| __timestamp | MiMedx Group, Inc. | MorphoSys AG |
|---|---|---|
| Wednesday, January 1, 2014 | 90480000 | 9689000 |
| Thursday, January 1, 2015 | 133384000 | 10431000 |
| Friday, January 1, 2016 | 179997000 | 9618000 |
| Sunday, January 1, 2017 | 220119000 | 12348000 |
| Monday, January 1, 2018 | 258528000 | 28310241 |
| Tuesday, January 1, 2019 | 198205000 | 59336147 |
| Wednesday, January 1, 2020 | 181022000 | 159145941 |
| Friday, January 1, 2021 | 198359000 | 199800000 |
| Saturday, January 1, 2022 | 208789000 | 90225000 |
| Sunday, January 1, 2023 | 211124000 | 92538000 |
Unveiling the hidden dimensions of data
In the competitive world of biotechnology and medical devices, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, MorphoSys AG and MiMedx Group, Inc. have taken different paths in optimizing these costs. From 2014 to 2023, MiMedx Group, Inc. consistently reported higher SG&A expenses, peaking in 2018 with a 185% increase from 2014. In contrast, MorphoSys AG maintained a more conservative approach, with expenses rising by approximately 855% over the same period, reflecting strategic investments in growth. Notably, in 2021, MorphoSys AG's SG&A expenses nearly matched MiMedx's, indicating a shift in their financial strategy. This data highlights the dynamic nature of cost management in the industry, where companies must balance operational efficiency with growth ambitions.
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