Teva Pharmaceutical Industries Limited vs Biogen Inc.: SG&A Expense Trends

Teva vs. Biogen: A Decade of SG&A Expense Strategies

__timestampBiogen Inc.Teva Pharmaceutical Industries Limited
Wednesday, January 1, 201422323420005078000000
Thursday, January 1, 201521131000004717000000
Friday, January 1, 201619479000005096000000
Sunday, January 1, 201719355000004986000000
Monday, January 1, 201821063000004214000000
Tuesday, January 1, 201923747000003806000000
Wednesday, January 1, 202025045000003671000000
Friday, January 1, 202126743000003528000000
Saturday, January 1, 202224036000003445000000
Sunday, January 1, 202325497000003498000000
Monday, January 1, 202424037000003702000000
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Unveiling the hidden dimensions of data

SG&A Expense Trends: Teva vs. Biogen

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025