Novo Nordisk A/S and Insmed Incorporated: SG&A Spending Patterns Compared

SG&A Spending: Novo Nordisk vs. Insmed

__timestampInsmed IncorporatedNovo Nordisk A/S
Wednesday, January 1, 20143107300026760000000
Thursday, January 1, 20154321600032169000000
Friday, January 1, 20165067900032339000000
Sunday, January 1, 20177917100032124000000
Monday, January 1, 201816821800033313000000
Tuesday, January 1, 201921079600035830000000
Wednesday, January 1, 202020361300036886000000
Friday, January 1, 202123427300041058000000
Saturday, January 1, 202226578400050684000000
Sunday, January 1, 202334450100061598000000
Monday, January 1, 202467377000000
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Data in motion

A Tale of Two Companies: SG&A Spending Trends

In the world of pharmaceuticals, strategic spending on Selling, General, and Administrative (SG&A) expenses can be a key indicator of a company's growth trajectory. Over the past decade, Novo Nordisk A/S and Insmed Incorporated have showcased contrasting patterns in their SG&A expenditures. From 2014 to 2023, Novo Nordisk's SG&A expenses have surged by approximately 130%, reflecting its aggressive market expansion and robust R&D investments. In contrast, Insmed's SG&A spending has increased by over 1,000%, highlighting its rapid scaling efforts and market penetration strategies. By 2023, Novo Nordisk's SG&A expenses were nearly 180 times greater than Insmed's, underscoring its dominant market position. This comparison not only illustrates the diverse strategies of these pharmaceutical giants but also offers insights into their future market dynamics.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025