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This is the expense the company spent on research and development. ChemoCentryx Inc's research and development for the three months ended in Sep. 2016 was $8.39 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $36.93 Mil.
This is the expense the company spent on research and development.
ChemoCentryx Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 8.23 (Dec. 2015 ) + 11.245 (Mar. 2016 ) + 9.062 (Jun. 2016 ) + 8.389 (Sep. 2016 ) = $36.93 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.
ChemoCentryx Inc Annual Data
|Research & Development||0.00||0.00||0.00||27.47||33.53||28.36||34.57||33.54||33.82||33.18|
ChemoCentryx Inc Quarterly Data
|Research & Development||9.00||7.54||9.12||8.42||8.60||7.93||8.23||11.25||9.06||8.39|