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Cipher Pharmaceuticals Inc T.CPH

Alternate Symbol(s):  CPHRF

Healthcare
Cipher Pharmaceuticals Inc. is a Canada-based specialty pharmaceutical company with a diversified portfolio of commercial and early to late-stage products. The Company acquires products that fulfill unmet medical needs, manages the required clinical development and regulatory approval process, and markets those products either directly in Canada or indirectly through partners in Canada, the United States and South America. Its Dermatology products include Actikerall, Epuris, Ozanex and Vaniqa. Its Hospital Acute Care products include Aggrastat and Brinavess. Its Out-Licensed products include Absorica, ConZip and Lipofen. The Company is also focused on building a portfolio of prescription medicines that serve unmet medical needs. The Company's product pipeline development programs including MOB-015, DTR-001, and CF-101. The Company's subsidiaries include Cipher US Holdings Inc., Cipher US Holdco LLC, and Cipher Pharmaceuticals US LLC.


TSX:CPH - Post by User

Cipher Pharmaceuticals Inc > Quiet Board
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Post by Stocker46on Mar 09, 2021 3:52pm
265 Views
Post# 32755092

Quiet Board

Quiet BoardVery interested in seeing Cipher's 4th Quarter/Annual Financials that will likely be released next week.

Highly probable they booked the $5.4M US impairment charge in 4th quarter while the $240,000 (plus any other payments to Bausch prior to March 31st) will be booked in 1st Quarter.

Cipher may generate enough revenue & product profits (in 4th Q)
to offset a significant chunk of the impairment charge .. but it's doutful.
I'd guesstimate they'll record a Net Loss for the year 2020.


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