Selling, General, and Administrative Costs: AbbVie Inc. vs Geron Corporation

Pharma Giants: AbbVie vs. Geron SG&A Strategies

__timestampAbbVie Inc.Geron Corporation
Wednesday, January 1, 2014772400000016758000
Thursday, January 1, 2015638700000017793000
Friday, January 1, 2016585500000018761000
Sunday, January 1, 2017627500000019287000
Monday, January 1, 2018739900000018707000
Tuesday, January 1, 2019694200000020893000
Wednesday, January 1, 20201129900000025678000
Friday, January 1, 20211234900000029665000
Saturday, January 1, 20221526000000043628000
Sunday, January 1, 20231287200000069135000
Monday, January 1, 202414752000000
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A Tale of Two Companies: AbbVie Inc. vs. Geron Corporation

In the world of pharmaceuticals, the financial strategies of companies can be as varied as their drug portfolios. AbbVie Inc., a giant in the industry, has consistently demonstrated robust spending on Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, AbbVie's SG&A costs surged by approximately 66%, peaking in 2022. This reflects their aggressive market strategies and expansive operations. In contrast, Geron Corporation, a smaller player, has shown a more modest increase in SG&A expenses, with a notable rise of over 300% from 2014 to 2023. This growth, while significant, highlights Geron's strategic focus on lean operations and targeted investments. The stark contrast between these two companies underscores the diverse approaches within the pharmaceutical sector, where size and strategy dictate financial priorities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025