Cosmo Pharmaceuticals N.V./€COPN

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About Cosmo Pharmaceuticals N.V.

Cosmo Pharmaceuticals N.V. is a specialty pharmaceutical company headquartered in Dublin, Ireland, with a focus on developing and manufacturing treatments for gastrointestinal diseases, specifically targeting the large intestine. The company's core products include therapies for ulcerative colitis, colon infections, and related areas. Cosmo's notable products, such as Lialda/Mezavant and Eleview, highlight its focus on advanced treatments that enhance colonic drug delivery and endoscopic visualization. The company has strategically concentrated its research and development to specialize in its therapeutic areas, leveraging its proprietary Methacrylate-Copolymer technology. Cosmo Pharmaceuticals also engages in partnerships to extend its market reach and continues to expand its influence globally through strategic collaborations and licensing agreements.
Ticker
€COPN
Sector
Health
Primary listing
XGAT
Employees
365
Headquarters
Dublin, Ireland

COPN Metrics

BasicAdvanced
€996M
-
-€0.38
1.48
€2.10
3.62%

Bulls say / Bears say

Recurring revenue rose 18% in H1 2026, led by Winlevi up 38%, Lialda up 35% and CDMO up 14%. Cosmo reaffirmed 2026 revenue guidance of €105–110 million and EBITDA guidance of €10.5–13.5 million. (Cosmo Pharmaceuticals, Investing.com)
Clascoterone 5% topical solution produced positive 12-month Phase III efficacy and safety data, with statistically significant continued hair growth and preparations under way for US and European filings. If approved, the hair-loss treatment could add a sizeable new growth platform beyond Cosmo’s current products. (MarketScreener, Cosmo Pharmaceuticals)
Cosmo ended H1 2026 with €205.1 million in cash, cash equivalents and investments and no financial debt. That balance sheet gives it room to fund its pipeline, expand GI Genius and pursue partnerships without relying on new borrowing. (Cosmo Pharmaceuticals, Investing.com)
H1 2026 revenue was €50.2 million, while EBITDA fell to a small loss and the operating loss widened to €6.6 million. Meeting the full-year EBITDA target therefore depends on a material improvement in the second half. (Investing.com, Bitget)
The hair-loss opportunity remains unapproved: Cosmo is targeting US filing in early 2027 and European filing later in 2027. Regulatory review, further clinical analysis and reliance on partners could delay or reduce the product’s eventual commercial value. (MarketScreener, Stockwatch)
The investment case still relies on a relatively narrow product base and partner execution. Recent commentary also flags pricing pressure and generic competition in legacy gastrointestinal products, which could limit the benefit from Winlevi expansion. (Simply Wall St)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.

Funds containing COPN

AllEURGBP
Funds
Fund name
Fund size
€COPN weighting
Xtrackers MSCI Europe Small Cap€DX2J
€3.2B0.04%
Xtrackers MSCI Europe Small Cap£XXSC
£2.8B0.04%
SPDR MSCI All Country World IM€SPYI
€7.5B0.00%
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Market data provided by CBOE Europe and Deutsche Börse.