Operating Expenses
Acquired in-process research and development
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
How to read this metric
High levels indicate an active inorganic growth strategy, while low levels suggest a focus on internal development.
Detailed definition
Acquired in-process research and development (IPR&D) represents the fair value of research projects acquired through bus...
Peer comparison
Common in biotech and pharma M&A; often compared to internal R&D spend to assess build-vs-buy strategies.
Metric ID:
lly_acquired_in_process_research_and_developmentBusiness Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Pharmaceuticals | $19.8M | $2.2M | $54.5M | $56.5M | $500K |
| Total | — | — | — | — | — |
Acquired in-process research and development at Other Companies
Frequently Asked Questions
- What does acquired in-process research and development mean?
- Costs associated with purchasing unfinished research projects from other companies.