Who Optimizes SG&A Costs Better? Vertex Pharmaceuticals Incorporated or United Therapeutics Corporation

Biotech Giants' SG&A Strategies: Stability vs. Expansion

__timestampUnited Therapeutics CorporationVertex Pharmaceuticals Incorporated
Wednesday, January 1, 2014381287000305409000
Thursday, January 1, 2015452612000377080000
Friday, January 1, 2016316800000432829000
Sunday, January 1, 2017330100000496079000
Monday, January 1, 2018265800000557616000
Tuesday, January 1, 2019336200000658498000
Wednesday, January 1, 2020423900000770456000
Friday, January 1, 2021467000000840100000
Saturday, January 1, 2022487000000944700000
Sunday, January 1, 20234771000001136600000
Monday, January 1, 20241464300000
Loading chart...

Data in motion

Optimizing SG&A Costs: A Tale of Two Biotech Giants

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Vertex Pharmaceuticals Incorporated and United Therapeutics Corporation have showcased contrasting strategies in optimizing these costs. From 2014 to 2023, Vertex Pharmaceuticals saw a significant increase in SG&A expenses, rising by approximately 272%, from $305 million to over $1.1 billion. In contrast, United Therapeutics maintained a more stable trajectory, with a modest 25% increase, from $381 million to $477 million.

This data highlights Vertex's aggressive expansion and investment in administrative capabilities, while United Therapeutics appears to focus on cost efficiency. As the biotech industry continues to evolve, these strategies will play a pivotal role in shaping the financial health and competitive edge of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025