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This is the expense the company spent on research and development. Array BioPharma Inc's research and development for the three months ended in Jun. 2015 was $18.62 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2015 was $54.44 Mil.
This is the expense the company spent on research and development.
Array BioPharma Inc Research & Development for the trailing twelve months (TTM) ended in Jun. 2015 was 12.19 (Sep. 2014 ) + 11.817 (Dec. 2014 ) + 11.817 (Mar. 2015 ) + 18.618 (Jun. 2015 ) = $54.44 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.
Array BioPharma Inc Annual Data
|Research & Development||30.75||50.61||78.09||96.60||77.31||60.71||61.12||57.46||52.16||54.44|
Array BioPharma Inc Quarterly Data
|Research & Development||15.11||16.84||11.70||9.49||14.13||14.50||12.19||11.82||11.82||18.62|