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

Alnylam vs. PTC: SG&A Cost Management Showdown

__timestampAlnylam Pharmaceuticals, Inc.PTC Therapeutics, Inc.
Wednesday, January 1, 20144452600044820000
Thursday, January 1, 20156061000082080000
Friday, January 1, 20168935400097130000
Sunday, January 1, 2017199365000121271000
Monday, January 1, 2018382359000153548000
Tuesday, January 1, 2019479005000202541000
Wednesday, January 1, 2020588420000245164000
Friday, January 1, 2021620639000285773000
Saturday, January 1, 2022770658000325998000
Sunday, January 1, 2023795646000332540000
Monday, January 1, 2024975526000
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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 sustaining growth and innovation. Alnylam Pharmaceuticals, Inc. and PTC Therapeutics, Inc. have been at the forefront of this challenge since 2014. Over the past decade, Alnylam's SG&A expenses have surged by approximately 1,700%, reflecting its aggressive expansion strategy. In contrast, PTC Therapeutics has maintained a more conservative growth, with a 640% increase in the same period.

By 2023, Alnylam's SG&A expenses were nearly 2.4 times higher than PTC's, indicating a significant divergence in their operational strategies. This data highlights the contrasting approaches of these two companies in managing their operational costs, with Alnylam focusing on rapid scaling and PTC on steady growth. Understanding these trends provides valuable insights into their strategic priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025