Who Optimizes SG&A Costs Better? Teva Pharmaceutical Industries Limited or PTC Therapeutics, Inc.

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

__timestampPTC Therapeutics, Inc.Teva Pharmaceutical Industries Limited
Wednesday, January 1, 2014448200005078000000
Thursday, January 1, 2015820800004717000000
Friday, January 1, 2016971300005096000000
Sunday, January 1, 20171212710004986000000
Monday, January 1, 20181535480004214000000
Tuesday, January 1, 20192025410003806000000
Wednesday, January 1, 20202451640003671000000
Friday, January 1, 20212857730003528000000
Saturday, January 1, 20223259980003445000000
Sunday, January 1, 20233325400003498000000
Monday, January 1, 20243702000000
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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, Teva Pharmaceutical Industries Limited and PTC Therapeutics, Inc. have taken different paths in optimizing these costs.

A Decade of Trends

From 2014 to 2023, Teva's SG&A expenses have seen a significant reduction of approximately 31%, from $5.08 billion to $3.50 billion. This reflects a strategic focus on cost efficiency. In contrast, PTC Therapeutics has experienced a sevenfold increase in SG&A expenses, from $44.82 million to $332.54 million, indicating aggressive expansion and investment in growth.

The Bigger Picture

While Teva's cost-cutting measures highlight a mature company's focus on efficiency, PTC's rising expenses suggest a growth-oriented strategy. Investors and analysts should consider these trends when evaluating the financial health and strategic direction of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025