Comparing SG&A Expenses: Bristol-Myers Squibb Company vs MannKind Corporation Trends and Insights

SG&A Expenses: Bristol-Myers vs. MannKind - A Decade of Insights

__timestampBristol-Myers Squibb CompanyMannKind Corporation
Wednesday, January 1, 2014569900000079383000
Thursday, January 1, 20155001000000108402000
Friday, January 1, 2016500200000046928000
Sunday, January 1, 2017484900000074959000
Monday, January 1, 2018455100000079716000
Tuesday, January 1, 2019487100000074669000
Wednesday, January 1, 2020766100000059040000
Friday, January 1, 2021769000000077417000
Saturday, January 1, 2022781400000091473000
Sunday, January 1, 2023777200000094314000
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SG&A Expenses: A Tale of Two Companies

In the competitive landscape of the pharmaceutical industry, understanding the financial strategies of key players is crucial. Bristol-Myers Squibb Company (BMY) and MannKind Corporation (MNKD) offer a fascinating study in contrasts when it comes to Selling, General, and Administrative (SG&A) expenses over the past decade.

Bristol-Myers Squibb: A Steady Climb

From 2014 to 2023, Bristol-Myers Squibb's SG&A expenses have shown a consistent upward trend, peaking in 2022 with a 37% increase from 2014. This growth reflects the company's strategic investments in marketing and administration to maintain its competitive edge.

MannKind Corporation: A Different Path

Conversely, MannKind Corporation's SG&A expenses have remained relatively stable, with a modest 19% increase over the same period. This stability suggests a more conservative approach, focusing on cost efficiency while navigating the challenges of the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025