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This is the expense the company spent on research and development. Agenus Inc's research and development for the three months ended in Sep. 2014 was $5.29 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $18.22 Mil.
This is the expense the company spent on research and development.
Agenus Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 3.242 (Dec. 2013 ) + 4.473 (Mar. 2014 ) + 5.223 (Jun. 2014 ) + 5.285 (Sep. 2014 ) = $18.22 Mil.
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.
Agenus Inc Annual Data
|Research & Development||41.72||47.08||28.64||21.79||20.66||16.90||12.88||11.02||10.56||13.01|
Agenus Inc Quarterly Data
|Research & Development||2.91||2.61||2.37||2.55||3.32||3.89||3.24||4.47||5.22||5.29|