Who Optimizes SG&A Costs Better? Novo Nordisk A/S or Ultragenyx Pharmaceutical Inc.

SG&A Cost Management: Novo Nordisk vs. Ultragenyx

__timestampNovo Nordisk A/SUltragenyx Pharmaceutical Inc.
Wednesday, January 1, 20142676000000010811000
Thursday, January 1, 20153216900000033001000
Friday, January 1, 20163233900000064936000
Sunday, January 1, 20173212400000099909000
Monday, January 1, 201833313000000127724000
Tuesday, January 1, 201935830000000161524000
Wednesday, January 1, 202036886000000182933000
Friday, January 1, 202141058000000219982000
Saturday, January 1, 202250684000000278139000
Sunday, January 1, 202361598000000309799000
Monday, January 1, 202467377000000
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Unveiling the hidden dimensions of data

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. Novo Nordisk A/S and Ultragenyx Pharmaceutical Inc. offer a fascinating study in contrasts. Over the past decade, Novo Nordisk has consistently maintained a robust SG&A strategy, with expenses growing from approximately 27 billion in 2014 to 62 billion in 2023, reflecting a strategic expansion. In contrast, Ultragenyx's SG&A expenses have increased from a modest 11 million to 310 million over the same period, indicating a more cautious growth trajectory. While Novo Nordisk's expenses have surged by over 130%, Ultragenyx has seen a staggering increase of nearly 2700%, albeit from a much smaller base. This data highlights the differing scales and strategies of these two companies, offering insights into their operational efficiencies and market approaches.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025