__timestamp | AstraZeneca PLC | Pharming Group N.V. |
---|---|---|
Wednesday, January 1, 2014 | 13324000000 | 4042025 |
Thursday, January 1, 2015 | 11451000000 | 5279557 |
Friday, January 1, 2016 | 9739000000 | 8073913 |
Sunday, January 1, 2017 | 10543000000 | 44864073 |
Monday, January 1, 2018 | 10362000000 | 53488904 |
Tuesday, January 1, 2019 | 11848000000 | 65896361 |
Wednesday, January 1, 2020 | 11693000000 | 69968267 |
Friday, January 1, 2021 | 15680000000 | 92047281 |
Saturday, January 1, 2022 | 18955000000 | 131819000 |
Sunday, January 1, 2023 | 18025000000 | 87501000 |
Igniting the spark of knowledge
In the competitive landscape of pharmaceuticals, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, AstraZeneca PLC has consistently outpaced Pharming Group N.V. in SG&A spending, reflecting its expansive global operations. From 2014 to 2023, AstraZeneca's SG&A expenses grew by approximately 35%, peaking in 2022. In contrast, Pharming Group's expenses, though significantly lower, increased by over 300% during the same period, indicating rapid scaling efforts. Notably, AstraZeneca's expenses in 2023 were about 200 times higher than Pharming's, underscoring its market dominance. This analysis highlights the strategic financial management differences between a pharmaceutical giant and a growing biotech firm. As the industry evolves, monitoring these trends offers insights into operational strategies and market positioning.
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