Quoin Pharmaceuticals (QNRX) Research & Development (2021 - 2026)
Quoin Pharmaceuticals (QNRX) posted Research & Development of $3.63 million for the quarter ended Jun 30, 2026, up 76.9% from $2.05 million a year earlier and up 5.6% from the prior quarter.
Quoin Pharmaceuticals (QNRX) Research & Development (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Quoin Pharmaceuticals was $12.44 million, up 89.8% year-over-year; for the year ended Dec 31, 2025, it came in at $9.8 million, up 172.1% from the prior year.
- Annual Research & Development has increased for six consecutive years, with a five-year compound annual growth rate of 109.3% (years ended Dec 2020 to Dec 2025).
- In prior years, Quoin Pharmaceuticals' Research & Development was $3.6 million in the year ended Dec 31, 2024 (+8.9%), $3.31 million in the year ended Dec 31, 2023 (+23.8%), $2.67 million in the year ended Dec 31, 2022 (+71.0%) and $1.56 million in the year ended Dec 31, 2021 (+540.1%).
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Research & Development in data going back to the quarter ended Jun 30, 2021.
- On a year-over-year basis, Research & Development has increased in each of the last eight quarters, with growth averaging 114.2% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was the quarter ended Jun 30, 2025, with growth of 249.0%; the weakest was the quarter ended Dec 31, 2022, with a decline of 39.1%.
- According to Business Quant data, Research & Development for the three prior quarters was $3.43 million (quarter ended Mar 31, 2026), $3.1 million (quarter ended Dec 31, 2025) and $2.28 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,261.99 Bn | 1,235.61 Bn | 20.46 Bn | 4.25 Bn |
| 2 | Johnson & Johnson | 678.93 Bn | 598.79 Bn | 17.30 Bn | 4.65 Bn |
| 3 | AbbVie | 518.29 Bn | 486.30 Bn | 13.12 Bn | 2.57 Bn |
| 4 | Merck | 365.98 Bn | 328.92 Bn | 13.19 Bn | 4.54 Bn |
| 5 | Novartis Ag | 316.85 Bn | 290.09 Bn | - | - |
| 6 | Astrazeneca | 293.40 Bn | 267.29 Bn | 13.26 Bn | 3.89 Bn |
| 7 | Amgen | 251.78 Bn | 203.43 Bn | 7.58 Bn | 2.11 Bn |
| 8 | Gilead Sciences | 210.61 Bn | 185.71 Bn | 6.73 Bn | 1.61 Bn |
| 9 | Pfizer | 166.87 Bn | 114.23 Bn | 12.56 Bn | 3.02 Bn |
| 10 | Quoin Pharmaceuticals | 562,565.56 | -76.27 Mn | - | 2.66 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.66 Mn |
| Jun 30, 2026 | 3.63 Mn |
| Mar 31, 2026 | 3.43 Mn |
| Dec 31, 2025 | 3.10 Mn |
| Sep 30, 2025 | 2.28 Mn |
| Jun 30, 2025 | 2.05 Mn |
| Mar 31, 2025 | 2.37 Mn |
| Dec 31, 2024 | 1.05 Mn |
| Sep 30, 2024 | 1.08 Mn |
| Jun 30, 2024 | 587,503.00 |
| Mar 31, 2024 | 885,298.00 |
| Dec 31, 2023 | 832,391.00 |
| Sep 30, 2023 | 758,759.00 |
| Jun 30, 2023 | 625,104.00 |
| Mar 31, 2023 | 1.09 Mn |
| Dec 31, 2022 | 613,067.00 |
| Sep 30, 2022 | 745,506.00 |
| Jun 30, 2022 | 726,694.00 |
| Mar 31, 2022 | 587,569.00 |
| Dec 31, 2021 | 1.01 Mn |
Quoin Pharmaceuticals Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=QNRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "QNRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=QNRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();