Sinew Pharma, Inc.

Sinew Pharma, Inc.

TTPEX:6634
55.40
TWD
-2.30
(-3.99%)
5.18BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
0.01
0.1
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
-1.98
-2.07
-2.08
-1.9
-1.94
-1.6
-1.54
-2.02
-2.43
-2.11
-1.74
- -
Free Cash Flow per Basic Share
- -
-2.11
-1.58
-1.5
-1.44
-1.66
-1.21
-1.06
-1.44
-1.78
-1.51
-1.37
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.52
6.01
9.83
7.99
6.11
4.28
8.1
22.73
20.9
18.6
16.79
15.31
14.55
Tangible Book Value per Share
2.96
1.94
6.17
4.77
3.29
1.86
6.55
21.76
20.11
18.06
16.48
15.09
14.35
Basic Weighted Avg Shares
39
24
32
39
39
39
51
59
69
70
71
71
71
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
6
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
-18,204.76
-1,515.81
-45,252.44
- -
- -
-298,140.43
- -
Depreciation Expense
- -
10
16
16
17
18
22
23
23
29
30
19
- -
Net Income, GAAP
- -
-48
-67
-82
-74
-76
-82
-92
-140
-171
-150
-124
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
-17,751.3
-1,470.14
-42,737.8
- -
- -
-263,287.23
- -
Working Capital
116
76
241
187
129
58
336
1,486
1,385
1,260
1,154
1,052
1,000
LT Debt
- -
- -
- -
- -
- -
3
1
- -
5
3
- -
9
6
Total Equity
137
235
384
314
240
169
436
1,569
1,459
1,324
1,197
1,091
1,038
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-25.54
-21.73
-23.42
-26.88
-37.28
-27.13
-9.14
-9.26
-12.29
-11.93
-10.81
- -

Capital Structure

TWD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
6
6
6
LT Borrowings
- -
- -
- -
LT Finance Leases
12
9
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
71
71
71
Market Capitalization
3,559
2,791
5,183

Working Capital

TWD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
1,128
1,077
1,022
Cash, Cash Equivalents & STI
1,103
1,052
995
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
21
25
22
Payables & Accruals
- -
- -
- -
ST Debt
6
6
6
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
37.55%
45.06%
-8.86%
Free Cash Flow
8.45%
12.34%
-9.53%
Net Income, GAAP
12.09%
11.39%
-17.71%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

TWD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Earnings Per Share

TWD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-2.11
2025
- -
- -
-1.74
2026
- -
- -
- -

Semi-annual Dividends Per Share

TWD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Kai Min Zhu
Full Time Employees
57
Sector
Health technology
Industry
Biotechnology
Address
C516, Building C Taipei TP Taiwan 11571
IPO Date
Jun 29, 2017
Business
Sinew Pharma Inc. is a Taiwan-based biopharmaceutical company specializing in the development and commercialization of innovative drugs addressing unmet medical needs, particularly in metabolic dysfunction-associated steatohepatitis (MASH) and hepatotoxicity-free analgesics. The company’s core products include several late-stage drug candidates: SNP-610, an innovative combination drug in Phase II clinical trials targeting alcoholic steatohepatitis and MASH; SNP-630, a new chemical entity in Phase II for related indications; SNP-810, a next-generation acetaminophen with high liver safety undergoing Phase II trials for pain relief and fever reduction; SNP-820, an acetaminophen poisoning antidote in Phase II; and preclinical candidates SNP-830 and SNP-840, developed as hepatotoxicity-free analgesics for the U.S. market. These products emphasize safety improvements over conventional acetaminophen to reduce liver injury risks. Sinew Pharma serves global markets with a focus on Taiwan and the U.S., providing pharmaceutical solutions for liver diseases, pain management, and related conditions. Founded in 2014 and headquartered in Taipei City, Taiwan, Sinew Pharma operates as a publicly listed company on the Taiwan Stock Exchange (Ticker: 6634.TWO). The company has recently advanced its clinical pipeline significantly, notably achieving primary and secondary endpoints in Phase I/II trials for SNP-810, a novel pain relief drug with enhanced liver safety, positioning it to capture a market opportunity valued at $950 million. Additionally, Sinew Pharma actively participates in major industry events such as the MASH Drug Development Summit, presenting new research findings to strengthen its profile in MASH treatment development. The company also announced strategic progress in developing first-in-class treatments for liver-related diseases, emphasizing its role in pioneering hepatotoxicity-free analgesic drugs and MASH therapeutics. Sinew Pharma’s business model integrates research, clinical development, and commercialization of pharmaceutical products addressing critical health issues related to liver toxicity and pain management. Its product pipeline and R&D efforts reflect a strategic focus on innovative, safer alternatives to existing therapies, primarily through novel chemical entities and combination drugs. The company maintains a portfolio targeting non-alcoholic steatohepatitis (NASH, now termed MASH), liver cirrhosis, liver cancer, and pain/fever reduction with minimal hepatotoxic risk. This strategy aims to serve patients suffering from severe liver injuries linked to conventional drugs, capitalizing on robust market demand and expanding therapeutic indications. In the last 1-2 years, Sinew Pharma has notably advanced clinical trials for its key pipeline drugs, including SNP-810, and expanded its presence in global markets through participation in international summits and showcasing its research breakthroughs. The company pursues collaborations and strategic alliances to enhance its drug development capabilities and market penetration. Its commitment to innovation in hepatotoxicity-free drugs distinguishes it within the biopharmaceutical industry focused on liver health and analgesic safety. Sinew Pharma’s leadership includes Chairman and CEO Kaimin Chu, supported by an experienced management and scientific advisory team guiding the company’s R&D and strategic direction. The company’s operations and drug development are centered in Taiwan, with an increasing emphasis on clinical collaborations and regulatory approvals extending toward the U.S. and other global markets. This positions Sinew Pharma as a leading pharmaceutical innovator addressing urgent unmet medical needs with a comprehensive pipeline of liver safety-focused therapeutics.