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This is the expense the company spent on research and development. Cambrex Corp's research and development for the three months ended in Jun. 2016 was $4.1 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $14.8 Mil.
This is the expense the company spent on research and development.
Cambrex Corp Research & Development for the trailing twelve months (TTM) ended in Jun. 2016 was 3.672 (Sep. 2015 ) + 3.51 (Dec. 2015 ) + 3.478 (Mar. 2016 ) + 4.125 (Jun. 2016 ) = $14.8 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.
Cambrex Corp Annual Data
|Research & Development||10.8||12.2||7.6||7.9||10.3||11.0||9.5||10.4||13.1||12.5|
Cambrex Corp Quarterly Data
|Research & Development||2.5||3.6||3.8||3.1||2.7||2.7||3.7||3.5||3.5||4.1|