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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. 2014 was $4.2 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $13.5 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. 2014 was 2.899 (Dec. 2013 ) + 2.833 (Mar. 2014 ) + 3.545 (Jun. 2014 ) + 4.223 (Sep. 2014 ) = $13.5 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||3.8||4.7||2.2||2.8||2.2||2.9||2.8||3.5||4.2||6.9|