Medicure (MCUJF) Research & Development (2009 - 2026)

Medicure (MCUJF) recorded quarterly Research & Development of $623470.9 in Q1 2026, down 24.46% quarter-over-quarter from $825366.3 in Q4 2025, and up 56.95% on a YoY basis from $397242.4 in Q1 2025.

Medicure (MCUJF) Research & Development (2009 - 2026) Analysis & Trends

Medicure's Research & Development history runs 18 years deep, the most recent figure standing at $623470.9 for Q1 2026.

  • In Q1 2026, Research & Development rose 56.95% year-over-year to $623470.9; the TTM figure through Mar 2026 stood at $2.5 million (up 16.72% YoY), while the FY2025 annual figure was $2.3 million, up 3.36% from the prior year.
  • Research & Development was $623470.9 for Q1 2026 at Medicure, down from $825366.3 in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $1.0 million in Q2 2022 to a low of -$567998.0 in Q4 2022.
  • Historically, Research & Development has averaged $327941.3 across 5 years, with a median of $501668.5 in 2024.
  • Biggest YoY gain for Research & Development was 257.39% in 2023; the steepest drop was 242.85% in 2023.
  • A 5-year view of Research & Development shows it stood at -$567998.0 in 2022, then advanced by 0.29% to -$566326.9 in 2023, then surged by 193.79% to $531160.1 in 2024, then soared by 55.39% to $825366.3 in 2025, then declined by 24.46% to $623470.9 in 2026.
  • The last three Research & Development figures came in at $623470.9 (Q1 2026), $825366.3 (Q4 2025), and $520997.3 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 222.00 Mn
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 180.00 Mn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 138.20 Mn
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 934,363.43
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 296.20 Mn
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 97.00 Mn
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn 103.35 Mn
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 39.38 Mn
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 46.94 Mn
10 Medicure - - 2.57 Mn 623,470.87

Historic Data

Download Data
DateValue
Mar 31, 2026 623,470.87
Dec 31, 2025 825,366.31
Sep 30, 2025 520,997.30
Jun 30, 2025 534,788.96
Mar 31, 2025 397,242.39
Dec 31, 2024 531,160.06
Sep 30, 2024 582,777.46
Jun 30, 2024 634,629.99
Mar 31, 2024 501,668.53
Dec 31, 2023 -566,326.89
Sep 30, 2023 378,932.68
Jun 30, 2023 497,294.25
Mar 31, 2023 -389,080.29
Dec 31, 2022 -567,997.97
Sep 30, 2022 -240,758.32
Jun 30, 2022 1.04 Mn
Mar 31, 2022 272,369.01
Sep 30, 2021 371,783.56
Jun 30, 2021 573,536.65
Mar 31, 2021 459,047.59