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This is the expense the company spent on research and development. GlaxoSmithKline PLC's research and development for the three months ended in Sep. 2016 was $1,212 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $5,212 Mil.
This is the expense the company spent on research and development.
GlaxoSmithKline PLC Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 1577.84431138 (Dec. 2015 ) + 1160.96866097 (Mar. 2016 ) + 1261.36363636 (Jun. 2016 ) + 1211.56373193 (Sep. 2016 ) = $5,212 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.
GlaxoSmithKline PLC Annual Data
|Research & Development||6,790||6,533||5,470||6,666||6,953||6,271||6,428||6,421||5,399||5,329|
GlaxoSmithKline PLC Quarterly Data
|Research & Development||1,369||1,308||1,532||1,296||1,265||1,268||1,578||1,161||1,261||1,212|