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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 Sep. 2014 was $10.64 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $33.73 Mil.
This is the expense the company spent on research and development.
CytRx Corp Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 5.672 (Dec. 2013 ) + 6.988 (Mar. 2014 ) + 10.428 (Jun. 2014 ) + 10.638 (Sep. 2014 ) = $33.73 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||6.01||9.09||9.78||18.82||10.47||7.54||8.51||15.49||12.69||17.50|
CytRx Corp Quarterly Data
|Research & Development||2.69||3.16||2.44||3.19||4.63||4.01||5.67||6.99||10.43||10.64|