Breaking Down SG&A Expenses: Genmab A/S vs Rhythm Pharmaceuticals, Inc.

SG&A Expenses: Genmab vs Rhythm Pharmaceuticals, 2014-2023

__timestampGenmab A/SRhythm Pharmaceuticals, Inc.
Wednesday, January 1, 2014795290001213000
Thursday, January 1, 2015912240003425000
Friday, January 1, 20161024130006311000
Sunday, January 1, 20171469870009518000
Monday, January 1, 201821369500028080000
Tuesday, January 1, 201934200000036550000
Wednesday, January 1, 202066100000046125000
Friday, January 1, 2021128300000068486000
Saturday, January 1, 2022267600000092032000
Sunday, January 1, 20233297000000117532000
Monday, January 1, 20243790000000
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Unveiling the hidden dimensions of data

A Tale of Two Companies: SG&A Expenses Over Time

In the ever-evolving pharmaceutical industry, understanding the financial dynamics of companies is crucial. This chart offers a fascinating glimpse into the Selling, General, and Administrative (SG&A) expenses of Genmab A/S and Rhythm Pharmaceuticals, Inc. from 2014 to 2023. Over this period, Genmab A/S has seen a staggering increase in SG&A expenses, growing by over 4,000%, from approximately $80 million in 2014 to nearly $3.3 billion in 2023. This reflects Genmab's aggressive expansion and investment in its operational capabilities.

In contrast, Rhythm Pharmaceuticals, Inc. has experienced a more modest growth in SG&A expenses, increasing by about 9,600% from $1.2 million in 2014 to $117 million in 2023. This indicates a steady scaling of operations as the company navigates its niche market. The data underscores the diverse strategies these companies employ in managing their operational costs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025