Who Optimizes SG&A Costs Better? Ultragenyx Pharmaceutical Inc. or Geron Corporation

Biotech Giants' SG&A Strategies: Ultragenyx vs. Geron

__timestampGeron CorporationUltragenyx Pharmaceutical Inc.
Wednesday, January 1, 20141675800010811000
Thursday, January 1, 20151779300033001000
Friday, January 1, 20161876100064936000
Sunday, January 1, 20171928700099909000
Monday, January 1, 201818707000127724000
Tuesday, January 1, 201920893000161524000
Wednesday, January 1, 202025678000182933000
Friday, January 1, 202129665000219982000
Saturday, January 1, 202243628000278139000
Sunday, January 1, 202369135000309799000
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In pursuit of knowledge

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

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. From 2014 to 2023, Ultragenyx Pharmaceutical Inc. and Geron Corporation have taken different paths in optimizing these costs. Ultragenyx's SG&A expenses surged by over 2,700% from 2014 to 2023, reflecting its aggressive growth strategy. In contrast, Geron Corporation's expenses increased by approximately 312% during the same period, indicating a more conservative approach.

Ultragenyx's higher SG&A costs, peaking at $310 million in 2023, suggest significant investment in scaling operations and market expansion. Meanwhile, Geron's expenses, reaching $69 million in 2023, highlight a focus on maintaining lean operations. This divergence in strategy underscores the varied approaches companies take in balancing growth and cost management in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025