| __timestamp | Lantheus Holdings, Inc. | Pharming Group N.V. |
|---|---|---|
| Wednesday, January 1, 2014 | 72429000 | 4042025 |
| Thursday, January 1, 2015 | 78634000 | 5279557 |
| Friday, January 1, 2016 | 75374000 | 8073913 |
| Sunday, January 1, 2017 | 92157000 | 44864073 |
| Monday, January 1, 2018 | 93326000 | 53488904 |
| Tuesday, January 1, 2019 | 103132000 | 65896361 |
| Wednesday, January 1, 2020 | 110171000 | 69968267 |
| Friday, January 1, 2021 | 218817000 | 92047281 |
| Saturday, January 1, 2022 | 233827000 | 131819000 |
| Sunday, January 1, 2023 | 267194000 | 87501000 |
Unlocking the unknown
In the ever-evolving pharmaceutical industry, understanding the financial dynamics of key players is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent companies: Pharming Group N.V. and Lantheus Holdings, Inc., from 2014 to 2023. Over this period, Lantheus Holdings, Inc. consistently outpaced Pharming Group N.V. in SG&A spending, with a notable increase of approximately 270% from 2014 to 2023. In contrast, Pharming Group N.V. saw a more modest rise of around 210% in the same timeframe. The year 2022 marked a peak for Pharming Group N.V., with expenses reaching their highest, while Lantheus Holdings, Inc. continued its upward trajectory into 2023. This trend highlights Lantheus's aggressive market strategies and expansion efforts, while Pharming Group N.V. maintains a more conservative approach.
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