MEDICURE INC | CIK:0001133519 | 3

  • Filed: 5/15/2018
  • Entity registrant name: MEDICURE INC (CIK: 0001133519)
  • Generator: Ez-XBRL
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1133519/000127956918001086/0001279569-18-001086-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1133519/000127956918001086/mph-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001133519
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    • ifrs-full:DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory

    Cost   Licenses     Patents     Trademarks     Customer 
    list    		     Approved
    ANDAs    		     Acquired in 
    process 
    research and 
    development    		     Acquired 
    intangible 
    assets    		     Total  
    At December 31, 2015   $ -     $ 15,708,549     $ 4,428,338     $ 781,472     $ -     $ -     $ -     $ 20,918,359  
    Acquisitions under business   combinations (note 4), as previously stated     -       -       -       -       -       -       101,712,420       101,712,420  
    Effect of movements in exchange rates     -       (468,759 )     (132,146 )     (23,320 )     -       -       -       (624,225 )
    Reclassified for finalization of purchase price allocation (note 4)     -       9,772,740       -       6,713,991       1,505,664       83,720,025       (101,712,420 )     -  
    At December 31, 2016   $ -     $ 25,012,530     $ 4,296,192     $ 7,472,143     $ 1,505,664     $ 83,720,025     $ -     $ 122,006,554  
    Additions     2,383,550       -       -       -       -       -       -       2,383,550  
    Impairment     (635,721 )     -       -       -       -       -       -       (635,721 )
    Transfers to assets held for resale     -       (9,122,874 )     -       (6,267,525 )     (1,405,541 )     (78,152,819 )     -       (94,948,759 )
    Effect of movements in exchange rates     8,471       (1,650,944 )     (282,211 )     (496,269 )     (100,123 )     (5,567,206 )     -       (8,088,282 )
    At December 31, 2017   $ 1,756,300     $ 14,238,712     $ 4,013,981     $ 708,349     $ -     $ -     $ -     $ 20,717,342  

     

    Accumulated 
    amortization and 
    impairment losses    		   Licenses     Patents     Trademarks     Customer 
    list    		     Approved 
    ANDAs    		     Acquired in 
    process 
    research and 
    development    		     Acquired 
    intangible 
    assets    		     Total  
    At December 31, 2015   $ -     $ 14,781,836     $ 4,015,852     $ 708,679     $ -     $ -     $ -     $ 19,506,367  
    Amortization     -       886,217       394,461       69,612       -       -       841,734       2,192,024  
    Effect of movements in exchange rates     -       (428,263 )     (114,121 )     (20,139 )     -       -       5,869       (556,654 )
    Reclassified for finalization of purchase price allocation (note 4)     -       81,440       -       55,949       12,548       697,666       (847,603 )     -  
    At December 31, 2016   $ -     $ 15,321,230     $ 4,296,192     $ 814,101     $ 12,548     $ 697,666     $ -     $ 21,141,737  
    Amortization     -       637,406       -       437,904       98,203       5,460,444       -       6,633,957  
    Transfers to assets held for resale     -       (684,216 )     -       (470,064 )     (105,416 )     (5,861,461 )     -       (7,121,157 )
    Effect of movements in exchange rates     -       (1,035,708 )     (282,211 )     (73,592 )     (5,335 )     (296,649 )     -       (1,693,495 )
    At December 31, 2017   $ -     $ 14,238,712     $ 4,013,981     $ 708,349     $ -     $ -     $ -     $ 18,961,042  
     
    Carrying amounts   Licenses     Patents     Trademarks     Customer 
    list    		     Approved 
    ANDAs    		     Acquired in 
    process
    research and 
    development    		     Acquired 
    intangible 
    assets    		     Total  
    At December 31, 2016   $ -     $ 9,691,300     $ -     $ 6,658,042     $ 1,493,116     $ 83,022,359     $ -     $ 100,864,817  
    At December 31, 2017   $ 1,756,300     $ -     $ -     $ -     $ -     $ -     $ -     $ 1,756,300