Madrigal Pharmaceuticals, Inc. and Taro Pharmaceutical Industries Ltd.: SG&A Spending Patterns Compared

Pharma SG&A: Madrigal vs. Taro's Strategic Spending

__timestampMadrigal Pharmaceuticals, Inc.Taro Pharmaceutical Industries Ltd.
Wednesday, January 1, 20141574600091733000
Thursday, January 1, 20151339200087644000
Friday, January 1, 2016929000092365000
Sunday, January 1, 2017767200085656000
Monday, January 1, 20181529300088196000
Tuesday, January 1, 20192264800089971000
Wednesday, January 1, 20202186400093413000
Friday, January 1, 20213731800091355000
Saturday, January 1, 202248130000113676000
Sunday, January 1, 2023108146000198366000
Monday, January 1, 2024218935000
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Unleashing insights

SG&A Spending Patterns: A Tale of Two Pharmaceuticals

In the ever-evolving pharmaceutical industry, understanding spending patterns is crucial for strategic planning. Madrigal Pharmaceuticals, Inc. and Taro Pharmaceutical Industries Ltd. offer a fascinating study in contrasts. From 2014 to 2023, Madrigal's Selling, General, and Administrative (SG&A) expenses surged by over 580%, peaking in 2023. This dramatic increase reflects their aggressive expansion and investment in innovation. In contrast, Taro's SG&A expenses grew by a modest 116% over the same period, indicating a more conservative approach. Notably, Taro's expenses consistently outpaced Madrigal's until 2022, when Madrigal's spending caught up. The data for 2024 is incomplete, but Taro's trend suggests continued growth. These patterns highlight the diverse strategies within the pharmaceutical sector, where companies balance innovation with fiscal prudence. As the industry faces new challenges, these insights provide a window into the strategic priorities shaping the future.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025