Medicus Pharma Ltd.MDCX

NasdaqHealthcarePharmaceutical Preparations
Price (close)
$0.16
Market cap
$9.6M
P/E
—
Revenue (TTM)
—
Net income
-$56.7M
Dividend yield
—
1-year total return
-93.6%
Net margin
—
Revenue growth
—
Debt / equity
—

What Medicus Pharma Ltd. does.

Our company (formerly, Interactive Capital Partners Corporation) was incorporated pursuant to the Business Corporations Act (Ontario) on April 30, 2008 under the name Interactive Capital Partners Corporation.

On September 29, 2023, the Company completed a business combination (the "Business Combination") with SkinJect Inc. ("SkinJect"), a company existing under the laws of Pennsylvania. The Business Combination was completed pursuant to a business combination agreement dated May 12, 2023, as amended, among the Company, SkinJect and RBx Capital, LP ("RBx"), an investment entity owned and managed by Dr. Raza Bokhari, and resulted in a reverse takeover of the Company by the former shareholders of SkinJect, with SkinJect becoming a wholly owned operating subsidiary of the Company, and the Company being renamed "Medicus Pharma Ltd."

On October 11, 2023, the Company's common shares commenced trading on the TSX Venture Exchange (the "TSXV") under the symbol "MDCX". On November 15, 2024, we completed our initial public offering in the United States and our common shares and our outstanding public warrants to purchase common shares, issued as a component of the units sold by the Company in its U.S. initial public offering with an exercise price of $4.64 and expiration date of November 15, 2029 (the "Public Warrants"), began trading on Nasdaq under the symbols "MDCX" and "MDCXW", respectively. Effective on February 21, 2025, the Company's common shares were voluntarily delisted from the TSXV. The common shares continue to be listed on Nasdaq.

Revenue and profit, by fiscal year.

Fiscal year2022202320242025
Net income—-$5.3M-$11.2M-$47.3M

More on MDCX.

Figures from Medicus Pharma Ltd.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.