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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. 2016 was $295 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $1,106 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. 2016 was 241.2 (Sep. 2015 ) + 353.2 (Dec. 2015 ) + 217.1 (Mar. 2016 ) + 294.8 (Jun. 2016 ) = $1,106 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||387||567||527||640||662||771||953||933||1,068||1,564|
Shire PLC Quarterly Data
|Research & Development||361||237||229||242||194||776||241||353||217||295|