EPRX · NASDAQ · Biotechnology

Eupraxia Pharmaceuticals (EPRX)

Develops locally delivered, extended-release drug candidates using its Diffusphere microsphere technology.

$7.50
Pre-market+0.06 (+0.81%)
At close$7.44(+17.35%)
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Eupraxia Pharmaceuticals Inc.EPRXHealth Care

Develops locally delivered, extended-release drug candidates using its Diffusphere polymer microsphere technology. Its late-stage focus is EP-104GI for eosinophilic esophagitis, while EP-104IAR targets knee osteoarthritis.

Builds locally delivered, extended-release drug candidates around its proprietary Diffusphere polymer microsphere technology. The platform is intended for targeted, localized and extended drug delivery. EP-104GI, its gastrointestinal formulation of fluticasone propionate, is the late-stage focus for eosinophilic esophagitis.

EP-104IAR applies the same technology to an intra-articular formulation, initially for knee osteoarthritis. These are development programs rather than approved products, reflecting a clinical-stage biotechnology model.

Operations have shifted from Victoria to a Vancouver-and-Seattle model, with the chief executive and key clinical, manufacturing, and commercial leaders based in Seattle. The company’s work centers on clinical development of locally delivered drug candidates.

Company facts

CEOJames A. Helliwell
ListedMar 9, 2021
ExchangeNASDAQ
HeadquartersVictoria, Canada
CountryCanada
Employees49
CIK0001581178
ISINCA29842P1053

Market cap$249.4M
EPS (ttm)−$0.9900
P/E (ttm)−7.53
ROE-45.3%
P/B3.76
P/S0.00
Dividend yieldDiv yield
Beta1.61vs XLV −0.02

Price target$17.00+128.2%Avg of 2 analysts
ConsensusBuy2 of 2 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionRatingTarget
Jun 25, 2026OppenheimerInitiateOutperform$17
Jan 15, 2026Cantor FitzgeraldReiterateOverweight$19

Next report
Nov 3, 2026
estimated · in 61 days
EPS estimate
−$0.26
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.21−$0.21−$0.26−$0.19−$0.37−$0.23−$0.23Pending
Estimate−$0.18−$0.19−$0.21−$0.23−$0.16−$0.22−$0.25−$0.26
Surprise−16.7%−10.5%−23.8%+17.4%−131.3%−4.5%+8.0%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
ReportedPending
Estimate
Surprise
Estimate−$0.26
ReportedDue Nov 3, 2026
Estimate
ReportedDue Nov 3, 2026
View details

Debt to equity1.40%
Current ratio1,599.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$5.9M−$7.3M−$6.8M−$8.7M−$6.4M−$16.7M−$12.7M−$14.5M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$6.3M−$7.3M−$7.1M−$8.3M−$6.9M−$16.2M−$16.0M−$18.1M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $133.4M · Total debt $1.8M · Total assets $139.6M · Shareholders' equity $131.0M

Revenue
$0
Operating income
−$18.1M
Net income
−$14.5M
View details

No dividends on record.

Institutions55 holders · as of Mar 31, 202666.39%22.23M ADS
Otherremainder33.61%11.25M ADS

33.48M ADS as of Aug 30, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Beutel, Goodman & Co Ltd.Institution
10.95%3.67M ADS13Fas of Mar 31, 2026
Affinity Asset Advisors, LLCInstitution
4.75%1.59M ADS13Fas of Mar 31, 2026
Balyasny Asset Management L.P.Institution
4.03%1.35M ADS13Fas of Mar 31, 2026
Vivo Capital, LLCInstitution
4.03%1.35M ADS13Fas of Mar 31, 2026
Scotia Capital Inc.Institution
4.01%1.34M ADS13Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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ComparePre-market

CompanyPriceChange
Eupraxia Pharmaceuticals$7.50+0.81%$249.4M
Sanofi (ADR)$44.52+0.12%$106.78B78.21.9+11.2%
Regeneron$851.82−0.02%$87.78B21.114.15.7+16.7%
Takeda (ADR)$18.73+1.55%$58.65B51.256.72.0+5.8%
AstraZeneca (ADR)$163.26+0.99%$250.67B24.315.24.1+6.4%
Amgen$443.00+0.04%$239.00B27.518.96.3+9.7%
Median27.517.04.1+9.7%