Medicure Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 21, 2023 at 05:10 pm EST
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Medicure Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 5 million compared to CAD 5.29 million a year ago. Net income was CAD 0.084 million compared to CAD 1.11 million a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to CAD 0.11 a year ago. Diluted earnings per share from continuing operations was CAD 0.01 compared to CAD 0.11 a year ago.
For the nine months, sales was CAD 16.62 million compared to CAD 16.75 million a year ago. Net income was CAD 0.626 million compared to CAD 0.911 million a year ago. Basic earnings per share from continuing operations was CAD 0.06 compared to CAD 0.09 a year ago. Diluted earnings per share from continuing operations was CAD 0.05 compared to CAD 0.09 a year ago.
Medicure Inc. is a Canada-based pharmaceutical company. The Company is focused on the development and commercialization of therapies for the United States cardiovascular market. The focus of the Company is the marketing and distribution of AGGRASTAT (tirofiban hydrochloride) injection and ZYPITAMAG (pitavastatin) tablets in the United States, where they are sold through the Companyâs United States subsidiary, Medicure Pharma Inc. The Company also operates Marley Drug, Inc. (Marley Drug), a pharmacy located in North Carolina that offers an Extended Supply drug program serving all 50 states, Washington D.C. and Puerto Rico. Marley Drug is committed to improving the health status of its patients and the communities they serve while reducing overall health care costs for employers and other health care consumers. AGGRASTAT is indicated to reduce the rate of thrombotic cardiovascular events in patients with non-ST elevation acute coronary syndrome (NSTE-ACS).
MEDICURE INC. 
