Teva Pharmaceutical Industries Limited vs Viking Therapeutics, Inc.: SG&A Expense Trends

Teva vs. Viking: A Decade of SG&A Expense Shifts

__timestampTeva Pharmaceutical Industries LimitedViking Therapeutics, Inc.
Wednesday, January 1, 201450780000001244910
Thursday, January 1, 201547170000005029636
Friday, January 1, 201650960000004846776
Sunday, January 1, 201749860000005329003
Monday, January 1, 201842140000007121000
Tuesday, January 1, 201938060000009128000
Wednesday, January 1, 2020367100000010731000
Friday, January 1, 2021352800000010701000
Saturday, January 1, 2022344500000016121000
Sunday, January 1, 2023349800000037021000
Monday, January 1, 20243702000000
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Cracking the code

SG&A Expense Trends: Teva vs. Viking

In the ever-evolving pharmaceutical industry, understanding the financial dynamics of key players is crucial. Over the past decade, Teva Pharmaceutical Industries Limited and Viking Therapeutics, Inc. have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses.

Teva's Decline

Teva, a giant in the pharmaceutical sector, has seen a significant reduction in its SG&A expenses, dropping by approximately 32% from 2014 to 2023. This decline reflects strategic cost-cutting measures and a focus on operational efficiency.

Viking's Growth

Conversely, Viking Therapeutics, a smaller yet dynamic player, has experienced a remarkable increase in SG&A expenses, growing nearly 29 times over the same period. This surge indicates aggressive expansion and investment in marketing and administrative capabilities.

Conclusion

These trends highlight the diverse strategies employed by pharmaceutical companies to navigate market challenges and opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025