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This is the expense the company spent on research and development. Novogen Ltd's research and development for the six months ended in Dec. 2015 was $3.63 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $4.58 Mil.
This is the expense the company spent on research and development.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Novogen Ltd Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was $4.58 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.
Novogen Ltd Annual Data
|Research & Development||8.90||13.60||17.87||15.09||6.45||0.14||0.84||1.28||3.12||4.58|
Novogen Ltd Semi-Annual Data
|Research & Development||-2.22||0.30||0.55||0.00||1.28||0.54||2.56||2.14||2.58||3.63|