| __timestamp | AbbVie Inc. | Viking Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 7724000000 | 1244910 |
| Thursday, January 1, 2015 | 6387000000 | 5029636 |
| Friday, January 1, 2016 | 5855000000 | 4846776 |
| Sunday, January 1, 2017 | 6275000000 | 5329003 |
| Monday, January 1, 2018 | 7399000000 | 7121000 |
| Tuesday, January 1, 2019 | 6942000000 | 9128000 |
| Wednesday, January 1, 2020 | 11299000000 | 10731000 |
| Friday, January 1, 2021 | 12349000000 | 10701000 |
| Saturday, January 1, 2022 | 15260000000 | 16121000 |
| Sunday, January 1, 2023 | 12872000000 | 37021000 |
| Monday, January 1, 2024 | 14752000000 |
Cracking the code
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.
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