Sector: Healthcare | Industry: Biotechnology & Medical Research |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 177 E Colorado Blvd, Suite 700 PASADENA CA 91105 |
Tel: | 1-626-3043400 |
Website: | https://arrowheadpharma.com |
IR: | See website |
Key People | ||
Christopher Richard Anzalone President, Chief Executive Officer, Director | Kenneth Allen Myszkowski Chief Financial Officer | Patrick C. O'Brien Chief Operating Officer, General Counsel, Company Secretary |
James Hamilton Chief of Discovery and Translational Medicine | Tracie Oliver Chief Commercial Officer |
Business Overview |
Arrowhead Pharmaceuticals, Inc. develops medicines that treat intractable diseases by silencing the genes that cause them. The Company's therapies, using a broad portfolio of ribonucleic acid (RNA) chemistries and modes of delivery, trigger the RNA interference (RNAi) mechanism to induce rapid, deep and durable knockdown of target genes. The Company's Targeted RNAi Molecule (TRiMTM) platform utilizes ligand-mediated delivery and is designed to enable tissue-specific targeting while being structurally simple. It is focused on various therapeutic areas, such as cardiometabolic, pulmonary, liver, muscle and central nervous system. It has around 14 clinical-stage investigational medicines (nine wholly owned and five partnered), which range in development stage from Phase I to Phase III. The Company's pipeline products include Plozasiran, Zodasiran, Olpasiran, ARO-RAGE, ARO-MUC5AC, ARO-MMP7, GSK-4532990, Fazirsiran, JNJ-3989, HZN-457, ARO-C3, ARO-PNPLA3, ARO-DUX4 and ARO-SOD1. |
Financial Overview |
For the three months ended 31 December 2023, Arrowhead Pharmaceuticals Inc revenues decreased 94% to $3.6M. Net loss increased from $41.3M to $132.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Research and development - Balancing increase of 39% to $78M (expense), Labor & Related Expenses in R&D increase of 54% to $22.6M (expense). |
Employees: | 525 as of Sep 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,581M as of Dec 31, 2023 |
Annual revenue (TTM): | $181.74M as of Dec 31, 2023 |
EBITDA (TTM): | -$285.32M as of Dec 31, 2023 |
Net annual income (TTM): | -$296.81M as of Dec 31, 2023 |
Free cash flow (TTM): | -$402.70M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 123,896,914 as of Jan 31, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |