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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 Sep. 2014 was $1,477 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $6,376 Mil.
This is the expense the company spent on research and development.
Sanofi Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 1709.19067215 (Dec. 2013 ) + 1575.38035961 (Mar. 2014 ) + 1614.13043478 (Jun. 2014 ) + 1476.80412371 (Sep. 2014 ) = $6,376 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||6,015||6,300||6,437||6,543||0|
Sanofi Quarterly Data
|Research & Development||1,474||1,777||1,499||1,563||1,578||1,709||1,575||1,614||1,477||1,666|