Who Optimizes SG&A Costs Better? Teva Pharmaceutical Industries Limited or Dynavax Technologies Corporation

Teva vs. Dynavax: A Decade of SG&A Cost Strategies

__timestampDynavax Technologies CorporationTeva Pharmaceutical Industries Limited
Wednesday, January 1, 2014177630005078000000
Thursday, January 1, 2015221800004717000000
Friday, January 1, 2016372570005096000000
Sunday, January 1, 2017273670004986000000
Monday, January 1, 2018647700004214000000
Tuesday, January 1, 2019749860003806000000
Wednesday, January 1, 2020792560003671000000
Friday, January 1, 20211001560003528000000
Saturday, January 1, 20221314080003445000000
Sunday, January 1, 20231529460003498000000
Monday, January 1, 20243702000000
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Infusing magic into the data realm

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive pharmaceutical industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Teva Pharmaceutical Industries Limited and Dynavax Technologies Corporation have taken different paths in optimizing these costs. From 2014 to 2023, Teva's SG&A expenses decreased by approximately 31%, reflecting a strategic focus on cost efficiency. In contrast, Dynavax saw a significant increase of over 760% in the same period, indicating a potential investment in growth and expansion.

Teva's peak SG&A expenses in 2014 were nearly 5.1 billion, while Dynavax started at a modest 17.8 million. By 2023, Dynavax's expenses rose to 153 million, still a fraction of Teva's 3.5 billion. This divergence highlights the different strategies employed by these companies in navigating the pharmaceutical landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025