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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. 2015 was $18.50 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2015 was $59.86 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. 2015 was 7.369 (Dec. 2014 ) + 9.22 (Mar. 2015 ) + 24.773 (Jun. 2015 ) + 18.502 (Sep. 2015 ) = $59.86 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||47.08||28.64||21.79||20.66||16.90||12.88||11.02||10.56||13.01||22.35|
Agenus Inc Quarterly Data
|Research & Development||3.32||3.89||3.24||4.47||5.22||5.29||7.37||9.22||24.77||18.50|