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This is the expense the company spent on research and development. AbbVie Inc's research and development for the three months ended in Mar. 2016 was $956 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $4,453 Mil.
This is the expense the company spent on research and development.
AbbVie Inc Research & Development for the trailing twelve months (TTM) ended in Mar. 2016 was 1004 (Jun. 2015 ) + 1418 (Sep. 2015 ) + 1075 (Dec. 2015 ) + 956 (Mar. 2016 ) = $4,453 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
AbbVie Inc Annual Data
|Research & Development||0||0||0||1,707||2,808||2,618||3,066||3,193||3,649||4,435|
AbbVie Inc Quarterly Data
|Research & Development||846||772||850||1,120||907||938||1,004||1,418||1,075||956|