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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. 2015 was $431 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2015 was $1,345 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. 2015 was 158 (Jun. 2014 ) + 391.8 (Sep. 2014 ) + 364.6 (Dec. 2014 ) + 431 (Mar. 2015 ) = $1,345 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||125||131||145||170||197||296||295||403||617||1,086|
Allergan PLC Quarterly Data
|Research & Development||122||132||136||164||185||172||158||392||365||431|