Who Optimizes SG&A Costs Better? Verona Pharma plc or Bausch Health Companies Inc.

SG&A Cost Management: Bausch Health vs. Verona Pharma

__timestampBausch Health Companies Inc.Verona Pharma plc
Wednesday, January 1, 201420263000001802274
Thursday, January 1, 201526827000002512761
Friday, January 1, 201628100000002894488
Sunday, January 1, 201725820000008096274
Monday, January 1, 201824730000007985229
Tuesday, January 1, 201925540000008994597
Wednesday, January 1, 2020236700000029772000
Friday, January 1, 2021262400000033907000
Saturday, January 1, 2022262500000026579000
Sunday, January 1, 2023291700000049868547
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Unleashing insights

Optimizing SG&A: A Tale of Two Companies

In the competitive landscape of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Bausch Health Companies Inc. and Verona Pharma plc, two prominent players, showcase contrasting strategies over the past decade. From 2014 to 2023, Bausch Health consistently reported SG&A expenses averaging around $2.57 billion annually, reflecting a stable yet high-cost structure. In contrast, Verona Pharma's expenses, though significantly lower, have shown a dramatic increase, rising from approximately $1.8 million in 2014 to nearly $50 million in 2023. This represents a staggering growth of over 2600%, indicating aggressive expansion or increased operational costs. While Bausch Health's expenses peaked in 2023, Verona's rapid rise suggests a strategic shift. Understanding these trends offers insights into each company's operational focus and financial health, providing valuable lessons in cost management and strategic planning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025