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MDCXNASDAQMarket closedOpens 9:30am ET

Medicus Pharma Ltd. Common Stock

$0.15Last updated
-$0.01 (4.03%)Past day
Timezone

Medicus Pharma Ltd. Common Stock (NASDAQ: MDCX) is trading at $0.15, about ₹15 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 4.03% today. Indian residents can buy Medicus Pharma Ltd. Common Stock from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$0.16
Previous close:$0.16
Volume:2.05M

Today's low

$0.15

Today's high

$0.16

52 week low

$0.14

52 week high

$2.78

MDCX opened at $0.16, closed previously at $0.16, and has traded between $0.14 and $2.78 over the past 52 weeks.

About

Medicus Pharma Ltd., a biotechnology and life sciences enterprise, is dedicated to expediting the progression of innovative and groundbreaking medical treatments through their clinical development phases. A primary focus for the company is the creation of non-surgical solutions specifically targeting dermatological malignancies.

Country
CA
CEO
Raza Bokhari
Exchange listed on
NASDAQ
Industry
Biotechnology
Base currency
USD
Full Time Employees
16
Sector
Healthcare
IPO date
15/11/2024

Key statistics

Avg. volume

3.85M

Market cap

$3.36M

P/E Ratio

-0.09

Price-to-sales ratio

0.00

Enterprise value

$7.91M

Free cash flow yield

-681.60%

Debt-to-equity ratio

-12.27

Return on equity

17867.26%

ROIC

-269.16%

Beta

-0.61

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$0.00

Earnings per share

-$1.96

Free cash flow

-$22.78M

Net profit margin

0.00%

Gross margin

0.00%

EBITDA

-$25.23M

Revenue growth

—

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This is not an investment recommendation

How to buy Medicus Pharma Ltd. Common Stock from India

Indian residents can buy Medicus Pharma Ltd. Common Stock 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 Medicus Pharma Ltd. Common Stock and place an order

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

  4. Track holdings and download tax reports

    Follow your Medicus Pharma Ltd. Common Stock position in USD and INR. Medicus Pharma Ltd. Common Stock pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Medicus Pharma Ltd. Common Stock from India

Trading and taxes when buying Medicus Pharma Ltd. Common Stock 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
NoneMedicus Pharma Ltd. Common Stock does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained

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 Medicus Pharma Ltd. Common Stock stock?

Yes. Medicus Pharma Ltd. Common Stock (MDCX) has been listed on NASDAQ since 2024, in the Biotechnology 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 Medicus Pharma Ltd. Common Stock share cost in rupees?

One Medicus Pharma Ltd. Common Stock share is $0.15 — about ₹15 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Medicus Pharma Ltd. Common Stock 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 Medicus Pharma Ltd. Common Stock 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 Medicus Pharma Ltd. Common Stock?

Yes. One Medicus Pharma Ltd. Common Stock share is $0.15, 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 Medicus Pharma Ltd. Common Stock.

How are gains on Medicus Pharma Ltd. Common Stock 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 Medicus Pharma Ltd. Common Stock price. Paasa issues a capital-gains statement for your return.

Does Medicus Pharma Ltd. Common Stock pay a dividend?

No. Medicus Pharma Ltd. Common Stock does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Medicus Pharma Ltd. Common Stock 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 Medicus Pharma Ltd. Common Stock a United States company, and does that change how it is taxed?

Medicus Pharma Ltd. Common Stock trades on NASDAQ in US dollars, but the company is domiciled in Canada. Medicus Pharma Ltd. Common Stock trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.

Do I have to declare Medicus Pharma Ltd. Common Stock 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 Medicus Pharma Ltd. Common Stock holding, its cost and its closing value.

How do I sell Medicus Pharma Ltd. Common Stock 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.