SG&A Efficiency Analysis: Comparing United Therapeutics Corporation and Pharming Group N.V.

SG&A Strategies: United Therapeutics vs. Pharming Group

__timestampPharming Group N.V.United Therapeutics Corporation
Wednesday, January 1, 20144042025381287000
Thursday, January 1, 20155279557452612000
Friday, January 1, 20168073913316800000
Sunday, January 1, 201744864073330100000
Monday, January 1, 201853488904265800000
Tuesday, January 1, 201965896361336200000
Wednesday, January 1, 202069968267423900000
Friday, January 1, 202192047281467000000
Saturday, January 1, 2022131819000487000000
Sunday, January 1, 202387501000477100000
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Unleashing insights

SG&A Efficiency: A Tale of Two Companies

In the competitive landscape of the pharmaceutical industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, United Therapeutics Corporation and Pharming Group N.V. have demonstrated contrasting approaches to SG&A efficiency.

United Therapeutics, a leader in innovative therapies, consistently allocated a significant portion of its budget to SG&A, peaking at approximately 487 million in 2022. This strategic investment reflects their commitment to robust marketing and administrative frameworks, essential for sustaining their market position.

Conversely, Pharming Group N.V., known for its niche biopharmaceutical products, exhibited a more conservative SG&A strategy. Their expenses grew from a modest 4 million in 2014 to around 132 million in 2022, indicating a gradual scaling of operations.

This analysis underscores the diverse strategies employed by pharmaceutical companies in balancing growth and operational efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025