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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 Dec. 2015 was $8.23 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $33.18 Mil.
This is the expense the company spent on research and development.
ChemoCentryx Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was 8.42 (Mar. 2015 ) + 8.602 (Jun. 2015 ) + 7.931 (Sep. 2015 ) + 8.23 (Dec. 2015 ) = $33.18 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||8.19||7.42||8.15||9.00||7.54||9.12||8.42||8.60||7.93||8.23|