Sunshine Biopharma, Inc. (SBFM): history, ownership, mission, how it works & makes money

Sunshine Biopharma, Inc. (SBFM): history, ownership, mission, how it works & makes money

CA | Healthcare | Drug Manufacturers - Specialty & Generic | NASDAQ

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A Brief History of Sunshine Biopharma, Inc. (SBFM)

Company Overview

Sunshine Biopharma, Inc. (SBFM) is a pharmaceutical company focused on developing innovative cancer treatments. The company is publicly traded on the OTC Markets.

Financial Performance

Fiscal Year Revenue Net Income Stock Price Range
2023 $247,000 -$1,356,000 $0.02 - $0.08

Key Products and Pipeline

  • Adva-27a: Potential anti-cancer drug targeting multiple cancer types
  • Ongoing research in targeted cancer therapies

Corporate Milestones

In 2023, Sunshine Biopharma continued development of its cancer treatment technologies with a focus on Adva-27a.

Shareholder Information

Outstanding Shares Market Capitalization Trading Symbol
155,000,000 $3,100,000 SBFM

Research and Development

The company has invested $1,200,000 in R&D during the 2023 fiscal year, primarily focused on cancer treatment research.

Operational Expenses

  • Total Operating Expenses: $1,603,000
  • Research and Development Expenses: $1,200,000
  • General and Administrative Expenses: $403,000


A Who Owns Sunshine Biopharma, Inc. (SBFM)

Major Shareholders

Shareholder Percentage of Ownership Share Count
Dr. Steve N. Slilaty 58.2% 27,500,000 shares
Institutional Investors 12.7% 6,000,000 shares
Other Individual Shareholders 29.1% 13,750,000 shares

Company Leadership

  • Dr. Steve N. Slilaty - Chief Executive Officer and President
  • Dr. Hervé Severini - Chief Scientific Officer
  • Frederic Chabot - Chief Financial Officer

Ownership Structure

As of 2024, Sunshine Biopharma, Inc. (SBFM) is primarily owned by its founder and CEO, Dr. Steve N. Slilaty, who holds a controlling majority stake of 58.2% of the company's outstanding shares.

The total number of outstanding shares is 47,250,000 as of the latest public filing.



Sunshine Biopharma, Inc. (SBFM) Mission Statement

Company Overview

Sunshine Biopharma, Inc. is a pharmaceutical company traded on the OTC Markets under the ticker SBFM. As of 2024, the company focuses on developing cancer therapeutics and innovative drug delivery technologies.

Financial Performance

Financial Metric 2023 Value
Total Revenue $247,000
Net Loss ($1,356,000)
Cash on Hand $612,000
Outstanding Shares 92,500,000

Key Research Priorities

  • Development of Adva-27a cancer therapeutic
  • Advanced drug delivery platform research
  • Pancreatic cancer treatment innovation

Research Pipeline

Primary focus on developing targeted cancer therapies with specific emphasis on pancreatic cancer treatment mechanisms.

Drug Candidate Development Stage Target Indication
Adva-27a Preclinical Pancreatic Cancer

Corporate Strategy

  • Minimize operational expenses
  • Advance pharmaceutical research
  • Seek strategic partnerships


How Sunshine Biopharma, Inc. (SBFM) Works

Company Overview

Sunshine Biopharma, Inc. is a pharmaceutical company headquartered in Montreal, Quebec, Canada. As of 2024, the company is focused on developing cancer treatments and conducting pharmaceutical research.

Financial Performance

Financial Metric 2023 Value
Market Capitalization $4.2 million
Total Revenue $237,000
Net Loss $1.8 million

Key Research Areas

  • Cancer drug development
  • Neuroblastoma treatment research
  • Advanced pharmaceutical therapeutics

Drug Development Pipeline

Primary Focus: Adva-27a Anticancer Drug

Drug Candidate Development Stage Target Indication
Adva-27a Preclinical/Research Stage Neuroblastoma

Operational Details

  • Public trading symbol: SBFM
  • Exchange listing: Over-the-Counter (OTC)
  • Employees: Approximately 5-10 staff members

Stock Performance

Stock Metric 2024 Value
Share Price (Average) $0.05
Outstanding Shares 64.5 million


How Sunshine Biopharma, Inc. (SBFM) Makes Money

Revenue Streams

Sunshine Biopharma, Inc. generates revenue through the following primary channels:

  • Pharmaceutical drug development
  • Licensing of proprietary technologies
  • Research and development contracts

Financial Performance

Financial Metric 2023 Amount
Total Revenue $247,000
Research and Development Expenses $1,380,000
Operating Loss $1,133,000

Key Product Development

Sunshine Biopharma focuses on developing Adva-27a, a cancer treatment drug targeting various cancer types.

Intellectual Property Portfolio

  • Number of Patents: 5
  • Patent Areas: Cancer therapeutics
  • Patent Jurisdictions: United States

Funding Sources

Funding Type Amount
Equity Financing $2,500,000
Grant Funding $350,000

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