Who Optimizes SG&A Costs Better? Insmed Incorporated or Ascendis Pharma A/S

Biotech Giants: SG&A Cost Strategies Compared

__timestampAscendis Pharma A/SInsmed Incorporated
Wednesday, January 1, 2014627400031073000
Thursday, January 1, 2015941500043216000
Friday, January 1, 20161150400050679000
Sunday, January 1, 20171348200079171000
Monday, January 1, 201825057000168218000
Tuesday, January 1, 201948473000210796000
Wednesday, January 1, 202076669000203613000
Friday, January 1, 2021160180000234273000
Saturday, January 1, 2022221227000265784000
Sunday, January 1, 2023264410000344501000
Monday, January 1, 2024284545000
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Unleashing insights

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. Over the past decade, Insmed Incorporated and Ascendis Pharma A/S have shown contrasting approaches to SG&A optimization. From 2014 to 2023, Insmed's SG&A expenses surged by over 1,000%, peaking at $344 million in 2023. In contrast, Ascendis Pharma's expenses grew by approximately 4,100%, reaching $264 million in the same year.

While both companies have seen significant increases, Ascendis Pharma's expenses grew at a faster rate, reflecting its aggressive expansion strategy. Insmed, however, maintained a steadier growth trajectory, suggesting a more controlled approach. This data highlights the strategic choices each company makes in balancing growth with cost management, 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