Cost Management Insights: SG&A Expenses for Amneal Pharmaceuticals, Inc. and Agios Pharmaceuticals, Inc.

SG&A Expenses: A Decade of Strategic Growth in Pharmaceuticals

__timestampAgios Pharmaceuticals, Inc.Amneal Pharmaceuticals, Inc.
Wednesday, January 1, 20141912000084615000
Thursday, January 1, 201535992000109679000
Friday, January 1, 201650714000118757000
Sunday, January 1, 201771124000109046000
Monday, January 1, 2018114145000230435000
Tuesday, January 1, 2019132034000289598000
Wednesday, January 1, 2020149070000326727000
Friday, January 1, 2021121445000365504000
Saturday, January 1, 2022121673000399700000
Sunday, January 1, 2023119903000429675000
Monday, January 1, 2024156784000
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Unleashing the power of data

Navigating SG&A Expenses: A Tale of Two Pharmaceuticals

In the competitive landscape of pharmaceuticals, effective cost management is crucial. Over the past decade, Amneal Pharmaceuticals, Inc. and Agios Pharmaceuticals, Inc. have demonstrated contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Amneal's SG&A expenses surged by over 400%, peaking at approximately $430 million in 2023. This reflects a strategic expansion and investment in operational capabilities. In contrast, Agios Pharmaceuticals maintained a more conservative growth, with SG&A expenses increasing by around 500% over the same period, reaching nearly $120 million in 2023. This indicates a focused approach on streamlined operations. The data highlights the diverse financial strategies within the pharmaceutical industry, offering insights into how companies balance growth with cost efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025