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This is the expense the company spent on research and development. Biomarin Pharmaceutical Inc's research and development for the three months ended in Sep. 2014 was $125.7 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $416.9 Mil.
This is the expense the company spent on research and development.
Biomarin Pharmaceutical Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 97.312 (Dec. 2013 ) + 86.166 (Mar. 2014 ) + 107.702 (Jun. 2014 ) + 125.686 (Sep. 2014 ) = $416.9 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.
Biomarin Pharmaceutical Inc Annual Data
|Research & Development||49.8||56.4||66.7||78.6||93.3||115.1||147.3||214.4||302.2||354.8|
Biomarin Pharmaceutical Inc Quarterly Data
|Research & Development||77.8||66.2||84.4||83.7||85.7||88.1||97.3||86.2||107.7||125.7|