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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 Dec. 2014 was $1,532 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $5,636 Mil.
This is the expense the company spent on research and development.
GlaxoSmithKline PLC Research & Development for the trailing twelve months (TTM) ended in Dec. 2014 was 1426.910299 (Mar. 2014 ) + 1368.86632826 (Jun. 2014 ) + 1307.81758958 (Sep. 2014 ) + 1532.08137715 (Dec. 2014 ) = $5,636 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||5,472||6,790||6,533||5,470||6,666||6,953||6,254||6,428||6,421||5,399|
GlaxoSmithKline PLC Quarterly Data
|Research & Development||1,511||1,848||1,363||1,624||1,431||1,751||1,427||1,369||1,308||1,532|