| __timestamp | Novo Nordisk A/S | PTC Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 26760000000 | 44820000 |
| Thursday, January 1, 2015 | 32169000000 | 82080000 |
| Friday, January 1, 2016 | 32339000000 | 97130000 |
| Sunday, January 1, 2017 | 32124000000 | 121271000 |
| Monday, January 1, 2018 | 33313000000 | 153548000 |
| Tuesday, January 1, 2019 | 35830000000 | 202541000 |
| Wednesday, January 1, 2020 | 36886000000 | 245164000 |
| Friday, January 1, 2021 | 41058000000 | 285773000 |
| Saturday, January 1, 2022 | 50684000000 | 325998000 |
| Sunday, January 1, 2023 | 61598000000 | 332540000 |
| Monday, January 1, 2024 | 67377000000 |
Infusing magic into the data realm
In the world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Novo Nordisk A/S and PTC Therapeutics, Inc. have shown contrasting trends in their SG&A expenses. From 2014 to 2023, Novo Nordisk's SG&A expenses surged by approximately 130%, reflecting its aggressive expansion and marketing strategies. In contrast, PTC Therapeutics, Inc. experienced a more modest increase of around 640%, albeit from a much smaller base, indicating its growth phase in the competitive biotech sector.
Novo Nordisk's expenses peaked in 2023, reaching nearly 6.2 times its 2014 levels, while PTC's expenses grew to about 7.4 times its initial value. This divergence highlights the different scales and strategies of these companies, offering insights into their operational priorities and market positioning.
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