Breaking Down SG&A Expenses: Teva Pharmaceutical Industries Limited vs Iovance Biotherapeutics, Inc.

SG&A Expenses: Teva vs. Iovance Over a Decade

__timestampIovance Biotherapeutics, Inc.Teva Pharmaceutical Industries Limited
Wednesday, January 1, 201493357725078000000
Thursday, January 1, 2015123900004717000000
Friday, January 1, 2016256020005096000000
Sunday, January 1, 2017212620004986000000
Monday, January 1, 2018284300004214000000
Tuesday, January 1, 2019408490003806000000
Wednesday, January 1, 2020602100003671000000
Friday, January 1, 2021836640003528000000
Saturday, January 1, 20221040970003445000000
Sunday, January 1, 20231069160003498000000
Monday, January 1, 20243702000000
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Data in motion

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

In the competitive landscape of the pharmaceutical industry, understanding the financial health of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Teva Pharmaceutical Industries Limited and Iovance Biotherapeutics, Inc. from 2014 to 2023.

Teva, a global leader in generic medicines, consistently reported SG&A expenses in the billions, peaking at approximately $5 billion in 2016. However, a downward trend is evident, with a 32% reduction by 2023. In contrast, Iovance, a pioneering biotech firm, saw its SG&A expenses grow over tenfold, from around $9 million in 2014 to over $106 million in 2023. This reflects Iovance's aggressive expansion and investment in innovation.

The contrasting trajectories of these companies highlight the diverse strategies within the pharmaceutical sector, where established giants and emerging innovators navigate financial landscapes differently.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025