__timestamp | Novo Nordisk A/S | Viridian Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 26760000000 | 7751000 |
Thursday, January 1, 2015 | 32169000000 | 10251000 |
Friday, January 1, 2016 | 32339000000 | 9575000 |
Sunday, January 1, 2017 | 32124000000 | 10912000 |
Monday, January 1, 2018 | 33313000000 | 11049000 |
Tuesday, January 1, 2019 | 35830000000 | 11646000 |
Wednesday, January 1, 2020 | 36886000000 | 13265000 |
Friday, January 1, 2021 | 41058000000 | 25805000 |
Saturday, January 1, 2022 | 50684000000 | 35182000 |
Sunday, January 1, 2023 | 61598000000 | 94999000 |
Monday, January 1, 2024 | 67377000000 |
In pursuit of knowledge
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.
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