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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 Mar. 2014 was $1,573 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2014 was $6,434 Mil.
This is the expense the company spent on research and development.
Sanofi Research & Development for the trailing twelve months (TTM) ended in Mar. 2014 was 1549.7382199 (Jun. 2013 ) + 1613.9154161 (Sep. 2013 ) + 1697.54768392 (Dec. 2013 ) + 1573.20441989 (Mar. 2014 ) = $6,434 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||6,079||6,178||6,523||6,499|
Sanofi Quarterly Data
|Research & Development||1,639||1,542||1,517||1,484||1,801||1,508||1,550||1,614||1,698||1,573|