| __timestamp | Perrigo Company plc | Verona Pharma plc |
|---|---|---|
| Wednesday, January 1, 2014 | 675200000 | 1802274 |
| Thursday, January 1, 2015 | 771800000 | 2512761 |
| Friday, January 1, 2016 | 1205500000 | 2894488 |
| Sunday, January 1, 2017 | 1146500000 | 8096274 |
| Monday, January 1, 2018 | 1125800000 | 7985229 |
| Tuesday, January 1, 2019 | 1166100000 | 8994597 |
| Wednesday, January 1, 2020 | 1175500000 | 29772000 |
| Friday, January 1, 2021 | 1111400000 | 33907000 |
| Saturday, January 1, 2022 | 1210100000 | 26579000 |
| Sunday, January 1, 2023 | 1274600000 | 49868547 |
Igniting the spark of knowledge
In the world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. This analysis compares the SG&A expenses of Verona Pharma plc and Perrigo Company plc from 2014 to 2023. Perrigo, a well-established player, consistently reported higher SG&A expenses, peaking at approximately $1.27 billion in 2023. This represents a 47% increase from 2014, reflecting its expansive operations and market reach. In contrast, Verona Pharma, a smaller entity, saw its SG&A expenses grow significantly, from around $1.8 million in 2014 to nearly $50 million in 2023, marking a staggering 2,670% increase. This growth underscores Verona's aggressive expansion and investment in its operations. The contrasting trajectories of these companies highlight the diverse strategies in the pharmaceutical industry, where scale and growth ambitions shape financial outcomes.
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