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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 $1,452 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $6,331 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 1697.54768392 (Dec. 2013 ) + 1573.20441989 (Mar. 2014 ) + 1607.57780785 (Jun. 2014 ) + 1452.47148289 (Sep. 2014 ) = $6,331 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||3,133||4,904||5,754||6,682||6,060||6,538||5,884||6,208||6,545||6,499|
Sanofi Quarterly Data
|Research & Development||1,522||1,484||1,801||1,508||1,551||1,613||1,698||1,573||1,608||1,452|