Professional
Added to YB: 2025-09-10
Pitch date: 2025-09-08
CPH.TO [bullish]
Cipher Pharmaceuticals Inc.
-16.58%
current return
Author Info
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Company Info
Cipher Pharmaceuticals Inc. operates as a specialty pharmaceutical company in Canada. It offers Epuris (isotretinoin), an oral retinoid indicated for the treatment of severe nodular and/or inflammatory acne, acne conglobate and recalcitrant acne; Actikerall, a topical solution indicated for the treatment of slightly palpable and/or moderately thick hyperkeratotic actinic keratosis (Grade I/II) of the face, forehead, and balding scalp; Natroba for the topical treatment of head lice and scabies infestations in adult and pediatric patients; Vaniqa, a topical cream for the slowing of the growth of unwanted facial hair in women; Durela, an opioid analgesic for the management of moderate to moderately severe pain in adults; Brinavess for the rapid conversion of onset atrial fibriallation to sinus rhythm in adults; and Aggrastat, a reversible GP IIb/IIIa inhibitor for use in patients with Acute Coronary Syndrome.
Market Cap
CAD 253.4M
Pitch Price
CAD 16.77
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.11
P/E
14.93
EV/Sales
5.16
Sector
Pharmaceuticals
Category
value
Idea Brunch with Anthony Fruci of Halvio Capital - Cipher Pharmaceuticals Inc.
CPH.TO: Specialty pharma w/ Epuris (50% severe acne market) + ParaPRO acquisition doubled EBITDA to ~$24M. Natroba has 23% scabies/lice share, superior to market leader Permethrin. Minimal debt, no capex means EBITDA=FCF. Targeting $50M EBITDA = 6x EV/FCF. CEO Craig Mull owns ~50%, proven allocator seeking more deals.
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