Novartis AG and Alpine Immune Sciences, Inc.: SG&A Spending Patterns Compared

SG&A Spending: Novartis vs. Alpine Immune Sciences

__timestampAlpine Immune Sciences, Inc.Novartis AG
Wednesday, January 1, 2014228770914993000000
Thursday, January 1, 2015684400014247000000
Friday, January 1, 2016858600014192000000
Sunday, January 1, 2017607900014997000000
Monday, January 1, 2018836200016471000000
Tuesday, January 1, 2019946700014369000000
Wednesday, January 1, 20201089900014197000000
Friday, January 1, 20211456000014886000000
Saturday, January 1, 20221796800014253000000
Sunday, January 1, 20232222200012489000000
Monday, January 1, 202412566000000
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Igniting the spark of knowledge

SG&A Spending Patterns: A Tale of Two Companies

In the world of pharmaceuticals and biotechnology, strategic spending on Selling, General, and Administrative (SG&A) expenses can be a key differentiator. Over the past decade, Novartis AG, a global healthcare giant, and Alpine Immune Sciences, Inc., a burgeoning biotech firm, have showcased contrasting SG&A spending patterns.

From 2014 to 2023, Novartis AG consistently allocated a significant portion of its budget to SG&A, peaking in 2018 with expenditures reaching approximately $16.5 billion. This reflects a strategic focus on maintaining its market dominance. In contrast, Alpine Immune Sciences, Inc. demonstrated a steady increase in SG&A spending, culminating in a 2023 peak of around $22 million, a nearly tenfold increase from 2014. This growth underscores Alpine's aggressive expansion strategy in a competitive market.

These spending patterns highlight the diverse strategies employed by established and emerging players in the industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025