Operational Costs Compared: SG&A Analysis of TG Therapeutics, Inc. and Verona Pharma plc

Biopharma SG&A Expenses: A Decade of Strategic Growth

__timestampTG Therapeutics, Inc.Verona Pharma plc
Wednesday, January 1, 2014245186921802274
Thursday, January 1, 2015198865802512761
Friday, January 1, 2016126316892894488
Sunday, January 1, 2017219779988096274
Monday, January 1, 2018207590007985229
Tuesday, January 1, 2019208380008994597
Wednesday, January 1, 202012181200029772000
Friday, January 1, 202115213700033907000
Saturday, January 1, 20228323100026579000
Sunday, January 1, 202312270600049868547
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Unleashing insights

SG&A Expenses: A Tale of Two Biopharma Companies

In the competitive world of biopharmaceuticals, operational efficiency is key. This analysis of Selling, General, and Administrative (SG&A) expenses from 2014 to 2023 reveals intriguing trends for TG Therapeutics, Inc. and Verona Pharma plc. TG Therapeutics, Inc. has seen a dramatic increase in SG&A expenses, peaking in 2021 with a staggering 1.52 times the amount spent in 2014. This reflects a strategic push in their operational activities. Meanwhile, Verona Pharma plc, while maintaining a more conservative approach, has also increased its SG&A expenses by approximately 27 times over the same period, indicating a significant ramp-up in their market activities. These trends highlight the dynamic nature of the biopharma industry, where strategic investments in operational costs can be pivotal for growth and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025