Cost Management Insights: SG&A Expenses for Novartis AG and Soleno Therapeutics, Inc.

SG&A Expenses: Novartis vs. Soleno - A Decade of Change

__timestampNovartis AGSoleno Therapeutics, Inc.
Wednesday, January 1, 2014149930000002917513
Thursday, January 1, 2015142470000007878291
Friday, January 1, 2016141920000008366794
Sunday, January 1, 2017149970000006610381
Monday, January 1, 2018164710000006556000
Tuesday, January 1, 2019143690000006930000
Wednesday, January 1, 2020141970000008758000
Friday, January 1, 20211488600000010806000
Saturday, January 1, 2022142530000009844000
Sunday, January 1, 20231248900000013481000
Monday, January 1, 202412566000000
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Unveiling the hidden dimensions of data

Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving pharmaceutical landscape, effective cost management is crucial. This analysis of Selling, General, and Administrative (SG&A) expenses from 2014 to 2023 offers a fascinating glimpse into the financial strategies of Novartis AG and Soleno Therapeutics, Inc. Over this period, Novartis AG consistently maintained high SG&A expenses, peaking in 2018 with a 13% increase from 2014. However, a notable decline of 24% was observed by 2023, reflecting strategic cost-cutting measures.

Conversely, Soleno Therapeutics, Inc. exhibited a more volatile pattern, with expenses surging by 362% from 2014 to 2023. This dramatic rise underscores the company's aggressive expansion and investment in growth initiatives. The contrasting trends between these two companies highlight the diverse approaches to managing operational costs in the pharmaceutical sector, offering valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025