SG&A Efficiency Analysis: Comparing Teva Pharmaceutical Industries Limited and Ascendis Pharma A/S

SG&A Trends: Teva vs. Ascendis Pharma Over a Decade

__timestampAscendis Pharma A/STeva Pharmaceutical Industries Limited
Wednesday, January 1, 201462740005078000000
Thursday, January 1, 201594150004717000000
Friday, January 1, 2016115040005096000000
Sunday, January 1, 2017134820004986000000
Monday, January 1, 2018250570004214000000
Tuesday, January 1, 2019484730003806000000
Wednesday, January 1, 2020766690003671000000
Friday, January 1, 20211601800003528000000
Saturday, January 1, 20222212270003445000000
Sunday, January 1, 20232644100003498000000
Monday, January 1, 20242845450003702000000
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Unlocking the unknown

SG&A Efficiency: A Tale of Two Pharma Giants

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Teva Pharmaceutical Industries Limited and Ascendis Pharma A/S have showcased contrasting trends in their SG&A efficiency.

Teva, a well-established player, has seen a gradual reduction in SG&A expenses, dropping from approximately $5 billion in 2014 to around $3.5 billion in 2023. This represents a 30% decrease, reflecting strategic cost management. In contrast, Ascendis Pharma, a rising star, has experienced a significant increase in SG&A expenses, from $6 million in 2014 to $264 million in 2023, marking a staggering 4,100% rise. This surge indicates aggressive expansion and investment in growth.

These trends highlight the diverse strategies employed by pharmaceutical companies to navigate market challenges and opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025