Selling, General, and Administrative Costs: Gilead Sciences, Inc. vs Madrigal Pharmaceuticals, Inc.

Biotech Giants' SG&A Costs: A Decade of Growth and Strategy

__timestampGilead Sciences, Inc.Madrigal Pharmaceuticals, Inc.
Wednesday, January 1, 2014298300000015746000
Thursday, January 1, 2015342600000013392000
Friday, January 1, 201633980000009290000
Sunday, January 1, 201738780000007672000
Monday, January 1, 2018405600000015293000
Tuesday, January 1, 2019438100000022648000
Wednesday, January 1, 2020515100000021864000
Friday, January 1, 2021524600000037318000
Saturday, January 1, 2022567300000048130000
Sunday, January 1, 20236090000000108146000
Monday, January 1, 20246091000000
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Data in motion

A Tale of Two Biotech Giants: Gilead Sciences vs. Madrigal Pharmaceuticals

In the ever-evolving landscape of biotechnology, understanding the financial health of companies is crucial. Selling, General, and Administrative (SG&A) expenses offer a window into a company's operational efficiency. From 2014 to 2023, Gilead Sciences, Inc. and Madrigal Pharmaceuticals, Inc. have shown contrasting trajectories in their SG&A costs.

Gilead Sciences, a titan in the biotech industry, has seen its SG&A expenses grow by over 100% from 2014 to 2023, peaking at approximately $6 billion. This reflects its expansive operations and strategic investments. In contrast, Madrigal Pharmaceuticals, a smaller player, has experienced a staggering 587% increase in SG&A expenses, reaching over $108 million in 2023. This surge underscores its aggressive growth strategy and market penetration efforts.

These trends highlight the dynamic nature of the biotech sector, where strategic spending can be a harbinger of future growth and innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025