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This is the expense the company spent on research and development. Mindray Medical International Ltd's research and development for the three months ended in Jun. 2015 was $36 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2015 was $154 Mil.
This is the expense the company spent on research and development.
Mindray Medical International Ltd Research & Development for the trailing twelve months (TTM) ended in Jun. 2015 was 34.346 (Sep. 2014 ) + 48.784 (Dec. 2014 ) + 34.486 (Mar. 2015 ) + 36.403 (Jun. 2015 ) = $154 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.
Mindray Medical International Ltd Annual Data
|Research & Development||13||19||30||59||58||60||82||104||127||147|
Mindray Medical International Ltd Quarterly Data
|Research & Development||26||29||32||41||30||34||34||49||34||36|