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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 Jun. 2014 was $850 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $3,402 Mil.
This is the expense the company spent on research and development.
AbbVie Inc Research & Development for the trailing twelve months (TTM) ended in Jun. 2014 was 934 (Sep. 2013 ) + 846 (Dec. 2013 ) + 772 (Mar. 2014 ) + 850 (Jun. 2014 ) = $3,402 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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||1,707||2,808||3,291||3,066||3,193|
AbbVie Inc Quarterly Data
|Research & Development||792||752||813||709||634||779||934||846||772||850|