Arrowhead Pharmaceuticals Inc (OQ:ARWR)

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
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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

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