| __timestamp | Madrigal Pharmaceuticals, Inc. | Viridian Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 15746000 | 7751000 |
| Thursday, January 1, 2015 | 13392000 | 10251000 |
| Friday, January 1, 2016 | 9290000 | 9575000 |
| Sunday, January 1, 2017 | 7672000 | 10912000 |
| Monday, January 1, 2018 | 15293000 | 11049000 |
| Tuesday, January 1, 2019 | 22648000 | 11646000 |
| Wednesday, January 1, 2020 | 21864000 | 13265000 |
| Friday, January 1, 2021 | 37318000 | 25805000 |
| Saturday, January 1, 2022 | 48130000 | 35182000 |
| Sunday, January 1, 2023 | 108146000 | 94999000 |
Unveiling the hidden dimensions of data
In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for sustaining growth and innovation. Madrigal Pharmaceuticals, Inc. and Viridian Therapeutics, Inc. have been navigating this financial landscape since 2014. Over the past decade, Madrigal has seen a significant increase in SG&A expenses, peaking at over 360% growth by 2023. In contrast, Viridian's expenses have grown by approximately 230% during the same period.
While both companies have experienced rising costs, Madrigal's expenses surged dramatically in 2023, reaching a high of $108 million, compared to Viridian's $95 million. This trend suggests that Madrigal may be investing more aggressively in its operations. However, the challenge remains: can they sustain this growth without compromising profitability? As the biotech industry evolves, these companies' ability to manage SG&A costs effectively will be pivotal in determining their long-term success.
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