Bristol-Myers Squibb Company and Cytokinetics, Incorporated: SG&A Spending Patterns Compared

SG&A Spending: Big Pharma vs. Biotech

__timestampBristol-Myers Squibb CompanyCytokinetics, Incorporated
Wednesday, January 1, 2014569900000017268000
Thursday, January 1, 2015500100000019667000
Friday, January 1, 2016500200000027823000
Sunday, January 1, 2017484900000036468000
Monday, January 1, 2018455100000031282000
Tuesday, January 1, 2019487100000039610000
Wednesday, January 1, 2020766100000052820000
Friday, January 1, 2021769000000096803000
Saturday, January 1, 20227814000000177977000
Sunday, January 1, 20237772000000173612000
Monday, January 1, 20248414000000
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Unleashing insights

SG&A Spending Patterns: A Tale of Two Companies

In the competitive landscape of the pharmaceutical industry, understanding spending patterns can offer valuable insights into a company's strategic priorities. Bristol-Myers Squibb Company, a global biopharmaceutical giant, and Cytokinetics, Incorporated, a smaller biotech firm, present a fascinating contrast in their Selling, General, and Administrative (SG&A) expenses over the past decade.

From 2014 to 2023, Bristol-Myers Squibb's SG&A expenses have shown a steady increase, peaking in 2022 with a 37% rise from 2014. This trend reflects their expansive market strategies and robust operational scale. In contrast, Cytokinetics, while significantly smaller in scale, has seen its SG&A expenses grow by over 900% during the same period, indicating aggressive investment in growth and development.

These spending patterns highlight the differing strategies of established versus emerging players in the pharmaceutical sector, offering a window into their future trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025