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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 Dec. 2014 was $907 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $3,649 Mil.
This is the expense the company spent on research and development.
AbbVie Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2014 was 772 (Mar. 2014 ) + 850 (Jun. 2014 ) + 1120 (Sep. 2014 ) + 907 (Dec. 2014 ) = $3,649 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||0||0||2,495||3,291||3,066||3,193||3,649|
AbbVie Inc Quarterly Data
|Research & Development||813||709||634||779||934||846||772||850||1,120||907|