Blueprint Medicines Corporation or Amphastar Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Amphastar vs. Blueprint

__timestampAmphastar Pharmaceuticals, Inc.Blueprint Medicines Corporation
Wednesday, January 1, 2014403730007890000
Thursday, January 1, 20154697400014456000
Friday, January 1, 20164729800019218000
Sunday, January 1, 20175091800027986000
Monday, January 1, 20185804400047928000
Tuesday, January 1, 20196310900096388000
Wednesday, January 1, 202065157000157743000
Friday, January 1, 202168920000195293000
Saturday, January 1, 202266592000237374000
Sunday, January 1, 202380393000295141000
Monday, January 1, 2024359272000
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Cracking the code

SG&A Cost Management: A Tale of Two Companies

In the competitive landscape of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Amphastar Pharmaceuticals, Inc. and Blueprint Medicines Corporation offer a fascinating study in contrasts over the past decade. From 2014 to 2023, Amphastar's SG&A expenses grew by approximately 99%, starting at $40 million and reaching $80 million. In contrast, Blueprint Medicines saw a staggering increase of over 3,600%, from $7.9 million to nearly $295 million.

A Decade of Financial Strategy

Amphastar's steady growth in SG&A expenses reflects a controlled expansion strategy, maintaining a consistent increase year-over-year. Meanwhile, Blueprint's exponential rise suggests aggressive scaling, likely driven by rapid R&D and market expansion. This divergence highlights the strategic choices companies face in balancing cost management with growth ambitions.

Understanding these trends offers valuable insights into how pharmaceutical companies navigate financial challenges in a dynamic market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025