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This is the expense the company spent on research and development. Isis Pharmaceuticals's research and development for the three months ended in Sep. 2014 was $61.1 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $231.2 Mil.
This is the expense the company spent on research and development.
Isis Pharmaceuticals Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 57.43 (Dec. 2013 ) + 53.448 (Mar. 2014 ) + 59.264 (Jun. 2014 ) + 61.086 (Sep. 2014 ) = $231.2 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.
Isis Pharmaceuticals Annual Data
|Research & Development||118.5||82.5||69.4||78.2||106.4||134.6||145.2||157.4||158.5||184.0|
Isis Pharmaceuticals Quarterly Data
|Research & Development||40.4||36.6||42.8||38.3||42.6||45.7||57.4||53.4||59.3||61.1|