__timestamp | Merck & Co., Inc. | Opthea Limited |
---|---|---|
Wednesday, January 1, 2014 | 11606000000 | 2652041 |
Thursday, January 1, 2015 | 10313000000 | 2361587 |
Friday, January 1, 2016 | 9762000000 | 4472869 |
Sunday, January 1, 2017 | 9830000000 | 5030957 |
Monday, January 1, 2018 | 10102000000 | 4988941 |
Tuesday, January 1, 2019 | 10615000000 | 5196412 |
Wednesday, January 1, 2020 | 8955000000 | 6652774 |
Friday, January 1, 2021 | 9634000000 | 18418247 |
Saturday, January 1, 2022 | 10042000000 | 24827066 |
Sunday, January 1, 2023 | 10504000000 | 41896408 |
Monday, January 1, 2024 | 15488619 |
Data in motion
In the world of pharmaceuticals, cost management is crucial. Merck & Co., Inc., a titan in the industry, has consistently managed its Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Merck's SG&A expenses have shown a steady trend, peaking in 2014 and 2019, with a slight dip in 2020. This reflects a strategic approach to cost management, maintaining expenses around $10 billion annually.
In contrast, Opthea Limited, a smaller player, has seen a dramatic rise in SG&A expenses, increasing by over 1,500% from 2014 to 2023. This surge, particularly notable in 2023, suggests aggressive expansion and investment in growth. However, data for 2024 is missing, leaving room for speculation on future trends.
This comparison highlights the diverse strategies in managing operational costs within the pharmaceutical sector.
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