News: EDE Eden Innovations Enters Conditional Joint Venture To Develop Batteries, page-38

Any product can be trialled to suit a new need.
And even businesses that have been running successfully for decades do R&D to develop new applications or uses for their products.

but to say they are primarily an R and D company is wrong as they produce products that are sold in retail stores and increasing and growing the business is their aim, clearly.

my comment was to the person who claimed they had ceased all current business

Anyway you appear to be a pup maybe a political future beckons.
if you run several businesses you wouldn't be talking about a stock you don't own.