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This is the expense the company spent on research and development. Spectranetics Corporation's research and development for the three months ended in Dec. 2013 was $5.8 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $22.1 Mil.
This is the expense the company spent on research and development.
Spectranetics Corporation Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 5.172 (Mar. 2013 ) + 5.484 (Jun. 2013 ) + 5.664 (Sep. 2013 ) + 5.76 (Dec. 2013 ) = $22.1 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.
Spectranetics Corporation Annual Data
|Research & Development||5.4||6.7||9.9||10.8||13.4||15.1||14.9||17.7||16.8||22.1|
Spectranetics Corporation Quarterly Data
|Research & Development||4.7||4.1||3.8||4.2||4.2||4.7||5.2||5.5||5.7||5.8|