Exelixis, Inc. vs Madrigal Pharmaceuticals, Inc.: SG&A Expense Trends

Biotech Giants' SG&A Expenses: A Decade of Divergence

__timestampExelixis, Inc.Madrigal Pharmaceuticals, Inc.
Wednesday, January 1, 20145082900015746000
Thursday, January 1, 20155730500013392000
Friday, January 1, 20161161450009290000
Sunday, January 1, 20171593620007672000
Monday, January 1, 201820636600015293000
Tuesday, January 1, 201922824400022648000
Wednesday, January 1, 202029335500021864000
Friday, January 1, 202140171500037318000
Saturday, January 1, 202245985600048130000
Sunday, January 1, 2023542705000108146000
Monday, January 1, 2024492128000
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SG&A Expense Trends: Exelixis, Inc. vs Madrigal Pharmaceuticals, Inc.

In the competitive landscape of biotechnology, understanding financial trends is crucial. Over the past decade, Exelixis, Inc. and Madrigal Pharmaceuticals, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. Exelixis has seen a remarkable increase, with expenses growing nearly tenfold from 2014 to 2023, peaking at approximately $543 million. This reflects a strategic expansion and investment in operational capabilities. In contrast, Madrigal Pharmaceuticals, while also increasing its SG&A expenses, has maintained a more conservative growth, with a fourfold rise to about $108 million in the same period. This divergence highlights differing business strategies, with Exelixis aggressively scaling operations, while Madrigal adopts a more measured approach. These trends offer valuable insights into each company's market positioning and future potential.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025