TG Therapeutics, Inc. and Ultragenyx Pharmaceutical Inc.: SG&A Spending Patterns Compared

Biotech Giants' SG&A Spending: A Decade of Divergence

__timestampTG Therapeutics, Inc.Ultragenyx Pharmaceutical Inc.
Wednesday, January 1, 20142451869210811000
Thursday, January 1, 20151988658033001000
Friday, January 1, 20161263168964936000
Sunday, January 1, 20172197799899909000
Monday, January 1, 201820759000127724000
Tuesday, January 1, 201920838000161524000
Wednesday, January 1, 2020121812000182933000
Friday, January 1, 2021152137000219982000
Saturday, January 1, 202283231000278139000
Sunday, January 1, 2023122706000309799000
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Unleashing insights

SG&A Spending Patterns: A Tale of Two Biotechs

In the dynamic world of biotechnology, understanding financial trends is crucial. Over the past decade, TG Therapeutics, Inc. and Ultragenyx Pharmaceutical Inc. have showcased distinct patterns in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Ultragenyx's SG&A expenses surged by nearly 2,800%, peaking in 2023. In contrast, TG Therapeutics experienced a more modest increase of approximately 400% over the same period.

A Closer Look at the Trends

While both companies have seen growth, Ultragenyx's aggressive expansion strategy is evident in its spending, which consistently outpaced TG Therapeutics. Notably, in 2023, Ultragenyx's SG&A expenses were nearly 2.5 times higher than those of TG Therapeutics. This divergence highlights differing strategic priorities, with Ultragenyx potentially focusing more on scaling operations. As the biotech sector continues to evolve, these spending patterns offer valuable insights into each company's strategic direction.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025