Sanofi vs Corcept Therapeutics Incorporated: SG&A Expense Trends

Comparing SG&A strategies of Sanofi and Corcept Therapeutics.

__timestampCorcept Therapeutics IncorporatedSanofi
Wednesday, January 1, 2014349160008565000000
Thursday, January 1, 2015369490009496000000
Friday, January 1, 2016452400009592000000
Sunday, January 1, 20176241600010164000000
Monday, January 1, 2018812890009934000000
Tuesday, January 1, 20191003590009883000000
Wednesday, January 1, 20201053260009390000000
Friday, January 1, 20211223560009555000000
Saturday, January 1, 202215284800010539000000
Sunday, January 1, 202318425900010765000000
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Unveiling the hidden dimensions of data

SG&A Expense Trends: Sanofi vs. Corcept Therapeutics

In the ever-evolving pharmaceutical industry, understanding the financial strategies of leading companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent players: Sanofi and Corcept Therapeutics Incorporated, from 2014 to 2023.

Sanofi, a global healthcare leader, consistently allocated substantial resources to SG&A, with expenses peaking at approximately $10.8 billion in 2023. This represents a steady increase of around 26% over the decade, reflecting their commitment to maintaining a robust market presence.

Conversely, Corcept Therapeutics, a niche player, exhibited a remarkable growth trajectory. Their SG&A expenses surged by over 400%, from $34.9 million in 2014 to $184.3 million in 2023. This dramatic rise underscores their aggressive expansion strategy and increasing market footprint.

These trends highlight the contrasting approaches of a global giant and a specialized firm in navigating the competitive pharmaceutical landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025