<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001468308</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001211583</issuerCik>
            <issuerName>FENNEC PHARMACEUTICALS INC.</issuerName>
            <secFileNumber>001-32295</secFileNumber>
            <issuerAddress>
                <ns2:street1>PO BOX 13628, 68 TW ALEXANDER DRIVE</ns2:street1>
                <ns2:city>Research Triangle Park</ns2:city>
                <ns2:stateOrCountry>NC</ns2:stateOrCountry>
                <ns2:zipCode>27709</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>(919) 636-4530</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>ROBERT ANDRADE</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>75000</noOfUnitsSold>
            <aggregateMarketValue>883897.50</aggregateMarketValue>
            <noOfUnitsOutstanding>35067159</noOfUnitsOutstanding>
            <approxSaleDate>08/27/2026</approxSaleDate>
            <securitiesExchangeName>NASDAQ</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>08/13/2020</acquiredDate>
            <natureOfAcquisitionTransaction>Exercised Shares</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>ISSUER</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>75000</amountOfSecuritiesAcquired>
            <paymentDate>08/13/2020</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <remarks>The securities to be sold were acquired upon the exercise of Stock Options during the period of 08/13/2020 through 03/26/2026.</remarks>
        <noticeSignature>
            <noticeDate>08/27/2026</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>05/22/2026</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Robert Andrade</signature>
        </noticeSignature>
    </formData>
</edgarSubmission>
