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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. 2013 was $9.49 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $53.14 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. 2013 was 15.105 (Mar. 2013 ) + 16.84 (Jun. 2013 ) + 11.704 (Sep. 2013 ) + 9.487 (Dec. 2013 ) = $53.14 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||15.91||22.87||33.38||57.46||90.35||89.56||72.49||63.50||56.72||59.42|
Array BioPharma, Inc. Quarterly Data
|Research & Development||12.60||13.15||16.09||14.88||13.53||13.94||15.11||16.84||11.70||9.49|