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This is the expense the company spent on research and development. Allergan Inc's research and development for the three months ended in Sep. 2014 was $289 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $1,196 Mil.
This is the expense the company spent on research and development.
Allergan Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 269.4 (Dec. 2013 ) + 349 (Mar. 2014 ) + 288.7 (Jun. 2014 ) + 288.5 (Sep. 2014 ) = $1,196 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.
Allergan Inc Annual Data
|Research & Development||343||388||1,056||718||798||706||805||903||990||1,042|
Allergan Inc Quarterly Data
|Research & Development||232||293||239||249||267||258||269||349||289||289|