Who Optimizes SG&A Costs Better? Sanofi or Viridian Therapeutics, Inc.

Sanofi vs. Viridian: A Decade of SG&A Cost Management

__timestampSanofiViridian Therapeutics, Inc.
Wednesday, January 1, 201485650000007751000
Thursday, January 1, 2015949600000010251000
Friday, January 1, 201695920000009575000
Sunday, January 1, 20171016400000010912000
Monday, January 1, 2018993400000011049000
Tuesday, January 1, 2019988300000011646000
Wednesday, January 1, 2020939000000013265000
Friday, January 1, 2021955500000025805000
Saturday, January 1, 20221053900000035182000
Sunday, January 1, 20231076500000094999000
Monday, January 1, 20249183000000
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Unleashing insights

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, Sanofi and Viridian Therapeutics, Inc. have taken different paths in optimizing these costs. Sanofi, a global leader, has consistently maintained high SG&A expenses, averaging around $9.8 billion annually. In contrast, Viridian Therapeutics, a smaller player, has kept its SG&A costs significantly lower, averaging just $23 million per year.

From 2014 to 2023, Sanofi's SG&A expenses grew by approximately 26%, while Viridian's expenses surged by over 1,100%, reflecting its rapid expansion. Despite this growth, Viridian's expenses remain a fraction of Sanofi's, highlighting its lean operational model. This comparison underscores the diverse strategies companies employ to manage costs, with Sanofi leveraging scale and Viridian focusing on agility.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025