SG&A Efficiency Analysis: Comparing Sanofi and Axsome Therapeutics, Inc.

Sanofi vs. Axsome: SG&A Expense Trends Unveiled

__timestampAxsome Therapeutics, Inc.Sanofi
Wednesday, January 1, 201413928308565000000
Thursday, January 1, 201524192899496000000
Friday, January 1, 201663436489592000000
Sunday, January 1, 2017720669110164000000
Monday, January 1, 201893515229934000000
Tuesday, January 1, 2019135980309883000000
Wednesday, January 1, 2020288967499390000000
Friday, January 1, 2021666462059555000000
Saturday, January 1, 202215925366110539000000
Sunday, January 1, 202332312300010765000000
Monday, January 1, 20244113590009183000000
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Unleashing insights

SG&A Efficiency: A Tale of Two Companies

In the ever-evolving pharmaceutical landscape, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Sanofi and Axsome Therapeutics, Inc. have showcased contrasting trajectories in their SG&A expenditures. From 2014 to 2023, Sanofi's SG&A expenses have remained relatively stable, fluctuating around the $10 billion mark annually. In contrast, Axsome Therapeutics has seen a dramatic increase, with expenses skyrocketing from approximately $1.4 million in 2014 to over $320 million in 2023, marking a staggering growth of over 22,000%. This divergence highlights the different stages and strategies of these companies: Sanofi's mature market presence versus Axsome's aggressive growth phase. As investors and analysts look to the future, these trends offer valuable insights into each company's operational focus and market strategy.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025