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| Date | Value |
|---|---|
| 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 |