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
DateValue
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