Who Optimizes SG&A Costs Better? Alnylam Pharmaceuticals, Inc. or Arrowhead Pharmaceuticals, Inc.

Biotech Giants: A Decade of SG&A Cost Strategies

__timestampAlnylam Pharmaceuticals, Inc.Arrowhead Pharmaceuticals, Inc.
Wednesday, January 1, 20144452600024419536
Thursday, January 1, 20156061000034718089
Friday, January 1, 20168935400040998209
Sunday, January 1, 201719936500032022880
Monday, January 1, 201838235900019110051
Tuesday, January 1, 201947900500026556257
Wednesday, January 1, 202058842000052275890
Friday, January 1, 202162063900080981000
Saturday, January 1, 2022770658000124431000
Sunday, January 1, 202379564600090932000
Monday, January 1, 202497552600098761000
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Cracking the code

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. Alnylam Pharmaceuticals, Inc. and Arrowhead Pharmaceuticals, Inc. have taken different paths in this regard. From 2014 to 2023, Alnylam's SG&A expenses surged by over 1,600%, reflecting its aggressive growth strategy. In contrast, Arrowhead maintained a more conservative approach, with expenses increasing by approximately 270% over the same period.

Alnylam's peak in 2023, with expenses nearing $796 million, underscores its commitment to expansion, albeit at a high cost. Meanwhile, Arrowhead's expenses, peaking at $124 million in 2022, suggest a more measured approach. This divergence highlights the strategic choices companies face in balancing growth with cost efficiency. As the biotech landscape evolves, these strategies will play a pivotal role in shaping their future trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025