Who Optimizes SG&A Costs Better? ACADIA Pharmaceuticals Inc. or MannKind Corporation

Biotech Giants: Who Masters SG&A Costs?

__timestampACADIA Pharmaceuticals Inc.MannKind Corporation
Wednesday, January 1, 20143274800079383000
Thursday, January 1, 201590804000108402000
Friday, January 1, 201618645600046928000
Sunday, January 1, 201725506200074959000
Monday, January 1, 201826575800079716000
Tuesday, January 1, 201932563800074669000
Wednesday, January 1, 202038866100059040000
Friday, January 1, 202139602800077417000
Saturday, January 1, 202236909000091473000
Sunday, January 1, 202340246600094314000
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Unveiling the hidden dimensions of data

Optimizing SG&A Costs: A Tale of Two Biotechs

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Over the past decade, ACADIA Pharmaceuticals Inc. and MannKind Corporation have taken different paths in optimizing these costs. From 2014 to 2023, ACADIA's SG&A expenses surged by over 1,100%, peaking at approximately $402 million in 2023. This reflects their aggressive expansion and investment in administrative capabilities. In contrast, MannKind Corporation maintained a more conservative approach, with their SG&A expenses increasing by just 19% over the same period, reaching around $94 million in 2023. This strategic restraint may indicate a focus on lean operations. As investors and industry watchers analyze these trends, the question remains: which strategy will yield better long-term returns? The data suggests that while ACADIA is betting on growth, MannKind is prioritizing efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025