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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 Sep. 2014 was $12.19 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $50.31 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 Sep. 2014 was 9.487 (Dec. 2013 ) + 14.131 (Mar. 2014 ) + 14.502 (Jun. 2014 ) + 12.19 (Sep. 2014 ) = $50.31 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||22.87||33.38||57.46||90.35||89.56||72.49||63.50||56.72||59.42||49.82|
Array BioPharma Inc Quarterly Data
|Research & Development||14.88||13.53||13.94||15.11||16.84||11.70||9.49||14.13||14.50||12.19|