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-on-year from $1.5 million in Q2 2022, and up 15.04% on a QoQ basis 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.

  • 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 for Q2 2023 stood at $1.2 million, up from $1.1 million in the prior quarter.
  • Over the last five years, Research & Development for RDHL reached as high as $10.3 million in Q2 2021 and fell as low as $1.1 million in Q1 2023.
  • Historically, Research & Development has averaged $4.1 million across 5 years, with a median of $3.1 million in 2020.
  • Across the five-year window, Research & Development jumped 221.34% in 2021 and sank 85.75% in 2022, its largest moves.
  • Year by year, Research & Development stood at $2.3 million in 2019, then soared by 171.92% to $6.2 million in 2020, then slipped by 5.19% to $5.9 million in 2021, then sank by 80.69% to $1.1 million in 2022, then rose by 10.06% to $1.2 million in 2023.
  • Per Business Quant data, the three most recent Research & Development figures were $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 Haleon 88.07 Bn 86.20 Bn - -
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn 696.00 Mn
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn 180.00 Mn
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn 7.37 Bn
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn 138.20 Mn
6 RedHill Biopharma 21.32 Bn 21.32 Bn - -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn 248.60 Mn
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn 296.20 Mn
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn 97.00 Mn
10 Vireo Growth 10.53 Bn 10.38 Bn 59.30 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