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

SG&A Cost Management: Regeneron vs. Ligand

__timestampLigand Pharmaceuticals IncorporatedRegeneron Pharmaceuticals, Inc.
Wednesday, January 1, 201422570000504755000
Thursday, January 1, 201524378000838526000
Friday, January 1, 2016266210001177697000
Sunday, January 1, 2017286530001320433000
Monday, January 1, 2018377340001556200000
Tuesday, January 1, 2019418840001834800000
Wednesday, January 1, 2020644350001346000000
Friday, January 1, 2021574830001824900000
Saturday, January 1, 2022700620002115900000
Sunday, January 1, 2023527900002631300000
Monday, January 1, 20242954400000
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Unveiling the hidden dimensions of data

Managing SG&A Costs: A Tale of Two Pharmaceutical Giants

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Regeneron Pharmaceuticals, Inc. and Ligand Pharmaceuticals Incorporated have showcased contrasting strategies in this domain. From 2014 to 2023, Regeneron consistently reported higher SG&A expenses, peaking at approximately $2.63 billion in 2023, a staggering 1,065% increase from Ligand's $52.79 million in the same year. Despite Regeneron's larger scale, Ligand's ability to maintain lower SG&A costs highlights its efficient cost management. Interestingly, Ligand's expenses grew by 133% over the decade, while Regeneron's surged by 421%. This data underscores the diverse approaches these companies take in balancing growth and operational efficiency. As the pharmaceutical landscape evolves, these insights offer a glimpse into the strategic priorities of industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025