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MROPF (MicroPort CardioFlow Medtech) Research & Development : $21.11 Mil (TTM As of Dec. 2024)


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What is MicroPort CardioFlow Medtech Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. MicroPort CardioFlow Medtech's Research & Development for the six months ended in Dec. 2024 was $9.66 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was $21.11 Mil.

MicroPort CardioFlow Medtech Research & Development Historical Data

The historical data trend for MicroPort CardioFlow Medtech'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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MicroPort CardioFlow Medtech Research & Development Chart

MicroPort CardioFlow Medtech Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
Get a 7-Day Free Trial 14.81 23.73 32.10 33.24 21.07

MicroPort CardioFlow Medtech Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.68 15.29 17.91 11.45 9.66

MicroPort CardioFlow Medtech 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $21.11 Mil.

* 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.

MicroPort CardioFlow Medtech  (OTCPK:MROPF) 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.

MicroPort CardioFlow Medtech Research & Development Related Terms

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MicroPort CardioFlow Medtech Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MicroPort CardioFlow Medtech Corp (OTCPK:MROPF) » Definitions » Research & Development
Comparable Companies
HKSE:01696 HKSE:06669 HKSE:09877 HKSE:02235 HKSE:02216 HKSE:02500 HKSE:06922 HKSE:06609 HKSE:09996 HKSE:02170 ABT BSX SYK MDT XTER:SHL EW SZSE:300760 DXCM XAMS:PHIA STE
Traded in Other Exchanges
02160:Hong Kong 72X:Germany
Address
No. 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Pudong New District, Shanghai, CHN, 201203
Website
https://www.cardioflowmedtech.com
MicroPort CardioFlow Medtech Corp is a medical device company in China focusing on the research, development, and commercialization of transcatheter and surgical solutions for valvular heart diseases. The company's product portfolio consists of three products VitaFlow, VitaFlow Liberty, and Alwide Plus, and various TAVI products, TMV products, TTV products, surgical valve products, and procedural accessories. Geographically, it derives a majority of its revenue from China.