Medicure Inc. Reports Downturn in Annual Financials

Medicure Inc (TSE:MPH) has released an update.

Medicure Inc. reported a decline in annual revenue from $23.1 million in 2022 to $21.7 million in 2023, with a net loss of $922,000 for the year, contrasting the previous year’s $1.4 million net income. The company’s flagship product, AGGRASTAT, also saw a decrease in sales, while Marley Drug’s pharmacy revenue increased. These financial results include non-cash expenses such as amortization and share-based compensation.

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