Parnell Pharmaceuticals Holdings (Parnell Pharmaceuticals Holdings) Research & Development : $0.42 Mil (TTM As of Dec. 2018)

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What is Parnell Pharmaceuticals Holdings Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Parnell Pharmaceuticals Holdings's Research & Development for the six months ended in Dec. 2018 was $0.42 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2018 was $0.42 Mil.

Parnell Pharmaceuticals Holdings Research & Development Historical Data

The historical data trend for Parnell Pharmaceuticals Holdings'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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Parnell Pharmaceuticals Holdings Research & Development Chart

Parnell Pharmaceuticals Holdings Annual Data

Trend

Jun12

Jun13

Jun14

Dec15

Dec16

Dec17

Dec18

Research & Development

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0.55

0.64

1.10

0.72

0.42

Parnell Pharmaceuticals Holdings Semi-Annual Data
	Jun12	Jun13	Jun14	Dec15	Dec16	Dec17	Dec18
Research & Development	Get a 7-Day Free Trial			0.55	0.64	1.10	0.72	0.42

Parnell Pharmaceuticals Holdings Research & Development Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Research & Development for the trailing twelve months (TTM) ended in Dec. 2018 was $0.42 Mil.

Parnell Pharmaceuticals Holdings (OTCPK:PARNF) 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.

Parnell Pharmaceuticals Holdings Research & Development Related Terms

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Parnell Pharmaceuticals Holdings (Parnell Pharmaceuticals Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Parnell Pharmaceuticals Holdings Ltd (OTCPK:PARNF) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

476 Gardeners Road, Unit 4, Century Estate, Alexandria, Sydney, NSW, AUS, 2015

Website

https://www.parnell.com

Parnell Pharmaceuticals Holdings Ltd is an Australia based veterinary pharmaceutical company. It is focused on developing, manufacturing and commercializing animal health solutions. The group manufactures and market products for companion animals and production animals. The firm also has a pipeline of drug products like Zydax, PAR121 and PAR122 and Luminous which covers therapeutic areas in orthopedics, dermatology, and nutraceuticals. The operating segments of the company are Companion animal, Production animal - U.S., Production animal - rest of world and Contract Manufacturing. It operates internationally and generates the majority of the revenue from the Production animal - U.S. segment which covers the group's reproductive hormone portfolio across production animal in the USA.