Cost Management Insights: SG&A Expenses for Protagonist Therapeutics, Inc. and Taro Pharmaceutical Industries Ltd.

SG&A Expenses: Protagonist vs. Taro - A Decade of Change

__timestampProtagonist Therapeutics, Inc.Taro Pharmaceutical Industries Ltd.
Wednesday, January 1, 2014186000091733000
Thursday, January 1, 2015296300087644000
Friday, January 1, 2016696100092365000
Sunday, January 1, 20171177900085656000
Monday, January 1, 20181369700088196000
Tuesday, January 1, 20191574900089971000
Wednesday, January 1, 20201863800093413000
Friday, January 1, 20212719600091355000
Saturday, January 1, 202231739000113676000
Sunday, January 1, 202333491000198366000
Monday, January 1, 2024218935000
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Infusing magic into the data realm

Navigating SG&A Expenses: A Tale of Two Companies

In the competitive landscape of pharmaceuticals, effective cost management is crucial. Protagonist Therapeutics, Inc. and Taro Pharmaceutical Industries Ltd. offer a compelling study in contrasts. Over the past decade, Protagonist Therapeutics has seen its Selling, General, and Administrative (SG&A) expenses grow by nearly 1,700%, from a modest $1.86 million in 2014 to a substantial $33.49 million in 2023. This reflects the company's aggressive expansion and investment in operational capabilities.

Conversely, Taro Pharmaceutical Industries Ltd. has maintained a more stable trajectory, with SG&A expenses increasing by approximately 116% over the same period, reaching $198.37 million in 2023. This steadier growth suggests a focus on efficiency and cost control. The data for 2024 is incomplete, highlighting the dynamic nature of financial forecasting. As these companies continue to evolve, their SG&A strategies will be pivotal in shaping their competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025