Operational Costs Compared: SG&A Analysis of AstraZeneca PLC and Alkermes plc

SG&A Expenses: AstraZeneca vs. Alkermes Over a Decade

__timestampAlkermes plcAstraZeneca PLC
Wednesday, January 1, 201419990500013324000000
Thursday, January 1, 201531155800011451000000
Friday, January 1, 20163741300009739000000
Sunday, January 1, 201742157800010543000000
Monday, January 1, 201852640800010362000000
Tuesday, January 1, 201959944900011848000000
Wednesday, January 1, 202053882700011693000000
Friday, January 1, 202156097700015680000000
Saturday, January 1, 202260574700018955000000
Sunday, January 1, 202368975100018025000000
Monday, January 1, 202464523800020532000000
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Cracking the code

A Tale of Two Pharmaceutical Giants: SG&A Expenses Over Time

In the competitive world of pharmaceuticals, operational efficiency is key. This analysis compares the Selling, General, and Administrative (SG&A) expenses of AstraZeneca PLC and Alkermes plc from 2014 to 2023. AstraZeneca, a global leader, consistently outpaces Alkermes in SG&A spending, reflecting its expansive operations. In 2022, AstraZeneca's SG&A expenses were nearly 30 times higher than Alkermes, highlighting its vast market reach and operational scale. However, Alkermes shows a steady growth trend, with a 245% increase in SG&A expenses over the decade, indicating its strategic expansion efforts. This data provides a fascinating insight into how these companies allocate resources to maintain their competitive edge. As the pharmaceutical landscape evolves, monitoring these expenses can offer clues about future strategies and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025