Who Optimizes SG&A Costs Better? Merck & Co., Inc. or ACADIA Pharmaceuticals Inc.

Merck vs. ACADIA: A Decade of SG&A Cost Strategies

__timestampACADIA Pharmaceuticals Inc.Merck & Co., Inc.
Wednesday, January 1, 20143274800011606000000
Thursday, January 1, 20159080400010313000000
Friday, January 1, 20161864560009762000000
Sunday, January 1, 20172550620009830000000
Monday, January 1, 201826575800010102000000
Tuesday, January 1, 201932563800010615000000
Wednesday, January 1, 20203886610008955000000
Friday, January 1, 20213960280009634000000
Saturday, January 1, 202236909000010042000000
Sunday, January 1, 202340246600010504000000
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Unleashing insights

Optimizing SG&A Costs: A Tale of Two Pharmaceutical Giants

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Merck & Co., Inc. and ACADIA Pharmaceuticals Inc. have taken different paths in optimizing these costs. From 2014 to 2023, Merck's SG&A expenses have shown a slight decline, averaging around $10 billion annually, with a notable dip in 2020. This suggests a strategic focus on cost efficiency, possibly driven by operational streamlining.

Conversely, ACADIA Pharmaceuticals has seen a steady increase in SG&A expenses, growing from approximately $33 million in 2014 to over $400 million in 2023. This 12-fold increase reflects ACADIA's aggressive expansion and investment in marketing and administrative capabilities. As these companies continue to evolve, their SG&A strategies will be pivotal in shaping their financial futures.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025