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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. 2014 was $1,308 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $5,855 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. 2014 was 1751.22749591 (Dec. 2013 ) + 1426.910299 (Mar. 2014 ) + 1368.86632826 (Jun. 2014 ) + 1307.81758958 (Sep. 2014 ) = $5,855 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||5,478||5,472||6,790||6,533||5,470||6,666||6,953||6,254||6,410||6,421|
GlaxoSmithKline PLC Quarterly Data
|Research & Development||1,434||1,506||1,843||1,363||1,624||1,431||1,751||1,427||1,369||1,308|