FENNEC PHARMACEUTICALS INC.
Close on Oct 19, 2026
- Market cap
- $374.14M
- P/E (TTM)
- –
- Dividend yield
- –
About Fennec Pharmaceuticals
Biological Products, (No Diagnostic Substances), SIC 2836
Fennec Pharmaceuticals Inc. is a commercial-stage biopharmaceutical company focused on preventing cisplatin-induced hearing damage in cancer patients. Its primary commercial product is sodium thiosulfate injection, marketed as PEDMARK in the United States and PEDMARQSI in Europe, the United Kingdom, Australia, and New Zealand. The therapy reduces the risk of ototoxicity in pediatric patients aged one month and older who have localized, non-metastatic solid tumors and are receiving cisplatin chemotherapy. The company's end users are pediatric oncology patients, while its direct customers and distribution partners include hospitals, academic medical centers, community oncology clinics, specialty pharmacies, and international commercial partners.
The company is incorporated under the laws of British Columbia and maintains active subsidiaries in Delaware and Ireland. In the United States, its treatment is supplied to specialized pediatric hospitals and community oncology practices. Internationally, the company commercializes its product through third-party partners across Europe, Australia, New Zealand, Turkey, and Gulf Cooperation Council countries, with commercial availability established in Germany and the United Kingdom.
Summary of the business section of Fennec Pharmaceuticals's latest annual report, written by StockData.
Company profile
Company
- Legal name
- FENNEC PHARMACEUTICALS INC.
- Headquarters
- Research Triangle Park, NC
- Address
- Po Box 13628, 68 Tw Alexander Drive 27709
- Phone
- (919) 636-4530
- Website
- fennecpharma.com
- Employees
- 35, Dec 31, 2025
- Industry
- Biological Products, (No Diagnostic Substances)
- Incorporated in
- A1
- Fiscal year ends
- December 31
- Auditor
- HASKELL & WHITE LLP, Irvine, California
Stock & identifiers
- Ticker
- FENC
- Exchange
- Nasdaq
- IPO date
- Sep 15, 2017
- Shares outstanding
- 35M, Aug 11, 2026
- Public float
- $106.05M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-3 reverse, Nov 13, 2014; 1-for-18 reverse, Aug 25, 2011
- SEC CIK
- 1211583
- CUSIP
- 31447P100
- ISIN
- US31447P1003
- LEI
- 5299003IE70ITO2CBM73
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jeffrey S. Hackman | Chief Executive Officer, Director | 66,302 |
| Christiana Marie Cioffi | Chief Strategy Officer | 24,644 |
| Pierre Sargis Sayad | Chief Medical Officer | 9,519 |
| Terry L. Evans | Chief Commercial Officer | 21,519 |
| Robert Andrade | CHIEF FINANCIAL OFFICER | 241,306 |
| Marco Maria Brughera | Director | 0 |
| Jodi A. Cook | Director | – |
| Khalid Islam | Director | 133,333 |
| Chris A. Rallis | Director | 63,077 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr.Hackman | $1.72M | $815.46K | $4.12M | $103 | – |
| FY2024 Mr.Hackman | $1.61M | $1.87M | $1.12M | $85 | – |
| FY2024 Mr.Raykov | $3.24M | $1.96M | $1.12M | $85 | – |
| FY2023 Mr.Raykov | $2.50M | $4.53M | $1.23M | $151 | – |
| FY2022 Mr.Raykov | $614.16K | $1.57M | $428.92K | $129 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 35 employees, 19 of whom are in our commercial organization, and the rest of whom are in our G&A organization.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Sep 11, 2017 | Listing | Registration of securities on an exchange (Form 8-A) |
| May 17, 2017 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Aug 14, 2014 | Name change | Name changed from ADHEREX TECHNOLOGIES INC to FENNEC PHARMACEUTICALS INC. |
| Nov 15, 2013 | Late filing | Notification of late filing |
| Aug 16, 2010 | Late filing | Notification of late filing |
| Jul 17, 2009 | Deregistration | Termination of SEC registration (Form 15) |
| Jan 20, 2009 | Delisting | Notice of delisting from exchange (Form 25) |
| Jan 13, 2009 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Dec 11, 2008 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |