Soleno Therapeutics, Inc. or Taro Pharmaceutical Industries Ltd.: Who Manages SG&A Costs Better?

SG&A Cost Management: Soleno vs. Taro

__timestampSoleno Therapeutics, Inc.Taro Pharmaceutical Industries Ltd.
Wednesday, January 1, 2014291751391733000
Thursday, January 1, 2015787829187644000
Friday, January 1, 2016836679492365000
Sunday, January 1, 2017661038185656000
Monday, January 1, 2018655600088196000
Tuesday, January 1, 2019693000089971000
Wednesday, January 1, 2020875800093413000
Friday, January 1, 20211080600091355000
Saturday, January 1, 20229844000113676000
Sunday, January 1, 202313481000198366000
Monday, January 1, 2024218935000
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Cracking the code

SG&A Cost Management: Soleno vs. Taro

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, Soleno Therapeutics, Inc. and Taro Pharmaceutical Industries Ltd. have shown contrasting approaches. Soleno's SG&A expenses have grown by approximately 362%, from $2.9 million in 2014 to $13.5 million in 2023. Meanwhile, Taro's expenses have more than doubled, reaching nearly $198 million in 2023, up from $91.7 million in 2014.

While Taro's expenses are significantly higher, reflecting its larger scale, Soleno's rapid increase suggests a strategic investment in growth. However, the absence of data for Soleno in 2024 leaves room for speculation. As the industry evolves, these companies' ability to manage SG&A costs will be pivotal in maintaining competitive advantage and ensuring sustainable growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025