__timestamp | ADMA Biologics, Inc. | United Therapeutics Corporation |
---|---|---|
Wednesday, January 1, 2014 | 4823869 | 381287000 |
Thursday, January 1, 2015 | 6745968 | 452612000 |
Friday, January 1, 2016 | 8494742 | 316800000 |
Sunday, January 1, 2017 | 18092835 | 330100000 |
Monday, January 1, 2018 | 22502922 | 265800000 |
Tuesday, January 1, 2019 | 25910757 | 336200000 |
Wednesday, January 1, 2020 | 35050817 | 423900000 |
Friday, January 1, 2021 | 42896889 | 467000000 |
Saturday, January 1, 2022 | 52458024 | 487000000 |
Sunday, January 1, 2023 | 59020000 | 477100000 |
Unveiling the hidden dimensions of data
In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Over the past decade, United Therapeutics Corporation and ADMA Biologics, Inc. have taken different paths in optimizing these costs. From 2014 to 2023, United Therapeutics consistently maintained higher SG&A expenses, peaking at approximately $487 million in 2022. In contrast, ADMA Biologics, with a more modest budget, saw its SG&A expenses grow from around $4.8 million in 2014 to nearly $59 million in 2023.
Despite the disparity in absolute numbers, both companies have shown a commitment to strategic spending. United Therapeutics' expenses grew by about 25% over the period, while ADMA Biologics experienced a staggering increase of over 1,100%. This data highlights the diverse strategies employed by biotech firms in managing operational costs, reflecting their unique market positions and growth trajectories.
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