Analysts Are Optimistic We'll See A Profit From Sunshine Biopharma, Inc. (NASDAQ:SBFM) [Yahoo! Finance]
Sunshine Biopharma Inc. (SBFM)
NASDAQ:AMEX Investor Relations:
sunshinebiopharma.com/press-releases.html
Company Research
Source: Yahoo! Finance
Sunshine Biopharma, Inc., a pharmaceutical company, focuses on the research and development of life-saving medicines in various therapeutic areas, including oncology and antivirals. The US$5.9m market-cap company posted a loss in its most recent financial year of US$27m and a latest trailing-twelve-month loss of US$27m leading to an even wider gap between loss and breakeven. Many investors are wondering about the rate at which Sunshine Biopharma will turn a profit, with the big question being “when will the company breakeven?” In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. View our latest analysis for Sunshine Biopharma Expectations from some of the American Biotechs analysts is that Sunshine Biopharma is on the verge of breakeven. They expect the company to post a final loss in 2023, before turning a profit of US$2.5m in 2024. Therefore, the company is expected to breakeven roughly 12 months from now o
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News
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- NORA PHARMA RECEIVES HEALTH CANADA APPROVAL FOR NIOPEG®, A BIOSIMILAR OF NEULASTA®PR Web
- Predictive Oncology, BIMI Holdings, IMAC Holdings among healthcare movers [Seeking Alpha]Seeking Alpha
- Sunshine Biopharma's Nora Pharma Receives Health Canada Approval for Niopeg(R), a Biosimilar of Neulasta(R) [Yahoo! Finance]Yahoo! Finance
- Sunshine Biopharma's Nora Pharma Receives Health Canada Approval for Niopeg(R), a Biosimilar of Neulasta(R)Accesswire
SBFM
Sec Filings
- 4/23/24 - Form 8-K
- 4/1/24 - Form 8-K
- 3/28/24 - Form 10-K
- SBFM's page on the SEC website