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Investor Relations14 Oct 2025
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Medicure (MPH) investor relations material
Medicure Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary21 Aug, 2025
Executive summary
Net revenue for Q2 2025 was $6.7M, up from $5.2M in Q2 2024, driven by growth in ZYPITAMAG, Marley Drug, and new pharmacy acquisitions including Gateway and West Olympia.
Net loss narrowed to $786K ($0.08/share) from $1.1M ($0.12/share) year-over-year, with adjusted EBITDA improving to negative $28K from negative $514K.
Revenue growth was driven by Marley Drug, Gateway Pharmacy, and West Olympia Pharmacy acquisitions.
Strategic focus includes expanding pharmacy operations, growing ZYPITAMAG and Marley Drug, maintaining AGGRASTAT sales, and advancing R&D for MC1 and new chemical entities.
R&D investment of $741K focused on advancing MC-1 for PNPO deficiency.
Financial highlights
ZYPITAMAG sales rose 21% year-over-year to $1.7M, with Marley Drug sales up 15% to $3.1M.
AGGRASTAT revenue declined slightly to $1.7M due to increased generic competition.
Gateway and West Olympia Pharmacy acquisitions contributed $1.1M in Q2 revenue.
Gross profit for the quarter was $3.4M, up from $3.0M year-over-year.
Cash balance at quarter-end was $4.7M, down from $7.2M at year-end, mainly due to acquisitions; company remains debt-free.
Outlook and guidance
Short-term goals: grow ZYPITAMAG and Marley Drug, expand pharmacy business, maintain AGGRASTAT sales, and advance MC1 to FDA approval.
Plans to offer ZYPITAMAG and other products through newly acquired pharmacies in future quarters.
Continued focus on expanding product offerings and increasing utilization through insurance formularies.
Long-term focus on developing new intellectual property and diversifying revenue through R&D and further acquisitions.
Outline next steps for the new NCE development.
How do new pharmacies enhance Marley Drug?
What is the AGGRASTAT competitive strategy?
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Frequently asked questions
Medicure Inc. is a pharmaceutical company focused on the development and commercialization of prescription medicines for cardiovascular and related conditions. It markets approved therapies primarily in the United States. The company is headquartered in Winnipeg, Canada, and its shares are listed on the TSXV.
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