IntelliPharmaCeutics International (IntelliPharmaCeutics International) Research & Development : $2.87 Mil (TTM As of Aug. 2023)

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What is IntelliPharmaCeutics International Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. IntelliPharmaCeutics International's Research & Development for the three months ended in Aug. 2023 was $1.56 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Aug. 2023 was $2.87 Mil.

IntelliPharmaCeutics International Research & Development Historical Data

The historical data trend for IntelliPharmaCeutics International'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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IntelliPharmaCeutics International Research & Development Chart

IntelliPharmaCeutics International Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Research & Development

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10.83

6.61

3.52

2.66

2.15

IntelliPharmaCeutics International Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Research & Development	Get a 7-Day Free Trial															0.63	0.49	0.45	0.38	1.56

IntelliPharmaCeutics International Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.87 Mil.

IntelliPharmaCeutics International (OTCPK:IPCIF) 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.

IntelliPharmaCeutics International Research & Development Related Terms

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IntelliPharmaCeutics International (IntelliPharmaCeutics International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » IntelliPharmaCeutics International Inc (OTCPK:IPCIF) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

I4AA:Germany IPCI:Canada

Address

30 Worcester Road, Toronto, ON, CAN, M9W 5X2

Website

https://www.intellipharmaceutics.com

IntelliPharmaCeutics International Inc is a pharmaceutical company. The company is engaged in the research, development, and manufacturing of novel and generic controlled-release and targeted-release oral solid dosage drugs. Its patented Hypermatrix technology is a multidimensional controlled-release drug delivery platform that can be applied to the development of a range of existing and new pharmaceuticals. Its ongoing drug development programs are at various stages of development in therapeutic areas that include neurology, cardiovascular, GIT, and pain. The company's product, a generic of Focalin XR, is partnered with Par Pharmaceutical, Inc. and received FDA approval. It derives revenue from the United States.