United Therapeutics Corporation or Blueprint Medicines Corporation: Who Manages SG&A Costs Better?

Biotech Giants' SG&A Strategies: Stability vs. Growth

__timestampBlueprint Medicines CorporationUnited Therapeutics Corporation
Wednesday, January 1, 20147890000381287000
Thursday, January 1, 201514456000452612000
Friday, January 1, 201619218000316800000
Sunday, January 1, 201727986000330100000
Monday, January 1, 201847928000265800000
Tuesday, January 1, 201996388000336200000
Wednesday, January 1, 2020157743000423900000
Friday, January 1, 2021195293000467000000
Saturday, January 1, 2022237374000487000000
Sunday, January 1, 2023295141000477100000
Monday, January 1, 2024359272000
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Igniting the spark of knowledge

Managing SG&A Costs: A Tale of Two Biotech Giants

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. United Therapeutics Corporation and Blueprint Medicines Corporation, two prominent players in the industry, have shown contrasting approaches over the past decade.

From 2014 to 2023, United Therapeutics consistently maintained higher SG&A expenses, peaking at nearly 480% more than Blueprint Medicines in 2014. However, Blueprint Medicines has seen a dramatic increase in their SG&A costs, growing by approximately 3,640% over the same period. This surge reflects their aggressive expansion and investment in new therapies.

While United Therapeutics' expenses have remained relatively stable, Blueprint Medicines' rising costs suggest a strategic shift towards growth. Investors and industry analysts should consider these trends when evaluating the financial health and strategic direction of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025