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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 has independently scored 23 items for SBFM at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-10-02, rated 8/10. Across its 20 most recent items scored 7 or higher, the top rating is 10/10, with 12 rated 8 or above. Recent SEC coverage for SBFM spans S-1, 8-K, 10-Q, DEF 14C.

Recent high-impact activity:

  • Sunshine Biopharma Files $7M Best-Efforts Offering with Series D Warrants at $0.6876
  • CEO with 97% Voting Power Authorizes Up to 1-for-20 Reverse Split
  • Sunshine Biopharma Advances Lead COVID Antiviral to IND-Enabling Studies
  • Sunshine Biopharma Registers 25.5M Warrant Shares, Flags Nasdaq Delisting Risk
  • Sunshine Biopharma Wins Canadian Approval for Enalapril, Shipping by Year-End

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

Short Interest & Short Volume

1.00 days to cover

FINRA reported short interest of 23,410 shares in SBFM as of the September 15, 2026 settlement, a 73.1% decrease from the prior period — about 1.0 days to cover at its recent average daily volume. On October 2, 2026, 33.1% of SBFM volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)23,410 shares as of September 15, 2026
Change vs prior period▼ 73.1%
Days to cover1.00 at avg daily volume of 121,189
Daily short volume (FINRA facilities)33.1% of 62,284 shares on October 2, 2026
5-day average short volume43.1%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

High risk

Filing-implied dilution signals for SBFM, detected from its recent SEC filings · based on capital-structure filings through 2026-10-02.

3 recent capital raisesATM program3 shelf registrationsreverse split

Public Offering Finalized · Significant Dilution

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

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$0.615 -0.05% today
52-week range · as of 2026-10-02 $0.615 – $24.3
Market cap
$2.87M
Volume
149.4K (0.3× avg)
3-mo avg 491.9K
Live data · 2026-10-04 22:29 UTC · Market closed

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feed SBFM - Latest Insights

SBFM
Oct 02, 2026, 4:49 PM EDT
Filing Type: S-1
Importance Score:
8
Updated Oct 2, 5:16 PM ET — The offering is priced at $0.6876 per unit, a modest discount to the current $0.6495 market price, with each unit including a Series D Warr…
Price at Filing: $0.6665
Real-time Price: $0.615001 info
Change: -$0.051499 (-8%) info
Market Cap: $2.873M info
SBFM
Sep 16, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $1.01
Real-time Price: $0.615001 info
Change: -$0.397699 (-39%) info
Market Cap: $2.873M info
SBFM
Sep 16, 2026, 8:31 AM EDT
Source: Benzinga
Importance Score:
7
Price at Filing: $1.02
Real-time Price: $0.615001 info
Change: -$0.405399 (-40%) info
Market Cap: $2.873M info
SBFM
Aug 28, 2026, 4:15 PM EDT
Filing Type: S-1
Importance Score:
8
Price at Filing: $1.11
Real-time Price: $0.615001 info
Change: -$0.494999 (-45%) info
Market Cap: $2.873M info
SBFM
Aug 19, 2026, 9:04 AM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $1.16
Real-time Price: $0.615001 info
Change: -$0.544999 (-47%) info
Market Cap: $2.873M info
SBFM
Aug 13, 2026, 4:05 PM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $1.16
Real-time Price: $0.615001 info
Change: -$0.544999 (-47%) info
Market Cap: $2.873M info
SBFM
Aug 03, 2026, 8:52 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $1.20
Real-time Price: $0.615001 info
Change: -$0.584999 (-49%) info
Market Cap: $2.873M info
SBFM
Jul 20, 2026, 4:46 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $1.60
Real-time Price: $0.615001 info
Change: -$0.984999 (-62%) info
Market Cap: $2.873M info
SBFM
Jul 20, 2026, 4:27 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $1.73
Real-time Price: $0.615001 info
Change: -$1.11 (-64%) info
Market Cap: $2.873M info
SBFM
Jul 10, 2026, 4:54 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $2.13
Real-time Price: $0.615001 info
Change: -$1.51 (-71%) info
Market Cap: $2.873M info
SBFM
Jun 08, 2026, 4:05 PM EDT
Filing Type: DEF 14C
Importance Score:
9
Price at Filing: $2.43
Real-time Price: $0.615001 info
Change: -$1.81 (-75%) info
Market Cap: $2.873M info
SBFM
May 29, 2026, 4:06 PM EDT
Filing Type: PRE 14C
Importance Score:
8
Price at Filing: $0.2558
Real-time Price: $0.615001 info
Change: Reverse Stock Split info
Market Cap: $2.873M info
SBFM
May 29, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.2558
Real-time Price: $0.615001 info
Change: Reverse Stock Split info
Market Cap: $2.873M info
SBFM
May 28, 2026, 9:00 AM EDT
Source: ACCESS Newswire
Importance Score:
8
Price at Filing: $0.4146
Real-time Price: $0.615001 info
Change: Reverse Stock Split info
Market Cap: $2.873M info
SBFM
May 19, 2026, 11:03 AM EDT
Filing Type: 424B4
Importance Score:
9
Price at Filing: $0.4468
Real-time Price: $0.615001 info
Change: Reverse Stock Split info
Market Cap: $2.873M info
SBFM
May 18, 2026, 12:17 PM EDT
Source: Access Newswire
Importance Score:
9
Price at Filing: $1.26
Real-time Price: $0.615001 info
Change: Reverse Stock Split info
Market Cap: $2.873M info
SBFM
May 13, 2026, 4:18 PM EDT
Filing Type: 10-Q
Importance Score:
10
Price at Filing: $0.60005
Real-time Price: $0.615001 info
Change: Reverse Stock Split info
Market Cap: $2.873M info
SBFM
May 12, 2026, 4:16 PM EDT
Filing Type: S-1
Importance Score:
9
Price at Filing: $0.820
Real-time Price: $0.615001 info
Change: Reverse Stock Split info
Market Cap: $2.873M info
SBFM
Apr 03, 2026, 11:58 AM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $1.04
Real-time Price: $0.615001 info
Change: Reverse Stock Split info
Market Cap: $2.873M info
SBFM
Mar 09, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $1.11
Real-time Price: $0.615001 info
Change: Reverse Stock Split info
Market Cap: $2.873M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets