__timestamp | Madrigal Pharmaceuticals, Inc. | Merck & Co., Inc. |
---|---|---|
Wednesday, January 1, 2014 | 15746000 | 11606000000 |
Thursday, January 1, 2015 | 13392000 | 10313000000 |
Friday, January 1, 2016 | 9290000 | 9762000000 |
Sunday, January 1, 2017 | 7672000 | 9830000000 |
Monday, January 1, 2018 | 15293000 | 10102000000 |
Tuesday, January 1, 2019 | 22648000 | 10615000000 |
Wednesday, January 1, 2020 | 21864000 | 8955000000 |
Friday, January 1, 2021 | 37318000 | 9634000000 |
Saturday, January 1, 2022 | 48130000 | 10042000000 |
Sunday, January 1, 2023 | 108146000 | 10504000000 |
Cracking the code
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.
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