Who Optimizes SG&A Costs Better? Corcept Therapeutics Incorporated or Catalyst Pharmaceuticals, Inc.

Corcept vs. Catalyst: SG&A Cost Strategies Unveiled

__timestampCatalyst Pharmaceuticals, Inc.Corcept Therapeutics Incorporated
Wednesday, January 1, 2014447365434916000
Thursday, January 1, 2015859701036949000
Friday, January 1, 2016791026045240000
Sunday, January 1, 2017730439962416000
Monday, January 1, 20181587596181289000
Tuesday, January 1, 201936881187100359000
Wednesday, January 1, 202044233754105326000
Friday, January 1, 202149628000122356000
Saturday, January 1, 202258183000152848000
Sunday, January 1, 2023133710000184259000
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Optimizing SG&A Costs: A Tale of Two Biopharma Companies

In the competitive world of biopharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Corcept Therapeutics Incorporated and Catalyst Pharmaceuticals, Inc. have shown distinct strategies in optimizing these costs. From 2014 to 2023, Corcept's SG&A expenses surged by over 400%, peaking in 2023. Meanwhile, Catalyst Pharmaceuticals exhibited a more conservative growth of approximately 290% in the same period.

Corcept's aggressive spending aligns with its rapid expansion and increased market presence, while Catalyst's steady approach reflects a focus on sustainable growth. Notably, in 2023, Corcept's SG&A expenses were about 38% higher than Catalyst's, highlighting its investment in scaling operations. This comparison underscores the diverse strategies companies employ to balance growth and cost efficiency in the dynamic pharmaceutical landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025