GSK plc or Corcept Therapeutics Incorporated: Who Manages SG&A Costs Better?

GSK vs. Corcept: A Decade of SG&A Cost Management

__timestampCorcept Therapeutics IncorporatedGSK plc
Wednesday, January 1, 2014349160008246000000
Thursday, January 1, 2015369490009232000000
Friday, January 1, 2016452400009366000000
Sunday, January 1, 2017624160009672000000
Monday, January 1, 2018812890009915000000
Tuesday, January 1, 201910035900011402000000
Wednesday, January 1, 202010532600011456000000
Friday, January 1, 202112235600010975000000
Saturday, January 1, 20221528480008372000000
Sunday, January 1, 20231842590009385000000
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Unveiling the hidden dimensions of data

Managing SG&A Costs: GSK plc vs. Corcept Therapeutics

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, GSK plc and Corcept Therapeutics Incorporated have shown distinct strategies in handling these costs. GSK, a global healthcare giant, consistently reported SG&A expenses in the range of $8.2 billion to $11.5 billion annually. In contrast, Corcept, a smaller player, managed its expenses from $34.9 million to $184.3 million over the same period.

Despite the vast difference in scale, Corcept's SG&A expenses grew by over 400%, reflecting its aggressive expansion strategy. Meanwhile, GSK's expenses remained relatively stable, indicating a focus on efficiency. This comparison highlights the diverse approaches companies take in managing operational costs, with GSK emphasizing stability and Corcept focusing on growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025