Medicinova (MNOV) Research & Development (2010 - 2025)

Medicinova's (MNOV) quarterly Research & Development came in at $1.5 million in Q4 2025, down 19.08% year-on-year from $1.9 million in Q4 2024, and down 2.5% on a QoQ basis from $1.6 million in Q3 2025.

Medicinova (MNOV) Research & Development (2010 - 2025) Analysis & Trends

Medicinova (MNOV) has 16 years of Research & Development data on file, last reported at $1.5 million in Q4 2025.

  • On a quarterly basis, Research & Development fell 19.08% year-over-year to $1.5 million in Q4 2025; TTM through Dec 2025 was $7.2 million, a 0.55% decrease from a year earlier, with the FY2025 full-year figure at $7.2 million, down 0.55% from the prior year.
  • Research & Development for Q4 2025 stood at $1.5 million, down from $1.6 million in the prior quarter.
  • Over the last five years, Research & Development for MNOV reached as high as $2.6 million in Q2 2022 and fell as low as $794706.0 in Q3 2023.
  • Historically, Research & Development has averaged $1.9 million across 5 years, with a median of $1.8 million in 2024.
  • Across the five-year window, Research & Development plunged 67.62% in 2023 and soared 133.97% in 2024, its largest moves.
  • Year by year, Research & Development stood at $1.8 million in 2021, then gained by 13.26% to $2.0 million in 2022, then retreated by 17.98% to $1.7 million in 2023, then rose by 15.55% to $1.9 million in 2024, then retreated by 19.08% to $1.5 million in 2025.
  • Per Business Quant data, the three most recent Research & Development figures were $1.5 million in Q4 2025, $1.6 million in Q3 2025, and $2.2 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -17.94 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 541.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -2.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 15.66 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 1.37 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 343.97 Mn
10 Medicinova 64.48 Mn 64.48 Mn 4,754.00 1.54 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.54 Mn
Sep 30, 2025 1.58 Mn
Jun 30, 2025 2.19 Mn
Mar 31, 2025 1.84 Mn
Dec 31, 2024 1.91 Mn
Sep 30, 2024 1.86 Mn
Jun 30, 2024 1.65 Mn
Mar 31, 2024 1.78 Mn
Dec 31, 2023 1.65 Mn
Sep 30, 2023 794,706.00
Jun 30, 2023 1.74 Mn
Mar 31, 2023 1.48 Mn
Dec 31, 2022 2.01 Mn
Sep 30, 2022 2.45 Mn
Jun 30, 2022 2.56 Mn
Mar 31, 2022 2.11 Mn
Dec 31, 2021 1.78 Mn
Sep 30, 2021 2.09 Mn
Jun 30, 2021 2.53 Mn
Mar 31, 2021 2.15 Mn