AstraZeneca PLC or Bio-Techne Corporation: Who Manages SG&A Costs Better?

AstraZeneca vs. Bio-Techne: SG&A Cost Management Showdown

__timestampAstraZeneca PLCBio-Techne Corporation
Wednesday, January 1, 20141332400000060716000
Thursday, January 1, 201511451000000119401000
Friday, January 1, 20169739000000140879000
Sunday, January 1, 201710543000000199243000
Monday, January 1, 201810362000000240636000
Tuesday, January 1, 201911848000000264359000
Wednesday, January 1, 202011693000000260583000
Friday, January 1, 202115680000000324951000
Saturday, January 1, 202218955000000372766000
Sunday, January 1, 202318025000000378378000
Monday, January 1, 202420532000000396826000
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Infusing magic into the data realm

AstraZeneca vs. Bio-Techne: A Decade of SG&A Management

In the competitive landscape of pharmaceuticals and biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, AstraZeneca PLC and Bio-Techne Corporation have demonstrated contrasting approaches to SG&A cost management.

AstraZeneca, a global pharmaceutical giant, has seen its SG&A expenses fluctuate, peaking in 2022 with a 44% increase from 2014. In contrast, Bio-Techne, a smaller biotech firm, has consistently managed its SG&A costs, with a steady increase of approximately 550% over the same period. This suggests a more controlled and strategic approach to scaling operations.

While AstraZeneca's larger scale might justify higher expenses, Bio-Techne's efficient cost management highlights its agility in the biotech sector. As we look to 2024, Bio-Techne's continued growth in SG&A expenses, despite missing data for AstraZeneca, could signal a strategic expansion phase.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025