Cost Management Insights: SG&A Expenses for Dr. Reddy's Laboratories Limited and Apellis Pharmaceuticals, Inc.

SG&A Expenses: A Comparative Analysis of Two Pharma Giants

__timestampApellis Pharmaceuticals, Inc.Dr. Reddy's Laboratories Limited
Wednesday, January 1, 2014290816638783000000
Thursday, January 1, 2015635678242585000000
Friday, January 1, 2016430374345702000000
Sunday, January 1, 20171046315146372000000
Monday, January 1, 20182263918446910000000
Tuesday, January 1, 20196704648348890000000
Wednesday, January 1, 202013940100050129000000
Friday, January 1, 202117677100054559000000
Saturday, January 1, 202227716300062081000000
Sunday, January 1, 2023500815000105931000000
Monday, January 1, 202477201000000
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Unleashing the power of data

Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving pharmaceutical industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining competitive advantage. Dr. Reddy's Laboratories Limited, a stalwart in the field, has consistently demonstrated robust cost management, with SG&A expenses peaking at approximately 106 billion in 2023, a 63% increase from 2014. In contrast, Apellis Pharmaceuticals, Inc., a relatively newer player, has seen a dramatic rise in SG&A expenses, skyrocketing from a modest 2.9 million in 2014 to over 500 million in 2023, marking an exponential growth of over 17,000%. This stark contrast highlights the differing strategies and growth trajectories of established versus emerging pharmaceutical companies. Notably, data for 2024 is incomplete, suggesting ongoing developments in this dynamic sector. Understanding these trends offers valuable insights into the financial strategies shaping the future of pharmaceuticals.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025