Selling, General, and Administrative Costs: Johnson & Johnson vs Regeneron Pharmaceuticals, Inc.

SG&A Expenses: A Decade of Divergence in Pharma Giants

__timestampJohnson & JohnsonRegeneron Pharmaceuticals, Inc.
Wednesday, January 1, 201421954000000504755000
Thursday, January 1, 201521203000000838526000
Friday, January 1, 2016199450000001177697000
Sunday, January 1, 2017214200000001320433000
Monday, January 1, 2018225400000001556200000
Tuesday, January 1, 2019221780000001834800000
Wednesday, January 1, 2020220840000001346000000
Friday, January 1, 2021201180000001824900000
Saturday, January 1, 2022190460000002115900000
Sunday, January 1, 2023201120000002631300000
Monday, January 1, 2024219690000002954400000
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Unveiling the hidden dimensions of data

A Tale of Two Giants: SG&A Expenses in the Pharmaceutical Industry

In the ever-evolving pharmaceutical landscape, understanding the financial strategies of industry leaders is crucial. Johnson & Johnson, a stalwart in healthcare, and Regeneron Pharmaceuticals, a biotech innovator, offer a fascinating study in contrasts. From 2014 to 2023, Johnson & Johnson's Selling, General, and Administrative (SG&A) expenses have shown a slight decline, averaging around $21 billion annually. In contrast, Regeneron has seen a significant rise, with expenses increasing by over 400% from 2014 to 2023, peaking at approximately $2.6 billion.

This divergence highlights differing strategic priorities: Johnson & Johnson's focus on maintaining efficiency versus Regeneron's aggressive expansion and investment in growth. As the pharmaceutical industry continues to adapt to new challenges, these financial trends offer valuable insights into the operational philosophies of these two giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025