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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 Dec. 2016 was $24.0 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $60.7 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 Dec. 2016 was 12.722 (Mar. 2016 ) + 11.21 (Jun. 2016 ) + 12.814 (Sep. 2016 ) + 23.961 (Dec. 2016 ) = $60.7 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||22.3||10.9||17.7||15.4||16.8||10.1||17.5||41.9||60.7|
Horizon Pharma PLC Quarterly Data
|Research & Development||4.2||6.9||6.2||8.9||13.1||13.7||12.7||11.2||12.8||24.0|