You are correct, the amounts and ratios are a red
Post# of 15624
Take the annual report for this biotech stock that is trading in the same price range: EAR$ http://secfilings.nasdaq.com/filingFrameset.a...;View=html
EAR$ spent 5 times as much on R&D as it did on General expenses.
For a pre-clinical biotech, R&D spending should be through the roof.