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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. 2015 was $1,268 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2015 was $3,829 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. 2015 was 0 (Dec. 2014 ) + 1295.96412556 (Mar. 2015 ) + 1264.79750779 (Jun. 2015 ) + 1268.40490798 (Sep. 2015 ) = $3,829 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||1,431||0||1,427||1,369||1,308||0||1,296||1,265||1,268||1,578|