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This is the expense the company spent on research and development. Shire PLC's research and development for the three months ended in Dec. 2014 was $242 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $1,068 Mil.
This is the expense the company spent on research and development.
Shire PLC Research & Development for the trailing twelve months (TTM) ended in Dec. 2014 was 360.5 (Mar. 2014 ) + 236.9 (Jun. 2014 ) + 228.6 (Sep. 2014 ) + 241.5 (Dec. 2014 ) = $1,068 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.
Shire PLC Annual Data
|Research & Development||339||387||567||527||640||662||771||953||933||1,068|
Shire PLC Quarterly Data
|Research & Development||225||269||221||257||226||230||361||237||229||242|