Comparing SG&A Expenses: Madrigal Pharmaceuticals, Inc. vs HUTCHMED (China) Limited Trends and Insights

Biopharma SG&A Trends: HUTCHMED vs. Madrigal

__timestampHUTCHMED (China) LimitedMadrigal Pharmaceuticals, Inc.
Wednesday, January 1, 20142668400015746000
Thursday, January 1, 20152982900013392000
Friday, January 1, 2016395780009290000
Sunday, January 1, 2017432770007672000
Monday, January 1, 20184864500015293000
Tuesday, January 1, 20195293400022648000
Wednesday, January 1, 20206134900021864000
Friday, January 1, 202112712500037318000
Saturday, January 1, 202213610600048130000
Sunday, January 1, 2023133175999108146000
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Igniting the spark of knowledge

SG&A Expenses: A Tale of Two Biopharma Giants

In the dynamic world of biopharmaceuticals, understanding financial trends is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Madrigal Pharmaceuticals, Inc. and HUTCHMED (China) Limited from 2014 to 2023. Over this period, HUTCHMED's SG&A expenses surged by approximately 400%, peaking in 2022. Meanwhile, Madrigal Pharmaceuticals saw a staggering increase of over 580%, with a notable spike in 2023.

Key Insights

  • HUTCHMED's Growth: From 2014 to 2023, HUTCHMED's expenses grew steadily, reflecting its expanding operations and market reach.
  • Madrigal's Leap: Madrigal's expenses remained relatively stable until 2021, after which they skyrocketed, indicating significant strategic investments.

These trends highlight the companies' differing strategies in navigating the competitive biopharma landscape, with HUTCHMED focusing on consistent growth and Madrigal making bold, strategic leaps.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025