Who Optimizes SG&A Costs Better? TG Therapeutics, Inc. or Apellis Pharmaceuticals, Inc.

Biotech Giants: A Decade of SG&A Cost Strategies

__timestampApellis Pharmaceuticals, Inc.TG Therapeutics, Inc.
Wednesday, January 1, 2014290816624518692
Thursday, January 1, 2015635678219886580
Friday, January 1, 2016430374312631689
Sunday, January 1, 20171046315121977998
Monday, January 1, 20182263918420759000
Tuesday, January 1, 20196704648320838000
Wednesday, January 1, 2020139401000121812000
Friday, January 1, 2021176771000152137000
Saturday, January 1, 202227716300083231000
Sunday, January 1, 2023500815000122706000
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Igniting the spark of knowledge

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, TG Therapeutics, Inc. and Apellis Pharmaceuticals, Inc. have taken different paths in optimizing these costs.

A Decade of Financial Strategy

From 2014 to 2023, Apellis Pharmaceuticals saw a staggering increase in SG&A expenses, growing by over 17,000% from 2014 to 2023. In contrast, TG Therapeutics maintained a more stable trajectory, with expenses peaking in 2021 before declining by 45% in 2022.

Strategic Implications

While Apellis's rising costs may reflect aggressive expansion and investment in growth, TG Therapeutics' more controlled spending suggests a focus on efficiency. Investors and stakeholders should consider these trends when evaluating the companies' long-term strategies and financial health.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025