TG Therapeutics, Inc. or Amphastar Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

Biopharma SG&A: Amphastar vs. TG Therapeutics

__timestampAmphastar Pharmaceuticals, Inc.TG Therapeutics, Inc.
Wednesday, January 1, 20144037300024518692
Thursday, January 1, 20154697400019886580
Friday, January 1, 20164729800012631689
Sunday, January 1, 20175091800021977998
Monday, January 1, 20185804400020759000
Tuesday, January 1, 20196310900020838000
Wednesday, January 1, 202065157000121812000
Friday, January 1, 202168920000152137000
Saturday, January 1, 20226659200083231000
Sunday, January 1, 202380393000122706000
Loading chart...

Data in motion

Managing SG&A Costs: A Tale of Two Biopharma Companies

In the competitive world of biopharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Amphastar Pharmaceuticals, Inc. and TG Therapeutics, Inc. have taken different paths in this regard over the past decade. From 2014 to 2023, Amphastar's SG&A expenses grew steadily, peaking at approximately 80 million in 2023, marking a 99% increase from 2014. In contrast, TG Therapeutics saw a dramatic rise, with expenses surging by nearly 400% to around 123 million in the same period. This stark difference highlights TG Therapeutics' aggressive expansion strategy, while Amphastar's more controlled growth reflects a focus on operational efficiency. As investors and industry analysts look to the future, these trends offer valuable insights into each company's strategic priorities and financial health.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025