Lipella Pharmaceuticals Inc. (LIPO) Research & Development (2022 - 2025)
Lipella Pharmaceuticals (LIPO) posted Research & Development of $720,973 for Q3 2025, down 31.1% from $1.05 million a year earlier and down 8.9% from the prior quarter.
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Analysis
Lipella Pharmaceuticals Inc. (LIPO) Research & Development (2022 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Research & Development at Lipella Pharmaceuticals was $3.57 million, up 18.7% year-over-year; for FY2024, it was $3.61 million, up 18.9% from FY2023.
- Annual Research & Development has increased for three consecutive years, with a three-year compound annual growth rate of 35.4% (FY2021 to FY2024).
- In prior years, Lipella Pharmaceuticals' Research & Development was $3.04 million in FY2023 (+19.3%), $2.55 million in FY2022 (+74.9%) and $1.46 million in FY2021.
- The Q3 2025 figure stands as the lowest quarterly Research & Development since Q2 2024.
- On a year-over-year basis, Research & Development increased in five of the last eight quarters, with growth averaging 18.1%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q4 2024, with growth of 133.9%; the weakest was Q2 2024, with a decline of 37.4%.
- According to Business Quant data, Research & Development for the three prior quarters was $791,581 (Q2 2025), $993,475 (Q1 2025) and $1.06 million (Q4 2024).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 720,973.00 |
| Jun 30, 2025 | 791,581.00 |
| Mar 31, 2025 | 993,475.00 |
| Dec 31, 2024 | 1.06 Mn |
| Sep 30, 2024 | 1.05 Mn |
| Jun 30, 2024 | 661,558.00 |
| Mar 31, 2024 | 842,600.00 |
| Dec 31, 2023 | 454,200.00 |
| Sep 30, 2023 | 833,260.00 |
| Jun 30, 2023 | 1.06 Mn |
| Mar 31, 2023 | 693,730.00 |
| Dec 31, 2022 | 478,103.00 |
| Sep 30, 2022 | 650,954.00 |
| Jun 30, 2022 | 742,660.00 |
| Mar 31, 2022 | 675,962.00 |
API Access
Lipella Pharmaceuticals Inc. Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=LIPO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "LIPO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=LIPO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();