__timestamp | Incyte Corporation | Madrigal Pharmaceuticals, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 165772000 | 15746000 |
Thursday, January 1, 2015 | 196614000 | 13392000 |
Friday, January 1, 2016 | 303251000 | 9290000 |
Sunday, January 1, 2017 | 366406000 | 7672000 |
Monday, January 1, 2018 | 434407000 | 15293000 |
Tuesday, January 1, 2019 | 468711000 | 22648000 |
Wednesday, January 1, 2020 | 516922000 | 21864000 |
Friday, January 1, 2021 | 739560000 | 37318000 |
Saturday, January 1, 2022 | 1002140000 | 48130000 |
Sunday, January 1, 2023 | 1161300000 | 108146000 |
Monday, January 1, 2024 | 1242157000 |
Unleashing the power of data
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.
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