SG&A Efficiency Analysis: Comparing Wave Life Sciences Ltd. and BioCryst Pharmaceuticals, Inc.

Biotech SG&A Expenses: A Decade of Growth and Strategy

__timestampBioCryst Pharmaceuticals, Inc.Wave Life Sciences Ltd.
Wednesday, January 1, 201474610002999000
Thursday, January 1, 20151304700010393000
Friday, January 1, 20161125300015994000
Sunday, January 1, 20171393300026975000
Monday, January 1, 20182951400039509000
Tuesday, January 1, 20193712100048869000
Wednesday, January 1, 20206792900042510000
Friday, January 1, 202111881800046105000
Saturday, January 1, 202215937100050513000
Sunday, January 1, 202321389400051292000
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Unlocking the unknown

SG&A Efficiency: A Tale of Two Biotech Companies

In the competitive world of biotechnology, managing operational expenses is crucial for sustainability and growth. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Wave Life Sciences Ltd. and BioCryst Pharmaceuticals, Inc. over a decade, from 2014 to 2023.

BioCryst Pharmaceuticals has seen a staggering increase in SG&A expenses, rising from approximately $7.5 million in 2014 to over $213 million in 2023. This represents a growth of nearly 2,750%, indicating a significant expansion in their operational activities. In contrast, Wave Life Sciences Ltd. experienced a more moderate increase, with expenses growing from around $3 million to $51 million, a 1,600% rise.

This divergence in SG&A growth reflects differing strategic priorities and operational scales. Investors and stakeholders should consider these trends when evaluating the companies' financial health and strategic direction.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025