| __timestamp | Madrigal Pharmaceuticals, Inc. | Viking Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 15746000 | 1244910 |
| Thursday, January 1, 2015 | 13392000 | 5029636 |
| Friday, January 1, 2016 | 9290000 | 4846776 |
| Sunday, January 1, 2017 | 7672000 | 5329003 |
| Monday, January 1, 2018 | 15293000 | 7121000 |
| Tuesday, January 1, 2019 | 22648000 | 9128000 |
| Wednesday, January 1, 2020 | 21864000 | 10731000 |
| Friday, January 1, 2021 | 37318000 | 10701000 |
| Saturday, January 1, 2022 | 48130000 | 16121000 |
| Sunday, January 1, 2023 | 108146000 | 37021000 |
Unleashing the power of data
In the competitive world of biotechnology, effective cost management is crucial. This analysis of SG&A (Selling, General, and Administrative) expenses from 2014 to 2023 for Madrigal Pharmaceuticals, Inc. and Viking Therapeutics, Inc. reveals intriguing trends. Madrigal Pharmaceuticals saw a staggering 587% increase in SG&A expenses, peaking at over $108 million in 2023. This surge reflects their aggressive expansion and investment in operational infrastructure. Meanwhile, Viking Therapeutics experienced a more modest 287% rise, reaching approximately $37 million in the same year. This suggests a more conservative growth strategy, focusing on sustainable scaling. The data highlights the contrasting approaches of these two companies in managing operational costs, offering valuable insights for investors and industry analysts. As the biotech sector continues to evolve, understanding these financial dynamics is key to predicting future market movements.
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