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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. 2013 was $0.53 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $0.23 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. 2013 was $0.23 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||7.65||9.05||14.02||18.08||15.13||7.11||4.20||5.56||0.23||2.32|
Novogen Ltd Semi-Annual Data
|Research & Development||3.51||3.73||2.40||1.61||2.44||3.16||0.00||0.23||0.53||1.76|