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

Biotech Giants: SG&A Cost Management Showdown

__timestampProtagonist Therapeutics, Inc.Viking Therapeutics, Inc.
Wednesday, January 1, 201418600001244910
Thursday, January 1, 201529630005029636
Friday, January 1, 201669610004846776
Sunday, January 1, 2017117790005329003
Monday, January 1, 2018136970007121000
Tuesday, January 1, 2019157490009128000
Wednesday, January 1, 20201863800010731000
Friday, January 1, 20212719600010701000
Saturday, January 1, 20223173900016121000
Sunday, January 1, 20233349100037021000
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Unlocking the unknown

A Tale of Two Therapeutics: SG&A Cost Management

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining financial health. Viking Therapeutics, Inc. and Protagonist Therapeutics, Inc. have been navigating these waters since 2014. Over the years, Protagonist Therapeutics has seen a steady increase in SG&A expenses, peaking at approximately 33 million in 2023, a nearly 18-fold increase from 2014. Meanwhile, Viking Therapeutics experienced a more volatile trajectory, with a significant spike in 2023, reaching around 37 million, marking a 29-fold increase from their 2014 figures. This data suggests that while both companies have expanded their operations, Viking's recent surge indicates a potential shift in strategy or market conditions. Investors and industry analysts should keep a close eye on these trends as they reflect broader strategic decisions and market dynamics.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025