Cost Management Insights: SG&A Expenses for Novartis AG and Jazz Pharmaceuticals plc

SG&A Strategies: Jazz vs. Novartis Over a Decade

__timestampJazz Pharmaceuticals plcNovartis AG
Wednesday, January 1, 201440611400014993000000
Thursday, January 1, 201544911900014247000000
Friday, January 1, 201650289200014192000000
Sunday, January 1, 201754415600014997000000
Monday, January 1, 201868353000016471000000
Tuesday, January 1, 201973694200014369000000
Wednesday, January 1, 202085423300014197000000
Friday, January 1, 2021145168300014886000000
Saturday, January 1, 2022141696700014253000000
Sunday, January 1, 2023134310500012489000000
Monday, January 1, 202412566000000
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Data in motion

Navigating SG&A Expenses: A Tale of Two Pharmaceutical Giants

In the ever-evolving pharmaceutical landscape, effective cost management is crucial. Over the past decade, Jazz Pharmaceuticals plc and Novartis AG have demonstrated contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Jazz Pharmaceuticals saw a significant increase in SG&A expenses, peaking in 2021 with a 258% rise from 2014 levels. This growth reflects their aggressive expansion and investment in marketing and administrative capabilities. In contrast, Novartis AG maintained a relatively stable SG&A expenditure, with a slight decline of 17% from its 2014 peak. This stability underscores Novartis's focus on operational efficiency and cost control. As the pharmaceutical industry continues to face challenges, these insights into SG&A management offer valuable lessons in balancing growth with fiscal responsibility.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025