Cost Management Insights: SG&A Expenses for Teva Pharmaceutical Industries Limited and CRISPR Therapeutics AG

SG&A Expenses: Teva vs. CRISPR - A Decade of Change

__timestampCRISPR Therapeutics AGTeva Pharmaceutical Industries Limited
Wednesday, January 1, 201451140005078000000
Thursday, January 1, 2015134030004717000000
Friday, January 1, 2016310560005096000000
Sunday, January 1, 2017358450004986000000
Monday, January 1, 2018482940004214000000
Tuesday, January 1, 2019634880003806000000
Wednesday, January 1, 2020882080003671000000
Friday, January 1, 20211028020003528000000
Saturday, January 1, 20221024640003445000000
Sunday, January 1, 2023761620003498000000
Monday, January 1, 2024729770003702000000
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Unveiling the hidden dimensions of data

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

In the competitive landscape of biopharmaceuticals, effective cost management is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Teva Pharmaceutical Industries Limited and CRISPR Therapeutics AG from 2014 to 2023. Over this period, Teva's SG&A expenses have shown a downward trend, decreasing by approximately 31% from 2014 to 2023. In contrast, CRISPR Therapeutics AG has experienced a significant increase, with expenses rising nearly 1,400% over the same period. This divergence highlights the strategic differences in cost management between an established pharmaceutical leader and an innovative biotech firm. As Teva focuses on streamlining operations, CRISPR's growth reflects its investment in expanding its market presence. Understanding these trends provides valuable insights into the financial strategies shaping the future of the biopharmaceutical industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025