Operational Costs Compared: SG&A Analysis of Bristol-Myers Squibb Company and Geron Corporation

SG&A Expenses: A Decade of Strategic Contrasts

__timestampBristol-Myers Squibb CompanyGeron Corporation
Wednesday, January 1, 2014569900000016758000
Thursday, January 1, 2015500100000017793000
Friday, January 1, 2016500200000018761000
Sunday, January 1, 2017484900000019287000
Monday, January 1, 2018455100000018707000
Tuesday, January 1, 2019487100000020893000
Wednesday, January 1, 2020766100000025678000
Friday, January 1, 2021769000000029665000
Saturday, January 1, 2022781400000043628000
Sunday, January 1, 2023777200000069135000
Monday, January 1, 20248414000000
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Data in motion

A Decade of SG&A: Bristol-Myers Squibb vs. Geron Corporation

In the ever-evolving pharmaceutical landscape, operational efficiency is key. Over the past decade, Bristol-Myers Squibb Company (BMS) and Geron Corporation have showcased contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses. BMS, a giant in the industry, has consistently maintained SG&A expenses averaging around $6 billion annually, peaking in 2022 with a 38% increase from 2018. This reflects their expansive operations and robust market presence. In contrast, Geron Corporation, a smaller player, has seen its SG&A expenses grow by over 300% from 2014 to 2023, indicating a strategic push towards growth and development. This comparison highlights the diverse approaches within the industry, where scale and strategy dictate financial priorities. As the pharmaceutical sector continues to innovate, understanding these financial dynamics offers valuable insights into corporate strategies and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025