Viking Therapeutics, Inc. and Evotec SE: SG&A Spending Patterns Compared

Biotech Giants' SG&A Trends: Evotec vs. Viking

__timestampEvotec SEViking Therapeutics, Inc.
Wednesday, January 1, 2014179900001244910
Thursday, January 1, 2015251660005029636
Friday, January 1, 2016270130004846776
Sunday, January 1, 2017423830005329003
Monday, January 1, 2018570120007121000
Tuesday, January 1, 2019665460009128000
Wednesday, January 1, 20207723800010731000
Friday, January 1, 202110544500010701000
Saturday, January 1, 202215619000016121000
Sunday, January 1, 202316961000037021000
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Unveiling the hidden dimensions of data

SG&A Spending Patterns: A Tale of Two Biotech Companies

In the dynamic world of biotechnology, understanding financial trends is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of two prominent biotech firms, Evotec SE and Viking Therapeutics, Inc., from 2014 to 2023. Over this period, Evotec SE's SG&A expenses surged by approximately 843%, reflecting its aggressive expansion and operational scaling. In contrast, Viking Therapeutics, Inc. exhibited a more modest increase of around 287%, indicating a more conservative growth strategy. Notably, in 2023, Evotec SE's SG&A expenses were nearly five times higher than those of Viking Therapeutics, highlighting the stark contrast in their financial strategies. This data provides valuable insights into how these companies allocate resources, offering a window into their strategic priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025