SG&A Efficiency Analysis: Comparing Takeda Pharmaceutical Company Limited and Iovance Biotherapeutics, Inc.

SG&A Efficiency: Takeda vs. Iovance - A Decade of Change

__timestampIovance Biotherapeutics, Inc.Takeda Pharmaceutical Company Limited
Wednesday, January 1, 20149335772612613000000
Thursday, January 1, 201512390000650773000000
Friday, January 1, 201625602000619061000000
Sunday, January 1, 201721262000628106000000
Monday, January 1, 201828430000717599000000
Tuesday, January 1, 201940849000964737000000
Wednesday, January 1, 202060210000875663000000
Friday, January 1, 202183664000886361000000
Saturday, January 1, 2022104097000997309000000
Sunday, January 1, 20231069160001053819000000
Monday, January 1, 20241053819000000
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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. Takeda Pharmaceutical Company Limited, a global leader, and Iovance Biotherapeutics, Inc., a rising star, offer a fascinating contrast. Over the past decade, Takeda's SG&A expenses have shown a steady increase, peaking at approximately 1.05 trillion yen in 2023, reflecting its expansive global operations. In contrast, Iovance's SG&A expenses, though significantly smaller, have grown by over 1,000% since 2014, highlighting its aggressive growth strategy. This comparison underscores the diverse strategies employed by established giants and emerging innovators in managing operational costs. While Takeda's scale allows for substantial investment in administrative functions, Iovance's rapid increase signals its commitment to scaling operations. As the industry continues to evolve, these insights provide a window into the strategic priorities of pharmaceutical companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025