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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 Mar. 2014 was $361 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2014 was $1,070 Mil.
This is the expense the company spent on research and development.
Shire PLC Research & Development for the trailing twelve months (TTM) ended in Mar. 2014 was 260.1 (Jun. 2013 ) + 229.1 (Sep. 2013 ) + 220 (Dec. 2013 ) + 360.5 (Mar. 2014 ) = $1,070 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||200||339||387||567||527||640||662||771||953||933|
Shire PLC Quarterly Data
|Research & Development||220||239||225||269||221||260||229||220||361||237|