Oramed Pharmaceuticals Inc - Company Profile
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Oramed Pharmaceuticals Inc (Oramed) is a pre-clinical pharmaceutical company that carries out research and development of novel pharmaceutical solutions, comprising an oral insulin capsule used for the treatment of people with diabetes and orally ingestible capsules for delivery of other polypeptides. It developed a novel proprietary platform technology, protein oral delivery (POD) to transform injectable treatments into oral therapies. The technology allows for the oral delivery of drugs and is administered only by injection. Its pipeline products are intended for the treatment of type 1 and type 2 diabetes. The company also focuses on the development of combination therapy of insulin and GLP-1 analogs for the management of type 2 diabetes. Oramed is headquartered in New York City, New York, the US.
Oramed Pharmaceuticals Inc premium industry data and analytics
Products and Services
Products |
---|
Pipeline |
ORMD 0801 (Oral Insulin Capsule): |
Type 1 Diabetes |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In August, the company and Hefei Tianhui Biotech entered into an agreement to form a joint venture to advance oral drug products. |
2023 | Patent Grant | In January, the company was awarded U.S. combination therapy patent for GLP-1 and insulin for the treatment of diabetes. |
2022 | Contracts/Agreements | In November, the company entered into an agreement with Medicox Co to distribute oral insulin candidate (ORMD-0801) for ten years in the Republic of Korea. |
Competitor Comparison
Key Parameters | Oramed Pharmaceuticals Inc | AbbVie Inc | Novo Nordisk AS | Biocon Ltd | Halozyme Therapeutics Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | Denmark | India | United States of America |
City | New York | North Chicago | Bagsvaerd | Bangalore | San Diego |
State/Province | New York | Illinois | - | Karnataka | California |
No. of Employees | 15 | 50,000 | 63,370 | 3,408 | 373 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Kevin Rakin | Chairman | Executive Board | 2016 | 61 |
Nadav Kidron | Chief Executive Officer; Director; President | Executive Board | 2006 | 48 |
Miriam Kidron, Ph.D. | Chief Scientific Officer; Director | Executive Board | 2006 | 82 |
David Silberman | Chief Financial Officer; Treasurer | Senior Management | 2021 | 39 |
Netanel Derovan | Secretary; Chief Legal Officer | Senior Management | 2022 | 48 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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