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Medexus Pharmaceuticals Inc. (V:MDP)

Business Focus: Pharmaceuticals (NEC)

Sector:  Healthcare Industry:  Pharmaceuticals
 
Company Contact
Address: 35 Nixon Road, Unit 1
BOLTON ON L7E 1K1
Tel: 1-905-3303275
Website: https://www.medexus.com/en_US
IR: See website
Key People
Ken D'entremont
Chief Executive Officer, Director
Marcel Pascal Konrad
Chief Financial Officer
Ian C. Wildgoose Brown
General Counsel, Corporate Secretary
Michael Adelman
General Manager, U.S. Operations
Richard Labelle
General Manager, Canadian Operations
 
Business Overview
Medexus Pharmaceuticals Inc. is a Canada-based specialty pharmaceutical company with a North American commercial platform. The Company has a portfolio of rare disease treatment solutions. The Company is focused on the therapeutic areas of oncology, hematology, rheumatology, auto-immune diseases, allergy and dermatology. The Company has two divisions: Medexus Pharma Canada and Medexus Pharma USA. Medexus Pharma Canada division is a fully integrated commercial infrastructure focused on rheumatology, allergy, auto-immune disease, specialty oncology and pediatric diseases in Canada. The division's prescription products include Metoject (Methotrexate Injection), Rupall (Rupatadine), Cuvposa (Glycopyrrolate Oral Solution), Pediapharm Naproxen Suspension (Naproxen) and others. Medexus Pharma USA division is a fully integrated commercial infrastructure focused on rheumatology and auto-immune diseases in the United States. The division's products include Rasuvo, IXINITY and Gleolan.
Financial Overview
For the nine months ended 31 December 2023, Medexus Pharmaceuticals Inc revenues increased 10% to $87.1M. Net loss decreased 83% to $976K. Revenues reflect Canada (Country) segment increase of 25% to $27.6M, United States (Country) segment increase of 4% to $59.5M. Lower net loss reflects Selling and administrative expenses - Ba decrease of 59% to $9.1M (expense), Foreign exchange loss (gain) increase from $1.6M (expense) to $212K (income).
Employees: 98 as of Mar 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $118.13M as of Dec 31, 2023
Annual revenue (TTM): $158.09M as of Dec 31, 2023
EBITDA (TTM): $25.45M as of Dec 31, 2023
Net annual income (TTM): $8.03M as of Dec 31, 2023
Free cash flow (TTM): $28.35M as of Dec 31, 2023
Net Debt Last Fiscal Year: $60.21M as of Dec 31, 2023
Shares outstanding: 24,458,213 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization