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

SG&A Spending: Novo Nordisk vs. Ligand Pharmaceuticals

__timestampLigand Pharmaceuticals IncorporatedNovo Nordisk A/S
Wednesday, January 1, 20142257000026760000000
Thursday, January 1, 20152437800032169000000
Friday, January 1, 20162662100032339000000
Sunday, January 1, 20172865300032124000000
Monday, January 1, 20183773400033313000000
Tuesday, January 1, 20194188400035830000000
Wednesday, January 1, 20206443500036886000000
Friday, January 1, 20215748300041058000000
Saturday, January 1, 20227006200050684000000
Sunday, January 1, 20235279000061598000000
Monday, January 1, 202467377000000
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Unleashing insights

SG&A Spending Patterns: A Tale of Two Companies

In the world of pharmaceuticals, strategic spending on Selling, General, and Administrative (SG&A) expenses can be a key differentiator. Over the past decade, Novo Nordisk A/S and Ligand Pharmaceuticals Incorporated have showcased contrasting SG&A spending patterns. Novo Nordisk, a global leader in diabetes care, has consistently invested heavily in SG&A, with a notable 130% increase from 2014 to 2023. This reflects their expansive market reach and robust operational strategies. In contrast, Ligand Pharmaceuticals, known for its innovative drug discovery platform, has shown a more modest 134% rise in SG&A expenses over the same period. This indicates a focused approach, likely prioritizing R&D and strategic partnerships. The data highlights how these two companies navigate their financial strategies in a competitive industry, offering insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025