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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

Show full summary:
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.

Read full article (2 min)