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This is the expense the company spent on research and development. Mead Johnson Nutrition Co's research and development for the three months ended in Mar. 2016 was $25 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $108 Mil.
This is the expense the company spent on research and development.
Mead Johnson Nutrition Co Research & Development for the trailing twelve months (TTM) ended in Mar. 2016 was 27.7 (Jun. 2015 ) + 26.3 (Sep. 2015 ) + 28.5 (Dec. 2015 ) + 25.4 (Mar. 2016 ) = $108 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.
Mead Johnson Nutrition Co Annual Data
|Research & Development||62||67||73||72||79||93||95||102||115||108|
Mead Johnson Nutrition Co Quarterly Data
|Research & Development||28||27||27||29||33||26||28||26||29||25|