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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 Mar. 2016 was $158.8 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $651.5 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 Mar. 2016 was 157.901 (Jun. 2015 ) + 158.713 (Sep. 2015 ) + 176.118 (Dec. 2015 ) + 158.793 (Mar. 2016 ) = $651.5 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.
Biomarin Pharmaceutical Inc Annual Data
|Research & Development||66.7||78.6||93.3||115.1||147.3||214.4||302.2||354.8||461.5||634.8|
Biomarin Pharmaceutical Inc Quarterly Data
|Research & Development||97.3||86.2||107.7||125.7||142.1||142.1||157.9||158.7||176.1||158.8|