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SBFM · NASDAQ · Drug Manufacturers - Specialty & Generic

Sunshine Biopharma (SBFM)

Commercializer of Canadian generic medicines with early-stage oncology and antiviral research.

$0.9097
vs last close+0.00 (+0.38%)
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Sunshine Biopharma, Inc.SBFM
Health Care

Sells Canadian generic prescription drugs through Nora Pharma across pharmacy channels under licensed and distribution arrangements. A smaller proprietary pipeline targets liver cancer and SARS-coronavirus infections, while commercial operations depend on Health Canada approvals, provincial drug policies, and third-party suppliers.

Commercializes generic prescription drugs in Canada through Nora Pharma, using in-licensed, cross-licensed, and distribution arrangements. Products cover oncology, cardiovascular medicine, central-nervous-system disorders, anti-infectives, urology, diabetes, allergy, and women's health, and reach pharmacies, distributors, wholesalers, and direct pharmacy customers. Quebec is the principal market, with smaller exposure to Ontario, Alberta, and British Columbia.

Maintains smaller proprietary research programs: K1.1, an mRNA-lipid-nanoparticle liver-cancer candidate, and SBFM-PL4, a small-molecule protease inhibitor for SARS-coronavirus infections. Both remain at animal testing and had no regulatory filings as of the annual report. Canadian sales depend on Health Canada approvals, provincial pricing and formularies, and overseas suppliers that manufacture nearly all Nora products.

Company facts

CEODr. Steve N. Slilaty
ListedFeb 15, 2022
ExchangeNASDAQ
HeadquartersFort Lauderdale, FL
CountryCanada
Employees50
CIK0001402328
ISINUS8677818093

Market cap$2.2M
EPS (ttm)−$10.15
P/E (ttm)−0.0893
ROE-24.2%
P/B0.0783
P/S0.0610
Dividend yieldDiv yield
Beta0.97vs XLV 0.37

No analyst consensus on record.

Next report
Nov 12, 26
estimated · in 50 days
EPS estimate
−$0.17
Revenue estimate
$9.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Apr '26May '26Aug '26Nov '26
Reported−$10.10−$4.40−$3.90−$1.90−$3.00−$2.50−$1.15Pending
Estimate$0.10−$1.10−$1.30−$2.70−$2.50−$1.20−$0.17
Surprise−10,200.0%−254.5%−46.2%−11.1%0.0%+4.2%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Apr '26May '26Aug '26Nov '26
Reported$9.6M$8.9M$9.4M$9.4M$8.6M$8.1M$9.3MPending
Estimate$12.5M$11.2M$11.1M$10.0M$8.1M$8.7M$9.6M
Surprise−23.2%−16.0%−15.2%−14.0%0.0%+6.9%
Estimate−$0.17
ReportedDue Nov 12, 2026
Estimate$9.6M
ReportedDue Nov 12, 2026
View details

Debt to equity2.50%
Current ratio545.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$8.4M$9.6M$8.9M$9.4M$9.4M$8.6M$8.1M$9.3M
Net income−$1.2M−$2.2M−$1.2M−$1.8M−$883.8K−$2.1M−$1.2M−$1.6M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$1.1M−$2.0M−$1.3M−$992.8K−$532.0K−$1.7M−$1.4M−$1.6M
YoY growthLoss widenedLoss widenedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $13.7M · Total debt $678.3K · Total assets $33.6M · Shareholders' equity $27.5M

Revenue
$9.3M
Operating income
−$1.6M
Net income
−$1.6M
View details

No dividends on record.

Insiders2.87%68.3K shares
2 holders · as of Aug 11, 2026
Strategic holders8.41%200.0K shares
1 holder · as of Jul 8, 2026
Other88.72%2.11M shares
remainder

2.38M company shares as of Sep 17, 2026 · holders as of their latest filing

Two share counts disagree (3.88M in the company's Sep 23, 2026 report, 2.38M elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Alta Partners LLCStrategic
8.41%200,000filed Jul 8, 2026
David NatanInsiderdirector
2.87%68,300filed Aug 11, 2026
Michel RoyInsiderofficer: Chief Commercial Officer
0.00%0filed Jan 21, 2025
ApplicableInsider
16.40% of class, as filedfiled Nov 2, 2022
L1 Capital Global Opportunities Master Fund, Ltd.Institution
5.83% of class, as filedfiled May 22, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • Teva (ADR)

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Compare

CompanyPriceChange
Sunshine Biopharma$0.9097+0.38%$2.2M0.1−1.2%
Teva (ADR)$39.60+0.20%$46.03B65.914.12.7−0.8%
Viatris$17.41+1.34%$20.01B6.81.4+4.9%
Median65.910.52.0+2.0%