__timestamp | Amicus Therapeutics, Inc. | Wave Life Sciences Ltd. |
---|---|---|
Wednesday, January 1, 2014 | 20717000 | 2999000 |
Thursday, January 1, 2015 | 47269000 | 10393000 |
Friday, January 1, 2016 | 71151000 | 15994000 |
Sunday, January 1, 2017 | 88671000 | 26975000 |
Monday, January 1, 2018 | 127200000 | 39509000 |
Tuesday, January 1, 2019 | 169861000 | 48869000 |
Wednesday, January 1, 2020 | 156407000 | 42510000 |
Friday, January 1, 2021 | 192710000 | 46105000 |
Saturday, January 1, 2022 | 213041000 | 50513000 |
Sunday, January 1, 2023 | 275270000 | 51292000 |
Cracking the code
In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Over the past decade, Amicus Therapeutics, Inc. and Wave Life Sciences Ltd. have taken different paths in optimizing these costs. From 2014 to 2023, Amicus Therapeutics saw a staggering 1,230% increase in SG&A expenses, peaking at $275 million in 2023. In contrast, Wave Life Sciences Ltd. maintained a more conservative growth, with a 1,610% increase, reaching $51 million in the same year.
This divergence highlights Amicus's aggressive expansion strategy, while Wave Life Sciences focuses on lean operations. Investors and industry analysts should consider these trends when evaluating the companies' long-term sustainability and growth potential. As the biotech sector continues to evolve, the ability to manage SG&A costs effectively will remain a key differentiator.
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