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

Medicure's (MCUJF) quarterly Research & Development came in at $623470.9 in Q1 2026, up 56.95% year-on-year from $397242.4 in Q1 2025, and down 24.46% quarter-over-quarter from $825366.3 in Q4 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.

  • On a quarterly basis, Research & Development rose 56.95% year-over-year to $623470.9 in Q1 2026; TTM through Mar 2026 was $2.5 million, a 16.72% increase from a year earlier, with the FY2025 full-year figure at $2.3 million, up 1.11% from the prior year.
  • Research & Development declined to $623470.9 in Q1 2026 per MCUJF's latest filing, from $825366.3 in the prior quarter.
  • Across five years, Research & Development topped out at $1.5 million in Q3 2022 and bottomed at -$567998.0 in Q4 2022.
  • The 5-year median for Research & Development is $520997.3 (2025), against an average of $447504.8.
  • Across the five-year window, Research & Development sank 242.85% in 2023 and surged 228.94% in 2024, its largest moves.
  • Year by year, Research & Development 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.
  • Per Business Quant, the three latest MCUJF Research & Development figures stand at $623470.9 (Q1 2026), $825366.3 (Q4 2025), and $520997.3 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 696.00 Mn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 180.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 7.37 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 138.20 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 248.60 Mn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 296.20 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 97.00 Mn
10 Medicure 8.77 Mn 7.64 Mn 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 1.52 Mn
Jun 30, 2022 1.31 Mn
Mar 31, 2022 272,369.01
Sep 30, 2021 1.39 Mn
Jun 30, 2021 573,536.65
Mar 31, 2021 459,047.59