Operational Costs Compared: SG&A Analysis of Madrigal Pharmaceuticals, Inc. and TG Therapeutics, Inc.

Biopharma SG&A Trends: Madrigal vs. TG Therapeutics

__timestampMadrigal Pharmaceuticals, Inc.TG Therapeutics, Inc.
Wednesday, January 1, 20141574600024518692
Thursday, January 1, 20151339200019886580
Friday, January 1, 2016929000012631689
Sunday, January 1, 2017767200021977998
Monday, January 1, 20181529300020759000
Tuesday, January 1, 20192264800020838000
Wednesday, January 1, 202021864000121812000
Friday, January 1, 202137318000152137000
Saturday, January 1, 20224813000083231000
Sunday, January 1, 2023108146000122706000
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Data in motion

A Decade of SG&A Trends in Biopharma

Madrigal Pharmaceuticals vs. TG Therapeutics

In the ever-evolving landscape of biopharmaceuticals, operational efficiency is paramount. Over the past decade, Madrigal Pharmaceuticals, Inc. and TG Therapeutics, Inc. have demonstrated contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Madrigal's SG&A expenses surged by over 580%, peaking in 2023. This reflects their aggressive expansion and investment in operational capabilities. In contrast, TG Therapeutics experienced a more volatile trajectory, with a notable spike in 2020, where expenses increased by over 500% compared to 2019, likely due to strategic shifts or product launches. By 2023, TG Therapeutics' SG&A expenses were approximately 13% higher than Madrigal's, indicating a potential focus on scaling operations. These trends underscore the dynamic nature of the biopharma sector, where strategic financial management can significantly impact a company's market position.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025