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

Pharma Giants' SG&A Strategies: A Decade in Review

__timestampDr. Reddy's Laboratories LimitedLigand Pharmaceuticals Incorporated
Wednesday, January 1, 20143878300000022570000
Thursday, January 1, 20154258500000024378000
Friday, January 1, 20164570200000026621000
Sunday, January 1, 20174637200000028653000
Monday, January 1, 20184691000000037734000
Tuesday, January 1, 20194889000000041884000
Wednesday, January 1, 20205012900000064435000
Friday, January 1, 20215455900000057483000
Saturday, January 1, 20226208100000070062000
Sunday, January 1, 202310593100000052790000
Monday, January 1, 202477201000000
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SG&A Spending Patterns: A Tale of Two Companies

In the world of pharmaceuticals, strategic spending on Selling, General, and Administrative (SG&A) expenses can be a key differentiator. Dr. Reddy's Laboratories Limited and Ligand Pharmaceuticals Incorporated offer a fascinating study in contrasts. Over the past decade, Dr. Reddy's has seen a steady increase in SG&A expenses, peaking in 2023 with a staggering 105% increase from 2014. This growth reflects their aggressive market expansion and investment in global operations.

Conversely, Ligand Pharmaceuticals has maintained a more conservative approach, with SG&A expenses growing by approximately 210% over the same period. This restrained spending aligns with their niche focus on drug discovery and licensing. Notably, data for 2024 is incomplete, highlighting the dynamic nature of financial reporting. As these companies navigate the ever-evolving pharmaceutical landscape, their SG&A strategies will continue to shape their competitive positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025