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