Eli Lilly and Company or Blueprint Medicines Corporation: Who Manages SG&A Costs Better?

SG&A Cost Management: Eli Lilly vs. Blueprint Medicines

__timestampBlueprint Medicines CorporationEli Lilly and Company
Wednesday, January 1, 201478900006620800000
Thursday, January 1, 2015144560006533000000
Friday, January 1, 2016192180006452000000
Sunday, January 1, 2017279860006588100000
Monday, January 1, 2018479280005975100000
Tuesday, January 1, 2019963880006213800000
Wednesday, January 1, 20201577430006121200000
Friday, January 1, 20211952930006431600000
Saturday, January 1, 20222373740006440400000
Sunday, January 1, 20232951410006941200000
Monday, January 1, 20243592720008593800000
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Unleashing insights

Managing SG&A Costs: A Tale of Two Companies

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Eli Lilly and Company, a stalwart in the industry, and Blueprint Medicines Corporation, a rising star, offer a fascinating study in contrasts. Over the past decade, Eli Lilly has consistently managed its SG&A costs, maintaining an average of approximately $6.4 billion annually. In contrast, Blueprint Medicines, with its rapid growth trajectory, has seen its SG&A expenses increase from a modest $7.9 million in 2014 to nearly $295 million in 2023, reflecting a staggering growth of over 3,600%. This comparison highlights the different challenges faced by established giants and emerging innovators in balancing growth with cost management. As Blueprint Medicines scales, its ability to control SG&A expenses will be pivotal in its quest to compete with industry leaders like Eli Lilly.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025