__timestamp | Summit Therapeutics Inc. | Travere Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 6795238 | 59644696 |
Thursday, January 1, 2015 | 7454247 | 79541000 |
Friday, January 1, 2016 | 10345862 | 98015000 |
Sunday, January 1, 2017 | 16984203 | 103958000 |
Monday, January 1, 2018 | 16187290 | 103654000 |
Tuesday, January 1, 2019 | 9299233.54 | 128951000 |
Wednesday, January 1, 2020 | 19232000 | 135799000 |
Friday, January 1, 2021 | 23611000 | 149883000 |
Saturday, January 1, 2022 | 26700000 | 220206000 |
Sunday, January 1, 2023 | 28215000 | 265542000 |
Igniting the spark of knowledge
In the competitive landscape of biopharmaceuticals, understanding operational efficiency is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Summit Therapeutics Inc. and Travere Therapeutics, Inc. over the past decade. From 2014 to 2023, Summit Therapeutics saw a steady increase in SG&A expenses, peaking at approximately $28 million in 2023, marking a 315% rise from 2014. In contrast, Travere Therapeutics experienced a more dramatic escalation, with expenses soaring by 345% to reach $266 million in the same period. This stark difference highlights Travere's aggressive expansion strategy compared to Summit's more measured approach. Such insights are invaluable for investors and stakeholders aiming to gauge the financial health and strategic direction of these companies. As the biopharma sector continues to evolve, monitoring SG&A efficiency remains a key indicator of sustainable growth.
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