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

Biotech Giants: SG&A Cost Management Showdown

__timestampViking Therapeutics, Inc.Viridian Therapeutics, Inc.
Wednesday, January 1, 201412449107751000
Thursday, January 1, 2015502963610251000
Friday, January 1, 201648467769575000
Sunday, January 1, 2017532900310912000
Monday, January 1, 2018712100011049000
Tuesday, January 1, 2019912800011646000
Wednesday, January 1, 20201073100013265000
Friday, January 1, 20211070100025805000
Saturday, January 1, 20221612100035182000
Sunday, January 1, 20233702100094999000
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Infusing magic into the data realm

Managing SG&A Costs: A Tale of Two Therapeutics

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Viking Therapeutics, Inc. and Viridian Therapeutics, Inc. have shown contrasting approaches over the past decade. From 2014 to 2023, Viking's SG&A expenses grew steadily, peaking at $37 million in 2023, a nearly 30-fold increase from 2014. Meanwhile, Viridian's expenses surged to $95 million in 2023, marking a 12-fold rise. Despite Viridian's higher absolute costs, Viking's expenses grew at a faster rate, indicating aggressive expansion or increased operational costs. Investors should consider these trends when evaluating the companies' financial strategies. While Viridian's higher expenses might suggest robust growth, Viking's rapid increase could signal strategic investments or inefficiencies. Understanding these dynamics is key to making informed investment decisions in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025