| __timestamp | Alkermes plc | Corcept Therapeutics Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 199905000 | 34916000 |
| Thursday, January 1, 2015 | 311558000 | 36949000 |
| Friday, January 1, 2016 | 374130000 | 45240000 |
| Sunday, January 1, 2017 | 421578000 | 62416000 |
| Monday, January 1, 2018 | 526408000 | 81289000 |
| Tuesday, January 1, 2019 | 599449000 | 100359000 |
| Wednesday, January 1, 2020 | 538827000 | 105326000 |
| Friday, January 1, 2021 | 560977000 | 122356000 |
| Saturday, January 1, 2022 | 605747000 | 152848000 |
| Sunday, January 1, 2023 | 689751000 | 184259000 |
| Monday, January 1, 2024 | 645238000 |
In pursuit of knowledge
In the competitive landscape of biopharmaceuticals, effective cost management is crucial. Over the past decade, Alkermes plc and Corcept Therapeutics Incorporated have demonstrated contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Alkermes plc's SG&A expenses surged by approximately 245%, reflecting a strategic investment in growth and expansion. In contrast, Corcept Therapeutics Incorporated exhibited a more conservative increase of around 428%, indicating a focus on streamlined operations and efficiency. This divergence highlights the varied approaches companies take in balancing operational costs with strategic objectives. As the industry evolves, understanding these financial dynamics offers valuable insights into corporate strategy and market positioning.
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