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Operating Expenses

Acquired in-process research and development

Neurocrine Biosciences Acquired in-process research and development increased by 24.7% to $21.2M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21100.0%, from $100K to $21.2M. Over 4 years (FY 2021 to FY 2025), Acquired in-process research and development shows a downward trend with a -36.2% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2017
Last reportedQ1 2026May 5, 2026

How to read this metric

High levels indicate an aggressive acquisition strategy to bolster the pipeline, which carries significant integration and development risk.

Detailed definition

Acquired in-process research and development represents the fair value of R&D projects obtained through business combina...

Peer comparison

Common in biotech; peers often report this as a non-recurring expense during periods of M&A activity.

Metric ID: lly_acquired_in_process_research_and_development

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$5M$0$100.3M$0$0$0$0$143.9M$0$0$0$6M$2.5M$1M$3M$100K$0$300K$17M$21.2M
QoQ Change-100.0%-100.0%-100.0%-58.3%-60.0%+200.0%-96.7%-100.0%>999%+24.7%
YoY Change-100.0%-100.0%-95.8%-98.3%-100.0%-70.0%+466.7%>999%
Range$0$143.9M
CAGR+35.5%
Avg YoY Growth>999%
Median YoY Growth-97.1%
Current Streak2 quarters growth

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Reportable Segment$100K$0$300K$17M$21.2M
Total$100K$0$300K$17M$21.2M

Acquired in-process research and development at Other Companies

Frequently Asked Questions

What is Neurocrine Biosciences's acquired in-process research and development?
Neurocrine Biosciences (NBIX) reported acquired in-process research and development of $21.2M in Q1 2026.
How has Neurocrine Biosciences's acquired in-process research and development changed year-over-year?
Neurocrine Biosciences's acquired in-process research and development increased by 21100.0% year-over-year, from $100K to $21.2M.
What is the long-term trend for Neurocrine Biosciences's acquired in-process research and development?
Over 4 years (2021 to 2025), Neurocrine Biosciences's acquired in-process research and development has grown at a -36.2% compound annual growth rate (CAGR), from $105.3M to $17.4M.
What does acquired in-process research and development mean?
Costs for buying unfinished research projects from other companies.