Oramed Pharmaceuticals Inc - Company Profile
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Oramed Pharmaceuticals Inc (Oramed) is a pre-clinical pharmaceutical company engaged in the research and development of pharmaceutical solutions. The company is developing products that include an oral insulin capsule for diabetes treatment and orally ingestible capsules for the delivery of other polypeptides. It developed a 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 | Brands |
---|---|
Pipeline | POD (Protein Oral Delivery) Technology |
ORMD 0801 (Oral Insulin Capsule): Type 1 Diabetes, Type 2 Diabetes | |
ORMD 0901 (Oral GLP-1 Analog) |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In January, the company's subsidiary Oramed Ltd entered into a joint venture agreement with Hefei Tianhui (HTIT) Biotech and Technowl Limited, to advance oral drug products. |
2023 | Contracts/Agreements | In December, the company entered into an agreement with PeriTech Pharma Ltd for the delivery of topical/dermatological 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. |
Competitor Comparison
Key Parameters | Oramed Pharmaceuticals Inc | AbbVie Inc | Biocon Ltd | Halozyme Therapeutics Inc | Ionis Pharmaceuticals Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | India | United States of America | United States of America |
City | New York | North Chicago | Bangalore | San Diego | Carlsbad |
State/Province | New York | Illinois | Karnataka | California | California |
No. of Employees | 15 | 50,000 | 3,408 | 373 | 927 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Nadav Kidron | Chief Executive Officer; Director; Chairman; President | Executive Board | 2022 | 49 |
Miriam Kidron, Ph.D. | Director; Chief Scientific Officer | Executive Board | 2006 | 83 |
David Silberman | Treasurer; Chief Financial Officer | Senior Management | 2021 | 40 |
Joshua Hexter | Chief Operating Officer; Chief Business Officer | Senior Management | 2019 | 53 |
Benjamin Shapiro | Director | Non Executive Board | 2023 | 40 |
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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