| __timestamp | BioMarin Pharmaceutical Inc. | Perrigo Company plc |
|---|---|---|
| Wednesday, January 1, 2014 | 302156000 | 675200000 |
| Thursday, January 1, 2015 | 402271000 | 771800000 |
| Friday, January 1, 2016 | 476593000 | 1205500000 |
| Sunday, January 1, 2017 | 554336000 | 1146500000 |
| Monday, January 1, 2018 | 604353000 | 1125800000 |
| Tuesday, January 1, 2019 | 680924000 | 1166100000 |
| Wednesday, January 1, 2020 | 737669000 | 1175500000 |
| Friday, January 1, 2021 | 759375000 | 1111400000 |
| Saturday, January 1, 2022 | 854009000 | 1210100000 |
| Sunday, January 1, 2023 | 937300000 | 1274600000 |
| Monday, January 1, 2024 | 1009025000 |
Unleashing the power of data
In the competitive landscape of pharmaceuticals, understanding spending patterns is crucial. BioMarin Pharmaceutical Inc. and Perrigo Company plc have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, BioMarin's SG&A expenses surged by approximately 210%, reflecting a strategic investment in growth and market expansion. In contrast, Perrigo's expenses increased by about 89%, indicating a more conservative approach.
BioMarin's aggressive spending, peaking at nearly 938 million in 2023, underscores its commitment to innovation and market penetration. Meanwhile, Perrigo's steady rise to 1.27 billion suggests a focus on maintaining operational efficiency while expanding its product portfolio. These financial strategies highlight the diverse approaches companies take to thrive in the pharmaceutical industry, offering valuable insights for investors and stakeholders.
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