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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 Jun. 2014 was $27 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $107 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 Jun. 2014 was 24.8 (Sep. 2013 ) + 27.9 (Dec. 2013 ) + 27.1 (Mar. 2014 ) + 26.7 (Jun. 2014 ) = $107 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||43||51||62||67||73||72||79||93||95||102|
Mead Johnson Nutrition Co Quarterly Data
|Research & Development||23||24||22||28||23||25||25||28||27||27|