Who Optimizes SG&A Costs Better? Merck & Co., Inc. or Viking Therapeutics, Inc.

Merck vs. Viking: SG&A Cost Management Showdown

__timestampMerck & Co., Inc.Viking Therapeutics, Inc.
Wednesday, January 1, 2014116060000001244910
Thursday, January 1, 2015103130000005029636
Friday, January 1, 201697620000004846776
Sunday, January 1, 201798300000005329003
Monday, January 1, 2018101020000007121000
Tuesday, January 1, 2019106150000009128000
Wednesday, January 1, 2020895500000010731000
Friday, January 1, 2021963400000010701000
Saturday, January 1, 20221004200000016121000
Sunday, January 1, 20231050400000037021000
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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. From 2014 to 2023, Merck & Co., Inc. and Viking Therapeutics, Inc. have taken distinct paths in optimizing these costs. Merck, a giant in the industry, consistently reported SG&A expenses in the range of $9 billion to $11 billion annually. Despite the high figures, Merck's expenses have shown a stable trend, reflecting its robust operational strategies.

On the other hand, Viking Therapeutics, a smaller player, has demonstrated a remarkable growth trajectory. Starting with SG&A expenses of just over $1 million in 2014, Viking's costs surged to nearly $37 million by 2023, indicating a strategic expansion phase. This 2900% increase highlights Viking's aggressive market positioning. 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