__timestamp | Gilead Sciences, Inc. | Protagonist Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 2983000000 | 1860000 |
Thursday, January 1, 2015 | 3426000000 | 2963000 |
Friday, January 1, 2016 | 3398000000 | 6961000 |
Sunday, January 1, 2017 | 3878000000 | 11779000 |
Monday, January 1, 2018 | 4056000000 | 13697000 |
Tuesday, January 1, 2019 | 4381000000 | 15749000 |
Wednesday, January 1, 2020 | 5151000000 | 18638000 |
Friday, January 1, 2021 | 5246000000 | 27196000 |
Saturday, January 1, 2022 | 5673000000 | 31739000 |
Sunday, January 1, 2023 | 6090000000 | 33491000 |
Monday, January 1, 2024 | 6091000000 |
Unlocking the unknown
In the ever-evolving landscape of biotechnology, understanding the financial dynamics of industry leaders is crucial. Gilead Sciences, Inc. and Protagonist Therapeutics, Inc. offer a fascinating study in contrasts when it comes to Selling, General, and Administrative (SG&A) expenses. Over the past decade, Gilead Sciences has seen a steady increase in SG&A expenses, rising from approximately $3 billion in 2014 to over $6 billion in 2023, marking a 100% increase. This growth reflects Gilead's expansive market strategies and operational scale.
Conversely, Protagonist Therapeutics, a smaller player, has experienced a more modest rise in SG&A expenses, from under $2 million in 2014 to around $33 million in 2023. This represents a staggering 1,700% increase, indicative of its aggressive growth and market penetration efforts. These trends highlight the diverse strategies employed by biotech companies to navigate the competitive landscape.
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