__timestamp | Summit Therapeutics Inc. | Viatris Inc. |
---|---|---|
Wednesday, January 1, 2014 | 6795238 | 1499100000 |
Thursday, January 1, 2015 | 7454247 | 1923500000 |
Friday, January 1, 2016 | 10345862 | 2351400000 |
Sunday, January 1, 2017 | 16984203 | 2564000000 |
Monday, January 1, 2018 | 16187290 | 2397300000 |
Tuesday, January 1, 2019 | 9299233.54 | 2503400000 |
Wednesday, January 1, 2020 | 19232000 | 3344600000 |
Friday, January 1, 2021 | 23611000 | 4529200000 |
Saturday, January 1, 2022 | 26700000 | 4179100000 |
Sunday, January 1, 2023 | 28215000 | 4650100000 |
Igniting the spark of knowledge
In the competitive landscape of the pharmaceutical industry, understanding the financial strategies of key players is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Viatris Inc. and Summit Therapeutics Inc. from 2014 to 2023.
Viatris Inc. has consistently demonstrated a robust financial strategy, with SG&A expenses growing by approximately 210% over the past decade. This increase reflects the company's expansive operations and strategic investments in marketing and administration. By 2023, Viatris's SG&A expenses reached a peak, underscoring its commitment to maintaining a competitive edge.
In contrast, Summit Therapeutics Inc. has shown a more modest increase in SG&A expenses, rising by about 315% over the same period. This growth, while significant, highlights a more conservative approach, focusing on sustainable expansion and cost management.
Both companies illustrate distinct financial strategies, offering valuable insights into their operational priorities and market positioning.
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