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This is the expense the company spent on research and development. Affymax Inc's research and development for the six months ended in Jun. 2014 was $-0.17 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $11.86 Mil.
This is the expense the company spent on research and development.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Affymax Inc Research & Development for the trailing twelve months (TTM) ended in Jun. 2014 was $11.86 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Affymax Inc Annual Data
|Research & Development||17.34||24.05||54.35||69.40||137.49||157.13||93.64||76.31||51.74||11.86|
Affymax Inc Semi-Annual Data
|Research & Development||24.05||54.35||69.40||137.49||157.13||93.64||76.31||51.74||11.86||-0.17|