SG&A Efficiency Analysis: Comparing BioMarin Pharmaceutical Inc. and Amphastar Pharmaceuticals, Inc.

SG&A Trends: BioMarin vs. Amphastar Over a Decade

__timestampAmphastar Pharmaceuticals, Inc.BioMarin Pharmaceutical Inc.
Wednesday, January 1, 201440373000302156000
Thursday, January 1, 201546974000402271000
Friday, January 1, 201647298000476593000
Sunday, January 1, 201750918000554336000
Monday, January 1, 201858044000604353000
Tuesday, January 1, 201963109000680924000
Wednesday, January 1, 202065157000737669000
Friday, January 1, 202168920000759375000
Saturday, January 1, 202266592000854009000
Sunday, January 1, 202380393000937300000
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SG&A Efficiency: A Tale of Two Pharmaceutical Giants

In the competitive landscape of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for operational efficiency. Over the past decade, BioMarin Pharmaceutical Inc. and Amphastar Pharmaceuticals, Inc. have demonstrated contrasting trends in their SG&A expenditures. From 2014 to 2023, BioMarin's SG&A expenses surged by approximately 210%, reflecting its aggressive expansion and investment in R&D. In contrast, Amphastar's expenses grew by about 99%, indicating a more conservative approach. Notably, BioMarin's expenses consistently outpaced Amphastar's, peaking at nearly 937 million in 2023, compared to Amphastar's 80 million. This disparity highlights BioMarin's larger scale and broader market reach. As the industry evolves, these trends offer insights into each company's strategic priorities and financial health, providing a window into their future growth trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025