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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 $1,291 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $5,873 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 1762.76771005 (Dec. 2013 ) + 1438.86097152 (Mar. 2014 ) + 1380.54607509 (Jun. 2014 ) + 1290.99678457 (Sep. 2014 ) = $5,873 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||5,457||5,549||6,776||6,379||5,319||6,633||7,030||6,225||6,356||6,463|
GlaxoSmithKline PLC Quarterly Data
|Research & Development||1,441||1,506||1,827||1,384||1,592||1,449||1,763||1,439||1,381||1,291|