__timestamp | Insmed Incorporated | Takeda Pharmaceutical Company Limited |
---|---|---|
Wednesday, January 1, 2014 | 31073000 | 612613000000 |
Thursday, January 1, 2015 | 43216000 | 650773000000 |
Friday, January 1, 2016 | 50679000 | 619061000000 |
Sunday, January 1, 2017 | 79171000 | 628106000000 |
Monday, January 1, 2018 | 168218000 | 717599000000 |
Tuesday, January 1, 2019 | 210796000 | 964737000000 |
Wednesday, January 1, 2020 | 203613000 | 875663000000 |
Friday, January 1, 2021 | 234273000 | 886361000000 |
Saturday, January 1, 2022 | 265784000 | 997309000000 |
Sunday, January 1, 2023 | 344501000 | 1053819000000 |
Monday, January 1, 2024 | 1053819000000 |
In pursuit of knowledge
In the world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Takeda Pharmaceutical Company Limited and Insmed Incorporated have shown contrasting trends in their SG&A expenses. From 2014 to 2023, Takeda's expenses have consistently been over 3,000 times higher than Insmed's, reflecting its larger scale and global reach. Notably, Takeda's SG&A expenses peaked in 2023, reaching over 1 trillion yen, a 72% increase from 2014. Meanwhile, Insmed's expenses have grown more than tenfold, from 31 million in 2014 to 345 million in 2023, indicating its aggressive expansion strategy. However, data for 2024 is incomplete, highlighting the need for continuous monitoring. This comparison underscores the diverse strategies and challenges faced by pharmaceutical companies in managing operational costs.
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