Who Optimizes SG&A Costs Better? Intra-Cellular Therapies, Inc. or Catalyst Pharmaceuticals, Inc.

Biopharma SG&A Cost Strategies: Catalyst vs. Intra-Cellular

__timestampCatalyst Pharmaceuticals, Inc.Intra-Cellular Therapies, Inc.
Wednesday, January 1, 2014447365410337679
Thursday, January 1, 2015859701018187286
Friday, January 1, 2016791026024758063
Sunday, January 1, 2017730439923666957
Monday, January 1, 20181587596130099855
Tuesday, January 1, 20193688118764947625
Wednesday, January 1, 202044233754186363444
Friday, January 1, 202149628000272611040
Saturday, January 1, 202258183000358782000
Sunday, January 1, 2023133710000409864000
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Infusing magic into the data realm

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, Catalyst Pharmaceuticals, Inc. and Intra-Cellular Therapies, Inc. have taken different paths in optimizing these costs. From 2014 to 2023, Catalyst Pharmaceuticals saw a steady increase in SG&A expenses, peaking at a 2,887% rise by 2023. In contrast, Intra-Cellular Therapies experienced a more dramatic surge, with expenses growing by 3,865% over the same period. This divergence highlights the strategic choices each company has made in scaling their operations and managing overheads. While Catalyst Pharmaceuticals has maintained a more conservative growth trajectory, Intra-Cellular Therapies has aggressively expanded its administrative footprint. Understanding these trends provides valuable insights into how each company navigates the financial landscape of the biopharma industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025