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MDCX · NASDAQ · Biotechnology

Medicus Pharma (MDCX)

Develops clinical-stage therapies for skin cancer, urology, oncology, and women’s health.

$0.1681
Pre-market−0.00 (−0.83%)
At close$0.1695(−0.47%)
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Medicus Pharma Ltd. Common StockMDCX
Health Care

Develops SkinJect, a microneedle patch for basal cell carcinoma, and Teverelix, a long-acting GnRH antagonist for oncology, urology, and women’s health. Its partnership-oriented model advances licensed or acquired programs through clinical development rather than selling medicines today.

Develops a pair of clinical-stage therapeutic platforms rather than commercializing medicines itself. SkinJect is a dissolvable microneedle patch designed to deliver doxorubicin into basal cell carcinoma lesions, while Teverelix is a long-acting GnRH antagonist under study for prostate cancer, acute urinary retention, and endometriosis.

Operates through Pennsylvania-based SkinJect and UK-based Antev, with clinical and regulatory activity across the United States, Europe, and the UAE. The model is to acquire or in-license assets, produce mid-stage clinical and regulatory data packages, then seek partnerships, regional licenses, or broader commercialization agreements. Neither platform is approved or generates product revenue; development depends on financing, external collaborators, clinical sites, licensors, and regulator decisions.

Company facts

CEODr. Raza Bokhari
ListedNov 14, 2024
ExchangeNASDAQ
HeadquartersWest Conshohocken, PA
CountryCanada
Employees16
CIK0001997296
ISINCA58471K2020

Market cap$3.8M
EPS (ttm)−$1.62
P/E (ttm)−0.1056
ROE
P/B
P/S
Dividend yieldDiv yield
Beta1.90vs XLV 0.92

Price target$1.00+488.2%Average of 2 analysts
ConsensusBuy2 of 2 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 28, 2026Industrial Alliance SecuritiesTarget
Target:
Target: $1
Jul 28, 2026Alliance Global PartnersInitiate
Rating:
Rating: Buy

Next report
Nov 13, 26
estimated · in 52 days
EPS estimate
−$0.17
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.18−$0.42−$0.43−$1.12−$0.51−$0.31−$0.21Pending
Estimate−$0.32−$0.23−$0.39−$0.38−$0.32−$0.18−$0.13−$0.17
Surprise+43.8%−82.6%−10.3%−194.7%−57.8%−72.2%−64.7%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
ReportedPending
Estimate
Surprise
Estimate−$0.17
ReportedDue Nov 13, 2026
Estimate
ReportedDue Nov 13, 2026
View details

Current ratio156.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$3.0M−$2.3M−$5.1M−$6.2M−$16.0M−$8.2M−$6.6M−$8.4M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$3.0M−$2.4M−$5.1M−$6.0M−$15.4M−$7.8M−$6.3M−$8.3M
YoY growthLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $10.7M · Total debt $15.3M · Total assets $19.1M · Shareholders' equity −$1.2M

Revenue
$0
Operating income
−$8.3M
Net income
−$8.4M
View details

No dividends on record.

Institutions4.15%2.62M shares
22 holders · as of Jun 30, 2026
Insiders21.81%13.78M shares
12 holders · as of Sep 8, 2026
Strategic holders10.40%6.57M shares
1 holder · as of May 21, 2025
Other63.64%40.21M shares
remainder

63.18M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (63.18M in the company's Sep 22, 2026 report, 22.04M elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Velocity Fund Partners, LPStrategic10 percent owner
10.40%6.57Mfiled May 21, 2025
Raza BokhariInsiderdirector, officer: Chief Executive Officer
5.91%3.73Mfiled Sep 8, 2026
Kenneth R. MelaniInsider10 percent owner
5.26%3.32Mfiled Dec 31, 2024
Ajay Raju1Insider10 percent owner
3.17%2.00Mfiled Dec 31, 2024
Interchange Capital Partners, LLCInstitution
2.51%1.59Mas of Jun 30, 2026
  1. Reported at 3.70% on May 5, 2026, under the 5% line, so no further filing is required.

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

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ComparePre-market

CompanyPriceChange
Medicus Pharma$0.1681−0.83%$3.8M
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Verrica Pharmaceuticals$4.51+1.35%$77.1M2.5−53.9%
Regeneron$799.87+0.15%$82.23B19.713.25.3+16.7%
Median47.115.35.3+10.2%