Who Optimizes SG&A Costs Better? Ascendis Pharma A/S or Agios Pharmaceuticals, Inc.

Biotech Giants: A Decade of SG&A Cost Management

__timestampAgios Pharmaceuticals, Inc.Ascendis Pharma A/S
Wednesday, January 1, 2014191200006274000
Thursday, January 1, 2015359920009415000
Friday, January 1, 20165071400011504000
Sunday, January 1, 20177112400013482000
Monday, January 1, 201811414500025057000
Tuesday, January 1, 201913203400048473000
Wednesday, January 1, 202014907000076669000
Friday, January 1, 2021121445000160180000
Saturday, January 1, 2022121673000221227000
Sunday, January 1, 2023119903000264410000
Monday, January 1, 2024156784000284545000
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Data in motion

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. Ascendis Pharma A/S and Agios Pharmaceuticals, Inc. have been on this journey since 2014, each with unique strategies. Over the past decade, Ascendis Pharma has seen a staggering increase in SG&A expenses, rising from approximately $6 million in 2014 to over $264 million in 2023. This represents a growth of over 4,100%, reflecting their aggressive expansion and investment in administrative capabilities.

Conversely, Agios Pharmaceuticals has maintained a more moderate trajectory, with SG&A expenses growing from around $19 million in 2014 to nearly $120 million in 2023, marking a 530% increase. This suggests a more controlled approach to cost management. As these companies continue to evolve, their ability to optimize SG&A costs will be pivotal in determining their long-term success in the biotech arena.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025