Vericel Corporation or Novavax, Inc.: Who Manages SG&A Costs Better?

Vericel vs. Novavax: SG&A Cost Management Showdown

__timestampNovavax, Inc.Vericel Corporation
Wednesday, January 1, 20141992800013774000
Thursday, January 1, 20153084200022479000
Friday, January 1, 20164652700027388000
Sunday, January 1, 20173445100035610000
Monday, January 1, 20183440900049007000
Tuesday, January 1, 20193441700061139000
Wednesday, January 1, 202014529000068836000
Friday, January 1, 202129835800097592000
Saturday, January 1, 2022488691000106903000
Sunday, January 1, 2023468946000120998000
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Unleashing the power of data

SG&A Cost Management: Vericel vs. Novavax

In the competitive landscape of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. From 2014 to 2023, Vericel Corporation and Novavax, Inc. have shown contrasting approaches to SG&A cost management. Vericel's SG&A expenses grew steadily, peaking at approximately $121 million in 2023, marking a 780% increase from 2014. In contrast, Novavax's expenses surged dramatically, reaching nearly $469 million in 2023, a staggering 2,255% rise from 2014. This disparity highlights Novavax's aggressive expansion strategy, while Vericel maintained a more controlled growth. The data suggests that Vericel's approach may offer more sustainable cost management, potentially providing a competitive edge in the long run. Investors and industry analysts should consider these trends when evaluating the financial strategies of these biotech firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025