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

SG&A Cost Management: Amneal vs. Verona

__timestampAmneal Pharmaceuticals, Inc.Verona Pharma plc
Wednesday, January 1, 2014846150001802274
Thursday, January 1, 20151096790002512761
Friday, January 1, 20161187570002894488
Sunday, January 1, 20171090460008096274
Monday, January 1, 20182304350007985229
Tuesday, January 1, 20192895980008994597
Wednesday, January 1, 202032672700029772000
Friday, January 1, 202136550400033907000
Saturday, January 1, 202239970000026579000
Sunday, January 1, 202342967500049868547
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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. From 2014 to 2023, Amneal Pharmaceuticals, Inc. and Verona Pharma plc have taken distinct paths in optimizing these costs. Amneal's SG&A expenses have surged by over 400%, peaking at approximately $430 million in 2023. This reflects their aggressive expansion strategy. In contrast, Verona Pharma has maintained a more conservative approach, with a modest increase of around 2,700% over the same period, reaching nearly $50 million in 2023. This stark difference highlights Verona's focus on lean operations, while Amneal invests heavily in growth. Understanding these strategies offers valuable insights into how pharmaceutical companies balance cost management with market expansion.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025