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This is the expense the company spent on research and development. Thermo Fisher Scientific Inc's research and development for the three months ended in Dec. 2015 was $180 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $692 Mil.
This is the expense the company spent on research and development.
Thermo Fisher Scientific Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was 165.8 (Mar. 2015 ) + 174.6 (Jun. 2015 ) + 171.6 (Sep. 2015 ) + 180.3 (Dec. 2015 ) = $692 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.
Thermo Fisher Scientific Inc Annual Data
|Research & Development||170||239||249||246||287||341||376||396||691||692|
Thermo Fisher Scientific Inc Quarterly Data
|Research & Development||105||150||184||175||183||166||175||172||180||177|