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

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

__timestampNovartis AGViridian Therapeutics, Inc.
Wednesday, January 1, 2014149930000007751000
Thursday, January 1, 20151424700000010251000
Friday, January 1, 2016141920000009575000
Sunday, January 1, 20171499700000010912000
Monday, January 1, 20181647100000011049000
Tuesday, January 1, 20191436900000011646000
Wednesday, January 1, 20201419700000013265000
Friday, January 1, 20211488600000025805000
Saturday, January 1, 20221425300000035182000
Sunday, January 1, 20231248900000094999000
Monday, January 1, 202412566000000
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Unleashing insights

Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving pharmaceutical landscape, effective cost management is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Novartis AG and Viridian Therapeutics, Inc. over the past decade. Novartis, a global healthcare giant, has seen its SG&A expenses fluctuate, peaking in 2018 with a 10% increase from the previous year, before declining by 24% in 2023. In contrast, Viridian Therapeutics, a smaller player, has experienced a dramatic rise in SG&A expenses, surging by over 1,100% from 2014 to 2023. This stark contrast highlights the differing strategies and challenges faced by large and small pharmaceutical companies. As Novartis focuses on streamlining operations, Viridian's growth trajectory suggests aggressive expansion efforts. Understanding these trends provides valuable insights into the strategic priorities and financial health of these industry players.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025