Pharming Group N.V. and Madrigal Pharmaceuticals, Inc.: SG&A Spending Patterns Compared

Biopharma SG&A Trends: Strategic Insights from 2014-2023

__timestampMadrigal Pharmaceuticals, Inc.Pharming Group N.V.
Wednesday, January 1, 2014157460004042025
Thursday, January 1, 2015133920005279557
Friday, January 1, 201692900008073913
Sunday, January 1, 2017767200044864073
Monday, January 1, 20181529300053488904
Tuesday, January 1, 20192264800065896361
Wednesday, January 1, 20202186400069968267
Friday, January 1, 20213731800092047281
Saturday, January 1, 202248130000131819000
Sunday, January 1, 202310814600087501000
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Unleashing the power of data

SG&A Spending Patterns: A Tale of Two Biopharma Companies

In the dynamic world of biopharmaceuticals, understanding spending patterns can offer valuable insights into a company's strategic priorities. Over the past decade, Pharming Group N.V. and Madrigal Pharmaceuticals, Inc. have demonstrated contrasting approaches in their Selling, General, and Administrative (SG&A) expenses.

From 2014 to 2023, Pharming Group N.V. consistently increased its SG&A spending, peaking in 2022 with a 1,318% increase from its 2014 levels. This suggests a robust investment in administrative capabilities and market expansion. In contrast, Madrigal Pharmaceuticals, Inc. exhibited a more volatile pattern, with a dramatic surge in 2023, marking a 587% rise from 2014. This spike could indicate a strategic pivot or a response to market opportunities.

These spending trends reflect each company's unique strategy in navigating the competitive biopharma landscape, offering a glimpse into their future trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025