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This is the expense the company spent on research and development. CytRx Corporation's research and development for the three months ended in Dec. 2013 was $5.67 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $17.50 Mil.
This is the expense the company spent on research and development.
CytRx Corporation Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 3.189 (Mar. 2013 ) + 4.626 (Jun. 2013 ) + 4.014 (Sep. 2013 ) + 5.672 (Dec. 2013 ) = $17.50 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 Corporation 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 Corporation Quarterly Data
|Research & Development||3.22||5.56||4.40||2.69||3.16||2.44||3.19||4.63||4.01||5.67|