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Added to YB: 2024-11-15

Pitch date: 2024-11-15

CPH.TO [bullish]

Cipher Pharmaceuticals Inc.

-1.96%

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 14.27

Price Target

33.00 (+136%)

Dividend

N/A

EV/EBITDA

13.11

P/E

14.93

EV/Sales

5.16

Sector

Pharmaceuticals

Category

growth

Show full summary:
Actionable Ideas Update - 11/14/2024 - Cipher Pharmaceuticals Inc.

CPH.TO: Specialty pharma co. Q3 opex spike temporary. Normalized EBITDA $23M (45% margin). Natroba acquisition accretive to margins. Growth from Natroba market share gains & expansion. Future M&A to leverage existing infrastructure. $50M EBITDA potential in 2-3 years. PT $33 CAD (2x upside).

Read full article (6 min)