Operational Costs Compared: SG&A Analysis of Taro Pharmaceutical Industries Ltd. and Novavax, Inc.

SG&A Expenses: Novavax vs. Taro - A Decade of Change

__timestampNovavax, Inc.Taro Pharmaceutical Industries Ltd.
Wednesday, January 1, 20141992800091733000
Thursday, January 1, 20153084200087644000
Friday, January 1, 20164652700092365000
Sunday, January 1, 20173445100085656000
Monday, January 1, 20183440900088196000
Tuesday, January 1, 20193441700089971000
Wednesday, January 1, 202014529000093413000
Friday, January 1, 202129835800091355000
Saturday, January 1, 2022488691000113676000
Sunday, January 1, 2023468946000198366000
Monday, January 1, 2024218935000
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Unveiling the hidden dimensions of data

A Tale of Two Companies: SG&A Expenses in Focus

In the ever-evolving pharmaceutical landscape, operational efficiency is paramount. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Taro Pharmaceutical Industries Ltd. and Novavax, Inc. over the past decade. From 2014 to 2023, Novavax's SG&A expenses skyrocketed by over 2,200%, peaking in 2022 with a staggering 488 million USD. In contrast, Taro's expenses grew more modestly, increasing by approximately 139% over the same period, reaching 219 million USD in 2023. This stark difference highlights Novavax's aggressive expansion and operational scaling, while Taro maintained a more conservative approach. The data for 2024 is incomplete, but the trends suggest a continued divergence in their operational strategies. Understanding these financial dynamics offers valuable insights into each company's strategic priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025