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ANI Pharmaceuticals, Inc. Completes Acquisition of Alimera Sciences
GlobeNewswire News Room· 2024-09-16 12:53
Strengthens Rare Disease segment as largest driver of future growth, adding approximately $105 million in 2024 revenue on a pro forma basisAdds two durable commercial assets ILUVIEN® and YUTIQ® with significant growth potential, expanding ANI’s foothold in strategic therapeutic area of ophthalmologyAnticipated to drive high single-digit to low double-digit accretion in adjusted non-GAAP EPS in 2025 and to be substantially accretive thereafterNew capital structure in place, reducing interest expense by appro ...
ANI Pharmaceuticals Initiates Closing of Acquisition of Alimera Sciences
GlobeNewswire News Room· 2024-09-16 10:50
PRINCETON, N.J., Sept. 16, 2024 (GLOBE NEWSWIRE) -- ANI Pharmaceuticals, Inc. (Nasdaq: ANIP) (“ANI” or the “Company”) announced today that the Company has initiated closing logistics for the previously announced acquisition of Alimera Sciences, Inc. (Nasdaq: ALIM). The Company expects closing of the acquisition of Alimera Sciences to be consummated and announced today, pending satisfaction or waiver of any remaining customary closing conditions. About ANI Pharmaceuticals, Inc. ANI Pharmaceuticals, Inc. (Nas ...
Alimera Sciences (ALIM) Soars 6.6%: Is Further Upside Left in the Stock?
ZACKS· 2024-09-12 13:30
Alimera Sciences (ALIM) shares ended the last trading session 6.6% higher at $5.53. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 7.3% loss over the past four weeks.The stock rallied after the company, along with ANI Pharmaceuticals, announced the scheduled closure of their previously announced merger agreement on Sept. 16. 2024. Per the deal, Alimera is set to be acquired by ANI Pharmaceuticals.This eye drug dev ...
ANI Pharmaceuticals Provides Update on Closing of Acquisition of Alimera Sciences
GlobeNewswire News Room· 2024-09-10 18:09
PRINCETON, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) -- ANI Pharmaceuticals, Inc. (“ANI” or “the Company”) (Nasdaq: ANIP) today provided an update on the status of the completion of its previously announced acquisition of Alimera Sciences, Inc. (“Alimera”) (Nasdaq: ALIM). We note the Alimera press release issued today. The Company continues to work in good faith toward closing of the acquisition. Any delay is a result of discussions regarding closing conditions, which the Company expects to resolve promptly. Ab ...
Alimera Sciences(ALIM) - 2024 Q2 - Quarterly Report
2024-08-07 20:08
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-34703 Alimera Sciences, Inc. (Exact name of registrant as specified in its charter) Delaware 20-0028718 (State ...
Alimera Sciences (ALIM) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-06 13:40
Alimera Sciences (ALIM) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this eye drug developer would post a loss of $0.04 per share when it actually produced a loss of $0.12, delivering a surprise of -200%.Over the last four quarters, the company ha ...
Alimera Sciences(ALIM) - 2024 Q2 - Quarterly Results
2024-08-06 13:28
Exhibit 99.1 FOR IMMEDIATE RELEASE Alimera Sciences Reports Second Quarter 2024 Results ● Net Revenue up 54% to $27 Million vs. Q2 2023 ● Global End User Demand Up 6% vs. Q2 2023 ● Company Recently Announced Definitive Merger Agreement with ANI Pharmaceuticals Inc. ATLANTA, August 6, 2024 -- Alimera Sciences, Inc. (Nasdaq: ALIM) ("Alimera"), a global pharmaceutical company whose mission is to be invaluable to patients, physicians and partners concerned with retinal health and maintaining better vision longe ...
Alimera Sciences Reports Second Quarter 2024 Results
GlobeNewswire News Room· 2024-08-06 11:30
Net Revenue up 54% to $27 Million vs. Q2 2023Global End User Demand up 6% vs. Q2 2023Company Recently Announced Definitive Merger Agreement with ANI Pharmaceuticals, Inc. ATLANTA, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Alimera Sciences, Inc. (Nasdaq: ALIM) (“Alimera”), a global pharmaceutical company whose mission is to be invaluable to patients, physicians and partners concerned with retinal health and maintaining better vision longer, today announced financial results for the second quarter of 2024. Alimera wi ...
ALIM ALERT: The M&A Class Action Firm Investigates Merger of The Alimera Sciences, Inc.
GlobeNewswire News Room· 2024-07-27 17:00
New York, July 27, 2024 (GLOBE NEWSWIRE) -- NEW YORK, July 27, 2024 / GlobeNewswire/-- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Alimera Sciences, Inc. (Nasdaq: ALIM), relating to its proposed merger with ANI Pharmaceuticals, Inc. Under the terms of the agreement, Alimera ...
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of The Alimera Sciences, Inc. - ALIM
Prnewswire· 2024-07-02 22:35
NEW YORK, July 2, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Alimera Sciences, Inc. (Nasdaq: ALIM), relating to its proposed merger with ANI Pharmaceuticals, Inc. Under the terms of the agreement, Alimera Sciences shareholders will receive $5.50 per sha ...