AbbVie Inc. and Viking Therapeutics, Inc.: SG&A Spending Patterns Compared

SG&A Spending: AbbVie vs. Viking Therapeutics

__timestampAbbVie Inc.Viking Therapeutics, Inc.
Wednesday, January 1, 201477240000001244910
Thursday, January 1, 201563870000005029636
Friday, January 1, 201658550000004846776
Sunday, January 1, 201762750000005329003
Monday, January 1, 201873990000007121000
Tuesday, January 1, 201969420000009128000
Wednesday, January 1, 20201129900000010731000
Friday, January 1, 20211234900000010701000
Saturday, January 1, 20221526000000016121000
Sunday, January 1, 20231287200000037021000
Monday, January 1, 202414752000000
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Infusing magic into the data realm

SG&A Spending Patterns: A Tale of Two Companies

In the world of pharmaceuticals, strategic spending on Selling, General, and Administrative (SG&A) expenses can be a key differentiator. Over the past decade, AbbVie Inc. and Viking Therapeutics, Inc. have showcased contrasting SG&A spending patterns. AbbVie, a giant in the industry, has seen its SG&A expenses grow by approximately 66% from 2014 to 2023, peaking in 2022. This reflects its aggressive market strategies and expansion efforts. In contrast, Viking Therapeutics, a smaller player, has increased its SG&A spending by nearly 2,900% over the same period, indicating its rapid growth and investment in market presence. While AbbVie's spending dwarfs Viking's, the latter's growth trajectory is noteworthy. These patterns highlight the diverse strategies companies employ to maintain competitiveness and drive growth in the ever-evolving pharmaceutical landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025