Dr. Reddy's Laboratories Limited and Corcept Therapeutics Incorporated: SG&A Spending Patterns Compared

Comparing SG&A strategies of two pharma giants.

__timestampCorcept Therapeutics IncorporatedDr. Reddy's Laboratories Limited
Wednesday, January 1, 20143491600038783000000
Thursday, January 1, 20153694900042585000000
Friday, January 1, 20164524000045702000000
Sunday, January 1, 20176241600046372000000
Monday, January 1, 20188128900046910000000
Tuesday, January 1, 201910035900048890000000
Wednesday, January 1, 202010532600050129000000
Friday, January 1, 202112235600054559000000
Saturday, January 1, 202215284800062081000000
Sunday, January 1, 2023184259000105931000000
Monday, January 1, 202477201000000
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Cracking the code

SG&A Spending Patterns: A Tale of Two Companies

In the ever-evolving pharmaceutical landscape, understanding the financial strategies of industry leaders is crucial. Dr. Reddy's Laboratories Limited and Corcept Therapeutics Incorporated offer a fascinating study in contrasts. From 2014 to 2023, Dr. Reddy's Laboratories consistently allocated a significant portion of its budget to Selling, General, and Administrative (SG&A) expenses, peaking at over 100% increase by 2023. In contrast, Corcept Therapeutics, while showing a steady rise, only reached about 5% of Dr. Reddy's SG&A spending by 2023. This disparity highlights differing strategic priorities: Dr. Reddy's focuses on expansive market penetration, while Corcept emphasizes lean operations. Notably, 2024 data for Corcept is missing, suggesting potential shifts or reporting delays. As the pharmaceutical sector continues to grow, these spending patterns provide insights into each company's operational focus and market strategy.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025