Medicus Pharma Share Price Highlights: Medicus Pharma stock price climbed yesterday, 20 March 2025, by 15.35 %, according to Yahoo Finance1. The stock closed at $3.4950 per share. Investors should monitor Medicus Pharma's stock price closely in the coming days and weeks to see how it reacts to the news.
During its last trading day, Medicus Pharma opened at $3.0 and closed at $3.4950, reflecting a share price rise. The stock reached a high of $3.50 and a low of $2.90 during the day. Medicus Pharma has a market capitalization of $46.88M ($62.02M CAD), with a 52-week high of $4.99 and a low of $1.80. The trading volume, according to Yahoo Finance, was 32,363 shares traded.
#Medicus Pharma Live Updates: Shareholding information
Medicus Pharma has Institutional ownership of 59.2% and Insider ownership of 10.88%, with the CEO personally investing nearly $4M.
#Medicus Pharma Updates: Financial Performance
Medicus Pharma has delivered an Enterprise Value of $41.92M and a Price-to-Book value of 13.42.
#MDCX Stock Rating: The Consensus Analyst Rating Is Buy
Independent analysts, Maxim Group and Brookline Capital Markets have issued price targets of $10 & $122, reflecting potential upside based on clinical progress, expected market share, and regulatory approvals. These estimates assume successful commercialization by 2027 and represent a potential 4x return from the current share price of $2.90 on March 4, 2025. Their optimism stems from the company's ability to price its treatment at around $1,000, making it a cost-effective alternative to Mohs surgery, which typically ranges from $1,800 to $2,500 per procedure.
(Note: Analyst targets are based on projections and assumptions that may not materialize.)
#Medicus Pharma Interesting Updates: Stock Peers
Yesterday, Medicus Pharma shares increased by 15.35%, reaching a price of $3.4950. Among its biotech peers, 60 stocks gained, while 76 declined during the session. Meanwhile, the benchmark NASDAQ Index declined -0.33% during the session.
#About Medicus Pharma
Medicus Pharma Ltd. (NASDAQ: MDCX) is a biotech and life sciences company focused on advancing novel therapeutic assets through clinical development and commercialization. Its wholly owned subsidiary, SkinJect, is developing a dissolvable microneedle patch to treat basal cell carcinoma (BCC), the most common skin cancer worldwide. With clinical patents secured through 2035 and a Phase 2 trial underway, Medicus aims to expand its pipeline through acquisitions and partnerships3.
What You Need To Know About Medicus Pharma:
First-In-Class Microneedle Patch Technology: Non-invasive, painless, and cost-effective alternative to Mohs surgery, the current standard of care.
Breakthrough Treatment Option: 5 million+ basal cell carcinoma (BCC) cases diagnosed annually in the U.S.
SkinJect Market Opportunity: Medicus is targeting a $2B share of the $15B skin cancer market in North America3.
Projected Development Costs: $75M to $100M - substantially lower than the average cost of cancer treatment research and development of $648M4.
Pricing Advantage: Treatment price projected at ~$1,000 (E), offering a cost-effective alternative to Mohs surgery ($1,800–$2,500)2.
Analyst Confidence: Share price targets of $10 (Maxim Group) and $12 (Brookline Capital)2 - more than 240% to 300% upside based on a $2.90 closing price on 4 March 2025.
(Note: Analyst targets are based on projections and assumptions that may not materialize).Phase 2 Trial Progress: Over 50% of patients enrolled; positive interim data with 60% complete clinical clearance of the BCC lesions5.
Regulatory Pathway Advantage: Potential FDA Fast-Track designation.
Strong Financial Position: No long-term debt, $16M raised in 2024, sufficient cash for Phase 2 completion.
IP Protection: University-developed technology with patents secured through 2035.
#Growing Market Opportunity in Basal Cell Carcinoma
Basal cell carcinoma accounts for nearly five million new cases annually in the U.S., and this number is growing. A non-surgical treatment for basal cell carcinoma is projected to address a $7B+ market opportunity with high unmet medical need.
Innovative Cancer Treatment
Medicus Pharma’s SkinJect patch presents a viable and convenient alternative to the current standard of care for BCC, which is Mohs surgery. While Mohs surgery is effective, it is costly, painful and can leave aesthetic concerns.
SkinJect’s skin absorption delivery method directly targets cancer cells, minimizing systemic exposure and side effects. This also means there is the potential to prevent recurrence by stimulating an immunogenic reaction. Therefore, SkinJect could provide a complementary, non-invasive alternative to Mohs surgery.
A small, thumb-sized microneedle patch is applied to the skin over the BCC lesion. The patch is painless and easy to administer in a doctor’s office and can be applied during just three weekly 30-minute visits over 2 weeks. This has the potential to provide a simple and affordable solution to BCC patients seeking better treatment options. With over 5 million BCC cases diagnosed annually in the U.S., Medicus Pharma targets a $2 billion share of the $15 billion North American skin cancer market. Its SkinJect patch has projected development costs of $75–$100 million, far below the $648 million industry average4. Priced at around $1,000, it offers a cost-effective alternative to Mohs surgery ($1,800–$2,500)2.
Medicus Pharma (NASDAQ: MDCX) is positioned within a rapidly expanding global biotech industry valued at over $1.5 trillion. According to Grand View Research, the biotech market is projected to grow at a compound annual growth rate (CAGR) of 13.96% from 2023 to 20306, reflecting increased innovation, rising healthcare demands, and greater investment in life sciences. This growth environment creates a compelling backdrop for Medicus Pharma’s acquisition strategy, allowing the company to capitalize on high-potential opportunities within the sector.
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