Vertex Pharmaceuticals Incorporated and Teva Pharmaceutical Industries Limited: SG&A Spending Patterns Compared

Vertex vs. Teva: A Decade of SG&A Spending Shifts

__timestampTeva Pharmaceutical Industries LimitedVertex Pharmaceuticals Incorporated
Wednesday, January 1, 20145078000000305409000
Thursday, January 1, 20154717000000377080000
Friday, January 1, 20165096000000432829000
Sunday, January 1, 20174986000000496079000
Monday, January 1, 20184214000000557616000
Tuesday, January 1, 20193806000000658498000
Wednesday, January 1, 20203671000000770456000
Friday, January 1, 20213528000000840100000
Saturday, January 1, 20223445000000944700000
Sunday, January 1, 202334980000001136600000
Monday, January 1, 202437020000001464300000
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SG&A Spending Patterns: Vertex vs. Teva

In the competitive landscape of pharmaceuticals, understanding spending patterns is crucial. Over the past decade, Vertex Pharmaceuticals Incorporated and Teva Pharmaceutical Industries Limited have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Teva's SG&A expenses have seen a significant decline of approximately 31%, dropping from $5.08 billion to $3.50 billion. This reduction reflects Teva's strategic cost-cutting measures amidst industry challenges. Conversely, Vertex has demonstrated a robust growth trajectory, with SG&A expenses surging by nearly 272%, from $305 million to $1.14 billion. This increase underscores Vertex's aggressive expansion and investment in innovation. These divergent paths highlight the dynamic strategies employed by pharmaceutical giants to navigate market demands and sustain growth. As the industry evolves, monitoring these financial strategies offers valuable insights into the future of pharmaceutical leadership.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025