| __timestamp | Insmed Incorporated | Madrigal Pharmaceuticals, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 31073000 | 15746000 |
| Thursday, January 1, 2015 | 43216000 | 13392000 |
| Friday, January 1, 2016 | 50679000 | 9290000 |
| Sunday, January 1, 2017 | 79171000 | 7672000 |
| Monday, January 1, 2018 | 168218000 | 15293000 |
| Tuesday, January 1, 2019 | 210796000 | 22648000 |
| Wednesday, January 1, 2020 | 203613000 | 21864000 |
| Friday, January 1, 2021 | 234273000 | 37318000 |
| Saturday, January 1, 2022 | 265784000 | 48130000 |
| Sunday, January 1, 2023 | 344501000 | 108146000 |
Infusing magic into the data realm
In the competitive world of biotechnology, Insmed Incorporated and Madrigal Pharmaceuticals, Inc. have shown distinct patterns in their Selling, General, and Administrative (SG&A) expenses over the past decade. Since 2014, Insmed's SG&A expenses have surged by over 1,000%, reflecting its aggressive growth strategy. By 2023, Insmed's spending reached a peak, marking a significant investment in its operational capabilities. In contrast, Madrigal Pharmaceuticals, Inc. has maintained a more conservative approach, with a 587% increase in SG&A expenses over the same period. This divergence highlights the different strategic priorities of these companies, with Insmed focusing on rapid expansion and Madrigal on steady growth. As the biotech industry continues to evolve, these spending patterns offer valuable insights into the strategic directions of these two key players.
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