BioMarin Pharmaceutical Inc. and Jazz Pharmaceuticals plc: SG&A Spending Patterns Compared

Pharma Giants' SG&A Spending: A Decade of Strategic Growth

__timestampBioMarin Pharmaceutical Inc.Jazz Pharmaceuticals plc
Wednesday, January 1, 2014302156000406114000
Thursday, January 1, 2015402271000449119000
Friday, January 1, 2016476593000502892000
Sunday, January 1, 2017554336000544156000
Monday, January 1, 2018604353000683530000
Tuesday, January 1, 2019680924000736942000
Wednesday, January 1, 2020737669000854233000
Friday, January 1, 20217593750001451683000
Saturday, January 1, 20228540090001416967000
Sunday, January 1, 20239373000001343105000
Monday, January 1, 20241009025000
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SG&A Spending Trends: BioMarin vs. Jazz Pharmaceuticals

In the competitive landscape of pharmaceuticals, understanding spending patterns is crucial. Over the past decade, BioMarin Pharmaceutical Inc. and Jazz Pharmaceuticals plc have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, BioMarin's SG&A expenses grew by approximately 210%, reflecting a strategic investment in operational expansion. In contrast, Jazz Pharmaceuticals saw a staggering 230% increase, peaking in 2021 with a notable 1.45 billion in expenses. This surge highlights Jazz's aggressive market positioning and expansion efforts. By 2023, both companies demonstrated a slight reduction in growth rate, indicating a potential shift towards cost optimization. These trends not only underscore the dynamic nature of the pharmaceutical industry but also provide insights into how these companies are navigating market challenges and opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025