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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. 2014 was $6.74 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $29.74 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. 2014 was 7.951 (Dec. 2013 ) + 7.024 (Mar. 2014 ) + 8.028 (Jun. 2014 ) + 6.738 (Sep. 2014 ) = $29.74 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||36.06||63.84||75.31||96.18||85.12||50.86||51.91||53.76||33.01||34.47|
Progenics Pharmaceuticals Inc Quarterly Data
|Research & Development||8.07||8.06||5.93||8.79||9.74||8.00||7.95||7.02||8.03||6.74|