R&D Innovator
R&D > 10% of revenue, gross margin > 50%, growing > 10%.
Research is a cost today and a product later. Spending over 10% of revenue on R&D while keeping gross margins above 50% and growing 10%+ means existing products are profitable enough to fund the next ones.
Spending guarantees nothing. A drug developer can spend for years before a trial succeeds or fails.