__timestamp | Blueprint Medicines Corporation | Dr. Reddy's Laboratories Limited |
---|---|---|
Wednesday, January 1, 2014 | 7890000 | 38783000000 |
Thursday, January 1, 2015 | 14456000 | 42585000000 |
Friday, January 1, 2016 | 19218000 | 45702000000 |
Sunday, January 1, 2017 | 27986000 | 46372000000 |
Monday, January 1, 2018 | 47928000 | 46910000000 |
Tuesday, January 1, 2019 | 96388000 | 48890000000 |
Wednesday, January 1, 2020 | 157743000 | 50129000000 |
Friday, January 1, 2021 | 195293000 | 54559000000 |
Saturday, January 1, 2022 | 237374000 | 62081000000 |
Sunday, January 1, 2023 | 295141000 | 105931000000 |
Monday, January 1, 2024 | 359272000 | 77201000000 |
Igniting the spark of knowledge
In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Dr. Reddy's Laboratories Limited and Blueprint Medicines Corporation, two giants in the industry, showcase contrasting strategies in this domain. Over the past decade, Dr. Reddy's has consistently maintained higher SG&A expenses, peaking at approximately 106 billion in 2023, reflecting its expansive global operations. In contrast, Blueprint Medicines, a relatively newer player, has seen a steady increase in SG&A costs, rising from 7.9 million in 2014 to nearly 295 million in 2023. This 37-fold increase highlights its aggressive growth strategy. While Dr. Reddy's focuses on sustaining its market position, Blueprint Medicines is investing heavily in expansion. The data from 2014 to 2023 reveals a fascinating narrative of growth and strategic financial management, with each company navigating its unique path in the pharmaceutical landscape.
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