InnoCan Pharma

InnoCan Pharma

Developing over-the-counter Cannabinoid-based drugs for psoriasis and muscle and joint pains. Learn more

Launch date
Employees
Market cap
AUD77.7m
Enterprise valuation
AUD70m (Public information from Sep 2024)
Tel Aviv-Yafo Tel Aviv District (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD201820192020202120222023
Revenues--<1m<1m2.6m-
% growth---2350 %1206 %-
EBITDA(1.1m)(3.0m)(4.7m)(7.4m)(6.2m)-
% EBITDA margin--(58563 %)(3794 %)(243 %)-
Profit(1.1m)(3.3m)(10.0m)(10.0m)(3.8m)-
% profit margin--(124413 %)(5126 %)(147 %)-
EV / revenue--5842.5x744.9x13.6x-
EV / EBITDA--5.3x-10.0x-19.6x-5.6x-
R&D budget<1m<1m1.4m1.4m1.5m-
R&D % of revenue--17063 %714 %60 %-
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DateInvestorsAmountRound
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N/A

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$800k

Seed
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N/A

IPO
N/A

CAD5.1m

Post IPO Equity
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N/A

N/A

Post IPO Equity
*
N/A

$426k

Private Placement VC
*
N/A

CAD2.0m

Private Placement VC
Total FundingAUD4.1m

Recent News about InnoCan Pharma

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More about InnoCan Pharmainfo icon
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Innocan Pharma is a specialty pharmaceutical company focused on developing innovative products that utilize the unique properties of cannabinoids combined with advanced delivery systems. The company operates in the pharmaceutical and wellness markets, targeting both consumers and healthcare providers. Innocan Pharma's business model revolves around the research, development, and commercialization of cannabinoid-based products, including topical treatments, sprays, and injectables. Revenue is generated through product sales, partnerships, and licensing agreements. The company aims to address various health and wellness needs, offering solutions such as CBD sprays, luxury face oils, and premium sleeping masks. Innocan Pharma leverages its expertise in marketing, sales distribution, and strategic development to expand its market presence and drive growth. Key clients include individuals seeking wellness products and healthcare providers looking for advanced treatment options. The company is led by experienced executives with a strong background in the pharmaceutical industry, ensuring robust business development and operational strategies.

Keywords: cannabinoids, pharmaceutical, wellness, CBD, topical treatments, injectables, luxury skincare, healthcare providers, advanced delivery systems, strategic development.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.