__timestamp | Amgen Inc. | Dr. Reddy's Laboratories Limited |
---|---|---|
Wednesday, January 1, 2014 | 4699000000 | 38783000000 |
Thursday, January 1, 2015 | 4846000000 | 42585000000 |
Friday, January 1, 2016 | 5062000000 | 45702000000 |
Sunday, January 1, 2017 | 4870000000 | 46372000000 |
Monday, January 1, 2018 | 5332000000 | 46910000000 |
Tuesday, January 1, 2019 | 5150000000 | 48890000000 |
Wednesday, January 1, 2020 | 5730000000 | 50129000000 |
Friday, January 1, 2021 | 5368000000 | 54559000000 |
Saturday, January 1, 2022 | 5414000000 | 62081000000 |
Sunday, January 1, 2023 | 6179000000 | 105931000000 |
Monday, January 1, 2024 | 7096000000 | 77201000000 |
In pursuit of knowledge
In the ever-evolving pharmaceutical industry, understanding the financial strategies of leading companies is crucial. Over the past decade, Amgen Inc. and Dr. Reddy's Laboratories Limited have showcased distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Amgen's SG&A expenses have seen a steady increase, peaking at approximately $6.2 billion in 2023, marking a 31% rise from 2014. In contrast, Dr. Reddy's Laboratories experienced a more dramatic surge, with expenses skyrocketing by 173% to over $105 billion in 2023. This stark difference highlights the diverse strategic approaches of these pharmaceutical giants. While Amgen's growth appears consistent, Dr. Reddy's Laboratories' expenses reflect a more aggressive expansion strategy. Notably, data for 2024 is incomplete, indicating potential shifts in these trends. Stay tuned as we continue to monitor these financial dynamics.
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