CRISPR Therapeutics AG or Taro Pharmaceutical Industries Ltd.: Who Manages SG&A Costs Better?

CRISPR vs. Taro: A Decade of SG&A Cost Management

__timestampCRISPR Therapeutics AGTaro Pharmaceutical Industries Ltd.
Wednesday, January 1, 2014511400091733000
Thursday, January 1, 20151340300087644000
Friday, January 1, 20163105600092365000
Sunday, January 1, 20173584500085656000
Monday, January 1, 20184829400088196000
Tuesday, January 1, 20196348800089971000
Wednesday, January 1, 20208820800093413000
Friday, January 1, 202110280200091355000
Saturday, January 1, 2022102464000113676000
Sunday, January 1, 202376162000198366000
Monday, January 1, 202472977000218935000
Loading chart...

Unveiling the hidden dimensions of data

Managing SG&A Costs: A Tale of Two Companies

In the competitive world of biotechnology and pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. CRISPR Therapeutics AG and Taro Pharmaceutical Industries Ltd. offer a fascinating comparison in this regard. From 2014 to 2023, Taro consistently outspent CRISPR in SG&A costs, with Taro's expenses peaking at nearly 219% higher than CRISPR's in 2023. However, CRISPR's expenses grew significantly over the years, increasing by over 1,400% from 2014 to 2021, before a slight decline in 2023. Meanwhile, Taro's expenses remained relatively stable, with a notable spike in 2023. This data suggests that while Taro maintains a steady approach, CRISPR is rapidly expanding its operational scale. The absence of data for CRISPR in 2024 leaves room for speculation on its future cost management strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025