__timestamp | Amicus Therapeutics, Inc. | Viking Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 20717000 | 1244910 |
Thursday, January 1, 2015 | 47269000 | 5029636 |
Friday, January 1, 2016 | 71151000 | 4846776 |
Sunday, January 1, 2017 | 88671000 | 5329003 |
Monday, January 1, 2018 | 127200000 | 7121000 |
Tuesday, January 1, 2019 | 169861000 | 9128000 |
Wednesday, January 1, 2020 | 156407000 | 10731000 |
Friday, January 1, 2021 | 192710000 | 10701000 |
Saturday, January 1, 2022 | 213041000 | 16121000 |
Sunday, January 1, 2023 | 275270000 | 37021000 |
Cracking the code
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.
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