Viking Therapeutics, Inc. or Amicus Therapeutics, Inc.: Who Manages SG&A Costs Better?

Biotech Giants: SG&A Cost Management Showdown

__timestampAmicus Therapeutics, Inc.Viking Therapeutics, Inc.
Wednesday, January 1, 2014207170001244910
Thursday, January 1, 2015472690005029636
Friday, January 1, 2016711510004846776
Sunday, January 1, 2017886710005329003
Monday, January 1, 20181272000007121000
Tuesday, January 1, 20191698610009128000
Wednesday, January 1, 202015640700010731000
Friday, January 1, 202119271000010701000
Saturday, January 1, 202221304100016121000
Sunday, January 1, 202327527000037021000
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Cracking the code

Who Manages SG&A Costs Better: Viking or Amicus?

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. From 2014 to 2023, Amicus Therapeutics, Inc. consistently reported higher SG&A expenses compared to Viking Therapeutics, Inc. In 2023, Amicus's SG&A costs surged to nearly 275 million, marking a 1,230% increase from 2014. Meanwhile, Viking's expenses grew to approximately 37 million, a 2,870% rise over the same period. This stark contrast highlights Amicus's larger operational scale, while Viking's leaner approach may appeal to investors seeking efficiency. The data suggests that while Amicus invests heavily in its operations, Viking maintains a more conservative expenditure strategy. As the biotech industry evolves, these financial strategies will play a pivotal role in shaping each company's future.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025