SG&A Efficiency Analysis: Comparing AstraZeneca PLC and Summit Therapeutics Inc.

SG&A Spending: AstraZeneca vs. Summit Therapeutics

__timestampAstraZeneca PLCSummit Therapeutics Inc.
Wednesday, January 1, 2014133240000006795238
Thursday, January 1, 2015114510000007454247
Friday, January 1, 2016973900000010345862
Sunday, January 1, 20171054300000016984203
Monday, January 1, 20181036200000016187290
Tuesday, January 1, 2019118480000009299233.54
Wednesday, January 1, 20201169300000019232000
Friday, January 1, 20211568000000023611000
Saturday, January 1, 20221895500000026700000
Sunday, January 1, 20231802500000028215000
Monday, January 1, 202420532000000
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Infusing magic into the data realm

SG&A Efficiency: AstraZeneca vs. Summit Therapeutics

In the competitive landscape of pharmaceuticals, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. AstraZeneca PLC, a global leader, and Summit Therapeutics Inc., a smaller biotech firm, present a fascinating contrast in SG&A spending from 2014 to 2023. Over this period, AstraZeneca's SG&A expenses have shown a steady increase, peaking at approximately $18 billion in 2022, reflecting a strategic expansion and investment in global operations. In contrast, Summit Therapeutics, with a more modest budget, saw its SG&A expenses grow from around $6.8 million in 2014 to nearly $28 million in 2023, indicating a significant scale-up in its operations. This comparison highlights the diverse strategies employed by large and small firms in managing operational costs while striving for market leadership.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025