Intra-Cellular Therapies, Inc. or Amphastar Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Amphastar vs. Intra-Cellular

__timestampAmphastar Pharmaceuticals, Inc.Intra-Cellular Therapies, Inc.
Wednesday, January 1, 20144037300010337679
Thursday, January 1, 20154697400018187286
Friday, January 1, 20164729800024758063
Sunday, January 1, 20175091800023666957
Monday, January 1, 20185804400030099855
Tuesday, January 1, 20196310900064947625
Wednesday, January 1, 202065157000186363444
Friday, January 1, 202168920000272611040
Saturday, January 1, 202266592000358782000
Sunday, January 1, 202380393000409864000
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Igniting the spark of knowledge

SG&A Cost Management: A Tale of Two Companies

In the competitive landscape of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Amphastar Pharmaceuticals, Inc. and Intra-Cellular Therapies, Inc. have taken distinct paths in this regard over the past decade.

From 2014 to 2023, Amphastar maintained a relatively stable SG&A expense growth, averaging around $58 million annually, with a modest increase of approximately 99% over the period. In contrast, Intra-Cellular Therapies saw a dramatic rise in SG&A costs, skyrocketing by nearly 3,900% from 2014 to 2023. This surge reflects their aggressive expansion and investment in marketing and administrative capabilities.

While Amphastar's steady approach suggests a focus on cost control, Intra-Cellular's strategy indicates a bold push for market presence. Investors and industry analysts should consider these trends when evaluating the companies' financial health and strategic direction.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025