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This is the expense the company spent on research and development. Progenics Pharmaceuticals Inc's research and development for the three months ended in Sep. 2016 was $9.83 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $34.91 Mil.
This is the expense the company spent on research and development.
Progenics Pharmaceuticals Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 7.941 (Dec. 2015 ) + 9.149 (Mar. 2016 ) + 7.988 (Jun. 2016 ) + 9.827 (Sep. 2016 ) = $34.91 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
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.
Progenics Pharmaceuticals Inc Annual Data
|Research & Development||75.31||96.18||85.12||50.86||51.91||53.76||32.50||34.58||28.59||28.20|
Progenics Pharmaceuticals Inc Quarterly Data
|Research & Development||8.03||6.89||6.67||6.49||6.72||7.05||7.94||9.15||7.99||9.83|