Veracyte, Inc. vs MannKind Corporation: SG&A Expense Trends

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

__timestampMannKind CorporationVeracyte, Inc.
Wednesday, January 1, 20147938300040786000
Thursday, January 1, 201510840200047876000
Friday, January 1, 20164692800052035000
Sunday, January 1, 20177495900055348000
Monday, January 1, 20187971600065276000
Tuesday, January 1, 20197466900082720000
Wednesday, January 1, 20205904000089118000
Friday, January 1, 202177417000181193000
Saturday, January 1, 202291473000174078000
Sunday, January 1, 202394314000184232000
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SG&A Expense Trends: Veracyte, Inc. vs MannKind Corporation

In the ever-evolving landscape of biotechnology, understanding financial trends is crucial. Over the past decade, Veracyte, Inc. and MannKind Corporation have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Veracyte's SG&A expenses surged by approximately 352%, reflecting its aggressive growth strategy and market expansion. In contrast, MannKind's expenses exhibited a more modest increase of about 19%, indicating a more conservative approach.

By 2023, Veracyte's SG&A expenses reached nearly double those of MannKind, highlighting its commitment to scaling operations and enhancing market presence. This divergence in financial strategy underscores the varied approaches companies take in the competitive biotech sector. Investors and stakeholders should consider these trends when evaluating potential growth and risk factors in their portfolios.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025