SG&A Efficiency Analysis: Comparing Intra-Cellular Therapies, Inc. and Madrigal Pharmaceuticals, Inc.

Biopharma SG&A Strategies: Intra-Cellular vs. Madrigal

__timestampIntra-Cellular Therapies, Inc.Madrigal Pharmaceuticals, Inc.
Wednesday, January 1, 20141033767915746000
Thursday, January 1, 20151818728613392000
Friday, January 1, 2016247580639290000
Sunday, January 1, 2017236669577672000
Monday, January 1, 20183009985515293000
Tuesday, January 1, 20196494762522648000
Wednesday, January 1, 202018636344421864000
Friday, January 1, 202127261104037318000
Saturday, January 1, 202235878200048130000
Sunday, January 1, 2023409864000108146000
Loading chart...

Unlocking the unknown

SG&A Efficiency: A Tale of Two Biopharma Giants

In the competitive world of biopharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Over the past decade, Intra-Cellular Therapies, Inc. and Madrigal Pharmaceuticals, Inc. have showcased contrasting strategies in this domain. From 2014 to 2023, Intra-Cellular Therapies saw a staggering 3,860% increase in SG&A expenses, peaking in 2023. This reflects their aggressive expansion and investment in operational infrastructure. In contrast, Madrigal Pharmaceuticals maintained a more conservative growth, with a 587% rise over the same period, indicating a focus on lean operations. The year 2023 marked a significant divergence, with Intra-Cellular's expenses nearly four times higher than Madrigal's. This analysis highlights the strategic choices companies make in balancing growth and efficiency, offering valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025