Sunshine Biopharma Canadian Subsidiary, Nora Pharma, Launches Pravastatin, Generic Prescription Drug In Therapeutic Class Of Lipid Metabolism Regulators

Sunshine Biopharma Inc. (NASDAQ:SBFM) (the "Company"), a pharmaceutical company offering and researching life-saving medicines in a variety of therapeutic areas including oncology and antivirals today announced that its wholly owned Canadian subsidiary, Nora Pharma Inc., has launched Pravastatin, a generic prescription drug in the therapeutic class of Lipid Metabolism Regulators.

Pravastatin is a generic version of Pravachol®. Pravastatin is a statin medication that works by lowering bad cholesterol (LDL) and increasing good cholesterol (HDL) in the blood. This helps prevent heart attacks, strokes, and other serious cardiovascular conditions. With cardiovascular disease remaining a top global health challenge, Nora Pharma is committed to providing effective, accessible treatment options.

Nora Pharma's Pravastatin is available in strengths of 10 mg, 20 mg, and 40 mg, and comes in bottles of 100 tablets.

According to IQVIA, the Canadian market of cholesterol lowering drugs is estimated to reach USD $582 million by the end of 2025. IQVIA further estimates that the cholesterol lowering drugs market in Canada will expand at a CAGR of 8% per year, reaching USD $1.07 billion by 2033. Globally, Biospace projects the lipid-lowering drugs market size to surpass USD $46.58 billion by 2033.