CASI Pharmaceuticals (CASIF) Research & Development (2022 - 2025)
CASI Pharmaceuticals (CASIF) reported Research & Development of $1.2 million for Q4 2025, down 91.28% on a YoY basis from $14.2 million in Q4 2024, and up 187.4% quarter-over-quarter from -$1.4 million in Q3 2025.
CASI Pharmaceuticals (CASIF) Research & Development (2022 - 2025) Analysis & Trends
CASI Pharmaceuticals has reported Research & Development for 4 years, with the latest figure at $1.2 million in Q4 2025.
- For the quarter ending Q4 2025, Research & Development fell 91.28% year-over-year to $1.2 million; the trailing twelve-month figure through Dec 2025 stood at -$3.8 million (down 143.04% YoY), and the FY2025 full-year result was $6.3 million, down 29.26% from the prior year.
- Research & Development for Q4 2025 stood at $1.2 million, up from -$1.4 million in the prior quarter.
- The five-year high for Research & Development was $14.2 million in Q4 2024, with the low at -$27.7 million in Q4 2022.
- Historically, Research & Development has averaged -$66000.0 across 4 years, with a median of $1.8 million in 2023.
- The largest YoY upside for Research & Development was 512.27% in 2024 against a maximum downside of 197.71% in 2024.
- CASI Pharmaceuticals' Research & Development stood at -$27.7 million in 2022, then surged by 108.34% to $2.3 million in 2023, then surged by 512.27% to $14.2 million in 2024, then slumped by 91.28% to $1.2 million in 2025.
- The last three Research & Development figures came in at $1.2 million (Q4 2025), -$1.4 million (Q3 2025), and -$1.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 821,726.73 Bn | 821,726.69 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 57,768.00 Bn | 57,768.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 16,655.88 Bn | 16,655.88 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 3,540.00 Bn | 3,539.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Evaxion A | 1,526.26 Bn | 1,526.24 Bn | - | -2.30 Mn |
| 6 | Akari Therapeutics | 1,520.09 Bn | 1,520.09 Bn | - | 1.46 Mn |
| 7 | Psyence Biomedical | 223.87 Bn | 223.87 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 114.47 Bn | 107.23 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 91.22 Bn | 91.22 Bn | - | -58.00 Mn |
| 10 | CASI Pharmaceuticals | - | - | 3.69 Mn | 1.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.24 Mn |
| Sep 30, 2025 | -1.41 Mn |
| Jun 30, 2025 | -1.72 Mn |
| Mar 31, 2025 | -1.94 Mn |
| Dec 31, 2024 | 14.17 Mn |
| Sep 30, 2024 | -1.52 Mn |
| Jun 30, 2024 | -1.25 Mn |
| Mar 31, 2024 | -2.48 Mn |
| Dec 31, 2023 | 2.31 Mn |
| Sep 30, 2023 | 2.40 Mn |
| Jun 30, 2023 | 2.61 Mn |
| Mar 31, 2023 | 2.53 Mn |
| Dec 31, 2022 | -27.74 Mn |
| Sep 30, 2022 | 3.91 Mn |
| Jun 30, 2022 | 3.85 Mn |
| Mar 31, 2022 | 3.99 Mn |