Panacea Life Sciences Holdings R&D Spending Growth & History (PLSH)

Panacea Life Sciences Holdings's r&d spending was $0 for fiscal 2020.

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Panacea Life Sciences Holdings annual r&d spending history

Panacea Life Sciences Holdings annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20202020-12-31$0−$22,100
20192019-12-31$22,100−$277,900−92.63%
20182018-12-31$300,000−$56,076−15.75%
20172017-12-31$356,076−$13,268−3.59%
20162016-12-31$369,344$292,000+377.53%
20152015-12-31$77,344$19,024+32.62%
20142014-12-31$58,320

Panacea Life Sciences Holdings r&d spending trends

Over the last five fiscal years, Panacea Life Sciences Holdings's r&d spending decreased from $77,344 to $0, a change of −$77,344. The latest reported quarter, Q4 2020, shows $0.

About the metric

What research and development spending means

Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.

Calculation and source

SEC-reported R&D expense

TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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