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Biophotonics-Related Companies’ FY2015 R&D Spending Growth Loses Steam

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JAMES SCHLETT, EDITOR, [email protected]

Research and development spending at many biophotonics-related companies failed to keep pace with revenue growth in their 2015 fiscal years, according to analysis of financial reports issued by 20 publicly traded companies and tracked by Photonics Media for this new quarterly column. Combined, the 20 companies, which had fiscal 2015 end dates ranging from June 27, 2015, to Jan. 3, 2016, saw their annual revenues increase over the year by 5 percent to $66 billion. But their cumulative R&D expenses rose by only 1.6 percent to $4.2 billion (Figure 1). Figure 1. In fiscal 2015,...Read full article

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