Ultragenyx Pharmaceutical Inc. vs Apellis Pharmaceuticals, Inc.: SG&A Expense Trends

Biotech Giants' SG&A Expenses Soar Over 9 Years

__timestampApellis Pharmaceuticals, Inc.Ultragenyx Pharmaceutical Inc.
Wednesday, January 1, 2014290816610811000
Thursday, January 1, 2015635678233001000
Friday, January 1, 2016430374364936000
Sunday, January 1, 20171046315199909000
Monday, January 1, 201822639184127724000
Tuesday, January 1, 201967046483161524000
Wednesday, January 1, 2020139401000182933000
Friday, January 1, 2021176771000219982000
Saturday, January 1, 2022277163000278139000
Sunday, January 1, 2023500815000309799000
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SG&A Expense Trends: Ultragenyx vs. Apellis

In the competitive landscape of biotechnology, understanding financial trends is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Ultragenyx Pharmaceutical Inc. and Apellis Pharmaceuticals, Inc. over the past decade.

From 2014 to 2023, Apellis Pharmaceuticals saw a staggering increase in SG&A expenses, growing from approximately $2.9 million to over $500 million, marking a growth of over 17,000%. Meanwhile, Ultragenyx's expenses rose from about $10.8 million to nearly $310 million, a 2,770% increase.

The data reveals a significant upward trend in operational spending, reflecting the companies' aggressive strategies in research, development, and market expansion. Notably, 2023 marked a pivotal year where Apellis's expenses surpassed Ultragenyx's, indicating a shift in financial dynamics. This trend underscores the importance of strategic financial management in sustaining growth and innovation in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025