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Last kr69.75 SEK
Change Today -0.25 / -0.36%
Volume 44.9K
ORX On Other Exchanges
As of 11:29 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

orexo ab (ORX) Snapshot

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01/29/15 - kr149.25
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orexo ab (ORX) Details

Orexo AB (publ)., a specialty pharmaceutical company, engages in the development and commercialization of drugs based on patented drug delivery technologies primarily in Sweden and the United States. The company’s product portfolio comprises products on the market, proprietary development programs, and collaboration projects. Its products on the market include Zubsolv sublingual tablets for maintenance treatment of opioid dependence; Abstral for the treatment of breakthrough pain in cancer patients; and Edluar, an active substance zolpidem and for the treatment of short-term insomnia. The company’s development programs comprise OX51, a sublingual formulation containing alfentanil, which has completed phase II study for the prevention of acute intense pain associated with care-related diagnostic or therapeutic procedures. Its collaboration projects consist of OX-MPI for the treatment of pain and inflammation through collaboration with Boehringer Ingelheim; OX-NLA for the treatment of allergic and non-allergic rhinitis through a partnership with Meda AB; and OX-CLI for the respiratory tract diseases through collaboration with AstraZeneca. Orexo AB (publ). was founded in 1995 and is headquartered in Uppsala, Sweden.

102 Employees
Last Reported Date: 04/23/15
Founded in 1995

orexo ab (ORX) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: kr4.1M
Compensation as of Fiscal Year 2014.

orexo ab (ORX) Key Developments

Orexo AB Receives U.S. Food and Drug Administration Approval of Medium Tablet Strength, 2.9 Mg/0.71 Mg, of ZUBSOLV

Orexo AB announced that it has received approval from the U.S. Food and Drug Administration of medium dosage strength of ZUBSOLV (buprenorphine/naloxone CIII sublingual tablet) for maintenance treatment of opioid dependence. The new dosage strength is 2.9 mg/0.71 mg buprenorphine/naloxone CIII sublingual tablets. The new 2.9 mg/0.71 mg dosage strength is expected to be launched during second half of 2015. The new dosage strength complements the existing strengths of 1.4 mg/0.36 mg, 5.7 mg/1.4 mg, 8.6 mg/2.1 mg and 11.4 mg/2.9 mg tablets and enables patients to receive their optimal dose in one tablet. The new strength is made with the advanced, proprietary sublingual tablet formulation in ZUBSOLV providing higher bioavailability, a fast dissolve time, small tablet size and menthol flavor. The advanced formulation provided by ZUBSOLV meets the needs expressed by patients, such as improved taste and fast dissolve time. Meeting patient needs may have the potential to improve patient compliance, thus reducing relapse rates and improving successful patient outcomes. ZUBSOLV is the only opioid dependence treatment option available in the high level of child resistant, unit dose, F1 packaging, designed to reduce the chance of unintended pediatric exposure.

Orexo AB Reports Group and Parent Earnings Results for the First Quarter Ended March 31, 2015

Orexo AB reported group and parent earnings results for the first quarter ended March 31, 2015. For the quarter, the group reported net revenues of SEK 149.0 million compared to SEK 101.9 million reported a year ago. Operating loss was SEK 8.1 million compared to SEK 16.2 million reported a year ago. LBITDA was SEK 5.1 million compared to SEK 13.7 million reported a year ago. Loss before tax was SEK 13.7 million compared to SEK 20.1 million reported a year ago. Loss after tax was SEK 15.5 million or SEK 0.45 per diluted share compared to SEK 21.1 million or SEK 0.66 per diluted share reported a year ago. Cash flow from operations was SEK 6.5 million compared to cash out flow from operations was SEK 99.7 million reported a year ago. Return on equity was a negative of 3% compared to 15% reported a year ago. Net debt was a negative of SEK 206.8 million Gross investments in tangible and intangible fixed assets amounted to SEK 1.0 million compared to SEK 40.6 million reported a year ago. For the quarter, the parent company reported net revenues of SEK 122.5 million compared to SEK 62.9 million reported a year ago. Operating loss was SEK 3.3 million compared to SEK 20.5 million reported a year ago. Loss before tax was SEK 8.7 million compared to SEK 24.3 million reported a year ago. Loss after financial items was SEK 8.8 million compared to SEK 24.3 million reported a year ago. Investments amounted to SEK 1.0 million compared to SEK 40.4 million reported a year ago.

Orexo AB Announces New 24-Week Clinical Study Results

Orexo AB announced data from a 24-week clinical trial assessing the long-term safety and efficacy of Zubsolv® (buprenorphine/naloxone) sublingual tablet (CIII) for the maintenance treatment of opioid dependence. The results establish that Zubsolv is effective, well tolerated and demonstrated a safety profile consistent with the product labeling for sublingual buprenorphine products. In addition less than 1% of the patients exited the study due to treatment failure, which further underpins the medical value of Zubsolv. The results also demonstrated an increase of 15% in employment by the patients participating in the study, which further strengthen the evidence of the value of effective treatment of opioid dependence for the society.


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