Madrigal Pharmaceuticals, Inc. and Amphastar Pharmaceuticals, Inc.: SG&A Spending Patterns Compared

Divergent SG&A trends in two pharmaceutical giants.

__timestampAmphastar Pharmaceuticals, Inc.Madrigal Pharmaceuticals, Inc.
Wednesday, January 1, 20144037300015746000
Thursday, January 1, 20154697400013392000
Friday, January 1, 2016472980009290000
Sunday, January 1, 2017509180007672000
Monday, January 1, 20185804400015293000
Tuesday, January 1, 20196310900022648000
Wednesday, January 1, 20206515700021864000
Friday, January 1, 20216892000037318000
Saturday, January 1, 20226659200048130000
Sunday, January 1, 202380393000108146000
Loading chart...

Igniting the spark of knowledge

SG&A Spending Trends: A Tale of Two Pharmaceuticals

In the competitive landscape of pharmaceuticals, understanding spending patterns is crucial. Over the past decade, Amphastar Pharmaceuticals, Inc. and Madrigal Pharmaceuticals, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Amphastar's SG&A expenses grew steadily, peaking at approximately 80 million in 2023, marking a 99% increase from 2014. In contrast, Madrigal's SG&A expenses skyrocketed by over 587% during the same period, reaching around 108 million in 2023. This dramatic rise reflects Madrigal's aggressive expansion and investment strategies. While Amphastar maintained a consistent growth rate, Madrigal's spending surged, particularly post-2020, indicating a strategic pivot. These trends highlight the diverse approaches companies take in managing operational costs, with Madrigal's rapid increase suggesting a focus on scaling operations and market presence.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025