Who Optimizes SG&A Costs Better? Verona Pharma plc or MorphoSys AG

SG&A Cost Management: MorphoSys vs. Verona Pharma

__timestampMorphoSys AGVerona Pharma plc
Wednesday, January 1, 201496890001802274
Thursday, January 1, 2015104310002512761
Friday, January 1, 201696180002894488
Sunday, January 1, 2017123480008096274
Monday, January 1, 2018283102417985229
Tuesday, January 1, 2019593361478994597
Wednesday, January 1, 202015914594129772000
Friday, January 1, 202119980000033907000
Saturday, January 1, 20229022500026579000
Sunday, January 1, 20239253800049868547
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In pursuit of knowledge

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, MorphoSys AG and Verona Pharma plc have taken different paths in optimizing these costs. From 2014 to 2023, MorphoSys AG's SG&A expenses surged by over 850%, peaking in 2021. In contrast, Verona Pharma plc maintained a more conservative growth, with expenses increasing by approximately 2,670% during the same period.

A Closer Look

MorphoSys AG's expenses reached their zenith in 2021, reflecting strategic investments in growth. Meanwhile, Verona Pharma plc's expenses saw a significant jump in 2023, indicating a potential shift in strategy. This data highlights the contrasting approaches of these two companies in managing operational costs, offering valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025