Breaking Down SG&A Expenses: Gilead Sciences, Inc. vs Travere Therapeutics, Inc.

SG&A Expenses: Gilead vs. Travere - A Decade of Growth

__timestampGilead Sciences, Inc.Travere Therapeutics, Inc.
Wednesday, January 1, 2014298300000059644696
Thursday, January 1, 2015342600000079541000
Friday, January 1, 2016339800000098015000
Sunday, January 1, 20173878000000103958000
Monday, January 1, 20184056000000103654000
Tuesday, January 1, 20194381000000128951000
Wednesday, January 1, 20205151000000135799000
Friday, January 1, 20215246000000149883000
Saturday, January 1, 20225673000000220206000
Sunday, January 1, 20236090000000265542000
Monday, January 1, 20246091000000
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Data in motion

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

In the competitive world of biotechnology, managing expenses is crucial for sustained growth and innovation. This analysis compares the Selling, General, and Administrative (SG&A) expenses of two prominent companies: Gilead Sciences, Inc. and Travere Therapeutics, Inc., from 2014 to 2023.

Gilead Sciences, a leader in antiviral drugs, has seen its SG&A expenses grow by approximately 104% over the past decade, peaking at $6.09 billion in 2023. This increase reflects Gilead's strategic investments in marketing and administration to maintain its market dominance.

Conversely, Travere Therapeutics, a smaller player focused on rare diseases, has experienced a more modest rise in SG&A expenses, increasing by around 345% to $265 million in 2023. This growth underscores Travere's expanding efforts to establish a foothold in the niche market of rare disease treatments.

This comparison highlights the contrasting strategies of these two companies in navigating the biotech landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025