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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 Jun. 2014 was $1.76 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $2.32 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 Jun. 2014 was $2.32 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||7.80||8.90||13.60||17.87||15.09||6.45||4.14||0.84||0.24||2.32|
Novogen Ltd Semi-Annual Data
|Research & Development||3.47||3.16||2.21||1.78||0.30||0.55||0.00||0.24||0.54||1.76|