MediPharm Labs reported positive net income for the second consecutive quarter and its third consecutive quarter of positive Adjusted EBITDA in Q3 2026. Revenue rose 18% sequentially to $11.8 million, driven by strong international medical sales, especially in Germany where revenue grew 81% year-over-year. Operating expenses fell 25% compared to Q3 2025, and the company ended the quarter with $10.1 million in cash and minimal debt. MediPharm continues to expand its global medical cannabis footprint and is advancing regulatory approvals and commercialization for new products, including inhalers in Europe and Panama.
MediPharm Labs' Q3 2026 results provide context for health-sector performance. For readers following health stocks, 91 of 150 US health-sector stocks on Pluang rose while 53 fell. Notable movers include Twist Bioscience Corp at USD 118.77 with a 3.12% decline, Inovio Pharmaceuticals Inc at USD 1.43 down 3.05%, and Hims and Hers Health Inc at USD 20.20 down 2.93%. Data is as of Nov 12, 2026 19:11 WIB.
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