OWC Pharmaceutical Research Corp (OWCP)

[bybtrader]

Not correct! There is lots of money spent under professional fees (example: fees paid to Sheba to do trials) that are actually R&D even if they may not classified that way on the income statement.

Good investors look beyond financial statements and how expenses are classified. Even the salary or stocks given to Dr Baruch and Alon Sinai are some sort of R&D spending.