Breaking Down SG&A Expenses: Neurocrine Biosciences, Inc. vs Verona Pharma plc

Biotech Giants' SG&A Expenses: A Decade of Growth and Strategy

__timestampNeurocrine Biosciences, Inc.Verona Pharma plc
Wednesday, January 1, 2014179860001802274
Thursday, January 1, 2015324800002512761
Friday, January 1, 2016680810002894488
Sunday, January 1, 20171699060008096274
Monday, January 1, 20182489320007985229
Tuesday, January 1, 20193541000008994597
Wednesday, January 1, 202043330000029772000
Friday, January 1, 202158330000033907000
Saturday, January 1, 202275270000026579000
Sunday, January 1, 202388760000049868547
Monday, January 1, 20241007200000
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Unveiling the hidden dimensions of data

A Tale of Two Biotechs: SG&A Expenses Over Time

In the competitive world of biotechnology, managing expenses is crucial for success. Neurocrine Biosciences, Inc. and Verona Pharma plc, two prominent players, have shown contrasting trends in their Selling, General, and Administrative (SG&A) expenses from 2014 to 2023. Neurocrine Biosciences has seen a staggering increase of nearly 4,800% in SG&A expenses, reflecting its aggressive growth and expansion strategies. In contrast, Verona Pharma's expenses have grown by approximately 2,700%, indicating a more measured approach.

By 2023, Neurocrine's SG&A expenses reached nearly $888 million, dwarfing Verona's $49 million. This disparity highlights the different scales and strategies of these companies. Neurocrine's rapid increase suggests significant investment in marketing and administrative capabilities, while Verona's steady rise may indicate a focus on sustainable growth. Understanding these trends provides valuable insights into the strategic priorities of these biotech firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025