__timestamp | Alkermes plc | Novartis AG |
---|---|---|
Wednesday, January 1, 2014 | 199905000 | 14993000000 |
Thursday, January 1, 2015 | 311558000 | 14247000000 |
Friday, January 1, 2016 | 374130000 | 14192000000 |
Sunday, January 1, 2017 | 421578000 | 14997000000 |
Monday, January 1, 2018 | 526408000 | 16471000000 |
Tuesday, January 1, 2019 | 599449000 | 14369000000 |
Wednesday, January 1, 2020 | 538827000 | 14197000000 |
Friday, January 1, 2021 | 560977000 | 14886000000 |
Saturday, January 1, 2022 | 605747000 | 14253000000 |
Sunday, January 1, 2023 | 689751000 | 12489000000 |
Monday, January 1, 2024 | 645238000 | 12566000000 |
In the ever-evolving pharmaceutical industry, understanding the financial strategies of leading companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Novartis AG and Alkermes plc from 2014 to 2023. Over this period, Novartis AG consistently outspent Alkermes plc, with its SG&A expenses peaking in 2018 at approximately $16.5 billion. In contrast, Alkermes plc showed a steady increase, reaching around $690 million in 2023, marking a 245% rise from 2014. This trend highlights Novartis AG's expansive operational scale, while Alkermes plc's growth reflects its strategic investments in market expansion. The data underscores the contrasting financial strategies of these pharmaceutical giants, offering insights into their market positioning and operational priorities.
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