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Aurinia Pharmaceuticals Inc. (T:AUP)

Business Focus: Bio Therapeutic Drugs

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Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1203-4464 Markham St
VICTORIA BC V8Z 7X8
Tel: N/A
Website: https://www.auriniapharma.com
IR: See website
Key People
George M. Milne
Executive Chairman of the Board
Peter S. Greenleaf
Chief Executive Officer, Director
Dennis Bourgeault
Chief Financial Officer, Corporate Secretary
Michael R. Martin
Chief Operating Officer
Neil Solomons
Chief Marketing Officer
Celia Economides
Associate Vice President, Corporate Communications & Patient Advocacy
Robert B. Huizinga
Vice President - Clinical Affairs
Lawrence D. Mandt
Vice President - Regulatory and Quality
 
Business Overview
Aurinia Pharmaceuticals Inc. is a Canada-based clinical-stage biopharmaceutical company operating in the field of nephrology and autoimmunity. The Company's primary business is the development of a therapeutic drug to treat autoimmune diseases, in particular lupus nephritis (LN). It is focused on the development of its lead compound voclosporin, a therapeutic immunomodulating drug candidate, which is a second-generation calcineurin inhibitors (CNI) to treat patients afflicted with LN. Voclosporin is an oral drug, administered twice daily. It is structurally similar to cyclosporine A (CsA), but is chemically modified on the amino acid-1 residue. It has completed two Phase III clinical studies in patients with moderate to severe psoriasis. It has completed Phase IIb clinical trial, which is a randomized, controlled, double-blind study comparing the efficacy of voclosporin as a component of multi-targeted therapy against placebo in achieving remission in patients with active LN.
Financial Overview
For the fiscal year ended 31 December 2018, Aurinia Pharmaceuticals Inc revenues increased 10% to $463K. Net loss decreased 9% to $64.1M. Revenues reflect United States segment increase of 15% to $345K. Lower net loss reflects Gain/Loss on Derivatives - Hedging decrease of 58% to $10M (expense), Interest income increase from $1M to $2.2M (income). Basic Earnings per Share excluding Extraordinary Items increased from -$0.92 to -$0.76.
Employees: 39 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $631.58M as of Dec 31, 2018
Annual revenue (TTM): $0.62M as of Dec 31, 2018
EBITDA (TTM): -$73.31M as of Dec 31, 2018
Net annual income (TTM): -$86.11M as of Dec 31, 2018
Free cash flow (TTM): -$69.41M as of Dec 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 91,646,447 as of May 16, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization