| __timestamp | Eli Lilly and Company | Pfizer Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 6620800000 | 14097000000 |
| Thursday, January 1, 2015 | 6533000000 | 14809000000 |
| Friday, January 1, 2016 | 6452000000 | 14837000000 |
| Sunday, January 1, 2017 | 6588100000 | 14784000000 |
| Monday, January 1, 2018 | 5975100000 | 14455000000 |
| Tuesday, January 1, 2019 | 6213800000 | 14350000000 |
| Wednesday, January 1, 2020 | 6121200000 | 11615000000 |
| Friday, January 1, 2021 | 6431600000 | 12703000000 |
| Saturday, January 1, 2022 | 6440400000 | 13677000000 |
| Sunday, January 1, 2023 | 6941200000 | 14771000000 |
| Monday, January 1, 2024 | 8593800000 | 14730000000 |
Cracking the code
In the ever-evolving pharmaceutical industry, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Eli Lilly and Company and Pfizer Inc. have demonstrated distinct strategies in managing these costs. From 2014 to 2023, Pfizer consistently allocated more than double the SG&A expenses compared to Eli Lilly, peaking at approximately $14.8 billion in 2016. Meanwhile, Eli Lilly maintained a more conservative approach, with expenses hovering around $6.4 billion, except for a notable dip in 2018. This strategic difference highlights Pfizer's aggressive market expansion and Eli Lilly's focus on streamlined operations. As of 2023, both companies show a trend of increasing SG&A expenses, reflecting the industry's response to global challenges and opportunities. These insights offer a window into the financial strategies shaping the future of pharmaceuticals.
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