Sunshine Biopharma Inc. (NASDAQ:SBFM) (the "Company"), a leading pharmaceutical company specializing in generic and specialty prescription medications, is pleased to announce the approval of its generic Amoxicillin formulation for the Canadian market. This strategic expansion reinforces Sunshine Biopharma's commitment to providing affordable, high-quality antibiotics to patients across Canada.

Amoxicillin, a widely prescribed penicillin-class antibiotic, is used to treat a variety of bacterial infections including ear infections, sinus infections, strep throat, pneumonia, bronchitis, urinary tract infections, skin and soft‑tissue infections, and dental infections. Sunshine Biopharma's generic version will be available in multiple dosage forms and strengths, ensuring broad accessibility for prescribers and pharmacists. It is anticipated that Sunshine Biopharma's Amoxicillin will be ready to ship to pharmacies in August 2026.

Amoxicillin global sales revenue in 2025 was estimated to be between $4.9 billion and $5.9 billion USD and is expected to increase at a compounded annual growth rate (CAGR) of 2.9% reaching approximately $6.4 USD by 2031. The major drivers for this market growth include the increasing prevalence of bacterial infections worldwide, the rising demand for affordable antibiotic treatments, and the growing adoption Amoxicillin in pediatric and adult care. The Canadian market comprises approximately 2% of the global total (IQVIA, OECD, Health Canada).