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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 Dec. 2015 was $41.35 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $92.78 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 Dec. 2015 was 11.817 (Mar. 2015 ) + 18.618 (Jun. 2015 ) + 20.998 (Sep. 2015 ) + 41.351 (Dec. 2015 ) = $92.78 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.
Array BioPharma Inc Annual Data
|Research & Development||33.38||57.46||90.35||89.56||72.49||63.50||56.72||59.42||49.82||54.44|
Array BioPharma Inc Quarterly Data
|Research & Development||11.70||9.49||14.13||14.50||12.19||11.82||11.82||18.62||21.00||41.35|