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

Biotech Giants' SG&A Cost Strategies: A Comparative Analysis

__timestampArrowhead Pharmaceuticals, Inc.Iovance Biotherapeutics, Inc.
Wednesday, January 1, 2014244195369335772
Thursday, January 1, 20153471808912390000
Friday, January 1, 20164099820925602000
Sunday, January 1, 20173202288021262000
Monday, January 1, 20181911005128430000
Tuesday, January 1, 20192655625740849000
Wednesday, January 1, 20205227589060210000
Friday, January 1, 20218098100083664000
Saturday, January 1, 2022124431000104097000
Sunday, January 1, 202390932000106916000
Monday, January 1, 202498761000
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Igniting the spark of knowledge

Optimizing SG&A Costs: A Tale of Two Biotech Giants

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Arrowhead Pharmaceuticals, Inc. and Iovance Biotherapeutics, Inc. have been at the forefront of this challenge since 2014. Over the years, Arrowhead has shown a steady increase in SG&A expenses, peaking in 2022 with a 410% rise from 2014. Meanwhile, Iovance's SG&A costs surged by over 1,000% during the same period, reflecting its aggressive growth strategy.

Interestingly, 2023 marked a shift, with Arrowhead reducing its SG&A expenses by 27% from the previous year, while Iovance continued its upward trend. This divergence highlights Arrowhead's strategic cost optimization efforts. However, data for 2024 is incomplete, leaving room for speculation on future trends. As these companies navigate the biotech landscape, their SG&A strategies will be pivotal in determining their competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025