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

SG&A Cost Optimization: Merck vs. Intra-Cellular

__timestampIntra-Cellular Therapies, Inc.Merck & Co., Inc.
Wednesday, January 1, 20141033767911606000000
Thursday, January 1, 20151818728610313000000
Friday, January 1, 2016247580639762000000
Sunday, January 1, 2017236669579830000000
Monday, January 1, 20183009985510102000000
Tuesday, January 1, 20196494762510615000000
Wednesday, January 1, 20201863634448955000000
Friday, January 1, 20212726110409634000000
Saturday, January 1, 202235878200010042000000
Sunday, January 1, 202340986400010504000000
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Unlocking the unknown

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, Merck & Co., Inc. and Intra-Cellular Therapies, Inc. have taken different paths in optimizing these costs. From 2014 to 2023, Merck's SG&A expenses have shown a slight decline, dropping by approximately 10% from their peak in 2014. This indicates a strategic focus on cost efficiency, despite their large scale. In contrast, Intra-Cellular Therapies has seen a significant increase in SG&A expenses, rising nearly 40 times over the same period. This surge reflects their aggressive growth strategy and investment in market expansion. While Merck's approach highlights stability and efficiency, Intra-Cellular's strategy underscores the challenges and opportunities of scaling up. Understanding these trends offers valuable insights into the financial strategies of leading pharmaceutical companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025