| __timestamp | Amphastar Pharmaceuticals, Inc. | Travere Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 40373000 | 59644696 |
| Thursday, January 1, 2015 | 46974000 | 79541000 |
| Friday, January 1, 2016 | 47298000 | 98015000 |
| Sunday, January 1, 2017 | 50918000 | 103958000 |
| Monday, January 1, 2018 | 58044000 | 103654000 |
| Tuesday, January 1, 2019 | 63109000 | 128951000 |
| Wednesday, January 1, 2020 | 65157000 | 135799000 |
| Friday, January 1, 2021 | 68920000 | 149883000 |
| Saturday, January 1, 2022 | 66592000 | 220206000 |
| Sunday, January 1, 2023 | 80393000 | 265542000 |
In pursuit of knowledge
In the competitive world of biopharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Amphastar Pharmaceuticals, Inc. and Travere Therapeutics, Inc. offer a fascinating case study in SG&A efficiency from 2014 to 2023. Over this period, Amphastar's SG&A expenses grew by approximately 99%, while Travere's surged by an impressive 345%. This stark contrast highlights differing strategic priorities and operational efficiencies. Amphastar maintained a more conservative growth in expenses, suggesting a focus on cost control. In contrast, Travere's significant increase in SG&A spending could indicate aggressive expansion or investment in administrative capabilities. As of 2023, Travere's SG&A expenses were more than three times those of Amphastar, reflecting its larger scale or different business model. Understanding these trends provides valuable insights into each company's strategic direction and operational focus.
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