Summit Therapeutics Inc. and Dr. Reddy's Laboratories Limited: SG&A Spending Patterns Compared

SG&A Spending: A Decade of Divergence

__timestampDr. Reddy's Laboratories LimitedSummit Therapeutics Inc.
Wednesday, January 1, 2014387830000006795238
Thursday, January 1, 2015425850000007454247
Friday, January 1, 20164570200000010345862
Sunday, January 1, 20174637200000016984203
Monday, January 1, 20184691000000016187290
Tuesday, January 1, 2019488900000009299233.54
Wednesday, January 1, 20205012900000019232000
Friday, January 1, 20215455900000023611000
Saturday, January 1, 20226208100000026700000
Sunday, January 1, 202310593100000028215000
Monday, January 1, 202477201000000
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Unlocking the unknown

SG&A Spending Patterns: A Tale of Two Companies

In the ever-evolving pharmaceutical landscape, understanding spending patterns is crucial. Dr. Reddy's Laboratories Limited and Summit Therapeutics Inc. offer a fascinating contrast in their Selling, General, and Administrative (SG&A) expenses over the past decade.

A Decade of Divergence

From 2014 to 2023, Dr. Reddy's Laboratories consistently increased its SG&A expenses, peaking in 2023 with a staggering 173% increase from 2014. This reflects their aggressive market expansion and strategic investments. In contrast, Summit Therapeutics Inc. exhibited a more modest growth, with their SG&A expenses increasing by approximately 315% over the same period, albeit from a much smaller base.

Insights and Implications

The data highlights Dr. Reddy's robust financial strategy, while Summit's growth, though significant, suggests a more cautious approach. Missing data for 2024 suggests potential shifts in strategy or reporting. These insights are invaluable for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025