Takeda Pharmaceutical Company Limited or Dr. Reddy's Laboratories Limited: Who Manages SG&A Costs Better?

Comparing SG&A strategies of Takeda and Dr. Reddy's.

__timestampDr. Reddy's Laboratories LimitedTakeda Pharmaceutical Company Limited
Wednesday, January 1, 201438783000000612613000000
Thursday, January 1, 201542585000000650773000000
Friday, January 1, 201645702000000619061000000
Sunday, January 1, 201746372000000628106000000
Monday, January 1, 201846910000000717599000000
Tuesday, January 1, 201948890000000964737000000
Wednesday, January 1, 202050129000000875663000000
Friday, January 1, 202154559000000886361000000
Saturday, January 1, 202262081000000997309000000
Sunday, January 1, 20231059310000001053819000000
Monday, January 1, 2024772010000001053819000000
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Igniting the spark of knowledge

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

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Takeda Pharmaceutical Company Limited and Dr. Reddy's Laboratories Limited, two industry titans, have shown contrasting approaches over the past decade. From 2014 to 2023, Takeda's SG&A expenses have consistently been higher, peaking at over 1 trillion yen in 2023, reflecting their expansive global operations. In contrast, Dr. Reddy's Laboratories maintained a more conservative approach, with expenses reaching approximately 106 billion yen in the same year. This disparity highlights Takeda's aggressive market strategies compared to Dr. Reddy's more streamlined operations. Despite the differences, both companies have shown a steady increase in SG&A costs, emphasizing the growing complexity and competition in the pharmaceutical sector. As we look to 2024, the question remains: will these trends continue, or will strategic shifts alter the landscape?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025