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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 Sep. 2013 was $45.9 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2013 was $146.5 Mil.
This is the expense the company spent on research and development.
Alkermes PLC Research & Development for the trailing twelve months (TTM) ended in Sep. 2013 was 31.319 (Dec. 2012 ) + 35.8 (Mar. 2013 ) + 33.462 (Jun. 2013 ) + 45.947 (Sep. 2013 ) = $146.5 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||91.1||91.6||89.1||117.3||125.3||89.5||95.4||97.2||141.9||140.0|
Alkermes PLC Quarterly Data
|Research & Development||28.1||28.2||40.5||45.2||37.8||35.1||31.3||35.8||33.5||45.9|