Travere Therapeutics, Inc. and Viridian Therapeutics, Inc.: SG&A Spending Patterns Compared

Biotech SG&A Spending: Travere vs. Viridian

__timestampTravere Therapeutics, Inc.Viridian Therapeutics, Inc.
Wednesday, January 1, 2014596446967751000
Thursday, January 1, 20157954100010251000
Friday, January 1, 2016980150009575000
Sunday, January 1, 201710395800010912000
Monday, January 1, 201810365400011049000
Tuesday, January 1, 201912895100011646000
Wednesday, January 1, 202013579900013265000
Friday, January 1, 202114988300025805000
Saturday, January 1, 202222020600035182000
Sunday, January 1, 202326554200094999000
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Cracking the code

SG&A Spending Trends in Biotech: A Comparative Analysis

In the dynamic world of biotechnology, understanding the financial strategies of companies is crucial. Over the past decade, Travere Therapeutics, Inc. and Viridian Therapeutics, Inc. have shown distinct patterns in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Travere Therapeutics increased its SG&A spending by approximately 345%, peaking in 2023. This reflects a strategic investment in growth and operational expansion. In contrast, Viridian Therapeutics, while also increasing its SG&A expenses, showed a more modest growth of around 1,125% over the same period, indicating a more conservative approach. The year 2023 marked a significant leap for Viridian, with expenses reaching nearly 41% of Travere's, highlighting a potential shift in strategy. These trends offer a window into the companies' operational priorities and market positioning strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025