Who Optimizes SG&A Costs Better? ACADIA Pharmaceuticals Inc. or Travere Therapeutics, Inc.

Biotech Giants: A Decade of SG&A Cost Strategies

__timestampACADIA Pharmaceuticals Inc.Travere Therapeutics, Inc.
Wednesday, January 1, 20143274800059644696
Thursday, January 1, 20159080400079541000
Friday, January 1, 201618645600098015000
Sunday, January 1, 2017255062000103958000
Monday, January 1, 2018265758000103654000
Tuesday, January 1, 2019325638000128951000
Wednesday, January 1, 2020388661000135799000
Friday, January 1, 2021396028000149883000
Saturday, January 1, 2022369090000220206000
Sunday, January 1, 2023402466000265542000
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In pursuit of knowledge

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 sustaining growth and profitability. Over the past decade, ACADIA Pharmaceuticals Inc. and Travere Therapeutics, Inc. have demonstrated contrasting strategies in optimizing these costs. From 2014 to 2023, ACADIA's SG&A expenses surged by over 1,100%, peaking in 2023, reflecting their aggressive expansion and investment in administrative capabilities. In contrast, Travere's expenses grew by approximately 345% during the same period, indicating a more conservative approach.

While ACADIA's strategy may suggest a robust growth trajectory, Travere's controlled spending could imply a focus on efficiency and cost management. This divergence highlights the strategic choices companies make in balancing growth with operational efficiency. As investors and stakeholders evaluate these companies, understanding their SG&A trends offers valuable insights into their long-term strategic priorities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025