Welcome to our dedicated page for Sunshine Biopharma news (Ticker: SBFM), a resource for investors and traders seeking the latest updates and insights on Sunshine Biopharma stock.
Sunshine Biopharma Inc. reports developments as a pharmaceutical company with commercial generic prescription drugs in Canada and proprietary drug-development programs in oncology and antivirals. News commonly covers product launches through its Nora Pharma subsidiary, including generic medicines such as Domperidone, Doxycycline and Pravastatin, as well as Health Canada commercialization approvals and expansion of therapeutic categories.
The company’s updates also address financial results, portfolio growth and research programs including K1.1 mRNA, an mRNA-lipid nanoparticle candidate targeting liver cancer, and a PLpro protease inhibitor for SARS-related coronavirus infections. Corporate and treasury actions may appear alongside operating updates when they affect Sunshine Biopharma’s capital strategy or public-company profile.
Sunshine Biopharma (NASDAQ:SBFM) closed a public offering raising approximately $6.0 million in gross proceeds from 12,000,000 Common (or Pre-Funded) Units priced at $0.50 per Common Unit.
Each unit includes one share (or pre-funded warrant) plus two Series C Warrants, which could generate up to an additional ~$12.0 million if fully exercised.
Sunshine Biopharma (NASDAQ:SBFM) priced a reasonable best efforts public offering expected to raise approximately $6.0 million in gross proceeds. The offering includes 12,000,000 Common Units or Pre-Funded Units at $0.50 per Common Unit (or $0.49999 per Pre-Funded Unit).
Each unit consists of one share of common stock or one pre-funded warrant plus two Series C warrants with a $0.50 exercise price, exercisable immediately. Closing is expected around May 19, 2026. Net proceeds are earmarked for general corporate purposes and working capital. The SEC declared the Form S-1 registration statement effective on May 18, 2026.
Sunshine Biopharma (NASDAQ:SBFM) filed its Form 10-K for fiscal 2025, reporting $36.31 million revenue, a 4.1% increase versus 2024. Gross profit rose to $12.26 million while net loss widened to $5.98 million.
The company raised $2.46 million via a registered direct offering, launched nine new generic drugs, recorded a $1.75 million non‑cash impairment, and announced planned 2026 cost reductions of approximately $2–3 million.
Sunshine Biopharma (NASDAQ:SBFM) announced Health Canada approval for Domperidone through its subsidiary Nora Pharma to treat nausea, vomiting and to enhance gastrointestinal motility, including use for chemotherapy-induced nausea.
The approval enables commercialization in Canada and expands Sunshine's generics portfolio. Market data in the release cites global Domperidone sales of $1.36B (2025), North America ~39% share, and Canada ~17% of North America.
Sunshine Biopharma (NASDAQ:SBFM) announced the commercial launch of generic doxycycline in Canada on October 20, 2025, with nationwide availability to pharmacies, hospitals and healthcare providers.
The product is supplied as 100 mg tablets, manufactured in compliance with Health Canada regulatory standards and described as therapeutically equivalent to the reference product. Distribution is underway through established pharmacy networks and hospital channels.
Company commentary ties the launch to its anti-infective expansion and cites a broader North American segment inside a global doxycycline market valued at $729 million in 2024 and forecast to reach $1.2 billion by 2030 (CAGR 8.6%).
Sunshine Biopharma (NASDAQ:SBFM) announced on October 16, 2025 that its wholly owned Canadian subsidiary, Nora Pharma, has launched Pravastatin, a generic version of Pravachol for lowering LDL and raising HDL cholesterol.
Product details: available strengths 10 mg, 20 mg, 40 mg, sold in bottles of 100 tablets. Market context: IQVIA estimates the Canadian cholesterol‑lowering market at USD $582 million by end of 2025 and a projected CAGR of 8% to USD $1.07 billion by 2033; Biospace projects the global lipid‑lowering market to exceed USD $46.58 billion by 2033.
Sunshine Biopharma (NASDAQ:SBFM) announced on October 14, 2025 that its Board approved a $5 million strategic investment in Bitcoin (BTC) as a treasury reserve asset.
The Company said the $5 million position will be acquired over time via a regulated digital asset custodian or by buying an ETF or proxy stock, and that it may allocate additional funds to increase Bitcoin holdings in the future. Management framed the move as a hedge and a high-conviction asset to strengthen the company's financial foundation while continuing focus on its drug development pipeline, including antiviral small molecules and mRNA-based cancer therapies.
Sunshine Biopharma (NASDAQ:SBFM) and the University of Arizona announced a new series of orally active, non‑covalent PLpro protease inhibitors that show dose‑dependent antiviral activity in mice infected with SARS‑CoV‑2. The compounds are potent against the PLpro enzyme, exhibited dose‑dependent efficacy in cellular SARS‑CoV‑2 models, and displayed favorable pharmacokinetic profiles in mice, rats and dogs. The program follows an initial PLpro library published in August 2024 in Journal of Medicinal Chemistry. Ongoing work includes dose‑dependent efficacy analysis in infected mice and further preclinical evaluation.
Sunshine Biopharma (NASDAQ:SBFM) has announced the launch of NIOPEG®, its first biosimilar drug, through its Canadian subsidiary Nora Pharma. NIOPEG® is comparable to NEULASTA® (Pegfilgrastim) and is designed to reduce infection risk in chemotherapy patients with non-myeloid malignancies.
The global market for NEULASTA® and its biosimilars was valued at $4.5 billion in 2024, with projections to reach $9.2 billion by 2033, growing at a CAGR of 8.5%. In Canada, where biologic drug sales reached $10 billion in 2020, the market represents a significant opportunity due to high per capita biologics spending and favorable provincial switching policies.