Added to YB: 2026-02-18
Pitch date: 2026-02-14
CPH.TO [neutral]
Cipher Pharmaceuticals Inc.
+0.07%
current return
Author Info
Petty Cash shares microcap investing ideas (mainly in Canada) in their newsletter. Sign up for the newsletter.
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 275.7M
Pitch Price
CAD 14.56
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.24
P/E
16.29
EV/Sales
5.61
Sector
Pharmaceuticals
Category
growth
CPH Update
CPH.TO (update): Canadian pharma w/ Epuris, Absorica, Natroba (head lice). Post-ParaPRO acquisition transforming business. Est. steady-state ~$55M rev, $25-30M EBITDA. Natroba expansion (Canada approval pending, US growth, global out-licensing potential), Absorica in-house 2027 (Sun arbitration ongoing). Trading ~10x EV/EBITDA vs potential upside from market share gains, geographic expansion, optionality on MOB-015 nail fungus, CF-101 psoriasis. Risks: Natroba stalls, Absorica transition, arbitration loss.
Read full article (7 min)