__timestamp | CRISPR Therapeutics AG | Xenon Pharmaceuticals Inc. |
---|---|---|
Wednesday, January 1, 2014 | 5114000 | 5496000 |
Thursday, January 1, 2015 | 13403000 | 9786000 |
Friday, January 1, 2016 | 31056000 | 6792000 |
Sunday, January 1, 2017 | 35845000 | 7313000 |
Monday, January 1, 2018 | 48294000 | 8382000 |
Tuesday, January 1, 2019 | 63488000 | 10803000 |
Wednesday, January 1, 2020 | 88208000 | 12944000 |
Friday, January 1, 2021 | 102802000 | 21967000 |
Saturday, January 1, 2022 | 102464000 | 32810000 |
Sunday, January 1, 2023 | 76162000 | 46542000 |
Monday, January 1, 2024 | 72977000 |
Infusing magic into the data realm
In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for sustaining growth and innovation. CRISPR Therapeutics AG and Xenon Pharmaceuticals Inc. have been at the forefront of this challenge since 2014. Over the past decade, CRISPR Therapeutics AG has seen its SG&A expenses grow by approximately 1,400%, peaking in 2021. In contrast, Xenon Pharmaceuticals Inc. has maintained a more conservative growth of around 750% in the same period.
By 2023, CRISPR's SG&A expenses were about 63% higher than Xenon's, reflecting its aggressive expansion strategy. However, Xenon’s steady increase suggests a more controlled approach, potentially offering better cost optimization. As these companies continue to innovate, their ability to manage these costs will be pivotal in determining their long-term success.
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