Who Optimizes SG&A Costs Better? Gilead Sciences, Inc. or Intra-Cellular Therapies, Inc.

SG&A Cost Management: Gilead vs. Intra-Cellular

__timestampGilead Sciences, Inc.Intra-Cellular Therapies, Inc.
Wednesday, January 1, 2014298300000010337679
Thursday, January 1, 2015342600000018187286
Friday, January 1, 2016339800000024758063
Sunday, January 1, 2017387800000023666957
Monday, January 1, 2018405600000030099855
Tuesday, January 1, 2019438100000064947625
Wednesday, January 1, 20205151000000186363444
Friday, January 1, 20215246000000272611040
Saturday, January 1, 20225673000000358782000
Sunday, January 1, 20236090000000409864000
Monday, January 1, 20246091000000
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Optimizing SG&A Costs: A Tale of Two Biotech Giants

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Gilead Sciences, Inc. and Intra-Cellular Therapies, Inc. have demonstrated contrasting approaches to SG&A cost management.

From 2014 to 2023, Gilead Sciences saw a steady increase in SG&A expenses, rising by approximately 104%, from $2.98 billion to $6.09 billion. This reflects their expansive growth strategy and investment in administrative capabilities. In contrast, Intra-Cellular Therapies, while starting with significantly lower SG&A costs, experienced a dramatic increase of nearly 3,900%, from $10.34 million to $409.86 million. This surge highlights their aggressive scaling efforts in a competitive market.

Understanding these trends provides valuable insights into how these companies balance growth with operational efficiency, offering lessons for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025