Incyte Corporation or Madrigal Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

Incyte vs. Madrigal: SG&A Cost Management Showdown

__timestampIncyte CorporationMadrigal Pharmaceuticals, Inc.
Wednesday, January 1, 201416577200015746000
Thursday, January 1, 201519661400013392000
Friday, January 1, 20163032510009290000
Sunday, January 1, 20173664060007672000
Monday, January 1, 201843440700015293000
Tuesday, January 1, 201946871100022648000
Wednesday, January 1, 202051692200021864000
Friday, January 1, 202173956000037318000
Saturday, January 1, 2022100214000048130000
Sunday, January 1, 20231161300000108146000
Monday, January 1, 20241242157000
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Who Manages SG&A Costs Better: Incyte Corporation or Madrigal Pharmaceuticals?

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. From 2014 to 2023, Incyte Corporation and Madrigal Pharmaceuticals, Inc. have shown contrasting approaches to handling these costs. Incyte's SG&A expenses have surged by over 600%, peaking in 2023, reflecting their aggressive expansion and investment strategies. Meanwhile, Madrigal Pharmaceuticals has maintained a more conservative growth, with their SG&A expenses increasing by approximately 590% over the same period. This difference highlights Incyte's focus on scaling operations, while Madrigal appears to prioritize cost efficiency. As the pharmaceutical landscape evolves, these strategies will play a pivotal role in determining each company's market position and financial health.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025