Who Optimizes SG&A Costs Better? TG Therapeutics, Inc. or Mesoblast Limited

Biotech Giants: A Decade of SG&A Cost Management

__timestampMesoblast LimitedTG Therapeutics, Inc.
Wednesday, January 1, 20145417000024518692
Thursday, January 1, 20156537800019886580
Friday, January 1, 20165226300012631689
Sunday, January 1, 20173507200021977998
Monday, January 1, 20182741500020759000
Tuesday, January 1, 20193698300020838000
Wednesday, January 1, 202050918000121812000
Friday, January 1, 202163586000152137000
Saturday, January 1, 20225796700083231000
Sunday, January 1, 202353107000122706000
Monday, January 1, 202423626000
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In pursuit of knowledge

Optimizing SG&A Costs: A Tale of Two Companies

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 Mesoblast Limited have taken different paths in optimizing these costs. From 2014 to 2023, Mesoblast Limited consistently maintained lower SG&A expenses, averaging around 47 million annually. In contrast, TG Therapeutics, Inc. saw a significant increase, peaking at 152 million in 2021, a staggering 220% rise from 2014. This divergence highlights TG Therapeutics' aggressive expansion strategy, while Mesoblast's steady approach reflects a focus on cost efficiency. Notably, 2024 data for TG Therapeutics is missing, leaving room for speculation on their future financial strategy. As these companies navigate the ever-evolving biotech landscape, their SG&A management will be a key indicator of their operational efficiency and strategic direction.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025