Sunshine Biopharma Launches Generic Zofran(R) in Canada, Expanding Oncology Supportive Care Portfolio

The launch adds two tablet strengths to a Canadian portfolio that contains 61 generic prescription drugs.

Rhea-AI Summary

Sunshine Biopharma (SBFM) has launched generic ondansetron tablets in Canada for nausea and vomiting linked to cancer treatment.

The film-coated tablets come in 4 mg and 8 mg strengths and are the generic equivalent of Zofran. Ondansetron is prescribed for nausea and vomiting caused by chemotherapy, radiation therapy and surgery. It blocks the action of chemicals in the body that trigger those symptoms.

Sunshine Biopharma has 61 generic prescription drugs on the Canadian market. Approximately 11 additional drugs are scheduled for launch during the remainder of 2026. Its Canadian subsidiary, Nora Pharma, has an established distribution network across Canada.

Market Context

On Aug 07, SBFM's Canadian Amoxicillin launch was followed by a recorded 12.14% decline, offering a ...

Analysis

On Aug 07, SBFM's Canadian Amoxicillin launch was followed by a recorded 12.14% decline, offering a prior same-market generic-launch datapoint for this Ondansetron rollout. That one observation does not establish causation or predict this announcement's market response.

Key Figures

Tablet strengths: 4 mg and 8 mg Global Ondansetron market value: $1.82 billion Projected global Ondansetron market value: $2.98 billion +1 more

Tablet strengths

4 mg and 8 mg

Generic Ondansetron tablets launched in Canada

Global Ondansetron market value

$1.82 billion

2025 valuation cited from DataIntelo

Projected global Ondansetron market value

$2.98 billion

Projected for 2034

Projected market CAGR

5.6%

Global Ondansetron market projection

Historical Context

1 past event · Latest: Aug 07

1 event

1. Aug 07

   Generic product launch

   24h Move

   -12.1%

   Launched generic Amoxicillin in Canada and began pharmacy shipments

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

serotonin 5-ht3 receptor antagonist, compound annual growth rate

2 terms

serotonin 5-ht3 receptor antagonist medical

"prescription serotonin 5-HT3 receptor antagonist"

A serotonin 5-HT3 receptor antagonist is a class of medicines that block the 5-HT3 protein on nerve cells, preventing serotonin from activating those receptors; this reduces signals that trigger nausea, vomiting, and certain gut-brain responses. Think of it like closing a door on a communication channel between the gut and the brain. Investors care because these drugs' clinical trial results, regulatory approvals, patent status and market demand directly affect the commercial value and revenue prospects of companies developing them.

compound annual growth rate financial

"expanding at a compound annual growth rate (CAGR) of 5.6%"

The compound annual growth rate (CAGR) shows how much an investment or value has grown, on average, each year over a specific period. It considers the effect of growth that compounds or builds upon itself, similar to how interest accumulates in a savings account. Investors use CAGR to compare different investments’ long-term performance and to understand how steady or consistent their growth has been over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FORT LAUDERDALE, FL / ACCESS Newswire / September 24, 2026 / Sunshine Biopharma Inc. (NASDAQ:SBFM) (the "Company"), a leading pharmaceutical company specializing in generic and specialty prescription medications including drugs in the areas of oncology and antivirals, is pleased to announce that it has launched generic Ondansetron tablets of 4mg and 8mg in the Canadian market. Ondansetron is the generic equivalent of the brand name, Zofran^®.

Ondansetron is widely prescribed for nausea and vomiting caused by cancer chemotherapy, radiation therapy, and surgery. Ondansetron is a prescription serotonin 5-HT3 receptor antagonist. It works by blocking the actions of chemicals in the body that trigger nausea and vomiting. By offering two strengths (4mg and 8mg) and film-coated tablets, healthcare providers can better tailor the treatment to individual patient needs and physical condition.

According to DataIntelo, the global Ondansetron market was valued at $1.82 billion in 2025 and is projected to reach $2.98 billion by 2034, expanding at a compound annual growth rate (CAGR) of 5.6%. The rapid growth is driven by escalating cancer diagnoses worldwide, increased number of surgical procedures, and broad-based adoption of Ondansetron across multiple clinical indications. The global Nausea Medicine Market is growing steadily, fueled by increasing cases of nausea related to chemotherapy, motion sickness, gastrointestinal issues, and pregnancy. According to IQVIA Pharmafocus 2028, the Canadian pharmaceutical market accounts for approximately 2.1% of the global pharmaceutical market and ranks as the 6th largest worldwide.

Sunshine Biopharma has established a robust distribution network across Canada through its wholly owned Canadian subsidiary, Nora Pharma Inc. The addition of Ondansetron to our portfolio of drugs represents a strategic expansion for the Company into the area of nausea and vomiting caused by cancer therapy.

"Launching Ondansetron oral tablets represents another decisive step in scaling Sunshine Biopharma's generics business," said Dr. Steve Slilaty, CEO. "This product enhances our competitive position and reflects our ongoing commitment to broadening access to dependable, much needed pharmaceuticals."

About Sunshine Biopharma Inc.

Sunshine Biopharma currently has 61 generic prescription drugs on the market in Canada and approximately 11 additional drugs scheduled to be launched in the remainder of 2026. In addition, Sunshine Biopharma is conducting a proprietary drug development program which is comprised of (i) K1.1 mRNA, an mRNA-Lipid Nanoparticle targeted for liver cancer, and (ii) PLpro protease inhibitor, a small molecule for treatment of SARS Coronavirus infections. For more information, please visit: www.sunshinebiopharma.com.

All registered trademarks are the property of their respective owners.

Safe Harbor Forward-Looking Statements

This press release contains forward-looking statements which are based on current expectations, forecasts, and assumptions of Sunshine Biopharma Inc. (the "Company") that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected. These statements appear in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, including statements related to the Company's drug development activities, financial performance, and future growth. These risks and uncertainties are further described in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in the Company's filings with the SEC. Reference is hereby made to cautionary statements and risk factors set forth in the Company's most recent SEC filings.

For more information, please contact:

Camille Sebaaly, CFO
Direct Line: 514-814-0464
camille.sebaaly@sunshinebiopharma.com

SOURCE: Sunshine Biopharma Inc.

View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What strengths of generic ondansetron did Sunshine Biopharma launch in Canada?

Sunshine Biopharma launched film-coated ondansetron tablets in 4 mg and 8 mg strengths. Ondansetron is the generic equivalent of Zofran.