Fennec Pharmaceuticals Inc.

NasdaqCM:FENC Stock Report

Market Cap: US$225.5m

Fennec Pharmaceuticals Management

Management criteria checks 3/4

Fennec Pharmaceuticals' CEO is Jeff Hackman, appointed in Aug 2024, has a tenure of 1.75 years. total yearly compensation is $1.72M, comprised of 34% salary and 66% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth $395.72K. The average tenure of the management team and the board of directors is 1.7 years and 10.9 years respectively.

Key information

Jeff Hackman

Chief executive officer

US$1.7m

Total compensation

CEO salary percentage34.05%
CEO tenure1.8yrs
CEO ownership0.2%
Management average tenure1.7yrs
Board average tenure10.9yrs

Recent management updates

Recent updates

FENC: Expanding Cisplatin Ototoxicity Use Should Support Future Bullish Earnings Multiple

Analysts have adjusted their price target on Fennec Pharmaceuticals to $18.00, with the change supported by updated assumptions around revenue growth, profit margins, and a future P/E of about 12.8, in line with a recently bullish initiation from Street research. Analyst Commentary Bullish analysts are framing the updated US$18.00 price target as consistent with expectations for Fennec Pharmaceuticals to execute against current revenue and margin assumptions while trading on a P/E of about 12.8. These views generally point to a setup where, if the company delivers on its plan, the current valuation case remains intact and could support the new target level.

FENC: Cisplatin Ototoxicity Niche Will Support Future Bullish Earnings Multiple

Analysts have raised their price target on Fennec Pharmaceuticals to $18.00, supported by updated assumptions on revenue growth, profit margin and future P/E, and underpinned by a recent bullish initiation from B. Riley that reflects growing confidence in the company’s outlook.

FENC: Cisplatin Ototoxicity Niche Will Underpin Future Supportive Care Upside

Analysts have reaffirmed an $18 price target for Fennec Pharmaceuticals, highlighting supportive research that emphasizes Pedmark's role as a unique, approved option in oncology supportive care. They are also reassessing assumptions related to future revenue growth, profit margins and P/E expectations.

FENC: Single Oncology Supportive Care Asset Will Drive Future Upside Potential

Narrative Update: Fennec Pharmaceuticals Analysts have lifted their price target on Fennec Pharmaceuticals from $14.00 to about $15.33, citing a richer revenue outlook, higher anticipated profit margins, and a willingness to apply a lower future P/E multiple. They highlight Pedmark's position as a unique, FDA approved option in oncology supportive care, with U.S. peak sales potential referenced above $300m.

FENC: Cisplatin Ototoxicity Niche Will Support Future Oncology Care Upside

Analysts are reiterating an $18 price target for Fennec Pharmaceuticals. They point to updated assumptions that include slightly lower discount rates, higher projected revenue growth and profit margins, and a modestly lower future P/E, supported by recent bullish initiations that highlight Pedmark's role as a unique oncology supportive care opportunity.

FENC: Cisplatin Ototoxicity Niche Will Drive Future Supportive Care Upside

Analysts have reiterated a US$18 price target on Fennec Pharmaceuticals, supported by their view that Pedmark offers a unique, only-approved option in oncology supportive care, with what they describe as realistic peak U.S. sales potential above US$300m. Analyst Commentary Recent coverage has centered on Pedmark as a key driver for Fennec's equity story, with bullish analysts highlighting its role as the only approved agent for reducing the risk of cisplatin induced ototoxicity in oncology supportive care.

FENC: Cisplatin Ototoxicity Leadership And New Studies Will Support Strong Future Upside

Narrative Update Analysts are reaffirming a US$18 price target on Fennec Pharmaceuticals, pointing to Pedmark's role as the only approved agent for reducing cisplatin induced ototoxicity and noting that they view U.S. peak sales potential above US$300m as realistic. Analyst Commentary Bullish analysts are highlighting Fennec Pharmaceuticals as a focused oncology supportive care story, built around Pedmark as an intravenous formulation of sodium thiosulfate for reducing the risk of cisplatin induced ototoxicity.

FENC: Unique Oncology Supportive Care Opportunity Will Drive Stronger Future Upside Potential

Narrative Update Overview Our fair value estimate for Fennec Pharmaceuticals edges up from $17 to $18 per share, reflecting analysts' view that Pedmark offers a unique oncology supportive care opportunity with U.S. peak sales potential cited north of $300 million and supports using a slightly higher revenue growth outlook, modestly stronger profit margins, and a lower future P/E multiple. Analyst Commentary Bullish analysts are centering their thesis on Pedmark as a differentiated oncology supportive care product, and that view is shaping how they think about valuation, execution risk, and long term growth potential.

FENC: Expanded Adult Study Will Drive Stronger Future Upside Potential

Analysts have nudged their price target on Fennec Pharmaceuticals modestly higher to reflect slightly faster expected revenue growth, marginally improved profit margins, and a marginally lower projected future price to earnings multiple, supporting a fair value estimate of $17.00 per share. What's in the News Planned City of Hope investigator sponsored study will evaluate PEDMARK for preventing cisplatin induced hearing loss in adult men with stage II III metastatic testicular germ cell tumors, expanding its potential use beyond pediatrics (company announcement).

Fennec Pharmaceuticals: A Compelling Single-Asset Growth Story For 2026

Dec 22

FENC: Expanded Hearing Loss Indication Will Drive Stronger Future Upside Potential

Analysts have raised their price target on Fennec Pharmaceuticals from 15 dollars to 17 dollars, citing updated assumptions for discount rates, growth, profitability, and valuation multiples that, despite being more conservative on margins and revenue growth, still imply a higher fair value. What's in the News City of Hope to launch an investigator sponsored study of PEDMARK in adult men with stage II III metastatic testicular germ cell tumors to prevent cisplatin induced hearing loss, expanding potential use beyond pediatrics (company announcement) Positive topline results reported from the Phase 2/3 STS J01 trial in Japan evaluating PEDMARK for reducing cisplatin induced ototoxicity in pediatric and AYA patients, with Fennec planning to pursue Japanese registration and potential partnering or licensing deals (company announcement) Completed 35 million dollar follow on equity offering of 4,666,667 common shares at 7.50 dollars per share, bolstering the balance sheet for commercialization and development initiatives (financing filing) Announced a non brokered private placement of 670,000 common shares at 7.50 dollars per share for expected gross proceeds of 5.0 million dollars, with closing targeted for November 17, 2025 (financing announcement) Lock up agreements put in place on over 28 million common shares and various equity linked awards through February 12, 2026, limiting insider and holder sales for 91 days after the November 13, 2025 offering (offering documentation) Valuation Changes Fair value estimate increased from 15 dollars to 17 dollars per share, implying a modest upward revision to intrinsic value despite more conservative operating assumptions.

Fennec Pharmaceuticals Inc.'s (NASDAQ:FENC) Share Price Is Matching Sentiment Around Its Revenues

Apr 24
Fennec Pharmaceuticals Inc.'s (NASDAQ:FENC) Share Price Is Matching Sentiment Around Its Revenues

US$12.60: That's What Analysts Think Fennec Pharmaceuticals Inc. (NASDAQ:FENC) Is Worth After Its Latest Results

Mar 13
US$12.60: That's What Analysts Think Fennec Pharmaceuticals Inc. (NASDAQ:FENC) Is Worth After Its Latest Results

Improved Revenues Required Before Fennec Pharmaceuticals Inc. (NASDAQ:FENC) Stock's 25% Jump Looks Justified

Nov 24
Improved Revenues Required Before Fennec Pharmaceuticals Inc. (NASDAQ:FENC) Stock's 25% Jump Looks Justified

Revenues Working Against Fennec Pharmaceuticals Inc.'s (NASDAQ:FENC) Share Price

Oct 04
Revenues Working Against Fennec Pharmaceuticals Inc.'s (NASDAQ:FENC) Share Price
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Jeff Hackman's Leadership And PEDMARK's Launch Promise Robust Revenue Surge

Introduction of PEDMARK and strategic partnerships aim to boost net revenues through expanded patient access and improved distribution.

Fennec Pharmaceuticals Inc. (NASDAQ:FENC) Analysts Are More Bearish Than They Used To Be

Aug 15
Fennec Pharmaceuticals Inc. (NASDAQ:FENC) Analysts Are More Bearish Than They Used To Be

Is Fennec Pharmaceuticals (NASDAQ:FENC) A Risky Investment?

Jul 16
Is Fennec Pharmaceuticals (NASDAQ:FENC) A Risky Investment?

Lacklustre Performance Is Driving Fennec Pharmaceuticals Inc.'s (NASDAQ:FENC) 27% Price Drop

Jun 02
Lacklustre Performance Is Driving Fennec Pharmaceuticals Inc.'s (NASDAQ:FENC) 27% Price Drop

Risks To Shareholder Returns Are Elevated At These Prices For Fennec Pharmaceuticals Inc. (NASDAQ:FENC)

Apr 18
Risks To Shareholder Returns Are Elevated At These Prices For Fennec Pharmaceuticals Inc. (NASDAQ:FENC)

Earnings Update: Fennec Pharmaceuticals Inc. (NASDAQ:FENC) Just Reported And Analysts Are Boosting Their Estimates

Nov 09
Earnings Update: Fennec Pharmaceuticals Inc. (NASDAQ:FENC) Just Reported And Analysts Are Boosting Their Estimates

CEO Compensation Analysis

How has Jeff Hackman's remuneration changed compared to Fennec Pharmaceuticals's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025US$2mUS$586k

-US$10m

Sep 30 2025n/an/a

-US$7m

Jun 30 2025n/an/a

-US$12m

Mar 31 2025n/an/a

-US$14m

Dec 31 2024US$2mUS$225k

-US$436k

Compensation vs Market: Jeff's total compensation ($USD1.72M) is about average for companies of similar size in the US market ($USD1.56M).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.


CEO

Jeff Hackman (62 yo)

1.8yrs
Tenure
US$1,722,154
Compensation

Mr. Jeffrey S. Hackman, also known as Jeff, is CEO & Director of Fennec Pharmaceuticals Inc. from August 16, 2024. He served as Chairman, President and Chief Executive Officer of Comera Life Sciences Holdi...


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Hackman
CEO & Director1.8yrsUS$1.72m0.18%
$ 395.7k
Robert Andrade
Chief Financial Officer10.5yrsUS$1.87m0.83%
$ 1.9m
Pierre Sayad
Chief Medical Officer1.6yrsUS$775.08k0.060%
$ 135.2k
Terry Evans
Chief Commercial Officer1.6yrsno data0.054%
$ 121.8k
Christiana Cioffi
Chief Strategy Officer1.6yrsno data0.064%
$ 143.6k
Mark Gowland
Controller10.5yrsno datano data
Lei Fang
President of Pharstat Incno datano datano data
1.7yrs
Average Tenure

Experienced Management: FENC's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Hackman
CEO & Director1.8yrsUS$1.72m0.18%
$ 395.7k
Chris Rallis
Independent Director14.8yrsUS$148.15k0.17%
$ 373.3k
Khalid Islam
Independent Chairman of the Board12.1yrsUS$182.06k0.62%
$ 1.4m
Jodi Cook
Independent Director6.7yrsUS$128.15k0%
$ 0
Rostislav Raykov
Director16.8yrsUS$3.24m0.33%
$ 744.6k
Marco Brughera
Independent Director9.8yrsUS$143.15k0%
$ 0
10.9yrs
Average Tenure
66yo
Average Age

Experienced Board: FENC's board of directors are seasoned and experienced ( 10.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/03 01:20
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fennec Pharmaceuticals Inc. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mayank MamtaniB. Riley Securities, Inc.
Madison Wynne El-SaadiB. Riley Securities, Inc.
Naureen QuibriaCapital One Securities, Inc.