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This is the expense the company spent on research and development. Alkermes PLC's research and development for the three months ended in Dec. 2015 was $93.7 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $344.4 Mil.
This is the expense the company spent on research and development.
Alkermes PLC Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was 70.278 (Mar. 2015 ) + 87.882 (Jun. 2015 ) + 92.558 (Sep. 2015 ) + 93.686 (Dec. 2015 ) = $344.4 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.
Alkermes PLC Annual Data
|Research & Development||89.1||117.3||125.3||89.5||95.4||97.2||141.9||140.0||272.0||344.4|
Alkermes PLC Quarterly Data
|Research & Development||45.9||48.7||52.1||67.2||78.3||74.4||70.3||87.9||92.6||93.7|