Sunshine Biopharma Acquires Rights to Launch Two Gastrointestinal Drugs in the Canadian $200 Million Market
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Sunshine Biopharma Inc. (NASDAQ:SBFM) has acquired rights to launch two gastrointestinal drugs in the Canadian market, valued at $200 million. One drug has already been launched by its subsidiary, Nora Pharma Inc., with the second expected in the next 9 months.
March 10, 2025 | 1:15 pm
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Sunshine Biopharma's acquisition of rights to two gastrointestinal drugs for the Canadian market could boost its revenue. The first drug is already launched, with the second expected in 9 months.
The acquisition and launch of new drugs in a $200 million market is a significant development for Sunshine Biopharma. This expansion into the Canadian market could lead to increased revenues, positively impacting the stock price.
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