RedHill Biopharma (RDHL) Research & Development (2012 - 2023)
RedHill Biopharma's (RDHL) quarterly Research & Development came in at $1.2 million in 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.
Analysis
RedHill Biopharma (RDHL) Research & Development (2012 - 2023) Analysis & Trends
RedHill Biopharma (RDHL) has reported Research & Development for 12 consecutive years, with $1.2 million the latest figure, recorded in Q2 2023.
- On a quarterly basis, Research & Development fell 15.29% year-over-year to $1.2 million in Q2 2023; TTM through Jun 2023 was $5.1 million, a 68.71% decrease from a year earlier, with the FY2025 full-year figure at $2.0 million, up 27.39% from the prior year.
- Research & Development was $1.2 million for Q2 2023 at RedHill Biopharma, up 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.
- Across the five-year window, Research & Development surged 221.34% in 2021 and plunged 85.75% in 2022, its largest moves.
- Over 5 years, Research & Development stood at $2.3 million in 2019, then surged by 171.92% to $6.2 million in 2020, then declined by 5.19% to $5.9 million in 2021, then sank by 80.69% to $1.1 million in 2022, then advanced by 10.06% to $1.2 million in 2023.
- The last three Research & Development figures came in at $1.2 million (Q2 2023), $1.1 million (Q1 2023), and $1.1 million (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 42.60 Bn | 38.95 Bn | 2.15 Bn | 970.00 Mn |
| 2 | Viatris | 19.13 Bn | 18.24 Bn | 1.46 Bn | 248.30 Mn |
| 3 | Dr Reddys Laboratories | 9.86 Bn | 9.69 Bn | 396.53 Mn | 60.90 Mn |
| 4 | Amneal Pharmaceuticals | 5.46 Bn | 5.33 Bn | 334.51 Mn | 39.02 Mn |
| 5 | Bausch Health Companies | 2.36 Bn | 520.75 Mn | 2.10 Bn | 173.00 Mn |
| 6 | Alvotech | 1.51 Bn | 1.37 Bn | 2.56 Mn | -21.86 Mn |
| 7 | Ani Pharmaceuticals | 1.49 Bn | 1.13 Bn | 165.89 Mn | 14.75 Mn |
| 8 | Amphastar Pharmaceuticals | 992.90 Mn | 702.78 Mn | 93.47 Mn | 22.16 Mn |
| 9 | Fennec Pharmaceuticals | 411.09 Mn | 369.84 Mn | 17.15 Mn | 10.66 Mn |
| 10 | RedHill Biopharma | 181.39 Mn | 181.39 Mn | - | - |
Historic Data
Download Data
Historic 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 |