Merck Research and Development Expenses 2010-2024 | MKKGY

Merck annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Merck research and development expenses for the quarter ending December 31, 2024 were $0.562B, a 21.76% decline year-over-year.
  • Merck research and development expenses for the twelve months ending December 31, 2024 were $2.466B, a 6.81% decline year-over-year.
  • Merck annual research and development expenses for 2024 were $2.466B, a 6.81% decline from 2023.
  • Merck annual research and development expenses for 2023 were $2.646B, a 0.37% decline from 2022.
  • Merck annual research and development expenses for 2022 were $2.656B, a 6.77% decline from 2021.
Merck Annual Research and Development Expenses
(Millions of US $)
2024 $2,466
2023 $2,646
2022 $2,656
2021 $2,849
2020 $2,614
2019 $2,540
2018 $2,628
2017 $2,419
2016 $2,187
2015 $1,897
2014 $2,265
2013 $1,998
2012 $1,944
2011 $2,113
2010 $0
2009 $0
Merck Quarterly Research and Development Expenses
(Millions of US $)
2024-12-31 $562
2024-09-30 $576
2024-06-30 $697
2024-03-31 $631
2023-12-31 $719
2023-09-30 $632
2023-06-30 $654
2023-03-31 $641
2022-12-31 $713
2022-09-30 $647
2022-06-30 $639
2022-03-31 $658
2021-12-31 $674
2021-09-30 $778
2021-06-30 $705
2021-03-31 $692
2020-12-31 $782
2020-09-30 $621
2020-06-30 $573
2020-03-31 $639
2019-12-31 $699
2019-09-30 $620
2019-06-30 $622
2019-03-31 $599
2018-12-31 $724
2018-09-30 $630
2018-06-30 $642
2018-03-31 $632
2017-12-31 $678
2017-09-30 $641
2017-06-30 $573
2017-03-31 $528
2016-12-31 $591
2016-09-30 $494
2016-06-30 $561
2016-03-31 $539
2015-12-31 $430
2015-09-30 $464
2015-06-30 $504
2015-03-31 $498
2014-12-31 $536
2014-09-30 $668
2014-06-30 $541
2014-03-31 $519
2013-12-31 $471
2013-09-30 $502
2013-06-30 $488
2013-03-31 $537
2012-12-31
2012-09-30 $464
2012-06-30 $519
2012-03-31
2011-12-31
2011-09-30
2011-06-30 $531
2011-03-31
2010-12-31
2010-09-30 $450
2010-06-30
2010-03-31
2009-12-31
2009-09-30
2009-06-30
2009-03-31
Sector Industry Market Cap Revenue
Medical Medical - Drug Manufacturing $17.344B $22.569B
Merck is a global pharmaceutical and chemical company. Its success is characterized by innovations from entrepreneurial employees. Merck's operating activities come under the umbrella of Merck KGaA, in which the Merck family holds an approximately 70% interest and free shareholders own the remaining approximately 30%. In 1917 the U.S. subsidiary Merck & Co. was expropriated and has been an independent company ever since.
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Takeda Pharmaceutical (TAK) Japan $48.970B 9.74
Daiichi Sankyo, - (DSNKY) Japan $47.728B 24.46
BeOne Medicines - (ONC) Cayman Islands $30.278B 0.00
Sandoz Group AG (SDZNY) Switzerland $23.478B 0.00
Summit Therapeutics (SMMT) United States $14.972B 0.00
Shionogi (SGIOY) Japan $14.530B 14.56
United Therapeutics (UTHR) United States $12.907B 11.42
Neurocrine Biosciences (NBIX) United States $12.372B 42.38
Orion OYJ (ORINY) Finland $10.289B 27.82
IPSEN (IPSEY) France $9.940B 0.00
Corcept Therapeutics (CORT) United States $7.548B 61.36
Stevanato Group S.p.A (STVN) Italy $7.268B 44.44
Madrigal Pharmaceuticals (MDGL) United States $6.599B 0.00
Grifols, S.A (GRFS) Spain $6.174B 0.00
Hikma Pharmaceuticals Plc (HKMPF) United Kingdom $6.153B 0.00
Ionis Pharmaceuticals (IONS) United States $5.669B 0.00
Ono Pharmaceutical (OPHLF) Japan $5.031B 15.30
Soleno Therapeutics (SLNO) United States $4.042B 0.00
Hypermarcas (HYPMY) Brazil $3.110B 20.46
Crinetics Pharmaceuticals (CRNX) United States $3.012B 0.00
Catalyst Pharmaceuticals (CPRX) United States $2.963B 10.38
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NewAmsterdam Pharma (NAMS) Netherlands $2.361B 0.00
BioCryst Pharmaceuticals (BCRX) United States $2.176B 0.00
Recursion Pharmaceuticals (RXRX) United States $2.102B 0.00
Indivior (INDV) United States $1.921B 8.15
Dyne Therapeutics (DYN) United States $1.644B 0.00
Centessa Pharmaceuticals (CNTA) United Kingdom $1.608B 0.00
Evotec AG (EVO) Germany $1.577B 0.00
Ocular Therapeutix (OCUL) United States $1.426B 0.00
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Guardian Pharmacy Services (GRDN) United States $1.282B 0.00
Harrow (HROW) United States $1.143B 0.00
Aurinia Pharmaceuticals Inc (AUPH) Canada $1.112B 22.24
Enliven Therapeutics (ELVN) United States $0.965B 0.00
Akebia Therapeutics (AKBA) United States $0.959B 0.00
Collegium Pharmaceutical (COLL) United States $0.951B 5.13
Avadel Pharmaceuticals (AVDL) Ireland $0.904B 0.00
Ardelyx (ARDX) United States $0.890B 0.00
Cronos Group (CRON) Canada $0.768B 0.00
Elite Pharmaceuticals (ELTP) United States $0.735B 0.00
Xeris Biopharma Holdings (XERS) United States $0.691B 0.00
Xencor (XNCR) United States $0.671B 0.00
KalVista Pharmaceuticals (KALV) United States $0.651B 0.00
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AleAnna (ANNA) United States $0.586B 0.00
Altimmune (ALT) United States $0.580B 0.00
Verve Therapeutics (VERV) United States $0.563B 0.00
Regulus Therapeutics (RGLS) United States $0.559B 0.00
USANA Health Sciences (USNA) United States $0.555B 12.06
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Theravance Biopharma (TBPH) United States $0.531B 0.00
Liminatus Pharma (LIMN) United States $0.528B 0.00
Zevra Therapeutics (ZVRA) United States $0.512B 0.00
Tourmaline Bio (TRML) United States $0.511B 0.00
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Oruka Therapeutics (ORKA) United States $0.482B 0.00
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Organogenesis (ORGO) United States $0.402B 0.00
Savara (SVRA) United States $0.391B 0.00
Rigel Pharmaceuticals (RIGL) United States $0.381B 10.29
Aquestive Therapeutics (AQST) United States $0.329B 0.00
Heron Therapeutics (HRTX) United States $0.307B 0.00
Nanobiotix S.A (NBTX) France $0.271B 0.00
Nature's Sunshine Products (NATR) United States $0.267B 24.49
ProKidney (PROK) United States $0.262B 0.00
Tonix Pharmaceuticals Holding (TNXP) United States $0.253B 0.00
Esperion Therapeutics (ESPR) United States $0.238B 0.00
MediWound (MDWD) Israel $0.220B 0.00
OmniAb (OABI) United States $0.209B 0.00
4D Molecular Therapeutics (FDMT) United States $0.208B 0.00
Profound Medical (PROF) Canada $0.190B 0.00
Larimar Therapeutics (LRMR) United States $0.186B 0.00
Aldeyra Therapeutics (ALDX) United States $0.175B 0.00
Aclaris Therapeutics (ACRS) United States $0.166B 0.00
Journey Medical (DERM) United States $0.162B 0.00
Enanta Pharmaceuticals (ENTA) United States $0.158B 0.00
Avita Medical (RCEL) United States $0.153B 0.00
Innate Pharma SA (IPHYF) France $0.145B 0.00
Lyell Immunopharma (LYEL) United States $0.144B 0.00
Inhibikase Therapeutics (IKT) United States $0.142B 0.00
Lexeo Therapeutics (LXEO) United States $0.136B 0.00
Korro Bio (KRRO) United States $0.131B 0.00
Protara Therapeutics (TARA) United States $0.126B 0.00
VAXART, INC (VXRT) United States $0.123B 0.00
Cardiol Therapeutics (CRDL) Canada $0.119B 0.00
Achieve Life Sciences (ACHV) Canada $0.115B 0.00
Corbus Pharmaceuticals Holdings (CRBP) United States $0.112B 0.00
Nektar Therapeutics (NKTR) United States $0.109B 0.00
Ironwood Pharmaceuticals (IRWD) United States $0.108B 0.00
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Cassava Sciences (SAVA) United States $0.102B 0.00
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OptiNose (OPTN) United States $0.097B 0.00
Cumberland Pharmaceuticals (CPIX) United States $0.088B 65.11
Arch Biopartners (ACHFF) Canada $0.088B 0.00
Galectin Therapeutics (GALT) United States $0.085B 0.00
Nutriband (NTRB) United States $0.085B 0.00
Inotiv (NOTV) United States $0.081B 0.00
Surrozen (SRZN) United States $0.080B 0.00
Dominari Holdings (DOMH) United States $0.077B 0.00
Unicycive Therapeutics (UNCY) United States $0.077B 0.00
Pyxis Oncology (PYXS) United States $0.076B 0.00
ESSA Pharma (EPIX) Canada $0.075B 0.00
Vivani Medical (VANI) United States $0.071B 0.00
Klotho Neurosciences (KLTO) United States $0.065B 0.00
Verrica Pharmaceuticals (VRCA) United States $0.062B 0.00
Telomir Pharmaceuticals (TELO) United States $0.060B 0.00
NRx Pharmaceuticals (NRXP) United States $0.059B 0.00
Assertio Holdings (ASRT) United States $0.059B 0.00
Prelude Therapeutics (PRLD) United States $0.059B 0.00
Allergy Therapeutics (AGYTF) United Kingdom $0.059B 0.00
Context Therapeutics (CNTX) United States $0.059B 0.00
PMV Pharmaceuticals (PMVP) United States $0.057B 0.00
Rafael Holdings (RFL) United States $0.055B 0.00
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Avalo Therapeutics (AVTX) United States $0.053B 0.00
Century Therapeutics (IPSC) United States $0.052B 0.00
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ElectroCore (ECOR) United States $0.040B 0.00
Iterum Therapeutics (ITRM) Ireland $0.040B 0.00
Acrivon Therapeutics (ACRV) United States $0.040B 0.00
Karyopharm Therapeutics (KPTI) United States $0.038B 0.00
Jupiter Neurosciences (JUNS) United States $0.037B 0.00
Reviva Pharmaceuticals Holdings (RVPH) United States $0.036B 0.00
PolyPid (PYPD) Israel $0.035B 0.00
China SXT Pharmaceuticals (SXTC) China $0.032B 0.00
SCYNEXIS (SCYX) United States $0.032B 0.00
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Carisma Therapeutics (CARM) United States $0.023B 0.00
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CASI Pharmaceuticals (CASI) China $0.022B 0.00
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Cosmos Health (COSM) United States $0.014B 0.00
VYNE Therapeutics (VYNE) United States $0.014B 0.00
Vivos Therapeutics (VVOS) United States $0.013B 0.00
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Phio Pharmaceuticals (PHIO) United States $0.012B 0.00
Ainos (AIMD) United States $0.011B 0.00
GlycoMimetics (GLYC) United States $0.011B 0.00
Talphera (TLPH) United States $0.010B 0.00
Mangoceuticals (MGRX) United States $0.010B 0.00
Traws Pharma (TRAW) United States $0.010B 0.00
Ernexa Therapeutics (ERNA) United States $0.010B 0.00
Citius Pharmaceuticals (CTXR) United States $0.010B 0.00
Kiora Pharmaceuticals (KPRX) United States $0.009B 0.00
Addex Therapeutics (ADXN) Switzerland $0.009B 0.00
NLS Pharmaceutics (NLSP) Switzerland $0.009B 0.00
Biomerica (BMRA) United States $0.008B 0.00
Nuvilex (PMCB) United States $0.007B 0.00
Incannex Healthcare (IXHL) Australia $0.007B 0.00
SHINECO (SISI) China $0.007B 0.00
XTL Biopharmaceuticals (XTLB) Israel $0.007B 0.00
Aptorum Group (APM) United Kingdom $0.006B 0.00
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Plus Therapeutics (PSTV) United States $0.006B 0.00
Indaptus Therapeutics (INDP) United States $0.005B 0.00
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Quoin Pharmaceuticals (QNRX) United States $0.005B 0.00
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PainReform (PRFX) Israel $0.004B 0.00
Jaguar Animal Health (JAGX) United States $0.004B 0.00
Clearmind Medicine (CMND) Canada $0.004B 0.00
SciSparc (SPRC) Israel $0.004B 0.00
60 Degrees Pharmaceuticals (SXTP) United States $0.003B 0.00
XORTX Therapeutics (XRTX) Canada $0.003B 0.00
InMed Pharmaceuticals (INM) Canada $0.003B 0.00
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CERo Therapeutics Holdings (CERO) United States $0.003B 0.00
Qualigen Therapeutics (QLGN) United States $0.003B 0.00
Galmed Pharmaceuticals (GLMD) Israel $0.003B 0.00
TNF Pharmaceuticals (TNFA) United States $0.002B 0.00
Conduit Pharmaceuticals (CDT) United States $0.002B 0.00
Shuttle Pharmaceuticals Holdings (SHPH) United States $0.002B 0.00
Salarius Pharmaceuticals (SLRX) United States $0.002B 0.00
Universe Pharmaceuticals INC (UPC) China $0.000B 0.00
4D Pharma (LBPS) United Kingdom $0.000B 0.00
MEI Pharma (MEIP) United States $0.000B 0.00
Patheon (PTHN) Netherlands $0.000B 0.00
RVL Pharmaceuticals (RVLP) United States $0.000B 0.00
Silence Therapeutics (SLN) United Kingdom $0.000B 0.00