Cost Management Insights: SG&A Expenses for Teva Pharmaceutical Industries Limited and Neurocrine Biosciences, Inc.

SG&A Expenses: Growth vs. Optimization in Pharma Giants

__timestampNeurocrine Biosciences, Inc.Teva Pharmaceutical Industries Limited
Wednesday, January 1, 2014179860005078000000
Thursday, January 1, 2015324800004717000000
Friday, January 1, 2016680810005096000000
Sunday, January 1, 20171699060004986000000
Monday, January 1, 20182489320004214000000
Tuesday, January 1, 20193541000003806000000
Wednesday, January 1, 20204333000003671000000
Friday, January 1, 20215833000003528000000
Saturday, January 1, 20227527000003445000000
Sunday, January 1, 20238876000003498000000
Monday, January 1, 202410072000003702000000
Loading chart...

In pursuit of knowledge

Navigating SG&A Expenses: A Tale of Two Companies

In the competitive landscape of pharmaceuticals, effective cost management is crucial. Over the past decade, Teva Pharmaceutical Industries Limited and Neurocrine Biosciences, Inc. have demonstrated contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses.

From 2014 to 2023, Neurocrine Biosciences, Inc. saw a staggering 4,800% increase in SG&A expenses, reflecting its aggressive growth and expansion strategy. In contrast, Teva Pharmaceutical Industries Limited experienced a 31% reduction, indicating a strategic shift towards cost optimization.

This divergence highlights the different paths companies can take in response to market pressures and opportunities. While Neurocrine's rising expenses suggest a focus on scaling operations, Teva's cost-cutting measures may be aimed at maintaining profitability amidst industry challenges.

Understanding these trends provides valuable insights into the financial health and strategic priorities of these pharmaceutical giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025