Teva Pharmaceutical Industries Limited or BeiGene, Ltd.: Who Manages SG&A Costs Better?

Teva vs. BeiGene: A Decade of SG&A Cost Management

__timestampBeiGene, Ltd.Teva Pharmaceutical Industries Limited
Wednesday, January 1, 201469300005078000000
Thursday, January 1, 201573110004717000000
Friday, January 1, 2016200970005096000000
Sunday, January 1, 2017626020004986000000
Monday, January 1, 20181953850004214000000
Tuesday, January 1, 20193882490003806000000
Wednesday, January 1, 20206001760003671000000
Friday, January 1, 20219901230003528000000
Saturday, January 1, 202212778520003445000000
Sunday, January 1, 202315045010003498000000
Monday, January 1, 20243702000000
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Data in motion

Managing SG&A Costs: A Tale of Two Pharmaceutical Giants

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Teva Pharmaceutical Industries Limited and BeiGene, Ltd. have taken different paths in this regard over the past decade. From 2014 to 2023, Teva's SG&A expenses have consistently been higher, peaking at approximately $5 billion in 2016. In contrast, BeiGene's expenses have shown a dramatic increase, rising from a modest $7 million in 2014 to $1.5 billion in 2023, reflecting its rapid expansion and growth strategy.

While Teva's expenses have decreased by about 32% from their peak, BeiGene's have surged by over 21,000%, highlighting its aggressive market penetration. This comparison underscores the strategic choices each company has made in managing operational costs, with Teva focusing on cost reduction and BeiGene on scaling operations.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025