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Redhill Biopharma | 6-K: Report of foreign private issuer (related to financial reporting)

Redhill Biopharma | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

Redhill Biopharma | 6-K:外国发行人报告
美股SEC公告 ·  04/08 21:32

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RedHill Biopharma Ltd., a specialty biopharmaceutical company, announced its full-year financial results for 2023, highlighting a significant turnaround from the previous year's losses. The company reported a net income of $23.9 million for the year ended December 31, 2023, compared to a net loss of $71.7 million in the previous year. This improvement was largely due to the divestiture of Movantik and ongoing cost-reduction measures. RedHill's revenue for 2023 was $6.5 million, a decrease from $61.8 million in 2022, primarily due to the divestiture of Movantik. The company's R&D efforts are focused on opaganib and RHB-107, both in advanced clinical development for multiple indications including COVID-19 and Ebola, with U.S. government funding supporting their progression. RedHill also reported a cash balance of $6.5 million as of December 31, 2023. The company is actively pursuing strategic business transactions, including potential divestment of certain assets and/or commercial operations. CEO Dror Ben-Asher emphasized the company's transformation and clear direction, with a focus on U.S. government-funded pipeline development in underserved therapeutic areas.
RedHill Biopharma Ltd., a specialty biopharmaceutical company, announced its full-year financial results for 2023, highlighting a significant turnaround from the previous year's losses. The company reported a net income of $23.9 million for the year ended December 31, 2023, compared to a net loss of $71.7 million in the previous year. This improvement was largely due to the divestiture of Movantik and ongoing cost-reduction measures. RedHill's revenue for 2023 was $6.5 million, a decrease from $61.8 million in 2022, primarily due to the divestiture of Movantik. The company's R&D efforts are focused on opaganib and RHB-107, both in advanced clinical development for multiple indications including COVID-19 and Ebola, with U.S. government funding supporting their progression. RedHill also reported a cash balance of $6.5 million as of December 31, 2023. The company is actively pursuing strategic business transactions, including potential divestment of certain assets and/or commercial operations. CEO Dror Ben-Asher emphasized the company's transformation and clear direction, with a focus on U.S. government-funded pipeline development in underserved therapeutic areas.
专业生物制药公司RedHill Biopharma Ltd. 公布了其2023年全年财务业绩,突显了与去年亏损相比的重大转机。该公司报告称,截至2023年12月31日的年度净收入为2390万美元,而上一年的净亏损为7,170万美元。这种改善主要归因于Movantik的剥离和持续的成本削减措施。红山2023年的收入为650万美元,较2022年的6180万美元有所减少,这主要是由于剥离了Movantik。该公司的研发工作侧重于奥帕加尼布和 RHB-107,两者均用于包括 COVID-19 和埃博拉在内的多种适应症的高级临床开发,美国政府的资助支持其进展。RedHill还报告称,截至2023年12月31日,现金余额为650万美元。该公司正在积极进行战略业务交易,包括可能撤资某些资产和/或商业业务。首席执行官德罗尔·本·阿舍尔强调了公司的转型和明确的方向,重点是美国政府资助的服务不足的治疗领域的管道开发。
专业生物制药公司RedHill Biopharma Ltd. 公布了其2023年全年财务业绩,突显了与去年亏损相比的重大转机。该公司报告称,截至2023年12月31日的年度净收入为2390万美元,而上一年的净亏损为7,170万美元。这种改善主要归因于Movantik的剥离和持续的成本削减措施。红山2023年的收入为650万美元,较2022年的6180万美元有所减少,这主要是由于剥离了Movantik。该公司的研发工作侧重于奥帕加尼布和 RHB-107,两者均用于包括 COVID-19 和埃博拉在内的多种适应症的高级临床开发,美国政府的资助支持其进展。RedHill还报告称,截至2023年12月31日,现金余额为650万美元。该公司正在积极进行战略业务交易,包括可能撤资某些资产和/或商业业务。首席执行官德罗尔·本·阿舍尔强调了公司的转型和明确的方向,重点是美国政府资助的服务不足的治疗领域的管道开发。
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