RedHill Biopharma (RDHL) Research & Development (2012 - 2023)
RedHill Biopharma (RDHL) reported Research & Development of $1.2 million for Q2 2023, down 15.29% year-over-year from $1.5 million in Q2 2022, and up 15.04% quarter-over-quarter from $1.1 million in Q1 2023.
RedHill Biopharma (RDHL) Research & Development (2012 - 2023) Analysis & Trends
RedHill Biopharma (RDHL) has 12 years of Research & Development data on file, last reported at $1.2 million in Q2 2023.
- Research & Development for Q2 2023 came in at $1.2 million, down 15.29% year-over-year; the trailing twelve-month figure through Jun 2023 was $5.1 million (down 68.71% YoY), and the FY2025 annual result was $2.0 million, up 27.39% from the prior year.
- Research & Development improved to $1.2 million in Q2 2023 per RDHL's latest filing, from $1.1 million in the prior quarter.
- Over five years, Research & Development peaked at $10.3 million in Q2 2021 and troughed at $1.1 million in Q1 2023.
- A 5-year average of $4.1 million and a median of $3.1 million in 2020 frame the typical range for Research & Development.
- The sharpest annual moves came in 2021 and 2022: Research & Development soared 221.34% in 2021, then tumbled 85.75% in 2022.
- A 5-year view of Research & Development shows it stood at $2.3 million in 2019, then soared by 171.92% to $6.2 million in 2020, then fell by 5.19% to $5.9 million in 2021, then plunged by 80.69% to $1.1 million in 2022, then climbed by 10.06% to $1.2 million in 2023.
- Business Quant data shows RDHL's Research & Development at $1.2 million in Q2 2023, $1.1 million in Q1 2023, and $1.1 million in Q4 2022.
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 | RedHill Biopharma | 142.34 Mn | 142.34 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 1.25 Mn |
| Mar 31, 2023 | 1.08 Mn |
| Dec 31, 2022 | 1.13 Mn |
| Sep 30, 2022 | 1.61 Mn |
| Jun 30, 2022 | 1.47 Mn |
| Mar 31, 2022 | 3.06 Mn |
| Dec 31, 2021 | 5.87 Mn |
| Sep 30, 2021 | 5.82 Mn |
| Jun 30, 2021 | 10.33 Mn |
| Mar 31, 2021 | 7.48 Mn |
| Dec 31, 2020 | 6.19 Mn |
| Sep 30, 2020 | 4.32 Mn |
| Jun 30, 2020 | 3.21 Mn |
| Mar 31, 2020 | 2.77 Mn |
| Dec 31, 2019 | 2.28 Mn |
| Sep 30, 2019 | 2.80 Mn |
| Jun 30, 2019 | 6.97 Mn |
| Mar 31, 2019 | 5.37 Mn |
| Dec 31, 2018 | 5.78 Mn |
| Sep 30, 2018 | 6.62 Mn |