Bristol-Myers Squibb Company vs Alnylam Pharmaceuticals, Inc.: SG&A Expense Trends

Biopharma SG&A: Bristol-Myers vs. Alnylam Expense Trends

__timestampAlnylam Pharmaceuticals, Inc.Bristol-Myers Squibb Company
Wednesday, January 1, 2014445260005699000000
Thursday, January 1, 2015606100005001000000
Friday, January 1, 2016893540005002000000
Sunday, January 1, 20171993650004849000000
Monday, January 1, 20183823590004551000000
Tuesday, January 1, 20194790050004871000000
Wednesday, January 1, 20205884200007661000000
Friday, January 1, 20216206390007690000000
Saturday, January 1, 20227706580007814000000
Sunday, January 1, 20237956460007772000000
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Infusing magic into the data realm

SG&A Expense Trends: A Tale of Two Biopharma Giants

In the ever-evolving landscape of the biopharmaceutical industry, understanding the financial strategies of leading companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Bristol-Myers Squibb Company and Alnylam Pharmaceuticals, Inc. from 2014 to 2023. Over this period, Bristol-Myers Squibb consistently outspent Alnylam, with SG&A expenses peaking at approximately $7.8 billion in 2022, a 40% increase from 2014. In contrast, Alnylam's expenses grew more dramatically, surging by over 1,600% from 2014 to 2023, reflecting its aggressive expansion and market penetration strategies. This stark contrast highlights the differing operational scales and strategic priorities of these two industry players. As Bristol-Myers Squibb maintains its robust market presence, Alnylam's rapid growth trajectory underscores its rising influence in the biopharma sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025