Prostatype Genomics AB (OSTO:PROGEN) Research & Development : kr4.16 Mil (TTM As of Jun. 2023)

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What is Prostatype Genomics AB Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Prostatype Genomics AB's Research & Development for the three months ended in Jun. 2023 was kr1.52 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 was kr4.16 Mil.

Prostatype Genomics AB Research & Development Historical Data

The historical data trend for Prostatype Genomics AB'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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Prostatype Genomics AB Research & Development Chart

Prostatype Genomics AB Annual Data

Trend

Jun18

Jun19

Dec21

Dec22

Dec23

Research & Development

2.52

1.25

1.49

3.51

3.23

Prostatype Genomics AB Quarterly Data
	Jun18	Jun19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Research & Development	Get a 7-Day Free Trial											1.38	0.73	0.53	1.52	-

Prostatype Genomics AB Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr4.16 Mil.

Prostatype Genomics AB (OSTO:PROGEN) 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.

Prostatype Genomics AB Research & Development Related Terms

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Prostatype Genomics AB (OSTO:PROGEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Prostatype Genomics AB (OSTO:PROGEN) » Definitions » Research & Development

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Traded in Other Exchanges

PGO:Germany

Address

Gustaf III:s Boulevard 34, Solna, SWE, 169 73

Website

https://www.prostatypegenomics.com

Prostatype Genomics AB manufactures, markets and sells the prognostic gene test Prostatype. By assessing the aggressiveness of prostate cancer, Prostatype helps clinicians and patients to make correct treatment decisions. Over and under treatment of prostate cancer can be minimized, the quality of life for the patient improved and money can be saved for the health care sector.

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