Cost Management Insights: SG&A Expenses for GSK plc and Soleno Therapeutics, Inc.

SG&A Expenses: GSK vs. Soleno - A Decade of Financial Strategy

__timestampGSK plcSoleno Therapeutics, Inc.
Wednesday, January 1, 201482460000002917513
Thursday, January 1, 201592320000007878291
Friday, January 1, 201693660000008366794
Sunday, January 1, 201796720000006610381
Monday, January 1, 201899150000006556000
Tuesday, January 1, 2019114020000006930000
Wednesday, January 1, 2020114560000008758000
Friday, January 1, 20211097500000010806000
Saturday, January 1, 202283720000009844000
Sunday, January 1, 2023938500000013481000
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Unleashing insights

Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of pharmaceuticals, effective cost management is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of GSK plc and Soleno Therapeutics, Inc. from 2014 to 2023. GSK, a global healthcare giant, consistently reported SG&A expenses averaging around $9.8 billion annually, with a peak in 2020. In contrast, Soleno Therapeutics, a smaller player, averaged $8.2 million, reflecting its leaner operations. Notably, Soleno's expenses surged by 362% from 2014 to 2023, indicating strategic investments in growth. Meanwhile, GSK's expenses fluctuated, highlighting its adaptive strategies in a competitive market. This comparison underscores the diverse financial strategies within the pharmaceutical sector, where scale and agility play pivotal roles in shaping financial outcomes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025