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This is the expense the company spent on research and development. BioTime Inc's research and development for the three months ended in Sep. 2016 was $6.42 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $41.88 Mil.
This is the expense the company spent on research and development.
BioTime Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 12.788 (Dec. 2015 ) + 13.734 (Mar. 2016 ) + 8.938 (Jun. 2016 ) + 6.422 (Sep. 2016 ) = $41.88 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.
BioTime Inc Annual Data
|Research & Development||1.42||0.97||1.73||2.97||8.19||13.70||18.12||44.07||37.53||42.60|
BioTime Inc Quarterly Data
|Research & Development||9.08||8.84||11.27||9.32||9.06||11.43||12.79||13.73||8.94||6.42|