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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. 2016 was $46.5 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $191.3 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. 2016 was 48.802 (Mar. 2016 ) + 49.504 (Jun. 2016 ) + 46.563 (Sep. 2016 ) + 46.469 (Dec. 2016 ) = $191.3 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||57.5||90.3||89.6||72.5||63.5||56.7||59.4||49.8||54.4||160.7|
Array BioPharma Inc Quarterly Data
|Research & Development||12.2||11.8||11.8||18.6||21.0||41.4||48.8||49.5||46.6||46.5|