Operational Costs Compared: SG&A Analysis of Teva Pharmaceutical Industries Limited and Madrigal Pharmaceuticals, Inc.

SG&A Expenses: Teva vs. Madrigal from 2014 to 2023

__timestampMadrigal Pharmaceuticals, Inc.Teva Pharmaceutical Industries Limited
Wednesday, January 1, 2014157460005078000000
Thursday, January 1, 2015133920004717000000
Friday, January 1, 201692900005096000000
Sunday, January 1, 201776720004986000000
Monday, January 1, 2018152930004214000000
Tuesday, January 1, 2019226480003806000000
Wednesday, January 1, 2020218640003671000000
Friday, January 1, 2021373180003528000000
Saturday, January 1, 2022481300003445000000
Sunday, January 1, 20231081460003498000000
Monday, January 1, 20243702000000
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A Tale of Two Pharmaceuticals: SG&A Expenses Over Time

In the competitive world of pharmaceuticals, operational efficiency is key. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Teva Pharmaceutical Industries Limited and Madrigal Pharmaceuticals, Inc. from 2014 to 2023. Teva, a giant in the industry, consistently reported SG&A expenses in the billions, peaking at approximately $5.1 billion in 2016. However, a notable decline of about 32% was observed by 2023, reflecting strategic cost-cutting measures.

Conversely, Madrigal Pharmaceuticals, a smaller player, showed a different trend. Starting with modest expenses in 2014, Madrigal's SG&A costs surged by over 580% by 2023, reaching around $108 million. This increase highlights Madrigal's aggressive expansion and investment in growth. The contrasting trajectories of these companies underscore the diverse strategies in the pharmaceutical sector, where size and market position dictate financial priorities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025