Who Optimizes SG&A Costs Better? Travere Therapeutics, Inc. or Novavax, Inc.

Biotech Giants: SG&A Cost Strategies Compared

__timestampNovavax, Inc.Travere Therapeutics, Inc.
Wednesday, January 1, 20141992800059644696
Thursday, January 1, 20153084200079541000
Friday, January 1, 20164652700098015000
Sunday, January 1, 201734451000103958000
Monday, January 1, 201834409000103654000
Tuesday, January 1, 201934417000128951000
Wednesday, January 1, 2020145290000135799000
Friday, January 1, 2021298358000149883000
Saturday, January 1, 2022488691000220206000
Sunday, January 1, 2023468946000265542000
Loading chart...

Infusing magic into the data realm

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 sustaining growth and profitability. Over the past decade, Travere Therapeutics, Inc. and Novavax, Inc. have demonstrated contrasting strategies in optimizing these costs.

From 2014 to 2023, Novavax's SG&A expenses surged by over 2,250%, peaking in 2022 with a 488% increase from 2014. This reflects their aggressive expansion and investment in administrative capabilities. In contrast, Travere Therapeutics maintained a more consistent growth, with a 345% increase over the same period, indicating a more controlled approach to scaling operations.

While Novavax's strategy may suggest a bold push for market dominance, Travere's steady rise in expenses could imply a focus on sustainable growth. As these companies continue to evolve, their SG&A strategies will be pivotal in shaping their financial futures.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025