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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. 2015 was $353 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $1,564 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. 2015 was 193.7 (Mar. 2015 ) + 775.9 (Jun. 2015 ) + 241.2 (Sep. 2015 ) + 353.2 (Dec. 2015 ) = $1,564 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||230||361||237||229||242||194||776||241||353||217|