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This is the expense the company spent on research and development. Myriad Genetics Inc's research and development for the three months ended in Dec. 2015 was $16.7 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $69.3 Mil.
This is the expense the company spent on research and development.
Myriad Genetics Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was 16.673 (Mar. 2015 ) + 18.712 (Jun. 2015 ) + 17.2 (Sep. 2015 ) + 16.7 (Dec. 2015 ) = $69.3 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.
Myriad Genetics Inc Annual Data
|Research & Development||83.8||100.7||18.5||17.9||21.9||27.8||42.6||53.7||67.5||75.5|
Myriad Genetics Inc Quarterly Data
|Research & Development||16.8||17.1||13.4||20.2||22.6||17.5||16.7||18.7||17.2||16.7|