Sector: Healthcare | Industry: Biotechnology & Medical Research |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 5005 Mcconnell Ave LOS ANGELES CA 90066 |
Tel: | 1-212-9152569 |
Website: | https://www.armatapharma.com |
IR: | See website |
Key People | ||
Deborah L. Birx Chief Executive Officer, Director | Richard Rychlik Principal Financial Officer |
Business Overview |
Armata Pharmaceuticals, Inc. is a clinical-stage biotechnology company focused on the development of pathogen-specific bacteriophage therapeutics for the treatment of antibiotic-resistant and difficult-to-treat bacterial infections using its bacteriophage-based technology. Th Company is engaged in developing and advancing a pipeline of natural and synthetic phage candidates, including clinical candidates for Pseudomonas aeruginosa, Staphylococcus aureus, and other pathogens. Its two lead candidates addresses both chronic and acute bacterial infections. The Company's first lead candidate focused primarily on chronic bacterial infections is the clinical phage candidate for Pseudomonas aeruginosa. In parallel, it has an acute bacterial infection clinical development plan focused on Staphylococcus aureus bacteremia, a difficult-to-treat and often life-threatening infection. |
Financial Overview |
For the fiscal year ended 31 December 2023, Armata Pharmaceuticals Inc revenues decreased 18% to $4.5M. Net loss increased 87% to $69M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects General & Adminstrative increase of 91% to $11.7M (expense), Interest expense increase from $0K to $2.6M (expense). |
Employees: | 66 as of Mar 1, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $160.24M as of Dec 31, 2023 |
Annual revenue (TTM): | $4.53M as of Dec 31, 2023 |
EBITDA (TTM): | -$39.91M as of Dec 31, 2023 |
Net annual income (TTM): | -$69.05M as of Dec 31, 2023 |
Free cash flow (TTM): | -$55.57M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $68.78M as of Dec 31, 2023 |
Shares outstanding: | 36,148,539 as of Mar 15, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |