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PBM (Psyence Biomedical) Research & Development : $0.43 Mil (TTM As of Sep. 2024)


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What is Psyence Biomedical Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Psyence Biomedical's Research & Development for the six months ended in Sep. 2024 was $0.27 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was $0.43 Mil.

Psyence Biomedical Research & Development Historical Data

The historical data trend for Psyence Biomedical'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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Psyence Biomedical Research & Development Chart

Psyence Biomedical Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Research & Development
- 0.14 1.61 0.96

Psyence Biomedical Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Research & Development Get a 7-Day Free Trial 0.15 1.46 0.79 0.16 0.27

Psyence Biomedical Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.43 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.

Psyence Biomedical  (NAS:PBM) 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.

Psyence Biomedical Research & Development Related Terms

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Psyence Biomedical Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Psyence Biomedical Ltd (NAS:PBM) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
121 Richmond Street West, Penthouse Suite 1300, Toronto, ON, CAN, M5H 2K1
Website
https://www.psyence.com
Psyence Biomedical Ltd is a life science biotechnology company pioneering the use of natural psychedelics in mental health and wellbeing. It develops natural psilocybin products for the healing of psychological trauma and its mental health consequences in the context of palliative care. The company has commenced the clinical trial process to evaluate the safety and efficacy of its product candidates. It cultivates natural psilocybin mushrooms at its federally licensed facility in Southern Africa. This product is produced for export to its partners across the world to be processed into a standardized encapsulated product.