| __timestamp | PTC Therapeutics, Inc. | Pharming Group N.V. |
|---|---|---|
| Wednesday, January 1, 2014 | 44820000 | 4042025 |
| Thursday, January 1, 2015 | 82080000 | 5279557 |
| Friday, January 1, 2016 | 97130000 | 8073913 |
| Sunday, January 1, 2017 | 121271000 | 44864073 |
| Monday, January 1, 2018 | 153548000 | 53488904 |
| Tuesday, January 1, 2019 | 202541000 | 65896361 |
| Wednesday, January 1, 2020 | 245164000 | 69968267 |
| Friday, January 1, 2021 | 285773000 | 92047281 |
| Saturday, January 1, 2022 | 325998000 | 131819000 |
| Sunday, January 1, 2023 | 332540000 | 87501000 |
Data in motion
In the competitive landscape of the pharmaceutical industry, operational efficiency is key. Over the past decade, PTC Therapeutics, Inc. has consistently outpaced Pharming Group N.V. in Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, PTC Therapeutics saw a staggering 642% increase in SG&A costs, peaking in 2023. In contrast, Pharming Group N.V. experienced a more modest 206% rise over the same period.
This trend highlights PTC Therapeutics' aggressive expansion and investment in operational infrastructure, while Pharming Group N.V. has maintained a more conservative approach. The year 2022 marked a significant milestone for Pharming, with SG&A expenses reaching their highest at 131.8 million, a 46% increase from the previous year. As these companies navigate the complexities of the pharmaceutical market, their SG&A strategies offer a window into their broader business objectives.
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