Who Optimizes SG&A Costs Better? Viatris Inc. or CRISPR Therapeutics AG

SG&A Cost Management: Viatris vs. CRISPR Therapeutics

__timestampCRISPR Therapeutics AGViatris Inc.
Wednesday, January 1, 201451140001499100000
Thursday, January 1, 2015134030001923500000
Friday, January 1, 2016310560002351400000
Sunday, January 1, 2017358450002564000000
Monday, January 1, 2018482940002397300000
Tuesday, January 1, 2019634880002503400000
Wednesday, January 1, 2020882080003344600000
Friday, January 1, 20211028020004529200000
Saturday, January 1, 20221024640004179100000
Sunday, January 1, 2023761620004650100000
Monday, January 1, 202472977000
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Igniting the spark of knowledge

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive landscape of the pharmaceutical and biotechnology sectors, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Viatris Inc. and CRISPR Therapeutics AG have taken distinct paths in optimizing these costs.

From 2014 to 2023, Viatris Inc. consistently reported higher SG&A expenses, peaking at approximately $4.65 billion in 2023. This represents a significant increase of over 200% from their 2014 figures. In contrast, CRISPR Therapeutics AG, a smaller player, saw its SG&A expenses grow from around $5 million in 2014 to nearly $76 million in 2023, marking a 1,400% increase.

While Viatris Inc. manages larger absolute costs, CRISPR Therapeutics AG's rapid growth in expenses reflects its aggressive expansion strategy. Understanding these trends offers valuable insights into each company's operational strategies and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025