Operational Costs Compared: SG&A Analysis of Teva Pharmaceutical Industries Limited and Vericel Corporation

Teva vs. Vericel: A Decade of SG&A Strategies

__timestampTeva Pharmaceutical Industries LimitedVericel Corporation
Wednesday, January 1, 2014507800000013774000
Thursday, January 1, 2015471700000022479000
Friday, January 1, 2016509600000027388000
Sunday, January 1, 2017498600000035610000
Monday, January 1, 2018421400000049007000
Tuesday, January 1, 2019380600000061139000
Wednesday, January 1, 2020367100000068836000
Friday, January 1, 2021352800000097592000
Saturday, January 1, 20223445000000106903000
Sunday, January 1, 20233498000000120998000
Monday, January 1, 20243702000000
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Unlocking the unknown

A Decade of SG&A: Teva vs. Vericel

In the ever-evolving pharmaceutical landscape, operational efficiency is paramount. Over the past decade, Teva Pharmaceutical Industries Limited and Vericel Corporation have showcased contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses.

Teva's Cost Management

Teva, a global leader, has seen its SG&A expenses decline by approximately 31% from 2014 to 2023. This reduction reflects strategic cost management amidst industry challenges. Notably, Teva's expenses peaked in 2016, followed by a consistent downward trend, reaching their lowest in 2022.

Vericel's Growth Path

Conversely, Vericel, a burgeoning player, experienced a staggering 780% increase in SG&A expenses over the same period. This surge underscores Vericel's aggressive expansion and investment in growth, with expenses climbing steadily each year.

These insights reveal the diverse strategies of established and emerging pharmaceutical companies in navigating operational costs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025