Added to YB: 2024-03-20
Pitch date: 2024-03-16
CPH.TO [bullish]
Cipher Pharmaceuticals Inc.
+72.5%
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 8.11
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.11
P/E
14.93
EV/Sales
5.16
Sector
Pharmaceuticals
Category
N/A
Cipher Pharmaceuticals Inc Quick Update - $CPH.to
CPH.TO: In-line Q3, Absorica rev $1M (Q3 $2M+), Epuris $2.9M vs $2.6M YoY. Absorica stabilizing post-generic, share up. MOB-015 P3 data Jan '25, could top 90-95% of Canada market. Confident in '24 M&A, maybe beyond derm to CNS. Legacy biz steady, pipeline potential clearer. Valuation higher but below market. Aligned mgmt executing well.
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