Xenon Pharmaceuticals Inc. and Dynavax Technologies Corporation: SG&A Spending Patterns Compared

Biotech Giants' SG&A Trends: Dynavax vs. Xenon

__timestampDynavax Technologies CorporationXenon Pharmaceuticals Inc.
Wednesday, January 1, 2014177630005496000
Thursday, January 1, 2015221800009786000
Friday, January 1, 2016372570006792000
Sunday, January 1, 2017273670007313000
Monday, January 1, 2018647700008382000
Tuesday, January 1, 20197498600010803000
Wednesday, January 1, 20207925600012944000
Friday, January 1, 202110015600021967000
Saturday, January 1, 202213140800032810000
Sunday, January 1, 202315294600046542000
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Igniting the spark of knowledge

SG&A Spending Patterns: A Tale of Two Biotechs

In the dynamic world of biotechnology, understanding financial trends is crucial. Over the past decade, Dynavax Technologies Corporation and Xenon Pharmaceuticals Inc. have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Dynavax's SG&A expenses surged by an impressive 760%, reflecting its aggressive expansion and strategic investments. In contrast, Xenon Pharmaceuticals exhibited a more conservative growth of 747% in the same period, indicating a steady yet cautious approach.

A Decade of Financial Evolution

By 2023, Dynavax's SG&A expenses reached approximately 153 million, dwarfing Xenon's 47 million. This disparity highlights Dynavax's larger operational scale and market ambitions. As these companies continue to evolve, their financial strategies offer valuable insights into the biotech sector's broader economic landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025