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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 Sep. 2016 was $183 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $723 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 Sep. 2016 was 180.3 (Dec. 2015 ) + 176.5 (Mar. 2016 ) + 182.4 (Jun. 2016 ) + 183.3 (Sep. 2016 ) = $723 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||285||340||376||396||691||692|
Thermo Fisher Scientific Inc Quarterly Data
|Research & Development||184||175||183||166||175||172||180||177||182||183|