__timestamp | Gilead Sciences, Inc. | Madrigal Pharmaceuticals, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 2983000000 | 15746000 |
Thursday, January 1, 2015 | 3426000000 | 13392000 |
Friday, January 1, 2016 | 3398000000 | 9290000 |
Sunday, January 1, 2017 | 3878000000 | 7672000 |
Monday, January 1, 2018 | 4056000000 | 15293000 |
Tuesday, January 1, 2019 | 4381000000 | 22648000 |
Wednesday, January 1, 2020 | 5151000000 | 21864000 |
Friday, January 1, 2021 | 5246000000 | 37318000 |
Saturday, January 1, 2022 | 5673000000 | 48130000 |
Sunday, January 1, 2023 | 6090000000 | 108146000 |
Monday, January 1, 2024 | 6091000000 |
Data in motion
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.
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