__timestamp | Gilead Sciences, Inc. | Vertex Pharmaceuticals Incorporated |
---|---|---|
Wednesday, January 1, 2014 | 2983000000 | 305409000 |
Thursday, January 1, 2015 | 3426000000 | 377080000 |
Friday, January 1, 2016 | 3398000000 | 432829000 |
Sunday, January 1, 2017 | 3878000000 | 496079000 |
Monday, January 1, 2018 | 4056000000 | 557616000 |
Tuesday, January 1, 2019 | 4381000000 | 658498000 |
Wednesday, January 1, 2020 | 5151000000 | 770456000 |
Friday, January 1, 2021 | 5246000000 | 840100000 |
Saturday, January 1, 2022 | 5673000000 | 944700000 |
Sunday, January 1, 2023 | 6090000000 | 1136600000 |
Monday, January 1, 2024 | 6091000000 | 1464300000 |
Igniting the spark of knowledge
In the competitive world of biotechnology, operational efficiency is key. Gilead Sciences, Inc. and Vertex Pharmaceuticals Incorporated, two industry leaders, have shown contrasting trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Gilead's SG&A expenses surged by over 100%, reaching approximately $6.1 billion in 2023. This reflects a strategic expansion and increased investment in operational capabilities. In contrast, Vertex Pharmaceuticals, while also increasing its SG&A expenses, maintained a more conservative growth of around 270%, peaking at $1.14 billion in 2023. This disparity highlights different strategic approaches: Gilead's aggressive scaling versus Vertex's steady growth. As these companies continue to evolve, their SG&A trends offer valuable insights into their operational priorities and market strategies.
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