__timestamp | Merck & Co., Inc. | Viking Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 11606000000 | 1244910 |
Thursday, January 1, 2015 | 10313000000 | 5029636 |
Friday, January 1, 2016 | 9762000000 | 4846776 |
Sunday, January 1, 2017 | 9830000000 | 5329003 |
Monday, January 1, 2018 | 10102000000 | 7121000 |
Tuesday, January 1, 2019 | 10615000000 | 9128000 |
Wednesday, January 1, 2020 | 8955000000 | 10731000 |
Friday, January 1, 2021 | 9634000000 | 10701000 |
Saturday, January 1, 2022 | 10042000000 | 16121000 |
Sunday, January 1, 2023 | 10504000000 | 37021000 |
Infusing magic into the data realm
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.
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