Operational Costs Compared: SG&A Analysis of Merck & Co., Inc. and Celldex Therapeutics, Inc.

SG&A Expenses: Merck vs. Celldex, A Decade of Insights

__timestampCelldex Therapeutics, Inc.Merck & Co., Inc.
Wednesday, January 1, 20142062200011606000000
Thursday, January 1, 20153383700010313000000
Friday, January 1, 2016359790009762000000
Sunday, January 1, 2017250030009830000000
Monday, January 1, 20181926900010102000000
Tuesday, January 1, 20191542600010615000000
Wednesday, January 1, 2020144560008955000000
Friday, January 1, 2021204880009634000000
Saturday, January 1, 20222719500010042000000
Sunday, January 1, 20233091400010504000000
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Unveiling the hidden dimensions of data

A Comparative Analysis of SG&A Expenses: Merck & Co., Inc. vs. Celldex Therapeutics, Inc.

In the ever-evolving pharmaceutical industry, operational efficiency is key to maintaining a competitive edge. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent players: Merck & Co., Inc. and Celldex Therapeutics, Inc., from 2014 to 2023.

Merck, a global leader, consistently reported SG&A expenses averaging around $10 billion annually, reflecting its expansive operations and market reach. In contrast, Celldex, a smaller biotech firm, averaged approximately $24 million, highlighting its focused niche strategy. Notably, Merck's expenses peaked in 2014, while Celldex saw a significant rise in 2015, with a 64% increase from the previous year.

This decade-long comparison underscores the scale and strategic differences between a pharmaceutical giant and a specialized biotech firm, offering insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025