Who Optimizes SG&A Costs Better? Exelixis, Inc. or ACADIA Pharmaceuticals Inc.

Biotech Giants' SG&A Cost Strategies: A Decade in Review

__timestampACADIA Pharmaceuticals Inc.Exelixis, Inc.
Wednesday, January 1, 20143274800050829000
Thursday, January 1, 20159080400057305000
Friday, January 1, 2016186456000116145000
Sunday, January 1, 2017255062000159362000
Monday, January 1, 2018265758000206366000
Tuesday, January 1, 2019325638000228244000
Wednesday, January 1, 2020388661000293355000
Friday, January 1, 2021396028000401715000
Saturday, January 1, 2022369090000459856000
Sunday, January 1, 2023402466000542705000
Monday, January 1, 2024492128000
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Cracking the code

Optimizing SG&A Costs: A Tale of Two Biotech Giants

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Exelixis, Inc. and ACADIA Pharmaceuticals Inc. have demonstrated contrasting strategies in optimizing these costs. From 2014 to 2023, Exelixis, Inc. has shown a remarkable 967% increase in SG&A expenses, peaking in 2023. Meanwhile, ACADIA Pharmaceuticals Inc. experienced a 1,129% rise, with a notable surge in 2023.

Exelixis, Inc. maintained a more consistent growth trajectory, with expenses increasing steadily each year. In contrast, ACADIA Pharmaceuticals Inc. saw more volatility, with significant jumps in 2016 and 2020. This data highlights the strategic differences in cost management between the two companies, offering valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025