January 20, 2017 2:47 PM ET

Biotechnology

Company Overview of Assurex Health, Inc.

Company Overview

Assurex Health, Inc. operates as a personalized medicine company that specializes in pharmacogenomics. The company offers psychotropic, analgesic, and ADHD tests that analyze how genes affect the way the body responds to FDA-approved medicines; and a methylenetetrahydrofolate reductase test that analyzes a gene to help predict how the body converts folic acid into its active form. It helps healthcare providers to get the genetic information they need to determine genetically appropriate medications for individual patients suffering from neuropsychiatric and other medical conditions. The company was founded in 2006 and is based in the Mason, Ohio.

6030 South Mason-Montgomery Road

Mason, OH 45040

United States

Founded in 2006

Phone:

513-234-0510

Fax:

513-492-7946

Key Executives for Assurex Health, Inc.

Chief Executive Officer, President and Director
Age: 53
Executive Chairman
Age: 69
Chief Financial Officer and Senior Vice President
Age: 46
Vice President of Operations
Chief Sales & Business Development Officer and Senior Vice President
Age: 48
Compensation as of Fiscal Year 2016.

Assurex Health, Inc. Key Developments

Don Wright Leaves the Assurex as Executive Vice President and Chief Operating Officer

Assurex co-founder Don Wright left the company Dec. 9. Wright, who was executive vice president and chief operating officer, decided to leave the company to pursue other interests.

Assurex Health, Inc. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016

Assurex Health, Inc. reported unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported net revenue of $37,029,000 against $25,637,000 a year ago. Operating loss was $22,307,000 against $12,332,000 a year ago. Loss before income taxes was $22,976,000 against $17,518,000 a year ago. Net loss attributable to the company shareholders was $22,906,000 against $17,087,000 a year ago. Net cash used in operating activities was $19,865,000 against $11,448,000 a year ago. Purchase of fixed assets and internally developed software was $413,000 against $1,229,000 a year ago.

AssureRx Health, Inc., Myriad Genetics, Inc. - M&A Call

To discuss Myriad’s acquisition of Assurex Health

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Recent Private Companies Transactions

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Date
Target
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