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

Biotech Giants' SG&A Strategies: A Decade in Review

__timestampArrowhead Pharmaceuticals, Inc.Novavax, Inc.
Wednesday, January 1, 20142441953619928000
Thursday, January 1, 20153471808930842000
Friday, January 1, 20164099820946527000
Sunday, January 1, 20173202288034451000
Monday, January 1, 20181911005134409000
Tuesday, January 1, 20192655625734417000
Wednesday, January 1, 202052275890145290000
Friday, January 1, 202180981000298358000
Saturday, January 1, 2022124431000488691000
Sunday, January 1, 202390932000468946000
Monday, January 1, 202498761000
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Unleashing insights

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 Novavax, Inc. have taken different paths in this regard over the past decade. From 2014 to 2023, Arrowhead's SG&A expenses grew by approximately 300%, peaking in 2022. Meanwhile, Novavax saw a staggering increase of over 2300% during the same period, with a notable surge in 2021 and 2022.

A Closer Look

Arrowhead's expenses remained relatively stable until 2020, after which they nearly doubled by 2022. In contrast, Novavax's costs skyrocketed, particularly in 2021, reflecting its aggressive expansion and vaccine development efforts. However, data for 2024 is missing for Novavax, leaving room for speculation on its future strategy.

Understanding these trends offers valuable insights into how these companies navigate financial challenges in a rapidly evolving industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025