PTC Therapeutics, Inc. or Ligand Pharmaceuticals Incorporated: Who Manages SG&A Costs Better?

PTC vs. Ligand: A Decade of SG&A Cost Management

__timestampLigand Pharmaceuticals IncorporatedPTC Therapeutics, Inc.
Wednesday, January 1, 20142257000044820000
Thursday, January 1, 20152437800082080000
Friday, January 1, 20162662100097130000
Sunday, January 1, 201728653000121271000
Monday, January 1, 201837734000153548000
Tuesday, January 1, 201941884000202541000
Wednesday, January 1, 202064435000245164000
Friday, January 1, 202157483000285773000
Saturday, January 1, 202270062000325998000
Sunday, January 1, 202352790000332540000
Loading chart...

Unveiling the hidden dimensions of data

Who Manages SG&A Costs Better: PTC Therapeutics or Ligand Pharmaceuticals?

In the competitive landscape of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. From 2014 to 2023, PTC Therapeutics, Inc. and Ligand Pharmaceuticals Incorporated have shown contrasting approaches to SG&A cost management. PTC Therapeutics has seen a significant increase in SG&A expenses, rising from approximately $45 million in 2014 to over $332 million in 2023, marking a staggering 638% increase. In contrast, Ligand Pharmaceuticals has managed a more modest increase of 134% over the same period, from around $23 million to $53 million. This data suggests that Ligand Pharmaceuticals has been more effective in controlling its SG&A costs relative to its revenue growth. As investors and stakeholders evaluate these companies, understanding their cost management strategies could provide valuable insights into their operational efficiencies and long-term sustainability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025