Comparing SG&A Expenses: Viatris Inc. vs Summit Therapeutics Inc. Trends and Insights

SG&A Expenses: Viatris vs Summit - A Decade of Growth

__timestampSummit Therapeutics Inc.Viatris Inc.
Wednesday, January 1, 201467952381499100000
Thursday, January 1, 201574542471923500000
Friday, January 1, 2016103458622351400000
Sunday, January 1, 2017169842032564000000
Monday, January 1, 2018161872902397300000
Tuesday, January 1, 20199299233.542503400000
Wednesday, January 1, 2020192320003344600000
Friday, January 1, 2021236110004529200000
Saturday, January 1, 2022267000004179100000
Sunday, January 1, 2023282150004650100000
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Igniting the spark of knowledge

SG&A Expenses: A Tale of Two Companies

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.: A Steady Climb

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.

Summit Therapeutics Inc.: A Gradual Rise

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025