Cost Management Insights: SG&A Expenses for Novo Nordisk A/S and Intra-Cellular Therapies, Inc.

SG&A Expenses: A Decade of Strategic Growth

__timestampIntra-Cellular Therapies, Inc.Novo Nordisk A/S
Wednesday, January 1, 20141033767926760000000
Thursday, January 1, 20151818728632169000000
Friday, January 1, 20162475806332339000000
Sunday, January 1, 20172366695732124000000
Monday, January 1, 20183009985533313000000
Tuesday, January 1, 20196494762535830000000
Wednesday, January 1, 202018636344436886000000
Friday, January 1, 202127261104041058000000
Saturday, January 1, 202235878200050684000000
Sunday, January 1, 202340986400061598000000
Monday, January 1, 202467377000000
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Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving pharmaceutical landscape, cost management is pivotal. Novo Nordisk A/S and Intra-Cellular Therapies, Inc. offer a fascinating study in contrasts. Over the past decade, Novo Nordisk's Selling, General, and Administrative (SG&A) expenses have surged by approximately 130%, reaching a staggering $61.6 billion in 2023. This reflects their expansive global operations and robust market presence. Meanwhile, Intra-Cellular Therapies, Inc., a burgeoning player, has seen its SG&A expenses skyrocket by nearly 3,900%, from $10.3 million in 2014 to $409 million in 2023. This dramatic increase underscores their aggressive growth strategy and investment in market penetration. As these companies navigate the complexities of the pharmaceutical industry, their SG&A trends offer valuable insights into their strategic priorities and operational efficiencies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025