Selling, General, and Administrative Costs: Bristol-Myers Squibb Company vs Neurocrine Biosciences, Inc.

SG&A Trends: Bristol-Myers Squibb vs. Neurocrine Biosciences

__timestampBristol-Myers Squibb CompanyNeurocrine Biosciences, Inc.
Wednesday, January 1, 2014569900000017986000
Thursday, January 1, 2015500100000032480000
Friday, January 1, 2016500200000068081000
Sunday, January 1, 20174849000000169906000
Monday, January 1, 20184551000000248932000
Tuesday, January 1, 20194871000000354100000
Wednesday, January 1, 20207661000000433300000
Friday, January 1, 20217690000000583300000
Saturday, January 1, 20227814000000752700000
Sunday, January 1, 20237772000000887600000
Monday, January 1, 202484140000001007200000
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In pursuit of knowledge

A Decade of SG&A Trends: Bristol-Myers Squibb vs. Neurocrine Biosciences

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025