Paasa Logo
Cumberland Pharmaceuticals Inc. logo
CPIXNASDAQMarket closedOpens 9:30am ET

Cumberland Pharmaceuticals Inc.

$7.65Last updated
-$0.07 (0.91%)Past day
Timezone

Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX) is trading at $7.65, about ₹735 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.91% today. Indian residents can buy Cumberland Pharmaceuticals from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$7.72
Previous close:$7.72
Volume:8.93K

Today's low

$7.60

Today's high

$7.90

52 week low

$1.85

52 week high

$9.28

CPIX opened at $7.72, closed previously at $7.72, and has traded between $1.85 and $9.28 over the past 52 weeks.

About

Cumberland Pharmaceuticals Inc. functions as a specialized pharmaceutical enterprise, primarily involved in the procurement, advancement, and commercialization of prescription medications. Its strategic focus areas include acute hospital care, gastroenterology, rheumatology, and oncology, with operations spanning both the United States and global markets. The company's existing product line includes: Acetadote: an injectable solution for treating acetaminophen poisoning. Caldolor: an injectable medication for managing pain and fever. Kristalose: a prescription oral laxative solution effective for chronic and acute constipation. Omeclamox-Pak: used in the treatment of Helicobacter pylori infection and duodenal ulcer disease. Vaprisol: an injectable therapy for euvolemic and hypervolemic hyponatremia. Vibativ: an injectable antibiotic prescribed for severe bacterial infections, including those acquired in hospitals or associated with ventilators, as well as complex skin and skin structure infections. In its development pipeline, Cumberland is advancing: RediTrex injection: designed to treat active rheumatoid, juvenile idiopathic, and severe psoriatic arthritis, along with disabling psoriasis. Ifetroban: a product candidate currently in Phase II clinical trials for aspirin-exacerbated respiratory disease, systemic sclerosis, and Duchenne muscular dystrophy. It has also completed Phase II clinical trials for hepatorenal syndrome and portal hypertension, with further clinical investigation ongoing for its potential use in progressive fibrosing interstitial lung diseases. An additional product candidate in Phase II clinical trials, aimed at reducing cholesterol levels for hospital use. Founded in 1999, the company's corporate headquarters are located in Nashville, Tennessee.

Country
US
CEO
A. J. Kazimi
Exchange listed on
NASDAQ
Industry
Drug Manufacturers - Specialty & Generic
Base currency
USD
Full Time Employees
88
Sector
Healthcare
IPO date
11/08/2009

Key statistics

Avg. volume

89.04K

Market cap

$114.62M

P/E Ratio

-10.71

Price-to-sales ratio

3.67

Enterprise value

$58.26M

Free cash flow yield

8.12%

Debt-to-equity ratio

0.27

Return on equity

-11.40%

ROIC

-6.89%

Beta

0.10

Dividend yield

19.61%

Last dividend

$1.50

Financial overview

Revenue

$44.52M

Earnings per share

-$0.19

Free cash flow

$4.83M

Net profit margin

-33.92%

Gross margin

83.37%

EBITDA

$2.96M

Revenue growth

17.57%

Similar securities

This is not an investment recommendation

How to buy Cumberland Pharmaceuticals from India

Indian residents can buy Cumberland Pharmaceuticals shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Cumberland Pharmaceuticals and place an order

    Find Cumberland Pharmaceuticals by name or by its ticker, CPIX, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Cumberland Pharmaceuticals trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Cumberland Pharmaceuticals position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in Cumberland Pharmaceuticals from India

Trading and taxes when buying Cumberland Pharmaceuticals from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Cumberland Pharmaceuticals’ current yield is 19.61%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Cumberland Pharmaceuticals stock?

Yes. Cumberland Pharmaceuticals (CPIX) has been listed on NASDAQ since 2009, in the Drug Manufacturers - Specialty & Generic industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Cumberland Pharmaceuticals share cost in rupees?

One Cumberland Pharmaceuticals share is $7.65 — about ₹735 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Cumberland Pharmaceuticals price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Cumberland Pharmaceuticals from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Cumberland Pharmaceuticals?

Yes. One Cumberland Pharmaceuticals share is $7.65, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Cumberland Pharmaceuticals.

How are gains on Cumberland Pharmaceuticals shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Cumberland Pharmaceuticals price. Paasa issues a capital-gains statement for your return.

Does Cumberland Pharmaceuticals pay a dividend, and how is it taxed in India?

Yes. Cumberland Pharmaceuticals pays a dividend and the current yield is 19.61%; the last declared dividend was $1.50 per share, about ₹144.09. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Cumberland Pharmaceuticals from India?

NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Cumberland Pharmaceuticals shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Cumberland Pharmaceuticals shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Cumberland Pharmaceuticals holding, its cost and its closing value.

How do I sell Cumberland Pharmaceuticals and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.