About Medicure
Medicure is a company based in Winnipeg (Canada) founded in 1997 by Albert D Friesen.. The company has 23 employees as of December 31, 2024. Medicure has completed 2 acquisitions, including Apicore and Marley Drug. Medicure offers products and services including AGGRASTAT and Zypitamag.
- Headquarter Winnipeg, Canada
- Employees 23 as on 31 Dec, 2024
- Founders Albert D Friesen
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Medicure Inc.
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Annual Revenue
$15.23 M (USD)0.98as on Dec 31, 2024
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Net Profit
$-722.81 K (USD)-12.69as on Dec 31, 2024
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EBITDA
$-293.99 K (USD)-132.14as on Dec 31, 2024
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Latest Funding Round
$44.65 M (USD), Debt – Conventional
Nov 18, 2016
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Investors
Crown Capital Partners
& 1 more
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Employee Count
23
as on Dec 31, 2024
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Investments & Acquisitions
Apicore
& 1 more
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IPO & Listings of Medicure
Medicure is a publicly listed company on the TSXV with ticker symbol MPH in Canada, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Medicure
Medicure offers a comprehensive portfolio of products and services, including AGGRASTAT and Zypitamag. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AGGRASTAT is provided as a therapeutic injection for cardiovascular conditions, contributing to patient care through its commercialization.
Zypitamag is offered as a medication within the growing portfolio, aimed at addressing health needs in the U.S. market.
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Funding Insights of Medicure
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $44.6M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Debt – Conventional - Medicure | Valuation |
investors |
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| Jun, 2015 | Amount | Post-IPO - Medicure | Valuation |
investors |
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| Apr, 2005 | Amount | Post-IPO - Medicure | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Medicure
Medicure has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Crown Capital Partners and CentreStone Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A venture capital fund focused on life sciences is operated.
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Founded Year | Domain | Location | |
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Distributed power and broadband network solutions are developed.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Medicure
Medicure has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Apicore and Marley Drug. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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APIs are manufactured and custom synthesis services are provided.
|
2004 | ||||
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Supplier of pharmaceutical products
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Medicure
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medicure Comparisons
Competitors of Medicure
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Medicure
Frequently Asked Questions about Medicure
When was Medicure founded?
Medicure was founded in 1997 and raised its 1st funding round 8 years after it was founded.
Where is Medicure located?
Medicure is headquartered in Winnipeg, Canada. It is registered at Winnipeg, Manitoba, Canada.
Who is the current CEO of Medicure?
Albert D Friesen is the current CEO of Medicure. They have also founded this company.
How many employees does Medicure have?
As of Dec 31, 2024, the latest employee count at Medicure is 23.
What is the annual revenue of Medicure?
Annual revenue of Medicure is $15.23M as on Dec 31, 2024.
What does Medicure do?
Medicure was founded in 1997 in Winnipeg, Canada, within the pharmaceutical sector. Innovative and affordable medications are developed and commercialized by the company. An online pharmacy platform is operated to fulfill prescriptions and deliver a range of medications. Products are marketed to healthcare professionals and consumers via e-commerce channels. Operations center on therapeutics development and prescription services in Canada.
What products or services does Medicure offer?
Medicure offers AGGRASTAT and Zypitamag.
Is Medicure publicly traded?
Yes, Medicure is publicly traded on TSXV under the ticker symbol MPH.
How many acquisitions has Medicure made?
Medicure has made 2 acquisitions, including Apicore, and Marley Drug.
Who are Medicure's investors?
Medicure has 2 investors. Key investors include Crown Capital Partners, and CentreStone Ventures.
What is Medicure's ticker symbol?
The ticker symbol of Medicure is MPH on TSXV.