Added to YB: 2026-02-20
Pitch date: 2026-02-18
CPH.TO [bullish]
Cipher Pharmaceuticals Inc.
+0.28%
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 275.7M
Pitch Price
CAD 14.53
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.24
P/E
16.29
EV/Sales
5.61
Sector
Pharmaceuticals
Category
growth
Q1'26 Idea Inventory, Part 1: $CPH.TO
CPH.TO: Specialty pharma distributor in Canada (Epuris acne, 51% share) & US (Natroba scabies). Epuris protected by niche/prescriber stickiness, gushes cash. Natroba targeting Permethrin's 75% share in $168M market w/ 80% gross, 60% op margins. LBO platform: $82M credit facility + high FCF from Epuris fund accretive M&A. CEO owns 44%, proven allocator. Near-zero capex, tax-loss carryforwards.
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