| __timestamp | Opthea Limited | Rhythm Pharmaceuticals, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 2652041 | 1213000 |
| Thursday, January 1, 2015 | 2361587 | 3425000 |
| Friday, January 1, 2016 | 4472869 | 6311000 |
| Sunday, January 1, 2017 | 5030957 | 9518000 |
| Monday, January 1, 2018 | 4988941 | 28080000 |
| Tuesday, January 1, 2019 | 5196412 | 36550000 |
| Wednesday, January 1, 2020 | 6652774 | 46125000 |
| Friday, January 1, 2021 | 18418247 | 68486000 |
| Saturday, January 1, 2022 | 24827066 | 92032000 |
| Sunday, January 1, 2023 | 41896408 | 117532000 |
| Monday, January 1, 2024 | 15488619 |
In pursuit of knowledge
In the competitive landscape of the pharmaceutical industry, understanding the financial health of companies is crucial. Opthea Limited and Rhythm Pharmaceuticals, Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Opthea's SG&A expenses surged by over 1,500%, peaking in 2023. In contrast, Rhythm Pharmaceuticals experienced a staggering increase of nearly 9,600% during the same period, highlighting its aggressive expansion strategy. Notably, Rhythm's expenses consistently outpaced Opthea's, reflecting its larger scale of operations. However, data for 2024 is incomplete, with Rhythm's figures missing, leaving room for speculation on future trends. This financial narrative underscores the dynamic nature of the pharmaceutical sector, where strategic spending can significantly impact a company's market position.
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