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ANI Pharmaceuticals Inc

ANI Pharmaceuticals Inc (ANIP)

59.56
0.21
(0.35%)
At close: January 30 3:00PM
59.56
-0.05
( -0.08% )
After Hours: 3:22PM

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ANIP News

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ANIP Discussion

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Just the facts maam Just the facts maam 28 minutes ago
The last FDA approval posted on their site is from January 22, 2025. As a rule the FDA try to post the day after an approval. Is this one of the impacts of Trump's broad actions? If so, we are in the dark as we await a decisions on two NDAs. It is bad enough that ANIP is withholding info on Tezruly, and the other NDAs. This could make it even easier for them to hold back info.

Approvals
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big bambino big bambino 15 hours ago
Can someone advise me on a situation of a stock I own. Tried speaking with Merrill and only came away more confused. I have shares in GNS @ $.56. now my portfolio shows GNSRT @$.078.

Genius Files Rights Offering to Fund Bitcoin Purchases
January 22, 2025
12:35 PM ETPublished January 22, 2025 12:35 PM Eastern Time
MT Newswires

12:35 PM EST, 01/22/2025 (MT Newswires) -- Genius Group (GNS) said Wednesday it filed a registration statement for up to 90 million subscription rights and an equal amount of shares issuable on the exercise of the rights.

The company said it will distribute one transferable right to buy a share for $0.50 apiece against each ordinary share held to shareholders at no charge.

Net proceeds will be used to buy Bitcoin for the company's Bitcoin Treasury, Genius Group said.

The rights offering expires on Feb. 14, unless extended, according to the company.

Shares of Genius Group were down nearly 6% in recent trading.

Price: 0.64, Change: -0.04, Percent Change: -5.88

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

Does this mean I can purchase an additional 19,000 @.50, or cash in the additional shares for .068. Is this correct. Would appreciate any guidance as this is 10x's over my pay grade🤣
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Just the facts maam Just the facts maam 1 week ago
Transactions like Millennium acquiring 561,251 shares at $54.16 on January 14, 2025 is what keeps ANIP's PPS artificially low. Imagine what PPS would have climbed to had it been open market buys. They now own 5.2% of ANIP.

Millennium acquisition of shares

I expect other's are also trying to get in.
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Just the facts maam Just the facts maam 2 weeks ago
Checking over ANIP's corporate presentation, I see that they project Acth therapy (Corti and Acthar HP) to increase by $127 to $131 million in 2024 . Looks like ANIP captured approx.67% of the increase. Even better is that Lalwani stated that they have figured out the process to get the drug to those who may benefit most from it.
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silvr_surfr silvr_surfr 2 weeks ago
Wow, I did not realize he was the former President/\Chairman of the Board for Endo/Par. It is hard to believe all of the high fives were referencing the quarterly results. Something "great", "amazing", and "awesome" happened at the conference. Wonder how long we will have to wait to find out.
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Just the facts maam Just the facts maam 2 weeks ago
Thanks Silvr, Campinelli obviously has close ties to Samy and Stephen Carey from their time at PAR. Looking at his bio on the Bourne Partners, ANIP is somewhat mirroring his growth strategy for PAR, except it is going beyond generics. A company that was acquired for $1.2 Billion and with a few smaller acquisitions sold for $8.2 billion three year later. TPG who owned PAR made 6.5 X their initial investment in the deal.

Paulโ€™s leadership drove the company to significantly increased total revenue. During his tenure, Par and Endo acquired Michigan-based JHP Pharmaceuticals, established a business office in London to serve as Parโ€™s entry point into the European generics market, and completed its acquisition of an active pharmaceutical ingredients (API) facility located in Chennai, India. Paul also shaped the companyโ€™s strategic focus on organic growth through investments in hard-to-produce generic assets and technologies, a highly specialized branded business, and a concentration on differentiated and intelligent product selection.

I still think any finalization on a deal will be contingent on an FDA approval for testosterone. A PDUFA update sure would be nice.
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silvr_surfr silvr_surfr 2 weeks ago
Here's a brand new article from Dr. Susan Davis. She is highlighting other benefits of testosterone besides hsdd:

Not Just Sex:

Only the abstract is available. I believe her articles to date have emphasized that testosterone is only to be used for hdd following the published menopause guidelines. Is this a change for her? Regardless, it helps our cause.
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silvr_surfr silvr_surfr 2 weeks ago
Thanks for finding this JTFM. They were telling us the truth, but their meetings were obviously not in public.

I looked at who commented on Nikhil's post and there are some very fascinating connections:

Kurt Nielsen is the President of Pharmaceuticals International, LLC. When you search his name with testosterone you find that his company makes testosterone cypionate injection for Wilshire Pharmaceuticals

PII Testosterone

Paul Campinelli - Bourne Partners. I have already spoken about the link between our company and this.

Mario DI Giacomo - President Steroids and Highly Potent Products BU at Axplora and Managing Director Farmabios SpA. They are an API supplier of testosterone.

Perhaps the gang got together to finalize the testosterone deal, There was a congratulations from the Bourne partner so that might mean that the deal was made.
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Just the facts maam Just the facts maam 2 weeks ago
Thanks BB.
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Just the facts maam Just the facts maam 2 weeks ago
Thanks Silvr, Lalwani made a post on Linkedin about the JPM conference. Looks like Chad Gassert also attended. They may have been on a business development trip.

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silvr_surfr silvr_surfr 2 weeks ago
Thanks big bambino, Patrick Walsh is a busy guy.
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big bambino big bambino 2 weeks ago
A news story "Alcami Announces CEO Transition" for ANIP from PR Newswire was triggered at 1/13/2025 11:12 AM.
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silvr_surfr silvr_surfr 2 weeks ago
Thanks for the updates JTFM. I was not available to listen this time. A team-building shopping trip is a good explanation as any for them first saying the business development guy would be there, then just Mary Pao and then neither of them shows up.

Here is a favorable article from Zachs. They sure bounce around, but it is a good read for anyone having any doubts about our future, even without all of the hidden assets we have been discussing.

Zachs Research on ANIP
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Just the facts maam Just the facts maam 2 weeks ago
So Mary Pao was not at JP Morgan to present. Maybe she was there as part of company shopping/partnering trip.
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Just the facts maam Just the facts maam 2 weeks ago
Listened to JP Morgan presentation. No mention of Tezruly or other NDAs.

They want to send the message that hey are now and will be predominantly a rare disease company with support from a complex generic business.

It almost looks like they will sell or out licence the NDAs and use the funds to finance rare disease growth. I am ok with this but why the secrecy.

Unlike other CEO's lalwani will not give peak sales estimates but speaks patient numbers that can possibly benefit from Corti. Good to hear that acute gouty arthritis has an addressable patient population of 300,000. This iworks out to an addressable market of over $2 billion. How much of the addressable market ANIP can capture remains to be seen, but even 10% is $200 million in sales for the one indication.

Maybe we find out more this week.

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Roddy4 Roddy4 2 weeks ago
Me neither
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Brusselsspirit Brusselsspirit 2 weeks ago
Truist maintains a Hold rating. Never seen such a strange context for a stock...
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Just the facts maam Just the facts maam 2 weeks ago
Forbes article "Three Under-The-Radar Growth Stocks Poised To Double In 2025" list ANIP as on of the three stocks. I commented giving info regarding Tezruly and the other two NDA's not factored into ANIP current revenue estimates for 2025.

Article

Hopefully, Forbes will help get ANIP some traction.

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Just the facts maam Just the facts maam 2 weeks ago
I agree the numbers look strong and Lalwani once again left lots on the table. He has to be bound by some type of disclosure restrictions. If there is deal to be announced at the JPM Conference it would be by the larger partner. AbbVie does not present until the 15th. I have also seen deals announced a week or two after the conference, to avoid competing with all the other pharma news.

I did like seeing 14% growth in Corti revenue over Q3 almost $60 million in Q4.

Hopefully, some has done their homework and ask Lalwani for an update on Tezruly and the other two NDAs. If Lalwani repeats the following, as he did to Oren Linvat of H.C. Wainwright:

"So, Oren, on the 505B2s, we will share more when we have meaningful updates to give. But there's no linkage between the litigation spend and the launch of 505B2 products. But we will share updates on that when there are material. "

Hopefully, they follow up with:

What do you mean by meaningful? And when can we expect a meaningful update?.
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silvr_surfr silvr_surfr 2 weeks ago
Thanks JTFM. Looks like we won't be getting a deal announcement. It is strange that they are essentially communicating Q4 results. The numbers look very strong so hopefully we see the stock price react accordingly and get far way from this 52 week low.

I suspect Mary Pao's presentation will focus on the "research" areas called out in the deck and will not be talking about testosterone. This company is such the mystery given they are silent on so many things. I guess we will have to read the 10Q to see if it provides any info. Our share price has suffered ever since the shorts took their 2M position. Hopefully, we get some news that will put them on their heels. Perhaps we saw some covering today given the high volume.
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Just the facts maam Just the facts maam 2 weeks ago
ANIP posted their presentation for the JP Morgan Healthcare Conference. No mention of Tezruly or other NDA's.

They must be selling or out-licencing them. Leaving it to to buyer to make announcement(s).

If ANIP is intending on marketing Tezruly, their strategy sure questions their motto "Serving Patients, Improving Lives".

Presentation
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big bambino big bambino 2 weeks ago
--Alcami Corporation, a leading contract development and manufacturing organization, today announced the resignation of Bill Humphries. In addition to his duties at Alcami, he currently serves as Chairman of ANI Pharmaceuticals, Inc., Chairman of MedPharm, and is an Operating Partner at Ampersand Capital Partners. Alcami's private equity ownership includes.
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Roddy4 Roddy4 2 weeks ago
Can anybody explain why every time the announce results that apparently seems good , SP declines 2/3%?
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Roddy4 Roddy4 2 weeks ago
Can anybody explain why every time the announce results that apparently seems good , SP declines 2/3%?
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Just the facts maam Just the facts maam 3 weeks ago
Thanks Silvr.
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Just the facts maam Just the facts maam 3 weeks ago
Thanks Silvr, hard to say how it will play out. There are reasons to settle out for both, but good reasons not to settle.

I would not be surprised if CGON screwed up in some of their out-licensing deals and lowered their royalty rate to the point where all the royalty money they receive would go to ANIP. I doubt they included ANIP in the licencing agreement.

If they are being bought out, they will buyout ANIP's stake in the drug. If not. I think they eventually go back to the terms of the agreement and pay ANIP's legal fees. This way, in the event that the FDA does not approve the drug, they have not thrown away their money.
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silvr_surfr silvr_surfr 3 weeks ago
I follow the progress of our "Pill Plus". It is a mystery here too since the reporting on the European Union clinical trial is not clear and Pantarhei Biosciences appears to have closed its doors. Here is a very recent paper highlighting the negative impact the standard hormonal contraceptives have on several bone metabolism markers:

COC Impact on Bone Metabolism Markers

If there is a deal in the works, it will be interesting to see if our rights to this product are included. Pantarhei Biosciences closing suggests that it will.
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silvr_surfr silvr_surfr 3 weeks ago
We are deposing CGON again later this month on the 23rd. My guess is that this will be to address items uncovered during discovery. Good to see the pressure being kept on.

This also suggests that a settlement has not occurred. CGON did the offering so there is more than $200M available. Wonder if we said no. Regardless, it seems bullish that we are back in front of them with hopefully some meaty discovery findings.
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Just the facts maam Just the facts maam 3 weeks ago
Interesting, Silvr.
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Just the facts maam Just the facts maam 3 weeks ago
Thanks Silvr, this would make diagnosing low testosterone much more efficient.
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silvr_surfr silvr_surfr 3 weeks ago
Revvity is the renamed Perkin Elmer company after they spun out part of it to focus on diagnostics. Interestingly, Ampersand Capital (Patrick Walsh) sold one of their portfolio companies to Perkin Elmer in 2021.Is this just a coincidence or part of a larger strategic plan?

The razor/blade strategy fits here since you sell the product (the razor) and then you also sell the upfront and ongoing tests to maintain the product's use.
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silvr_surfr silvr_surfr 3 weeks ago
Sorry, could not resist. Here may be another piece of the puzzle - the first FDA approved automated test for free testosterone. The testing range and indications appear appropriate for women which has been an issue up to this point.

Revvity Automated Free Testosterone Test

This could also have been one of the things that "they" have been waiting for. Doctors will need these tests run to prescribe the product. It also looks like a more practical alternative to the liquid chromatography/mass spec currently recommended.. The automation should also reduce the costs.
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silvr_surfr silvr_surfr 3 weeks ago
Most interesting JTFM. I would think "they" would need to have patent protection in place before launching. Perhaps this has been one of the reasons for the delay. Your finding adds to the intrigue. It would make sense to hold back publication of a granted patent until the whole deal is communicated. What a strong patent if they are able to incorporate ten years of clinical data in it.

I sure hope the curtain is pulled back on the 14th.
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Just the facts maam Just the facts maam 3 weeks ago
Silvr, something interesting regarding patent application # 13/135,999.

It had a child. patent application # 15/288,511, which has never been published. It was filed 10/07/2016 and was subsequently abandoned. When I query # 15/288,511 this is the response I get.

Sorry, the entered Application Number '15/288,511' is not available. The number may have been incorrectly typed, or assigned to an application that is not yet available for public inspection.

Preserving certain trade secret, proprietary, and protective order materials qualify as reasons to not publish patent applications.

It makes me wonder if they had a court order protecting this application from being published, as it would expose a partnership. Could it have mirrored patent application # 15/331360 titled "Methods for treating Female Sexual Dysfunction while decreasing cardiovascular risk", where the data would exposed a partnership. It could have been abandoned for the same reason. The reviewer wanted the CV reduction claims and the Breast Cancer reduction claims in separate applications as each are assigned to separate divisions for review.

If the above is true, then ANIP reacquiring rights to the patent application approximately one month after the certification request to delay submitting trial results seems well orchestrated.

I imagine ANIP will be become more transparent from the 14th onward. Especially when the partnered drug is approved.
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silvr_surfr silvr_surfr 3 weeks ago
I took a spin through all of the ANIP patents to see if there have been any changes - nope. I did notice something I have not before and maybe you already called this out JTFM. For the key cardiovascular patent for testosterone (2012002033A1), it was originally assigned to the ANI Pharmaceuticals entity and, after being used as collateral, came back with the ANIP Acquisition company added as an assignee as of 11/24/21 (see below). Interestingly, this is just a couple of days after the Novitium acquisition closed.

Application US13/135,999 events

(2011-07-20) - Application filed by Biosante Pharmaceuticals Inc
(2011-07-20) - Priority to US13/135,999
(2011-08-29) - Assigned to BIOSANTE PHARMACEUTICALS, INC.
(2012-01-26) - Publication of US20120022033A1
(2013-12-16) - Assigned to ANI PHARMACEUTICALS, INC.
(2016-05-13) - Assigned to CITIZENS BUSINESS CAPITAL, A DIVISION OF CITIZENS ASSET FINANCE, INC., AS AGENT
(2017-12-29) - Assigned to CITIZENS BANK, N.A., AS ADMINISTRATIVE AGENT
(2021-11-24) - Assigned to ANI PHARMACEUTICALS, INC., ANIP ACQUISITION COMPANY

Isn't this where it would get parked for any potential deal? We know there was an army of lawyers involved in the Novitium acquisition so this could be one of the outcomes. I think it is the only patent (across the 48 records in Google Patents), that is assigned to this entity. Can't help myself. Trying to solve the mystery ahead of the 14th.
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silvr_surfr silvr_surfr 3 weeks ago
Thank you JTFM. Hopefully, medical benefits of testosterone for women is part of Mary Pao's discussion on the 14th. Probably not.
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Just the facts maam Just the facts maam 3 weeks ago
Another reason begging for an approved female testosterone drug

Correlation between low testosterone levels and the risk of osteoarthritis: a cross-sectional analysis of NHANES data (2011โ€“2016)

Conclusion

Low testosterone levels are independently associated with an increased risk of OA in the U.S. population. These findings underscore the potential role of hormonal health in OA pathogenesis and highlight the need for longitudinal studies to clarify causal pathways. The observed non-linear relationship suggests that maintaining optimal testosterone levels may be important for joint health, and testosterone replacement therapy could be explored as a preventative strategy for individuals with testosterone deficiency.
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Just the facts maam Just the facts maam 3 weeks ago
Correction: ANIP appears to be using NCD code # 70954-592-10 for Tezruly. However, when searching Tezruly or this code in the NCD directory it does not produce a result.
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Just the facts maam Just the facts maam 3 weeks ago
I agree, hopefully the cat and mouse game with investors will come to an end on the 14th.

I noticed that there is no National Drug Code for Tezruly. I believe if ANIP were going to launch Tezruly, they would have already obtained a NDC Id # which would identify the manufacturer and distributor. Whether it is sold, out-licenced, launched by a newly formed joint venture, or an ANIP spin-off remains to be seen.

We know they have Tezruly in their back pocket. Updates on NDAs would be great. However, the biggest news next week could be announcing a big pharma partner, with the partner taking the vacant position on the BOD.




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silvr_surfr silvr_surfr 3 weeks ago
When I look at the ANI website again, it looks like the "Product" button has two functions. If you click it, you get the full product list. If you hover over it, you get a drop down for the new medical information page. I don't know if this was changed or I just did not see this the first time. Not sure a spin out is in the cards or not. January 14 can't come soon enough.
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Just the facts maam Just the facts maam 3 weeks ago
Easka, as I understand it, as long as it is treated as a dividend, shareholder approval is not required .

A spin-off is a stock dividend paid by a firm to its current shareholders consisting of shares in an existing or newly created subsidiary. No shareholder approval is required because only the board of directors may decide the amount, type, and timing of dividends. Such distributions are made in direct proportion to the shareholdersโ€™ current holdings of the parentโ€™s stock. As such, the proportional ownership of shares in the subsidiary is the same as the stockholdersโ€™ proportional ownership of shares in the parent firm. The new entity has its own management and operates independent of the parent company. Unlike the divestiture or equity carve-out (explained later in this chapter), the spin-off does not result in a cash infusion to the parent. After the spin-off, shareholders own both parent company shares and shares in the unit involved in the spin-off.

Spin Off

Basically we would get one share of the new company for each share of ANIP. Market's would dictate ill dictate what the value would be of each company. The ANIP shares would go down in value but we would gain shares in the new company. Abbott Labs spun off AbbVie in 2013 and both were priced at around $33, down from around $66 for Abbott prior to the spin-off. They have each paid quarterly dividends as PPS grew substantially. I guess we will soon see what ANIP is up to.
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Easka Easka 3 weeks ago
JTFM "spinning off the Company as dividend" Are you thinking they would spin off generics and established brands as a separate company, or a direct sale to another company. Selling the generics to another company was what I was thinking, based on their recent actions and the last conference. Are you sure about no shareholder approval required for a spin-off?
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Just the facts maam Just the facts maam 3 weeks ago
Silvr, selling part of the company would require shareholder approval. However, a spinning-off the company as a dividend does not appear to require shareholder approval. This could be done quickly.
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Just the facts maam Just the facts maam 4 weeks ago
Thanks Silvr, A spinoff or sale is very possible. I guess we will find out over the next 8 days.
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silvr_surfr silvr_surfr 4 weeks ago
Here is a direct link to the new medical info page

New Product Page
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silvr_surfr silvr_surfr 4 weeks ago
Thanks JTFM. So here's something strange. When I go to the ANIP website, the product section has changed. It is now geared towards medical professionals only and, importantly, only lists the three rare disease products. Is this a tip of the hand which means the surviving ANIP entity will be.a rare disease only company and the remainder of the company goes somewhere else?

New Website Home Page


It is strange since you get different versions of the home page. If you don't see the different products section in the link above, click in the ani logo on the upper left and then open the products section. Given the oddity of this, it cannot be accidental. It also means they must be close to doing something since they appear to be getting the new website teed up.
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Just the facts maam Just the facts maam 4 weeks ago
Only 4 trading days before JP Morgan Healthcare conference starts and 5 days before ANIP presents.

The waiting should be over soon.
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silvr_surfr silvr_surfr 4 weeks ago
That would be awesome and I can see payers doing that.
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Just the facts maam Just the facts maam 4 weeks ago
Looks like Sandoz can launch a generic Lizness in 2030.
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Just the facts maam Just the facts maam 4 weeks ago
Silvr, I noted that United Health had all three covered with prior authorization. As the only generic, and a reduced price, I wonder if the prior authorization will be removed, or at the very least I see it being the first drug tried before authorizing the any of the others, at least for CIC.

United Health Coverage


Regarding CG Oncology litigation, I wonder if that was suggested by RABINOWITZ.
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