Selling, General, and Administrative Costs: Merck & Co., Inc. vs Blueprint Medicines Corporation

SG&A Expenses: Merck vs. Blueprint Medicines Over a Decade

__timestampBlueprint Medicines CorporationMerck & Co., Inc.
Wednesday, January 1, 2014789000011606000000
Thursday, January 1, 20151445600010313000000
Friday, January 1, 2016192180009762000000
Sunday, January 1, 2017279860009830000000
Monday, January 1, 20184792800010102000000
Tuesday, January 1, 20199638800010615000000
Wednesday, January 1, 20201577430008955000000
Friday, January 1, 20211952930009634000000
Saturday, January 1, 202223737400010042000000
Sunday, January 1, 202329514100010504000000
Monday, January 1, 2024359272000
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Data in motion

A Tale of Two Companies: SG&A Expenses Over Time

In the world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Merck & Co., Inc. and Blueprint Medicines Corporation have shown contrasting trends in their SG&A expenses. From 2014 to 2023, Merck's expenses have remained relatively stable, fluctuating around $10 billion annually. In contrast, Blueprint Medicines has seen a dramatic increase, with expenses rising from approximately $8 million in 2014 to nearly $295 million in 2023, marking a staggering 3,600% increase. This divergence highlights the different growth stages and strategic priorities of these companies. While Merck focuses on maintaining its established market position, Blueprint is investing heavily in growth and expansion. Understanding these trends provides valuable insights into the operational strategies of these pharmaceutical giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025