| __timestamp | Genmab A/S | Rhythm Pharmaceuticals, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 79529000 | 1213000 |
| Thursday, January 1, 2015 | 91224000 | 3425000 |
| Friday, January 1, 2016 | 102413000 | 6311000 |
| Sunday, January 1, 2017 | 146987000 | 9518000 |
| Monday, January 1, 2018 | 213695000 | 28080000 |
| Tuesday, January 1, 2019 | 342000000 | 36550000 |
| Wednesday, January 1, 2020 | 661000000 | 46125000 |
| Friday, January 1, 2021 | 1283000000 | 68486000 |
| Saturday, January 1, 2022 | 2676000000 | 92032000 |
| Sunday, January 1, 2023 | 3297000000 | 117532000 |
| Monday, January 1, 2024 | 3790000000 |
Infusing magic into the data realm
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.
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