__timestamp | Bristol-Myers Squibb Company | Neurocrine Biosciences, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 5699000000 | 17986000 |
Thursday, January 1, 2015 | 5001000000 | 32480000 |
Friday, January 1, 2016 | 5002000000 | 68081000 |
Sunday, January 1, 2017 | 4849000000 | 169906000 |
Monday, January 1, 2018 | 4551000000 | 248932000 |
Tuesday, January 1, 2019 | 4871000000 | 354100000 |
Wednesday, January 1, 2020 | 7661000000 | 433300000 |
Friday, January 1, 2021 | 7690000000 | 583300000 |
Saturday, January 1, 2022 | 7814000000 | 752700000 |
Sunday, January 1, 2023 | 7772000000 | 887600000 |
Monday, January 1, 2024 | 8414000000 | 1007200000 |
In pursuit of knowledge
In the ever-evolving pharmaceutical industry, understanding the financial dynamics of major players is crucial. Over the past decade, Bristol-Myers Squibb Company and Neurocrine Biosciences, Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Bristol-Myers Squibb's SG&A costs have surged by approximately 36%, peaking in 2022. This reflects their aggressive expansion and marketing strategies. In contrast, Neurocrine Biosciences, though smaller, has seen a staggering increase of nearly 4,800% in SG&A expenses, highlighting their rapid growth and increased market presence. By 2023, Bristol-Myers Squibb's SG&A expenses were about 8.8 times higher than Neurocrine's, showcasing the scale difference between the two. These insights provide a window into the strategic priorities and market positioning of these pharmaceutical giants.
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