| __timestamp | Catalyst Pharmaceuticals, Inc. | Xenon Pharmaceuticals Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 4473654 | 5496000 |
| Thursday, January 1, 2015 | 8597010 | 9786000 |
| Friday, January 1, 2016 | 7910260 | 6792000 |
| Sunday, January 1, 2017 | 7304399 | 7313000 |
| Monday, January 1, 2018 | 15875961 | 8382000 |
| Tuesday, January 1, 2019 | 36881187 | 10803000 |
| Wednesday, January 1, 2020 | 44233754 | 12944000 |
| Friday, January 1, 2021 | 49628000 | 21967000 |
| Saturday, January 1, 2022 | 58183000 | 32810000 |
| Sunday, January 1, 2023 | 133710000 | 46542000 |
Data in motion
In the competitive landscape of pharmaceuticals, understanding spending patterns is crucial. Over the past decade, Catalyst Pharmaceuticals, Inc. and Xenon Pharmaceuticals Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses.
Catalyst Pharmaceuticals has seen a dramatic increase in SG&A expenses, skyrocketing by nearly 2,900% from 2014 to 2023. This surge reflects their aggressive market expansion and investment in administrative capabilities. By 2023, their SG&A expenses reached a peak, indicating a strategic push in their operational framework.
Conversely, Xenon Pharmaceuticals has maintained a more conservative growth in SG&A spending, with a 747% increase over the same period. This steady rise suggests a balanced approach, focusing on sustainable growth and efficient resource allocation.
These contrasting strategies highlight the diverse approaches within the pharmaceutical industry, offering insights into how companies prioritize their operational expenditures.
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