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Pfizer Inc (NYSE:PFE)
Research and Development
$8,393 Mil (TTM As of Dec. 2014)

This is the expense the company spent on research and development. Pfizer Inc's research and development for the three months ended in Dec. 2014 was $3,209 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $8,393 Mil.


Definition

This is the expense the company spent on research and development.

Pfizer Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2014 was 1623 (Mar. 2014 ) + 1759 (Jun. 2014 ) + 1802 (Sep. 2014 ) + 3209 (Dec. 2014 ) = $8,393 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Pfizer Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Research & Development 7,2567,5998,0898,5787,9139,4139,1127,8706,6788,393

Pfizer Inc Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Research & Development 1,9812,1361,8001,5301,6271,8111,6231,7591,8023,209
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