__timestamp | Alkermes plc | AstraZeneca PLC |
---|---|---|
Wednesday, January 1, 2014 | 199905000 | 13324000000 |
Thursday, January 1, 2015 | 311558000 | 11451000000 |
Friday, January 1, 2016 | 374130000 | 9739000000 |
Sunday, January 1, 2017 | 421578000 | 10543000000 |
Monday, January 1, 2018 | 526408000 | 10362000000 |
Tuesday, January 1, 2019 | 599449000 | 11848000000 |
Wednesday, January 1, 2020 | 538827000 | 11693000000 |
Friday, January 1, 2021 | 560977000 | 15680000000 |
Saturday, January 1, 2022 | 605747000 | 18955000000 |
Sunday, January 1, 2023 | 689751000 | 18025000000 |
Monday, January 1, 2024 | 645238000 | 20532000000 |
Cracking the code
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.
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