United Therapeutics Corporation vs Ultragenyx Pharmaceutical Inc.: SG&A Expense Trends

Biotech Giants' SG&A Expenses: A Decade of Divergence

__timestampUltragenyx Pharmaceutical Inc.United Therapeutics Corporation
Wednesday, January 1, 201410811000381287000
Thursday, January 1, 201533001000452612000
Friday, January 1, 201664936000316800000
Sunday, January 1, 201799909000330100000
Monday, January 1, 2018127724000265800000
Tuesday, January 1, 2019161524000336200000
Wednesday, January 1, 2020182933000423900000
Friday, January 1, 2021219982000467000000
Saturday, January 1, 2022278139000487000000
Sunday, January 1, 2023309799000477100000
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Unlocking the unknown

SG&A Expense Trends: A Tale of Two Biotechs

In the competitive landscape of biotechnology, understanding financial trends is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent players: United Therapeutics Corporation and Ultragenyx Pharmaceutical Inc., from 2014 to 2023.

United Therapeutics Corporation

United Therapeutics has consistently maintained higher SG&A expenses, peaking at approximately $487 million in 2022. This reflects a strategic investment in administrative capabilities and market expansion, with a steady increase of around 28% over the decade.

Ultragenyx Pharmaceutical Inc.

Ultragenyx, on the other hand, has shown a remarkable growth trajectory in SG&A expenses, surging from $10 million in 2014 to nearly $310 million in 2023. This represents an exponential increase of over 2,800%, highlighting aggressive expansion and scaling efforts.

These trends underscore the differing strategies of these biotech firms in navigating the complex pharmaceutical landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025