FENC · NASDAQ · Biotechnology

Fennec Pharmaceuticals (FENC)

Commercializes PEDMARK for pediatric cisplatin-related hearing-loss protection.

$12.33
At close+0.29 (+2.45%)
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Fennec Pharmaceuticals Inc.FENCHealth Care

Sells PEDMARK in the United States and receives economics from PEDMARQSI outside the United States through Norgine. The business runs as one segment around sodium thiosulfate for children with localized, non-metastatic solid tumors receiving cisplatin.

Commercializes PEDMARK in the United States, where the product is approved to reduce cisplatin-associated hearing-loss risk in pediatric patients with localized, non-metastatic solid tumors. PEDMARQSI is the ex-U.S. brand for the same sodium thiosulfate franchise.

Works through a narrow specialty-pharma model from Research Triangle Park. The company reports one operating segment, and opened context describes its commercial identity around PEDMARK awareness, access support, and provider education.

Relies on one franchise for foreseeable product revenue. Outside the United States, Norgine leads PEDMARQSI commercialization in licensed territories, while a Cipla settlement shapes potential U.S. generic timing through 2033 except under specified circumstances.

Company facts

CEOJeffrey Hackman
ListedSep 13, 2017
ExchangeNASDAQ
HeadquartersResearch Triangle Park, NC
CountryUnited States
Employees35
CIK0001211583
ISINCA31447P1009

Market cap$427.6M
EPS (ttm)−$0.1373
P/E (ttm)−89.66
ROE-11.7%
P/B10.02
P/S7.22
Dividend yieldDiv yield
Beta1.37vs XLV 0.61

Price target$16.00+30.0%Avg of 8 analysts
ConsensusBuy8 of 8 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 12, 2026WedbushReiterateOutperform$19$16
May 22, 2026H.C. WainwrightTarget$15$16
Jan 8, 2026Piper SandlerTarget$18

Next report
Nov 12, 2026
in 70 days
EPS estimate
$0.10
Revenue estimate
$19.0M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.06−$0.04−$0.11−$0.02−$0.11$0.01$0.05Pending
Estimate$0.56−$0.12−$0.06−$0.08$0.03−$0.02$0.02$0.10
Surprise−110.7%+66.7%−83.3%+75.0%−466.7%+150.0%+150.0%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$7.9M$8.8M$9.7M$12.5M$13.8M$15.1M$17.9MPending
Estimate$7.8M$9.0M$9.6M$14.7M$14.7M$13.9M$16.2M$19.0M
Surprise+1.6%−3.2%+0.9%−15.2%−6.5%+8.6%+10.3%
Estimate$0.10
ReportedDue Nov 12, 2026
Estimate$19.0M
ReportedDue Nov 12, 2026
View details

Debt to equity0.00%
Current ratio585.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$7.0M$7.9M$8.8M$9.7M$12.5M$13.8M$15.1M$17.9M
Net income−$5.7M−$2.0M−$1.2M−$3.2M−$638.0K−$4.8M$201.0K$2.0M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%1.3%11.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$5.2M−$959.0K−$821.0K−$2.7M−$201.0K−$2.6M−$119.0K$1.7M
YoY growth−106.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $41.2M · Total debt $0 · Total assets $75.8M · Shareholders' equity $42.4M

Revenue
$17.9M
Operating income
$1.7M
Net income
$2.0M
View details

No dividends on record.

Institutions108 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail≈ 46.73%16.39M shares
Insiders8 holders · as of Sep 1, 20267.22%2.53M shares
Strategic holders1 holder · as of Jan 14, 20267.83%2.74M shares
Otherremainder≈ 38.22%13.40M shares

35.07M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Rosalind Advisors, Inc.Institution
9.09%3.19M13Fas of Jun 30, 2026
Southpoint Master Fund, LP1Strategic10 percent owner
7.83%2.74M13Gfiled Jan 14, 2026
Sonic Fund II, L.P.Institution
7.44%2.61M13Gfiled Feb 17, 2026
Aigh Capital Management LLCInstitution
7.09%2.49M13Fas of Jun 30, 2026
Orin HirschmanInsider
5.65%1.98M13Gfiled Apr 28, 2026
See all 25
  1. Southpoint Master Fund, LP's own ownership statement (13G, Jan 14, 2026) reports fewer shares than the transaction reports; the statement is used.

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 1, 2026Rosty Raykovother: Former Director−10,000$12.11
Aug 31, 2026Pierre Sargis Sayadofficer: Chief Medical Officer−12,000$12.18
Aug 27, 2026Robert Andradeofficer: CHIEF FINANCIAL OFFICER−75,000$11.78
Aug 3, 2026Rosty Raykovother: Former Director−10,000$9.58
Jul 1, 2026Rosty Raykovother: Former Director−9,599$10.41
View details

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CompanyPriceChange
Fennec Pharmaceuticals$12.33+2.45%$427.6M20.97.2+85.2%
Pfizer$28.99−0.15%$165.40B38.310.42.6+2.6%
Median38.310.42.6+2.6%