Verona Pharma plc vs Amphastar Pharmaceuticals, Inc.: SG&A Expense Trends

SG&A Expenses: Verona vs Amphastar, 2014-2023

__timestampAmphastar Pharmaceuticals, Inc.Verona Pharma plc
Wednesday, January 1, 2014403730001802274
Thursday, January 1, 2015469740002512761
Friday, January 1, 2016472980002894488
Sunday, January 1, 2017509180008096274
Monday, January 1, 2018580440007985229
Tuesday, January 1, 2019631090008994597
Wednesday, January 1, 20206515700029772000
Friday, January 1, 20216892000033907000
Saturday, January 1, 20226659200026579000
Sunday, January 1, 20238039300049868547
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Data in motion

SG&A Expense Trends: Verona Pharma plc vs Amphastar Pharmaceuticals, Inc.

In the competitive landscape of pharmaceuticals, understanding the financial dynamics of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Verona Pharma plc and Amphastar Pharmaceuticals, Inc. from 2014 to 2023. Over this period, Amphastar Pharmaceuticals consistently outpaced Verona Pharma in SG&A spending, with an average annual expense of approximately $58.8 million, peaking at $80.4 million in 2023. In contrast, Verona Pharma's SG&A expenses grew significantly, from a modest $1.8 million in 2014 to nearly $49.9 million in 2023, marking a staggering increase of over 2600%. This trend highlights Verona Pharma's aggressive expansion and investment in administrative capabilities. Such financial insights are pivotal for investors and stakeholders aiming to gauge the strategic priorities and operational scale of these pharmaceutical giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025