__timestamp | Biogen Inc. | Teva Pharmaceutical Industries Limited |
---|---|---|
Wednesday, January 1, 2014 | 2232342000 | 5078000000 |
Thursday, January 1, 2015 | 2113100000 | 4717000000 |
Friday, January 1, 2016 | 1947900000 | 5096000000 |
Sunday, January 1, 2017 | 1935500000 | 4986000000 |
Monday, January 1, 2018 | 2106300000 | 4214000000 |
Tuesday, January 1, 2019 | 2374700000 | 3806000000 |
Wednesday, January 1, 2020 | 2504500000 | 3671000000 |
Friday, January 1, 2021 | 2674300000 | 3528000000 |
Saturday, January 1, 2022 | 2403600000 | 3445000000 |
Sunday, January 1, 2023 | 2549700000 | 3498000000 |
Monday, January 1, 2024 | 2403700000 | 3702000000 |
Unveiling the hidden dimensions of data
In the ever-evolving pharmaceutical industry, understanding the financial strategies of major players is crucial. This analysis focuses on the Selling, General, and Administrative (SG&A) expenses of Teva Pharmaceutical Industries Limited and Biogen Inc. from 2014 to 2023. Over this period, Teva's SG&A expenses have seen a significant decline of approximately 31%, from $5.08 billion in 2014 to $3.50 billion in 2023. This reduction reflects Teva's strategic cost-cutting measures amidst challenging market conditions.
Conversely, Biogen's SG&A expenses have shown a more stable trend, with a modest increase of about 14% over the same period, peaking at $2.67 billion in 2021. This stability suggests a consistent investment in marketing and administrative functions, aligning with Biogen's focus on maintaining its market position. These contrasting trends highlight the diverse financial strategies employed by these pharmaceutical giants in response to industry dynamics.
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