SG&A Efficiency Analysis: Comparing Amphastar Pharmaceuticals, Inc. and Travere Therapeutics, Inc.

Biopharma SG&A: Amphastar vs. Travere Efficiency

__timestampAmphastar Pharmaceuticals, Inc.Travere Therapeutics, Inc.
Wednesday, January 1, 20144037300059644696
Thursday, January 1, 20154697400079541000
Friday, January 1, 20164729800098015000
Sunday, January 1, 201750918000103958000
Monday, January 1, 201858044000103654000
Tuesday, January 1, 201963109000128951000
Wednesday, January 1, 202065157000135799000
Friday, January 1, 202168920000149883000
Saturday, January 1, 202266592000220206000
Sunday, January 1, 202380393000265542000
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Cracking the code

SG&A Efficiency: A Tale of Two Biopharma Companies

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025