Breaking Down SG&A Expenses: Teva Pharmaceutical Industries Limited vs Ionis Pharmaceuticals, Inc.

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

__timestampIonis Pharmaceuticals, Inc.Teva Pharmaceutical Industries Limited
Wednesday, January 1, 2014201400005078000000
Thursday, January 1, 2015371730004717000000
Friday, January 1, 2016486160005096000000
Sunday, January 1, 20171084880004986000000
Monday, January 1, 20182446220004214000000
Tuesday, January 1, 20192870000003806000000
Wednesday, January 1, 20203540000003671000000
Friday, January 1, 20211860000003528000000
Saturday, January 1, 20221510000003445000000
Sunday, January 1, 20232326000003498000000
Monday, January 1, 20242674740003702000000
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Unlocking the unknown

A Tale of Two Pharmaceutical Giants: SG&A Expenses Over Time

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. This analysis compares the SG&A expenses of Teva Pharmaceutical Industries Limited and Ionis Pharmaceuticals, Inc. from 2014 to 2023.

Teva, a global leader in generic medicines, consistently reported higher SG&A expenses, peaking in 2016 with nearly 5.1 billion USD. However, a downward trend is evident, with a 32% reduction by 2023. This reflects Teva's strategic cost-cutting measures amidst industry challenges.

Conversely, Ionis, a pioneer in RNA-targeted therapeutics, saw its SG&A expenses grow by over 1,000% from 2014 to 2020, highlighting its aggressive expansion and investment in innovation. Despite a slight dip in 2021, Ionis's expenses rebounded by 2023, indicating renewed growth strategies.

This financial narrative underscores the dynamic strategies of these pharmaceutical titans in navigating market complexities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025