Who Optimizes SG&A Costs Better? Bristol-Myers Squibb Company or Ascendis Pharma A/S

SG&A Cost Management: Bristol-Myers vs. Ascendis Pharma

__timestampAscendis Pharma A/SBristol-Myers Squibb Company
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In pursuit of knowledge

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Bristol-Myers Squibb Company and Ascendis Pharma A/S have taken different paths in optimizing these costs.

Bristol-Myers Squibb, a giant in the industry, has consistently maintained high SG&A expenses, peaking at approximately $7.8 billion in 2022. This reflects their expansive operations and significant market presence. However, their SG&A costs have shown a modest increase of about 37% from 2014 to 2023.

In contrast, Ascendis Pharma A/S, a smaller player, has seen a dramatic rise in SG&A expenses, skyrocketing by over 4,100% from 2014 to 2023. This surge indicates their aggressive expansion and investment in growth.

Understanding these trends offers valuable insights into how companies of different scales manage their operational costs in a dynamic market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025