Accelerate Diagnostics (STU:1A80) Research & Development : €21.79 Mil (TTM As of Mar. 2024)

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What is Accelerate Diagnostics Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Accelerate Diagnostics's Research & Development for the three months ended in Mar. 2024 was €4.76 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was €21.79 Mil.

Accelerate Diagnostics Research & Development Historical Data

The historical data trend for Accelerate Diagnostics's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Accelerate Diagnostics Research & Development Chart

Accelerate Diagnostics Annual Data

Trend

Dec14

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Dec23

Research & Development

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22.81

17.47

19.42

25.41

23.25

Accelerate Diagnostics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															6.51	5.37	6.56	5.11	4.76

Accelerate Diagnostics Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €21.79 Mil.

Accelerate Diagnostics (STU:1A80) Research & Development Explanation

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.

Accelerate Diagnostics Research & Development Related Terms

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Accelerate Diagnostics (STU:1A80) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Accelerate Diagnostics Inc (STU:1A80) » Definitions » Research & Development

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AXDX:USA AXDX:Mexico 1A80:Germany

Address

3950 South Country Club Road, Suite 470, Tucson, AZ, USA, 85714

Website

https://www.acceleratediagnostics.com

Accelerate Diagnostics Inc is an in vitro diagnostics company that specializes in rapid diagnostics for infectious pathogens. The firm's core platform, the Accelerate ID/AST System, determines whether live bacterial or fungal cells in a patient sample are susceptible to a particular antibiotic. This test is performed on pathogens that are commonly associated with serious infections and can deliver results more quickly than traditional methods, such as bacterial culturing. The system can analyze a positive blood culture sample in approximately five hours, which is faster than traditional testing techniques. The company earns majority of its revenue from domestic market.

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