| __timestamp | Soleno Therapeutics, Inc. | Viridian Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 2917513 | 7751000 |
| Thursday, January 1, 2015 | 7878291 | 10251000 |
| Friday, January 1, 2016 | 8366794 | 9575000 |
| Sunday, January 1, 2017 | 6610381 | 10912000 |
| Monday, January 1, 2018 | 6556000 | 11049000 |
| Tuesday, January 1, 2019 | 6930000 | 11646000 |
| Wednesday, January 1, 2020 | 8758000 | 13265000 |
| Friday, January 1, 2021 | 10806000 | 25805000 |
| Saturday, January 1, 2022 | 9844000 | 35182000 |
| Sunday, January 1, 2023 | 13481000 | 94999000 |
Unleashing insights
In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Soleno Therapeutics, Inc. and Viridian Therapeutics, Inc. have been navigating this challenge since 2014. Over the past decade, Soleno has maintained a relatively stable SG&A expense, averaging around $8.2 million annually. In contrast, Viridian's expenses have surged, peaking at nearly $95 million in 2023, a staggering 1,100% increase from 2014. This dramatic rise reflects Viridian's aggressive growth strategy, while Soleno's steadier approach suggests a focus on cost efficiency. As the biotech landscape evolves, these companies' strategies offer valuable insights into balancing growth with financial prudence. Investors and industry watchers should consider these trends when evaluating the long-term viability and strategic direction of these firms.
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