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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. 2014 was $86.2 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2014 was $357.2 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. 2014 was 85.661 (Jun. 2013 ) + 88.064 (Sep. 2013 ) + 97.312 (Dec. 2013 ) + 86.166 (Mar. 2014 ) = $357.2 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||57.9||73.8||77.8||66.2||84.4||83.7||85.7||88.1||97.3||86.2|