Operational Costs Compared: SG&A Analysis of Vertex Pharmaceuticals Incorporated and Intra-Cellular Therapies, Inc.

SG&A Expenses: Vertex vs. Intra-Cellular Therapies

__timestampIntra-Cellular Therapies, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 201410337679305409000
Thursday, January 1, 201518187286377080000
Friday, January 1, 201624758063432829000
Sunday, January 1, 201723666957496079000
Monday, January 1, 201830099855557616000
Tuesday, January 1, 201964947625658498000
Wednesday, January 1, 2020186363444770456000
Friday, January 1, 2021272611040840100000
Saturday, January 1, 2022358782000944700000
Sunday, January 1, 20234098640001136600000
Monday, January 1, 20241464300000
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Unleashing insights

A Decade of SG&A Evolution in Biopharma

Vertex Pharmaceuticals vs. Intra-Cellular Therapies

Over the past decade, the biopharmaceutical industry has witnessed significant shifts in operational costs, particularly in Selling, General, and Administrative (SG&A) expenses. This analysis focuses on two key players: Vertex Pharmaceuticals and Intra-Cellular Therapies.

From 2014 to 2023, Vertex Pharmaceuticals consistently outpaced Intra-Cellular Therapies in SG&A spending, reflecting its expansive market reach and robust operational strategies. In 2023, Vertex's SG&A expenses soared to over $1.1 billion, marking a 270% increase from 2014. In contrast, Intra-Cellular Therapies, while smaller in scale, demonstrated a remarkable growth trajectory, with SG&A expenses rising by nearly 3,900% over the same period.

This stark contrast underscores the diverse strategies employed by these companies in navigating the competitive landscape of biopharma, with Vertex leveraging its established market position and Intra-Cellular Therapies focusing on aggressive growth and expansion.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025