Alnylam Pharmaceuticals, Inc. or Rhythm Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

Alnylam vs. Rhythm: A Decade of SG&A Cost Management

__timestampAlnylam Pharmaceuticals, Inc.Rhythm Pharmaceuticals, Inc.
Wednesday, January 1, 2014445260001213000
Thursday, January 1, 2015606100003425000
Friday, January 1, 2016893540006311000
Sunday, January 1, 20171993650009518000
Monday, January 1, 201838235900028080000
Tuesday, January 1, 201947900500036550000
Wednesday, January 1, 202058842000046125000
Friday, January 1, 202162063900068486000
Saturday, January 1, 202277065800092032000
Sunday, January 1, 2023795646000117532000
Monday, January 1, 2024975526000
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Data in motion

Managing SG&A Costs: Alnylam vs. Rhythm Pharmaceuticals

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Alnylam Pharmaceuticals, Inc. and Rhythm Pharmaceuticals, Inc. have shown contrasting approaches over the past decade. From 2014 to 2023, Alnylam's SG&A expenses surged by over 1,600%, reflecting its aggressive expansion strategy. In contrast, Rhythm Pharmaceuticals maintained a more conservative growth, with SG&A costs increasing by approximately 9,600% but from a much smaller base.

Alnylam's expenses peaked in 2023, reaching nearly 800 million, while Rhythm's expenses were about 15% of Alnylam's at the same time. This disparity highlights Alnylam's larger scale and broader market reach. However, Rhythm's leaner cost structure could offer a strategic advantage in niche markets. As both companies continue to evolve, their ability to manage these costs will be pivotal in determining their long-term success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025