Operational Costs Compared: SG&A Analysis of Merck & Co., Inc. and Madrigal Pharmaceuticals, Inc.

SG&A Expenses: Merck vs. Madrigal, 2014-2023

__timestampMadrigal Pharmaceuticals, Inc.Merck & Co., Inc.
Wednesday, January 1, 20141574600011606000000
Thursday, January 1, 20151339200010313000000
Friday, January 1, 201692900009762000000
Sunday, January 1, 201776720009830000000
Monday, January 1, 20181529300010102000000
Tuesday, January 1, 20192264800010615000000
Wednesday, January 1, 2020218640008955000000
Friday, January 1, 2021373180009634000000
Saturday, January 1, 20224813000010042000000
Sunday, January 1, 202310814600010504000000
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Cracking the code

A Tale of Two Giants: SG&A Expenses in Pharmaceuticals

In the ever-evolving pharmaceutical industry, operational costs play a pivotal role in shaping a company's financial health. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry titans: Merck & Co., Inc. and Madrigal Pharmaceuticals, Inc., from 2014 to 2023.

Merck, a global leader, consistently reported SG&A expenses exceeding $10 billion annually, reflecting its expansive operations and market reach. In contrast, Madrigal, a smaller player, saw its SG&A expenses grow by over 500% during the same period, peaking at approximately $108 million in 2023. This stark difference highlights the diverse strategies and scales of these companies.

Understanding these trends offers valuable insights into how pharmaceutical companies allocate resources to maintain competitiveness and drive innovation in a rapidly changing landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025