Oxford Nanopore Technologies (LSE:ONT) Research & Development : £103.8 Mil (TTM As of Dec. 2023)

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What is Oxford Nanopore Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Oxford Nanopore Technologies's Research & Development for the six months ended in Dec. 2023 was £55.6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was £103.8 Mil.

Oxford Nanopore Technologies Research & Development Historical Data

The historical data trend for Oxford Nanopore Technologies'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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Oxford Nanopore Technologies Research & Development Chart

Oxford Nanopore Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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40.46

48.55

75.98

69.19

103.84

Oxford Nanopore Technologies Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Research & Development	Get a 7-Day Free Trial					45.37	28.60	40.58	48.23	55.61

Oxford Nanopore Technologies 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 semi-annually data reported by the company within the most recent 12 months, which was £103.8 Mil.

Oxford Nanopore Technologies (LSE:ONT) 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.

Oxford Nanopore Technologies Research & Development Related Terms

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Oxford Nanopore Technologies (LSE:ONT) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Oxford Nanopore Technologies PLC (LSE:ONT) » Definitions » Research & Development

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ONTTF:USA ONTl:UK 4R0:Germany

Address

Edmund Halley Road, Gosling Building, Oxford Science Park, Oxford, Oxfordshire, GBR, OX44DQ

Website

https://www.nanoporetech.com

Oxford Nanopore Technologies PLC makes a novel generation of DNA/RNA sequencing technology that provides rich data and is fast, accessible, and easy to use. The Group is primarily involved in researching, developing, manufacturing, and commercializing the world's only commercial nanopore-based sequencing platform that allows the real-time analysis of deoxyribonucleic acid (DNA) or ribonucleic acid (RNA). This enables our customers to perform scientific/biomedical research in a range of areas, including human genetics, cancer research, outbreak surveillance, environmental analysis, pathogens/antimicrobial resistance, microbiome analysis, and crop science.

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