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

SG&A Cost Management: Amneal vs. Rhythm Pharmaceuticals

__timestampAmneal Pharmaceuticals, Inc.Rhythm Pharmaceuticals, Inc.
Wednesday, January 1, 2014846150001213000
Thursday, January 1, 20151096790003425000
Friday, January 1, 20161187570006311000
Sunday, January 1, 20171090460009518000
Monday, January 1, 201823043500028080000
Tuesday, January 1, 201928959800036550000
Wednesday, January 1, 202032672700046125000
Friday, January 1, 202136550400068486000
Saturday, January 1, 202239970000092032000
Sunday, January 1, 2023429675000117532000
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Managing SG&A Costs: A Tale of Two Pharmaceuticals

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Amneal Pharmaceuticals, Inc. and Rhythm Pharmaceuticals, Inc. have taken different paths in this regard over the past decade. From 2014 to 2023, Amneal's SG&A expenses have surged by over 400%, peaking at approximately $430 million in 2023. In contrast, Rhythm Pharmaceuticals started with a modest $1.2 million in 2014, growing to $117 million by 2023, marking an exponential increase of nearly 9,600%.

While Amneal's expenses have grown steadily, Rhythm's rapid increase reflects its aggressive expansion strategy. However, Amneal's larger scale and consistent growth suggest a more stable approach to managing costs. This comparison highlights the diverse strategies companies employ to balance growth and cost management in the pharmaceutical industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025