Breaking Down SG&A Expenses: Madrigal Pharmaceuticals, Inc. vs ADMA Biologics, Inc.

SG&A Expenses: Madrigal vs. ADMA - A Decade of Growth

__timestampADMA Biologics, Inc.Madrigal Pharmaceuticals, Inc.
Wednesday, January 1, 2014482386915746000
Thursday, January 1, 2015674596813392000
Friday, January 1, 201684947429290000
Sunday, January 1, 2017180928357672000
Monday, January 1, 20182250292215293000
Tuesday, January 1, 20192591075722648000
Wednesday, January 1, 20203505081721864000
Friday, January 1, 20214289688937318000
Saturday, January 1, 20225245802448130000
Sunday, January 1, 202359020000108146000
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Unleashing insights

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

In the competitive world of biotechnology, managing expenses is crucial for success. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Madrigal Pharmaceuticals, Inc. and ADMA Biologics, Inc. from 2014 to 2023. Over this period, Madrigal Pharmaceuticals saw a staggering 587% increase in SG&A expenses, peaking in 2023. Meanwhile, ADMA Biologics experienced a 1,124% rise, highlighting their aggressive expansion strategy.

In 2023, Madrigal's SG&A expenses were nearly double those of ADMA, reflecting their significant investment in administrative and sales functions. This trend underscores the strategic differences between the two companies, with Madrigal focusing on scaling operations and ADMA on rapid growth. Understanding these financial dynamics offers valuable insights into the operational priorities and market strategies of these biotech firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025