Vertex Pharmaceuticals Incorporated and Amneal Pharmaceuticals, Inc.: SG&A Spending Patterns Compared

Vertex vs. Amneal: A Decade of SG&A Spending Trends

__timestampAmneal Pharmaceuticals, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 201484615000305409000
Thursday, January 1, 2015109679000377080000
Friday, January 1, 2016118757000432829000
Sunday, January 1, 2017109046000496079000
Monday, January 1, 2018230435000557616000
Tuesday, January 1, 2019289598000658498000
Wednesday, January 1, 2020326727000770456000
Friday, January 1, 2021365504000840100000
Saturday, January 1, 2022399700000944700000
Sunday, January 1, 20234296750001136600000
Monday, January 1, 20241464300000
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In pursuit of knowledge

SG&A Spending Trends: Vertex vs. Amneal

In the competitive landscape of pharmaceuticals, understanding spending patterns is crucial. Over the past decade, Vertex Pharmaceuticals Incorporated and Amneal Pharmaceuticals, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Vertex's SG&A expenses surged by approximately 272%, reflecting its aggressive growth strategy and market expansion. In contrast, Amneal's expenses increased by about 408%, indicating its efforts to scale operations and enhance market presence.

Key Insights

  • Vertex Pharmaceuticals: Starting at 305 million in 2014, Vertex's SG&A expenses reached over 1.1 billion by 2023, showcasing a consistent upward trend.
  • Amneal Pharmaceuticals: With a more modest beginning of 85 million in 2014, Amneal's expenses climbed to 430 million in 2023, highlighting significant growth.

These trends underscore the dynamic nature of the pharmaceutical industry, where strategic spending is pivotal for sustained growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025