Operational Costs Compared: SG&A Analysis of Neurocrine Biosciences, Inc. and Madrigal Pharmaceuticals, Inc.

Biotech Giants' SG&A Expenses: A Decade of Divergence

__timestampMadrigal Pharmaceuticals, Inc.Neurocrine Biosciences, Inc.
Wednesday, January 1, 20141574600017986000
Thursday, January 1, 20151339200032480000
Friday, January 1, 2016929000068081000
Sunday, January 1, 20177672000169906000
Monday, January 1, 201815293000248932000
Tuesday, January 1, 201922648000354100000
Wednesday, January 1, 202021864000433300000
Friday, January 1, 202137318000583300000
Saturday, January 1, 202248130000752700000
Sunday, January 1, 2023108146000887600000
Monday, January 1, 20241007200000
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Unveiling the hidden dimensions of data

A Decade of SG&A: Neurocrine vs. Madrigal

In the competitive landscape of biotechnology, operational efficiency is paramount. Over the past decade, Neurocrine Biosciences, Inc. and Madrigal Pharmaceuticals, Inc. have showcased contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. Neurocrine's SG&A expenses have surged by nearly 4,800% from 2014 to 2023, reflecting its aggressive expansion and market penetration strategies. In contrast, Madrigal's expenses grew by approximately 587%, indicating a more conservative approach.

Key Insights

  • Neurocrine's Growth: By 2023, Neurocrine's SG&A expenses reached a peak, highlighting its commitment to scaling operations.
  • Madrigal's Strategy: Despite a significant increase in 2023, Madrigal's expenses remained relatively modest, suggesting a focus on strategic investments.

This analysis underscores the diverse strategies employed by biotech firms in managing operational costs, offering valuable insights for investors and industry stakeholders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025