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Added to YB: 2025-11-11

Pitch date: 2025-11-07

CPH.TO [neutral]

Cipher Pharmaceuticals Inc.

+0.5%

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 13.92

Price Target

N/A

Dividend

N/A

EV/EBITDA

13.11

P/E

14.93

EV/Sales

5.16

Sector

Pharmaceuticals

Category

growth

Show full summary:
Cipher Pharmaceuticals Q3 2025 Update

CPH.TO (earnings): Q3 rev $12.8M (+24% YoY), Natroba $8.1M (+47%), adj EBITDA $7.3M (+79%). Debt down to $8M from $45M, expect debt-free by YE. Trading 10x EV/FCF, 9.3x EV/EBITDA. DTC launch 2026, Canada filing Q4. Multiple growth catalysts but market wants M&A details.

Read full article (3 min)