Who Optimizes SG&A Costs Better? Bio-Techne Corporation or Ultragenyx Pharmaceutical Inc.

SG&A Cost Optimization: Bio-Techne vs. Ultragenyx

__timestampBio-Techne CorporationUltragenyx Pharmaceutical Inc.
Wednesday, January 1, 20146071600010811000
Thursday, January 1, 201511940100033001000
Friday, January 1, 201614087900064936000
Sunday, January 1, 201719924300099909000
Monday, January 1, 2018240636000127724000
Tuesday, January 1, 2019264359000161524000
Wednesday, January 1, 2020260583000182933000
Friday, January 1, 2021324951000219982000
Saturday, January 1, 2022372766000278139000
Sunday, January 1, 2023378378000309799000
Monday, January 1, 2024396826000
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Unleashing insights

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive landscape of the pharmaceutical industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Bio-Techne Corporation and Ultragenyx Pharmaceutical Inc. have been navigating this challenge since 2014. Over the years, Bio-Techne has consistently maintained higher SG&A expenses, peaking at approximately $397 million in 2024. In contrast, Ultragenyx's expenses reached around $310 million by 2023, showing a steady increase.

Bio-Techne's SG&A costs grew by over 550% from 2014 to 2024, while Ultragenyx saw a staggering increase of nearly 2,800% from 2014 to 2023. This dramatic rise in Ultragenyx's expenses highlights its aggressive expansion strategy. However, the absence of data for Ultragenyx in 2024 leaves room for speculation on its future trajectory. As these companies continue to evolve, their ability to optimize SG&A costs will be pivotal in determining their market success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025