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Added to YB: 2026-02-18

Pitch date: 2026-02-14

CPH.TO [neutral]

Cipher Pharmaceuticals Inc.

+0.07%

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 14.56

Price Target

N/A

Dividend

N/A

EV/EBITDA

14.24

P/E

16.29

EV/Sales

5.61

Sector

Pharmaceuticals

Category

growth

Show full summary:
CPH Update

CPH.TO (update): Canadian pharma w/ Epuris, Absorica, Natroba (head lice). Post-ParaPRO acquisition transforming business. Est. steady-state ~$55M rev, $25-30M EBITDA. Natroba expansion (Canada approval pending, US growth, global out-licensing potential), Absorica in-house 2027 (Sun arbitration ongoing). Trading ~10x EV/EBITDA vs potential upside from market share gains, geographic expansion, optionality on MOB-015 nail fungus, CF-101 psoriasis. Risks: Natroba stalls, Absorica transition, arbitration loss.

Read full article (7 min)