Who Optimizes SG&A Costs Better? Regeneron Pharmaceuticals, Inc. or Ionis Pharmaceuticals, Inc.

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

__timestampIonis Pharmaceuticals, Inc.Regeneron Pharmaceuticals, Inc.
Wednesday, January 1, 201420140000504755000
Thursday, January 1, 201537173000838526000
Friday, January 1, 2016486160001177697000
Sunday, January 1, 20171084880001320433000
Monday, January 1, 20182446220001556200000
Tuesday, January 1, 20192870000001834800000
Wednesday, January 1, 20203540000001346000000
Friday, January 1, 20211860000001824900000
Saturday, January 1, 20221510000002115900000
Sunday, January 1, 20232326000002631300000
Monday, January 1, 20242674740002954400000
Loading chart...

Data in motion

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, Regeneron Pharmaceuticals, Inc. and Ionis Pharmaceuticals, Inc. have demonstrated contrasting approaches to SG&A cost management. From 2014 to 2023, Regeneron consistently reported higher SG&A expenses, peaking at approximately $2.63 billion in 2023. In contrast, Ionis maintained a more conservative approach, with expenses reaching around $354 million at their highest in 2020.

Regeneron's SG&A expenses grew by over 400% from 2014 to 2023, reflecting its aggressive expansion and investment in marketing and administrative capabilities. Meanwhile, Ionis's expenses increased by about 1,100% during the same period, indicating a strategic shift towards scaling operations. This data highlights the diverse strategies employed by these companies in navigating the biotech landscape, 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