| __timestamp | Jazz Pharmaceuticals plc | Pharming Group N.V. |
|---|---|---|
| Wednesday, January 1, 2014 | 406114000 | 4042025 |
| Thursday, January 1, 2015 | 449119000 | 5279557 |
| Friday, January 1, 2016 | 502892000 | 8073913 |
| Sunday, January 1, 2017 | 544156000 | 44864073 |
| Monday, January 1, 2018 | 683530000 | 53488904 |
| Tuesday, January 1, 2019 | 736942000 | 65896361 |
| Wednesday, January 1, 2020 | 854233000 | 69968267 |
| Friday, January 1, 2021 | 1451683000 | 92047281 |
| Saturday, January 1, 2022 | 1416967000 | 131819000 |
| Sunday, January 1, 2023 | 1343105000 | 87501000 |
Unlocking the unknown
In the competitive landscape of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Jazz Pharmaceuticals plc and Pharming Group N.V. offer a fascinating study in contrasts over the past decade. From 2014 to 2023, Jazz Pharmaceuticals saw a steady increase in SG&A expenses, peaking at approximately $1.45 billion in 2021, a 257% increase from 2014. In contrast, Pharming Group N.V. maintained a more modest growth, with expenses rising from $4 million in 2014 to $132 million in 2022, marking a 3,170% increase. This disparity highlights Jazz's aggressive expansion strategy compared to Pharming's more conservative approach. As the industry evolves, understanding these financial strategies provides valuable insights into each company's operational efficiency and market positioning.
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