Dr. Reddy's Laboratories Limited vs ADMA Biologics, Inc.: SG&A Expense Trends

SG&A Expenses: A Decade of Divergence

__timestampADMA Biologics, Inc.Dr. Reddy's Laboratories Limited
Wednesday, January 1, 2014482386938783000000
Thursday, January 1, 2015674596842585000000
Friday, January 1, 2016849474245702000000
Sunday, January 1, 20171809283546372000000
Monday, January 1, 20182250292246910000000
Tuesday, January 1, 20192591075748890000000
Wednesday, January 1, 20203505081750129000000
Friday, January 1, 20214289688954559000000
Saturday, January 1, 20225245802462081000000
Sunday, January 1, 202359020000105931000000
Monday, January 1, 202477201000000
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Unleashing insights

SG&A Expense Trends: A Tale of Two Companies

In the ever-evolving pharmaceutical landscape, understanding the financial strategies of key players is crucial. Dr. Reddy's Laboratories Limited and ADMA Biologics, Inc. offer a fascinating study in contrasts when it comes to Selling, General, and Administrative (SG&A) expenses over the past decade.

A Decade of Growth

From 2014 to 2023, Dr. Reddy's Laboratories saw a steady increase in SG&A expenses, peaking in 2023 with a staggering 173% rise from 2014. This reflects their aggressive expansion and market penetration strategies. In contrast, ADMA Biologics, Inc. experienced a more modest growth, with expenses increasing by approximately 1,124% over the same period, indicating a significant scaling of operations.

Missing Data and Future Projections

While 2024 data for ADMA Biologics is unavailable, Dr. Reddy's shows a slight decline, suggesting a potential shift in strategy. These trends highlight the dynamic nature of the pharmaceutical industry and the diverse approaches companies take to maintain competitiveness.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025