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Milestone Pharmaceuticals Inc

milestonepharma.com

What Do They Do?

Sells CARDAMYST, a prescription nasal spray for people with sudden episodes of rapid heartbeat, and develops etripamil for other heart rhythm conditions.

Who Are Their Customers?

In the United States, the company promotes CARDAMYST to cardiologists, electrophysiologists and some primary-care physicians, and distributes it through wholesalers to retail pharmacies after prescriptions are received.

Do Revenues Turn Into Profits?

No. It lost $63.1M in .

Operating income,
−4019% of revenue
▲ +48% (Loss) vs (−$42.1M)
Net income,
−4079% of revenue
▲ +52% (Loss) vs (−$41.5M)
Free cash flow,
−3192% of revenue
▲ +71% (Loss) vs (−$28.9M)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
Net income
▲ +121% (Loss)
vs −$13M in Q2 FY2025
  • Sep 3, 2026 China approves etripamil nasal spray for PSVT in adults Everest Medicines will lead commercialization in Greater China; approval triggers a $2.0 million milestone payment.

From development to sales The older report described etripamil as a lead product candidate in development; the latest report describes CARDAMYST as approved and being commercialized in the United States, while development continues for other heart rhythm conditions.

Who Do They Compete With?

Competes with InCarda Therapeutics and Acesion Pharma

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