Cleo Diagnostics (ASX:COV) Research & Development : A$ Mil (TTM As of Dec. 2023)

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What is Cleo Diagnostics Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Cleo Diagnostics's Research & Development for the six months ended in Dec. 2023 was A$0.26 Mil. Cleo Diagnostics does not have enough years/quarters to calculate the Research & Development for the trailing twelve months (TTM) ended in Dec. 2023.

Cleo Diagnostics Research & Development Historical Data

The historical data trend for Cleo Diagnostics'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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Cleo Diagnostics Research & Development Chart

Cleo Diagnostics Annual Data

Trend

Jun23

Research & Development

Cleo Diagnostics Semi-Annual Data
	Dec22	Jun23	Dec23
Research & Development	0.08	-	0.26

Cleo Diagnostics Research & Development Calculation

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

Cleo Diagnostics (ASX:COV) 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.

Cleo Diagnostics Research & Development Related Terms

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Cleo Diagnostics (ASX:COV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Cleo Diagnostics Ltd (ASX:COV) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

480 Collins Street, Level 2, Melbourne, VIC, AUS, 3000

Website

https://www.cleodx.com

Cleo Diagnostics Ltd is focused on the development of non-invasive blood-based IVD tests to detect the presence, and recurrence, of ovarian cancer. The Company's first product to market is intended to be the Triage Test which has to date produced strong results to accurately differentiate patients with malignant ovarian cancer from those with benign gynaecological conditions. The Company aims to improve the diagnostic process and procedures for detecting ovarian cancer and, in this regard, improve quality-of-life outcomes for patients who have been diagnosed with ovarian cancer.

Cleo Diagnostics (ASX:COV) Headlines

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