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Companies / Health Care / Fennec Pharmaceuticals Inc.
FENC

Fennec Pharmaceuticals Inc.

Health CareBiological Products
Ticker FENCRESEARCH TRIANGLE PARK, NCFiscal year ends DecemberBook value per share $1.13Diluted shares 37.4M

Fennec Pharmaceuticals Inc. (Nasdaq: FENC) is a commercial-stage specialty pharmaceutical company focused on reducing cisplatin-induced hearing loss in pediatric patients with localized, non-metastatic solid tumors. Its product, PEDMARK® (sodium thiosulfate injection), is approved in the United States for patients… From the company’s description.

Over the twelve months to Jun 30, 2026, Fennec Pharmaceuticals Inc. reported revenue of $59.22M, up 77.8% from a year earlier, and a net loss of $3.25M. Its operating margin was −1.9%, and operations used $2.04M in cash. In fiscal 2025, it reported revenue of $44.64M, down 6.1% from fiscal 2024, and a net loss of $9.74M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$44.64MFY2025
−6.1% year over year
Last 12 mo $59.22M
-14.07%FY2025
−19.5 percentage points
Last 12 mo -1.90%
$-9.74MFY2025
−2134.2% year over year
Last 12 mo $-3.25M
-27.46%FY2025
−34.9 percentage points
Last 12 mo -7.66%
Cash & financing
$-12.47MFY2025
−146.2% year over year
Last 12 mo $-2.04M
$-12.47MFY2025
−146.2% year over year
Last 12 mo $-2.04M
—
Was -3.08× a year earlier
28.6MFY2025
+4.7% year over year
Last 12 mo 37.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Fennec Pharmaceuticals Inc. does

In the company’s own words

Fennec Pharmaceuticals Inc. (Nasdaq: FENC) is a commercial-stage specialty pharmaceutical company focused on reducing cisplatin-induced hearing loss in pediatric patients with localized, non-metastatic solid tumors. Its product, PEDMARK® (sodium thiosulfate injection), is approved in the United States for patients aged one month and older; PEDMARQSI® is the brand name used in Europe, the U.K., Australia and New Zealand. In the United States, Fennec sells PEDMARK® through a field team and provides patient access and reimbursement support through its Fennec HEARS® program. The company licenses commercialization of PEDMARQSI® in Europe, Australia and New Zealand to Norgine, which handles sales and holds the local marketing authorizations, and has a distribution agreement with Inpharmus for Turkey and Gulf Cooperation Council countries. Fennec operates as a virtual drug manufacturer, relying on contract manufacturers and suppliers rather than in-house production. It has no reportable business segments described here; its commercial activities center on PEDMARK® and related licensing and distribution arrangements.

Company details
Sector
Health Care
Industry (SIC)
Biological Products
Headquarters
RESEARCH TRIANGLE PARK, NC
Fiscal year end
December
CIK
1211583
SIC
2836

Financial performance, year by year

Fiscal 2011–2025 · USD
$-32.01M$-7.13M$17.75M$42.63M$67.51M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Fennec Pharmaceuticals Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

75
funds hold it
0 of 35
superinvestors hold it
$31.06M
held by funds, at market
8.8%
of shares held by funds

Largest fund holders · Fennec Pharmaceuticals Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
0.02%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets
VANGUARD RUSSELL 2000 INDEX FUND
VTWO · VANGUARD SCOTTSDALE FUNDS
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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