Pfizer Inc. and Viking Therapeutics, Inc.: SG&A Spending Patterns Compared

Pfizer vs. Viking: A Decade of SG&A Spending

__timestampPfizer Inc.Viking Therapeutics, Inc.
Wednesday, January 1, 2014140970000001244910
Thursday, January 1, 2015148090000005029636
Friday, January 1, 2016148370000004846776
Sunday, January 1, 2017147840000005329003
Monday, January 1, 2018144550000007121000
Tuesday, January 1, 2019143500000009128000
Wednesday, January 1, 20201161500000010731000
Friday, January 1, 20211270300000010701000
Saturday, January 1, 20221367700000016121000
Sunday, January 1, 20231477100000037021000
Monday, January 1, 202414730000000
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Igniting the spark of knowledge

A Tale of Two Companies: SG&A Spending Trends

In the world of pharmaceuticals, Pfizer Inc. and Viking Therapeutics, Inc. present a fascinating study in contrasts. Over the past decade, Pfizer's Selling, General, and Administrative (SG&A) expenses have consistently hovered around $14 billion annually, reflecting its status as a global pharmaceutical giant. In stark contrast, Viking Therapeutics, a smaller biotech firm, has seen its SG&A expenses grow from a modest $1.2 million in 2014 to nearly $37 million by 2023, marking a staggering increase of over 2,800%.

This divergence highlights the differing scales and strategies of these companies. While Pfizer's spending reflects its established market presence and extensive operations, Viking's rising expenses indicate its aggressive growth and expansion efforts. As Viking continues to scale, its spending patterns may offer insights into the evolving landscape of biotech innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025