Selling, General, and Administrative Costs: Sarepta Therapeutics, Inc. vs Madrigal Pharmaceuticals, Inc.

Biotech Giants' SG&A Expenses: A Decade of Growth

__timestampMadrigal Pharmaceuticals, Inc.Sarepta Therapeutics, Inc.
Wednesday, January 1, 20141574600049315000
Thursday, January 1, 20151339200075043000
Friday, January 1, 2016929000083749000
Sunday, January 1, 20177672000122682000
Monday, January 1, 201815293000207761000
Tuesday, January 1, 201922648000284812000
Wednesday, January 1, 202021864000317875000
Friday, January 1, 202137318000282660000
Saturday, January 1, 202248130000451421000
Sunday, January 1, 2023108146000481871000
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Unleashing insights

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

In the competitive world of biotechnology, managing operational costs is crucial for success. This chart compares the Selling, General, and Administrative (SG&A) expenses of two prominent players: Sarepta Therapeutics, Inc. and Madrigal Pharmaceuticals, Inc., from 2014 to 2023.

Sarepta Therapeutics has consistently outpaced Madrigal Pharmaceuticals in SG&A spending, reflecting its aggressive growth strategy. In 2023, Sarepta's expenses reached nearly 482 million, a staggering 880% increase from 2014. Meanwhile, Madrigal's expenses, though significantly lower, have shown a remarkable growth of 587% over the same period, peaking at approximately 108 million in 2023.

This trend highlights the differing strategies of these companies. While Sarepta invests heavily in its operations, Madrigal maintains a more conservative approach. Understanding these dynamics offers valuable insights into the financial health and strategic priorities of these biotech firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025