Chemical Works of Gedeon Richter (Chemical Works of Gedeon Richter) Research & Development : $429 Mil (TTM As of Dec. 2023)

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What is Chemical Works of Gedeon Richter Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Chemical Works of Gedeon Richter's Research & Development for the three months ended in Dec. 2023 was $159 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $429 Mil.

Chemical Works of Gedeon Richter Research & Development Historical Data

The historical data trend for Chemical Works of Gedeon Richter'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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Chemical Works of Gedeon Richter Research & Development Chart

Chemical Works of Gedeon Richter Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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133.46

147.43

166.63

205.15

213.99

Chemical Works of Gedeon Richter Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial															153.89	46.84	60.65	162.00	159.48

Chemical Works of Gedeon Richter Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $429 Mil.

Chemical Works of Gedeon Richter (OTCPK:RGEDF) 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.

Chemical Works of Gedeon Richter Research & Development Related Terms

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Chemical Works of Gedeon Richter (Chemical Works of Gedeon Richter) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Chemical Works of Gedeon Richter PLC (OTCPK:RGEDF) » Definitions » Research & Development

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Traded in Other Exchanges

GEDSF:USA RICHTER:Hungary 0QFP:UK RIG2:Germany

Address

Gyomroi ut 19-21, Budapest, HUN, 1103

Website

https://www.richter.hu

Chemical Works of Gedeon Richter PLC is a pharmaceutical company. The company focuses on the development and manufacture of gynaecological, cardiovascular and central nervous system products. It manufactures medicines including original, generic and licenced products for treatment in the therapeutic area. The group is active in two business segments namely, the Pharmaceuticals segment comprising the research and development, manufacturing, sales and marketing of pharmaceutical products, and Wholesale and Retail segment for the products of the company. The company operates internationally and the majority of its revenue is generated from the Pharmaceuticals segment.

Chemical Works of Gedeon Richter (Chemical Works of Gedeon Richter) Headlines

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