Neurocrine Biosciences, Inc. or Pharming Group N.V.: Who Manages SG&A Costs Better?

Neurocrine vs. Pharming: SG&A Cost Management Showdown

__timestampNeurocrine Biosciences, Inc.Pharming Group N.V.
Wednesday, January 1, 2014179860004042025
Thursday, January 1, 2015324800005279557
Friday, January 1, 2016680810008073913
Sunday, January 1, 201716990600044864073
Monday, January 1, 201824893200053488904
Tuesday, January 1, 201935410000065896361
Wednesday, January 1, 202043330000069968267
Friday, January 1, 202158330000092047281
Saturday, January 1, 2022752700000131819000
Sunday, January 1, 202388760000087501000
Monday, January 1, 20241007200000
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Infusing magic into the data realm

Managing SG&A Costs: A Tale of Two Companies

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Neurocrine Biosciences, Inc. and Pharming Group N.V. have taken different paths in this regard over the past decade. From 2014 to 2023, Neurocrine Biosciences saw a staggering increase in SG&A expenses, growing by nearly 4,800%, from approximately $18 million to $888 million. In contrast, Pharming Group N.V. managed a more modest increase of around 2,100%, from $4 million to $88 million.

This data suggests that while Neurocrine Biosciences has expanded its operations significantly, it has also incurred higher costs. Pharming Group N.V., on the other hand, appears to have maintained a more controlled growth in expenses. Understanding these trends can provide valuable insights for investors and industry analysts looking to gauge the financial health and strategic direction of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025