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Sunshine Biopharma Inc.

corporate_fare Company Profile

Sunshine Biopharma Inc.

SBFM·NASDAQ·Life Sciences·CIK 0001402328

Sunshine Biopharma is a pharmaceutical company that researches and offers medicines in therapeutic areas such as oncology and antivirals. The company operates through two wholly-owned Canadian subsidiaries. Nora Pharma Inc. currently markets 71 generic prescription drugs in Canada. Sunshine Biopharma Canada Inc. develops and sells over-the-counter (OTC) supplements. Sunshine Biopharma is also advancing a proprietary drug development program. This includes K1.1 mRNA, an LNP encapsulated mRNA designed to target liver cancer, and SBFM-PL4, a protease inhibitor intended for the treatment of SARS Coronavirus infections. The company's commercial operations focus on acquiring rights to pharmaceutical products for sale, primarily in Canada and with a goal for global expansion. These rights are secured through strategic arrangements. Under In-licensing and Supply Agreements, Nora Pharma acquires rights to import, market, sell, and distribute products in Canada by purchasing drug dossiers from strategic partners. Nora Pharma then files these dossiers with Health Canada for regulatory approval, a process that takes an average of 12 months, and sells the products under the Nora Pharma label. Through Cross-licensing, Nora Pharma obtains rights to import, market, sell, and distribute products in Canada via authorization letters from pharmaceutical partners whose products are already approved in Canada. Nora Pharma still requires its own Health Canada approval, which averages 45-60 days, and sells these products under its own label. Lastly, Distribution Agreements allow Nora Pharma to market, sell, and distribute products in Canada by signing agreements with pharmaceutical partners whose products are already Health Canada approved, with these products sold under the partners' label. Generic drugs are pharmaceutically equivalent to brand-name drugs, containing identical medicinal ingredients in the same amounts.

Sunshine Biopharma Inc. (NASDAQ:SBFM) is a publicly traded company in the Life Sciences sector. Wiseek monitors SBFM SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Warrant Exercise Price Halved to $2.50 Post-Split, Increasing Dilution Risk
  • Shareholders Approve Highly Dilutive Warrant Terms for Recent $6M Offering
  • Shareholders Approve Dilutive Offering Terms and Flexible Warrant Adjustments
  • Sunshine Biopharma Announces 1-for-10 Reverse Stock Split to Maintain NASDAQ Listing
  • Sunshine Biopharma Finalizes $6.0M Public Offering with 240% Immediate Dilution

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$36.31M
Net Income
-$5.98M
Op. Cash Flow
-$5.33M
Free Cash Flow
-$5.51M
Gross Profit
$12.26M
Operating Income
-$6.23M
Cash & Equivalents
$9.12M
Debt / Equity
0.00×
Net Margin
-16.5%
Shares Outstanding
4.91M sh
Source: 10-K · filed 2026-04-03 · accession 0001683168-26-002644

Dilution Risk

Low risk

Filing-implied dilution signals for SBFM, detected from its recent SEC filings · latest filing 2026-06-08.

1 recent capital raise1 shelf registrationreverse split

Public Offering Finalized · Significant Dilution

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$2.11
52-week range · as of 2026-06-08 $2.11 – $24.3
Market cap
$4.48M
Volume
51.1K (0.0× avg)
3-mo avg 1.7M
Live data · 2026-07-04 23:32 UTC · Market closed

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feed SBFM - Latest Insights

SBFM
Jun 08, 2026, 4:05 PM EDT
Filing Type: DEF 14C
Importance Score:
9
Price at Filing: $2.43
Real-time Price: $2.11 info
Change: -$0.320 (-13%) info
Market Cap: $4.481M info
SBFM
May 29, 2026, 4:06 PM EDT
Filing Type: PRE 14C
Importance Score:
8
Price at Filing: $0.2558
Real-time Price: $2.11 info
Change: +$1.85 (+725%) info
Market Cap: $4.481M info
SBFM
May 29, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.2558
Real-time Price: $2.11 info
Change: +$1.85 (+725%) info
Market Cap: $4.481M info
SBFM
May 28, 2026, 9:00 AM EDT
Source: ACCESS Newswire
Importance Score:
8
Price at Filing: $0.4146
Real-time Price: $2.11 info
Change: +$1.70 (+409%) info
Market Cap: $4.481M info
SBFM
May 19, 2026, 11:03 AM EDT
Filing Type: 424B4
Importance Score:
9
Price at Filing: $0.4468
Real-time Price: $2.11 info
Change: +$1.66 (+372%) info
Market Cap: $4.481M info
SBFM
May 18, 2026, 12:17 PM EDT
Source: Access Newswire
Importance Score:
9
Price at Filing: $1.26
Real-time Price: $2.11 info
Change: +$0.8502 (+67%) info
Market Cap: $4.481M info
SBFM
May 13, 2026, 4:18 PM EDT
Filing Type: 10-Q
Importance Score:
10
Price at Filing: $0.60005
Real-time Price: $2.11 info
Change: +$1.51 (+252%) info
Market Cap: $4.481M info
SBFM
May 12, 2026, 4:16 PM EDT
Filing Type: S-1
Importance Score:
9
Price at Filing: $0.820
Real-time Price: $2.11 info
Change: +$1.29 (+157%) info
Market Cap: $4.481M info
SBFM
Apr 03, 2026, 11:58 AM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $1.04
Real-time Price: $2.11 info
Change: +$1.07 (+103%) info
Market Cap: $4.481M info
SBFM
Mar 09, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $1.11
Real-time Price: $2.11 info
Change: +$1.000 (+90%) info
Market Cap: $4.481M info
SBFM
Feb 20, 2026, 4:08 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $1.18
Real-time Price: $2.11 info
Change: +$0.930 (+79%) info
Market Cap: $4.481M info
SBFM
Feb 20, 2026, 4:05 PM EST
Filing Type: PRE 14C
Importance Score:
8
Price at Filing: $1.18
Real-time Price: $2.11 info
Change: +$0.930 (+79%) info
Market Cap: $4.481M info
SBFM
Feb 05, 2026, 4:16 PM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $1.15
Real-time Price: $2.11 info
Change: +$0.9587 (+83%) info
Market Cap: $4.481M info