__timestamp | Agios Pharmaceuticals, Inc. | Ascendis Pharma A/S |
---|---|---|
Wednesday, January 1, 2014 | 19120000 | 6274000 |
Thursday, January 1, 2015 | 35992000 | 9415000 |
Friday, January 1, 2016 | 50714000 | 11504000 |
Sunday, January 1, 2017 | 71124000 | 13482000 |
Monday, January 1, 2018 | 114145000 | 25057000 |
Tuesday, January 1, 2019 | 132034000 | 48473000 |
Wednesday, January 1, 2020 | 149070000 | 76669000 |
Friday, January 1, 2021 | 121445000 | 160180000 |
Saturday, January 1, 2022 | 121673000 | 221227000 |
Sunday, January 1, 2023 | 119903000 | 264410000 |
Monday, January 1, 2024 | 156784000 | 284545000 |
Data in motion
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.
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