Sector: Healthcare | Industry: Pharmaceuticals |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 210 Main Street West BAUDETTE MN 56623 |
Tel: | 1-212-4522793 |
Website: | https://www.anipharmaceuticals.com |
IR: | See website |
Key People | ||
Nikhil Suresh Lalwani President, Chief Executive Officer, Director | Muthusamy Shanmugam Director, Head of Research and Development, Chief Operating Officer - Novitium Operations | Stephen P. Carey Chief Financial Officer, Senior Vice President |
Krista Davis Chief Human Resource Officer, Senior Vice President | Meredith W. Cook Senior Vice President, General Counsel, Corporate Secretary | Chad Gassert Senior Vice President - Corporate Development and Strategy |
Ori Gutwerg Senior Vice President - Generics | James G. Marken Senior Vice President - Operations | Christopher K. Mutz Senior Vice President, Head of Rare Diseases | Thomas Andrew Rowland Senior Vice President - Head of Established Brands |
Business Overview |
ANI Pharmaceuticals, Inc. is a diversified biopharmaceutical company, which serves patients in need by developing, manufacturing and marketing branded and generic prescription pharmaceutical products, including for diseases with high unmet medical need. The Company is focused on delivering sustainable growth by scaling up its Rare Disease business through its lead asset, Purified Cortrophin Gel, as well as its generics business with enhanced research and development capabilities. Its three pharmaceutical manufacturing facilities, of which two are located in Baudette, Minnesota, and one is located in East Windsor, New Jersey, are together capable of producing oral solid dose products, as well as semi-solids, liquids and topicals, controlled substances, and potent products. The Company has a commercial portfolio of approximately 118 products with a variety of indications and a robust portfolio of pipeline products. |
Financial Overview |
For the nine months ended 30 September 2024, ANI Pharmaceuticals Inc revenues increased 19% to $423.8M. Net loss applicable to common stockholders totaled $9.5M vs. income of $14.8M. Revenues reflect Rare Disease segment increase of 95% to $105.6M, United States segment increase of 15% to $285.2M, International segment increase from $0K to $1.2M. Net loss reflects Selling, General and administrative increase of 54% to $160M (expense). |
Employees: | 642 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,745M as of Sep 30, 2024 |
Annual revenue (TTM): | $555.46M as of Sep 30, 2024 |
EBITDA (TTM): | $66.67M as of Sep 30, 2024 |
Net annual income (TTM): | -$8.77M as of Sep 30, 2024 |
Free cash flow (TTM): | $75.15M as of Sep 30, 2024 |
Net Debt Last Fiscal Year: | $472.08M as of Sep 30, 2024 |
Shares outstanding: | 21,028,639 as of Nov 1, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |