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This is the expense the company spent on research and development. Sanofi's research and development for the three months ended in Jun. 2015 was $1,448 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2015 was $5,888 Mil.
This is the expense the company spent on research and development.
Sanofi Research & Development for the trailing twelve months (TTM) ended in Jun. 2015 was 1476.80412371 (Sep. 2014 ) + 1665.84463625 (Dec. 2014 ) + 1297.61904762 (Mar. 2015 ) + 1447.81144781 (Jun. 2015 ) = $5,888 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.
Sanofi Annual Data
|Research & Development||4,793||5,852||6,604||6,182||6,681||5,821||6,330||6,459||6,543||5,948|
Sanofi Quarterly Data
|Research & Development||1,496||1,565||1,579||1,709||1,575||1,614||1,477||1,666||1,298||1,448|