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This is the expense the company spent on research and development. Vivus's research and development for the three months ended in Mar. 2015 was $2.7 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2015 was $12.1 Mil.
This is the expense the company spent on research and development.
Vivus Research & Development for the trailing twelve months (TTM) ended in Mar. 2015 was 4.086 (Jun. 2014 ) + 2.574 (Sep. 2014 ) + 2.71 (Dec. 2014 ) + 2.694 (Mar. 2015 ) = $12.1 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.
Vivus Annual Data
|Research & Development||17.0||13.3||26.7||77.0||70.9||40.0||24.6||32.1||29.7||13.8|
Vivus Quarterly Data
|Research & Development||7.8||7.0||9.2||8.4||5.0||4.4||4.1||2.6||2.7||2.7|