Novo Nordisk A/S vs Viridian Therapeutics, Inc.: SG&A Expense Trends

Comparing SG&A growth: Novo Nordisk vs Viridian Therapeutics

__timestampNovo Nordisk A/SViridian Therapeutics, Inc.
Wednesday, January 1, 2014267600000007751000
Thursday, January 1, 20153216900000010251000
Friday, January 1, 2016323390000009575000
Sunday, January 1, 20173212400000010912000
Monday, January 1, 20183331300000011049000
Tuesday, January 1, 20193583000000011646000
Wednesday, January 1, 20203688600000013265000
Friday, January 1, 20214105800000025805000
Saturday, January 1, 20225068400000035182000
Sunday, January 1, 20236159800000094999000
Monday, January 1, 202467377000000
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In pursuit of knowledge

SG&A Expense Trends: Novo Nordisk A/S vs Viridian Therapeutics, Inc.

In the ever-evolving pharmaceutical landscape, understanding the financial strategies of industry giants and emerging players is crucial. Novo Nordisk A/S, a leader in diabetes care, has seen its Selling, General, and Administrative (SG&A) expenses grow by approximately 130% from 2014 to 2023. This reflects its aggressive market expansion and investment in innovation. In contrast, Viridian Therapeutics, Inc., a smaller biotech firm, has experienced a staggering 1,125% increase in SG&A expenses over the same period, highlighting its rapid growth and scaling efforts.

While Novo Nordisk's expenses are significantly higher, the proportional increase in Viridian's spending underscores its commitment to establishing a foothold in the competitive biotech sector. This comparison offers a fascinating glimpse into how different companies allocate resources to maintain and enhance their market positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025