| __timestamp | AbbVie Inc. | Dr. Reddy's Laboratories Limited |
|---|---|---|
| Wednesday, January 1, 2014 | 7724000000 | 38783000000 |
| Thursday, January 1, 2015 | 6387000000 | 42585000000 |
| Friday, January 1, 2016 | 5855000000 | 45702000000 |
| Sunday, January 1, 2017 | 6275000000 | 46372000000 |
| Monday, January 1, 2018 | 7399000000 | 46910000000 |
| Tuesday, January 1, 2019 | 6942000000 | 48890000000 |
| Wednesday, January 1, 2020 | 11299000000 | 50129000000 |
| Friday, January 1, 2021 | 12349000000 | 54559000000 |
| Saturday, January 1, 2022 | 15260000000 | 62081000000 |
| Sunday, January 1, 2023 | 12872000000 | 105931000000 |
| Monday, January 1, 2024 | 0 | 77201000000 |
Cracking the code
In the ever-evolving pharmaceutical industry, effective cost management is crucial for maintaining competitive advantage. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry titans: AbbVie Inc. and Dr. Reddy's Laboratories Limited, from 2014 to 2023. Over this period, Dr. Reddy's Laboratories consistently outpaced AbbVie in SG&A spending, with a peak in 2023 where their expenses were nearly 70% higher than AbbVie's. Notably, AbbVie saw a significant increase in 2022, with expenses rising by approximately 24% compared to the previous year. However, 2023 data for AbbVie is missing, leaving a gap in the trend analysis. These insights highlight the strategic financial decisions made by these companies in response to market dynamics and regulatory changes, offering a glimpse into their operational priorities and growth strategies.
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