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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 Jun. 2015 was $776 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2015 was $1,440 Mil.
This is the expense the company spent on research and development.
Shire PLC Research & Development for the trailing twelve months (TTM) ended in Jun. 2015 was 228.6 (Sep. 2014 ) + 241.5 (Dec. 2014 ) + 193.7 (Mar. 2015 ) + 775.9 (Jun. 2015 ) = $1,440 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||638||662||771||966||933||1,068|
Shire PLC Quarterly Data
|Research & Development||224||260||229||220||361||237||229||242||194||776|