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home / news releases / MRK - Medicure: How To Destroy A Company


MRK - Medicure: How To Destroy A Company

Note: Medicure is a Canadian company that reports in CAD, thus figures discussed in this article are in CAD as well.

Medicure (MCUJF) is quite a fascinating story. It's a nano-cap pharma company that carried a large cash position and whose drug was already approved and in use. It has tight insider ownership and is rather illiquid on the TSXV, let alone the pink sheets. Having a gigantic cash position gave it flexibility with where to pivot as its primary drug, Aggrastat, came off patent. Unfortunately, it appears management of this company instead

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Stock Information

Company Name: Merck & Company Inc.
Stock Symbol: MRK
Market: NYSE
Website: merck.com

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