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

Biotech Giants: A Decade of SG&A Cost Management

__timestampAscendis Pharma A/SIonis Pharmaceuticals, Inc.
Wednesday, January 1, 2014627400020140000
Thursday, January 1, 2015941500037173000
Friday, January 1, 20161150400048616000
Sunday, January 1, 201713482000108488000
Monday, January 1, 201825057000244622000
Tuesday, January 1, 201948473000287000000
Wednesday, January 1, 202076669000354000000
Friday, January 1, 2021160180000186000000
Saturday, January 1, 2022221227000151000000
Sunday, January 1, 2023264410000232600000
Monday, January 1, 2024284545000267474000
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Unlocking the unknown

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 Ionis Pharmaceuticals, Inc. have been navigating this financial landscape since 2014. Over the past decade, Ascendis Pharma has seen a staggering increase in SG&A expenses, growing from approximately $6 million in 2014 to over $264 million in 2023. This represents a growth rate of over 4,200%, reflecting their aggressive expansion strategy.

In contrast, Ionis Pharmaceuticals, while starting with higher SG&A costs of around $20 million in 2014, has managed a more stable trajectory, peaking at $354 million in 2020 before reducing to $232 million in 2023. This indicates a strategic shift towards cost optimization. As these companies continue to evolve, their ability to manage SG&A expenses 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