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Added to YB: 2024-04-08

Pitch date: 2024-04-08

CPH.TO [bullish]

Cipher Pharmaceuticals Inc.

+64.98%

current return

Author Info

Framp Files shares stock pitches on his blog and Seeking Alpha. 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 253.4M

Pitch Price

CAD 8.48

Price Target

24.78 (+77%)

Dividend

N/A

EV/EBITDA

13.11

P/E

14.93

EV/Sales

5.16

Sector

Pharmaceuticals

Category

growth

Show full summary:
Cipher Pharma - Potential Multibagger in Toenail Fungus - CPH.TO

CPH.TO: Nail fungus play, expects to disrupt $80-90M market by 2026 with superior MOB-015 treatment (90% share potential). Cash pile for M&A and buybacks. 2030 PT $24.78 (17% CAGR) base case but huge upside if market grows from 20% to 40-60% treatment rate as MOB-015 cures 3x faster.

Read full article (9 min)