Who Optimizes SG&A Costs Better? Verona Pharma plc or Agios Pharmaceuticals, Inc.

SG&A Cost Management: Agios vs. Verona

__timestampAgios Pharmaceuticals, Inc.Verona Pharma plc
Wednesday, January 1, 2014191200001802274
Thursday, January 1, 2015359920002512761
Friday, January 1, 2016507140002894488
Sunday, January 1, 2017711240008096274
Monday, January 1, 20181141450007985229
Tuesday, January 1, 20191320340008994597
Wednesday, January 1, 202014907000029772000
Friday, January 1, 202112144500033907000
Saturday, January 1, 202212167300026579000
Sunday, January 1, 202311990300049868547
Monday, January 1, 2024156784000
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Infusing magic into the data realm

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, Agios Pharmaceuticals, Inc. and Verona Pharma plc have taken different paths in optimizing these costs. From 2014 to 2023, Agios Pharmaceuticals saw a steady increase in SG&A expenses, peaking in 2020 with a 680% rise from 2014. Meanwhile, Verona Pharma maintained a more conservative approach, with a notable spike in 2023, reaching 27 times their 2014 expenses. This divergence highlights Agios's aggressive growth strategy, while Verona's recent surge suggests a strategic pivot. As the industry evolves, these trends offer insights into how companies balance growth with cost management, a critical factor for investors and stakeholders alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025