__timestamp | Pharming Group N.V. | argenx SE |
---|---|---|
Wednesday, January 1, 2014 | 4042025 | 4241601.57 |
Thursday, January 1, 2015 | 5279557 | 5392385.38 |
Friday, January 1, 2016 | 8073913 | 7370036.73 |
Sunday, January 1, 2017 | 44864073 | 14970357 |
Monday, January 1, 2018 | 53488904 | 31413266 |
Tuesday, January 1, 2019 | 65896361 | 72279461 |
Wednesday, January 1, 2020 | 69968267 | 183907682 |
Friday, January 1, 2021 | 92047281 | 307644000 |
Saturday, January 1, 2022 | 131819000 | 472132000 |
Sunday, January 1, 2023 | 87501000 | 709539000 |
Unleashing the power of data
In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for sustaining growth and innovation. Over the past decade, argenx SE and Pharming Group N.V. have taken distinct paths in optimizing these costs. From 2014 to 2023, argenx SE's SG&A expenses surged by over 16,600%, reflecting its aggressive expansion strategy. In contrast, Pharming Group N.V. saw a more modest increase of approximately 2,100%, indicating a more conservative approach.
In 2014, both companies started with similar SG&A expenses, but by 2023, argenx SE's costs had outpaced Pharming Group N.V. by a factor of eight. This divergence highlights argenx SE's focus on rapid growth, while Pharming Group N.V. maintained a steadier course. As these companies continue to evolve, their financial strategies will play a pivotal role in their future success.
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