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This is the expense the company spent on research and development. CytRx Corp's research and development for the three months ended in Jun. 2016 was $12.45 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $41.43 Mil.
This is the expense the company spent on research and development.
CytRx Corp Research & Development for the trailing twelve months (TTM) ended in Jun. 2016 was 8.471 (Sep. 2015 ) + 12.352 (Dec. 2015 ) + 8.151 (Mar. 2016 ) + 12.452 (Jun. 2016 ) = $41.43 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.
CytRx Corp Annual Data
|Research & Development||9.78||18.82||10.47||7.54||8.51||15.49||12.69||17.50||36.68||43.40|
CytRx Corp Quarterly Data
|Research & Development||6.99||10.43||10.64||8.62||12.56||10.01||8.47||12.35||8.15||12.45|