Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Pharmadrug Inc. (C:PHRX)

Business Focus: Pharmaceuticals Wholesale

Sector:  Healthcare Industry:  Pharmaceuticals
 
Company Contact
Address: 77 King St. West, Suite 2905
TORONTO ON M5K 1H1
Tel: N/A
Website: https://pharmadrug.ca
IR: See website
Key People
N/A    
Business Overview
PharmaDrug Inc. is a Canada-based specialty pharmaceutical company. The Company is focused on the research, development and commercialization of controlled-substances and natural medicines, such as psychedelics and previously approved drugs. The Company's subsidiary, Sairiyo Therapeutics (Sairiyo), is a biotech company that specializes in researching and reformulating established natural medicines. Sairiyo is engaged in the development of its patented reformulation of cepharanthine, a drug that has shown substantial third party validated potential for the treatment of infectious diseases (including Covid-19) and rare cancers. In clinical research, Cepharanthine exhibits multiple pharmacological effects, including anti-oxidative, anti-inflammatory, immuno-regulatory, anti-cancer, anti-viral and anti-parasitic properties. Sairiyo is also conducting research and development (R&D) in the psychedelics space for the treatment of non-neuropsychiatric conditions.
Financial Overview
For the three months ended 31 March 2024, Pharmadrug Inc revenues was not reported. Net loss increased from C$179K to C$497K. Higher net loss reflects Business development increase from C$2K to C$290K (expense), Fair value change in investments decrease from C$159K (income) to C$0K, Research expense increase from C$13K to C$65K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $3.96M as of Mar 31, 2024
Annual revenue (TTM): $0.00M as of Mar 31, 2024
EBITDA (TTM): -$1.63M as of Mar 31, 2024
Net annual income (TTM): -$13.52M as of Mar 31, 2024
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: $1.14M as of Mar 31, 2024
Shares outstanding: 104,691,210 as of Mar 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization