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This is the expense the company spent on research and development. St Jude Medical Inc's research and development for the three months ended in Dec. 2015 was $177 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $676 Mil.
This is the expense the company spent on research and development.
St Jude Medical Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was 167 (Mar. 2015 ) + 171 (Jun. 2015 ) + 161 (Sep. 2015 ) + 177 (Dec. 2015 ) = $676 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.
St Jude Medical Inc Annual Data
|Research & Development||431||476||532||560||631||709||676||691||692||676|
St Jude Medical Inc Quarterly Data
|Research & Development||186||170||178||169||175||167||171||161||177||188|