Cost Management Insights: SG&A Expenses for Zoetis Inc. and Intra-Cellular Therapies, Inc.

SG&A Expenses: A Decade of Divergence in Pharma

__timestampIntra-Cellular Therapies, Inc.Zoetis Inc.
Wednesday, January 1, 2014103376791643000000
Thursday, January 1, 2015181872861532000000
Friday, January 1, 2016247580631364000000
Sunday, January 1, 2017236669571334000000
Monday, January 1, 2018300998551484000000
Tuesday, January 1, 2019649476251638000000
Wednesday, January 1, 20201863634441726000000
Friday, January 1, 20212726110402001000000
Saturday, January 1, 20223587820002009000000
Sunday, January 1, 20234098640002151000000
Monday, January 1, 20242318000000
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Unlocking the unknown

Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of the pharmaceutical industry, effective cost management is crucial. Over the past decade, Zoetis Inc. and Intra-Cellular Therapies, Inc. have demonstrated contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Zoetis Inc. maintained a relatively stable SG&A expense, averaging around $1.7 billion annually, with a notable increase of 30% by 2023. In contrast, Intra-Cellular Therapies, Inc. experienced a dramatic rise, with expenses surging nearly 40 times from 2014 to 2023, reflecting their aggressive growth and expansion strategies. This divergence highlights the different paths companies can take in balancing growth with operational efficiency. As the industry continues to face challenges and opportunities, understanding these financial dynamics is key for investors and stakeholders alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025