Jazz Pharmaceuticals plc or Agios Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Jazz vs. Agios Pharmaceuticals

__timestampAgios Pharmaceuticals, Inc.Jazz Pharmaceuticals plc
Wednesday, January 1, 201419120000406114000
Thursday, January 1, 201535992000449119000
Friday, January 1, 201650714000502892000
Sunday, January 1, 201771124000544156000
Monday, January 1, 2018114145000683530000
Tuesday, January 1, 2019132034000736942000
Wednesday, January 1, 2020149070000854233000
Friday, January 1, 20211214450001451683000
Saturday, January 1, 20221216730001416967000
Sunday, January 1, 20231199030001343105000
Monday, January 1, 2024156784000
Loading chart...

In pursuit of knowledge

Managing SG&A Costs: A Tale of Two Pharmaceuticals

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Jazz Pharmaceuticals plc and Agios Pharmaceuticals, Inc. have shown contrasting approaches over the past decade. From 2014 to 2023, Jazz Pharmaceuticals consistently reported higher SG&A expenses, peaking at approximately $1.45 billion in 2021. This represents a staggering 257% increase from their 2014 figures. In contrast, Agios Pharmaceuticals, while also experiencing growth, maintained a more modest increase of around 526% over the same period, reaching about $120 million in 2023.

Jazz's higher expenses could indicate aggressive expansion or investment in marketing and administration, while Agios's more controlled spending might reflect a strategic focus on cost efficiency. As the pharmaceutical landscape evolves, these companies' ability to manage SG&A costs will be pivotal in determining their competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025