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This is the expense the company spent on research and development. Horizon Pharma PLC's research and development for the three months ended in Sep. 2015 was $13.1 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2015 was $35.0 Mil.
This is the expense the company spent on research and development.
Horizon Pharma PLC Research & Development for the trailing twelve months (TTM) ended in Sep. 2015 was 6.859 (Dec. 2014 ) + 6.181 (Mar. 2015 ) + 8.922 (Jun. 2015 ) + 13.073 (Sep. 2015 ) = $35.0 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.
Horizon Pharma PLC Annual Data
|Research & Development||0.0||0.0||0.0||22.3||10.9||17.7||15.4||16.8||10.1||17.5|
Horizon Pharma PLC Quarterly Data
|Research & Development||2.8||2.2||2.9||2.8||3.5||4.2||6.9||6.2||8.9||13.1|