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Envoy Medical (Envoy Medical) Research & Development : $9.25 Mil (TTM As of Mar. 2024)


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What is Envoy Medical Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Envoy Medical's Research & Development for the three months ended in Mar. 2024 was $2.36 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $9.25 Mil.

Envoy Medical Research & Development Historical Data

The historical data trend for Envoy Medical'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.

* Premium members only.

Envoy Medical Research & Development Chart

Envoy Medical Annual Data
Trend Dec21 Dec22 Dec23
Research & Development
3.94 4.98 8.96

Envoy Medical Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only 1.93 1.98 1.85 3.06 2.36

Envoy Medical Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.25 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.

Envoy Medical  (NAS:COCH) 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.

Envoy Medical Research & Development Related Terms

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Envoy Medical (Envoy Medical) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Envoy Medical Inc (NAS:COCH) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
4875 White Bear Parkway, White Bear Lake, MN, USA, 55110
Website
https://www.envoymedical.com
Envoy Medical Inc is focused on designing, developing, and marketing fully implantable medical devices that improve hearing. The Company's first commercial product, the Esteem PMA application, is a fully implantable hearing device. The Esteem PMA was cleared in 2010 by the United States Food and Drug Administration. The Company intends to continue to pursue the development of a cochlear implant.