Who Optimizes SG&A Costs Better? Regeneron Pharmaceuticals, Inc. or Wave Life Sciences Ltd.

Biotech Giants: SG&A Cost Strategies Compared

__timestampRegeneron Pharmaceuticals, Inc.Wave Life Sciences Ltd.
Wednesday, January 1, 20145047550002999000
Thursday, January 1, 201583852600010393000
Friday, January 1, 2016117769700015994000
Sunday, January 1, 2017132043300026975000
Monday, January 1, 2018155620000039509000
Tuesday, January 1, 2019183480000048869000
Wednesday, January 1, 2020134600000042510000
Friday, January 1, 2021182490000046105000
Saturday, January 1, 2022211590000050513000
Sunday, January 1, 2023263130000051292000
Monday, January 1, 20242954400000
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Infusing magic into the data realm

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

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Over the past decade, Regeneron Pharmaceuticals, Inc. and Wave Life Sciences Ltd. have taken different paths in optimizing these costs. From 2014 to 2023, Regeneron saw a staggering 420% increase in SG&A expenses, peaking at $2.63 billion in 2023. In contrast, Wave Life Sciences maintained a more modest growth, with expenses rising by approximately 1,610% to $51 million in the same period.

Regeneron's substantial increase reflects its aggressive expansion and investment in administrative capabilities, while Wave's steady rise suggests a more conservative approach. This divergence highlights the strategic choices companies make in balancing growth and cost management. As the biotech landscape evolves, these strategies will play a pivotal role in determining long-term success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025