Breaking Down SG&A Expenses: Merck & Co., Inc. vs Ionis Pharmaceuticals, Inc.

SG&A Expenses: Merck vs. Ionis - A Decade of Financial Strategy

__timestampIonis Pharmaceuticals, Inc.Merck & Co., Inc.
Wednesday, January 1, 20142014000011606000000
Thursday, January 1, 20153717300010313000000
Friday, January 1, 2016486160009762000000
Sunday, January 1, 20171084880009830000000
Monday, January 1, 201824462200010102000000
Tuesday, January 1, 201928700000010615000000
Wednesday, January 1, 20203540000008955000000
Friday, January 1, 20211860000009634000000
Saturday, January 1, 202215100000010042000000
Sunday, January 1, 202323260000010504000000
Monday, January 1, 2024267474000
Loading chart...

Unleashing insights

A Tale of Two Giants: SG&A Expenses in the Pharmaceutical Industry

In the ever-evolving pharmaceutical landscape, understanding the financial dynamics of industry leaders is crucial. Over the past decade, Merck & Co., Inc. and Ionis Pharmaceuticals, Inc. have showcased contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Merck's SG&A expenses have consistently dwarfed those of Ionis, averaging around $10 billion annually, a testament to its expansive global operations and marketing efforts. In contrast, Ionis, a smaller player, has seen its SG&A expenses grow from $20 million in 2014 to over $230 million in 2023, reflecting its strategic investments in growth and innovation. This 11-fold increase highlights Ionis's aggressive push to expand its market presence. As the pharmaceutical sector continues to innovate, these financial insights offer a glimpse into the strategic priorities of these two industry titans.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025