Who Optimizes SG&A Costs Better? Halozyme Therapeutics, Inc. or MannKind Corporation

Biotech Giants: A Decade of SG&A Cost Strategies

__timestampHalozyme Therapeutics, Inc.MannKind Corporation
Wednesday, January 1, 20143594200079383000
Thursday, January 1, 201540028000108402000
Friday, January 1, 20164585300046928000
Sunday, January 1, 20175381600074959000
Monday, January 1, 20186080400079716000
Tuesday, January 1, 20197725200074669000
Wednesday, January 1, 20204573600059040000
Friday, January 1, 20215032300077417000
Saturday, January 1, 202214352600091473000
Sunday, January 1, 202314918200094314000
Monday, January 1, 2024154335000
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Igniting the spark of knowledge

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 financial health. From 2014 to 2023, Halozyme Therapeutics, Inc. and MannKind Corporation have shown distinct strategies in optimizing these costs. Halozyme's SG&A expenses have seen a significant increase, peaking at nearly 150% of their 2014 levels by 2023. This suggests a strategic investment in administrative capabilities, possibly to support growth initiatives. In contrast, MannKind's expenses have remained relatively stable, with a modest increase of about 19% over the same period. This stability might indicate a focus on maintaining lean operations. The data highlights how each company navigates the balance between cost management and strategic investment, offering valuable insights into their operational priorities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025