Takeda Pharmaceutical Company Limited or Catalyst Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Takeda vs. Catalyst

__timestampCatalyst Pharmaceuticals, Inc.Takeda Pharmaceutical Company Limited
Wednesday, January 1, 20144473654612613000000
Thursday, January 1, 20158597010650773000000
Friday, January 1, 20167910260619061000000
Sunday, January 1, 20177304399628106000000
Monday, January 1, 201815875961717599000000
Tuesday, January 1, 201936881187964737000000
Wednesday, January 1, 202044233754875663000000
Friday, January 1, 202149628000886361000000
Saturday, January 1, 202258183000997309000000
Sunday, January 1, 20231337100001053819000000
Monday, January 1, 20241053819000000
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Igniting the spark of knowledge

A Tale of Two Pharmaceutical Giants: SG&A Cost Management

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Takeda Pharmaceutical Company Limited and Catalyst Pharmaceuticals, Inc. offer a fascinating study in contrasts. Over the past decade, Takeda's SG&A expenses have consistently hovered around the trillion-dollar mark, reflecting its expansive global operations. In contrast, Catalyst Pharmaceuticals has shown a more modest trajectory, with expenses peaking at approximately $134 million in 2023, a significant increase from $4.5 million in 2014.

While Takeda's expenses are nearly 10,000 times higher than Catalyst's, the latter's rapid growth in SG&A costs—nearly 30 times over the period—signals aggressive expansion. This data highlights the strategic choices each company makes in balancing growth and cost management. As the pharmaceutical landscape evolves, these insights provide a window into how industry leaders navigate financial challenges.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025