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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 Dec. 2015 was $8.28 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $28.20 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 Dec. 2015 was 6.447 (Mar. 2015 ) + 6.54 (Jun. 2015 ) + 6.925 (Sep. 2015 ) + 8.284 (Dec. 2015 ) = $28.20 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.
Progenics Pharmaceuticals Inc Annual Data
|Research & Development||75.31||96.18||85.12||50.86||51.91||53.76||33.01||34.47||28.24||28.20|
Progenics Pharmaceuticals Inc Quarterly Data
|Research & Development||8.00||8.06||7.01||8.03||6.89||6.67||6.45||6.54||6.93||8.28|