Who Optimizes SG&A Costs Better? Ascendis Pharma A/S or Galapagos NV

Biotech Giants' SG&A Strategies: A Decade of Change

__timestampAscendis Pharma A/SGalapagos NV
Wednesday, January 1, 201462740009079000
Thursday, January 1, 2015941500020309000
Friday, January 1, 20161150400016945000
Sunday, January 1, 20171348200020559000
Monday, January 1, 20182505700029641000
Tuesday, January 1, 20194847300088258000
Wednesday, January 1, 202076669000162170000
Friday, January 1, 2021160180000167218000
Saturday, January 1, 2022221227000239528000
Sunday, January 1, 202326441000094252000
Monday, January 1, 2024284545000
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Unleashing insights

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 Galapagos NV, two prominent players, have shown contrasting trends in their SG&A optimization strategies over the past decade. From 2014 to 2023, Ascendis Pharma A/S saw a staggering 4,100% increase in SG&A expenses, peaking in 2023. In contrast, Galapagos NV's SG&A costs surged by 940% until 2022, before dropping by 60% in 2023. This dramatic shift suggests a strategic pivot by Galapagos NV, potentially reallocating resources to enhance operational efficiency. Meanwhile, Ascendis Pharma A/S's consistent rise in expenses may indicate aggressive expansion efforts. As these companies navigate the complexities of the biotech landscape, their SG&A strategies will be pivotal in determining their long-term success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025