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This is the expense the company spent on research and development. Allergan PLC's research and development for the three months ended in Mar. 2016 was $403 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $2,549 Mil.
This is the expense the company spent on research and development.
Allergan PLC Research & Development for the trailing twelve months (TTM) ended in Mar. 2016 was 454.9 (Jun. 2015 ) + 1260.5 (Sep. 2015 ) + 430.6 (Dec. 2015 ) + 403.1 (Mar. 2016 ) = $2,549 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 PLC Annual Data
|Research & Development||131||145||170||197||296||295||402||617||1,086||2,359|
Allergan PLC Quarterly Data
|Research & Development||-241||172||158||277||237||318||455||1,261||431||403|