Workflow
Kamada .(KMDA)
icon
Search documents
Kamada .(KMDA) - 2020 Q4 - Annual Report
2021-02-24 12:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...
Kamada .(KMDA) - 2020 Q4 - Earnings Call Transcript
2021-02-11 03:36
Financial Data and Key Metrics Changes - For the full year 2020, total revenues were $133.2 million, a 5% increase from $127.2 million in 2019, aligning with guidance of $132 million to $137 million [6][20] - Gross profit for Q4 2020 was $10.2 million with a gross margin of 33%, down from $12.1 million and 38% in Q4 2019 [21] - Net income for Q4 2020 was $1.6 million or $0.04 per share, compared to $5.4 million or $0.13 per share in Q4 2019 [23] Business Line Data and Key Metrics Changes - The distribution product segment margins were negatively impacted in 2020 due to a shift in product mix [21] - The company plans to expand its biosimilar product portfolio, expecting potential sales of $25 million to $35 million annually from nine biosimilar products [15][29] Market Data and Key Metrics Changes - The company is focused on increasing market share for KEDRAB in the U.S. and expanding GLASSIA sales in ex-U.S. markets [18] - The company anticipates generating royalties from GLASSIA projected to be in the range of $10 million to $20 million per year starting in 2022 [18] Company Strategy and Development Direction - Kamada aims to become a fully-integrated specialty plasma company by expanding its plasma-derived product business and enhancing manufacturing capabilities [8][10] - The company is developing its pipeline, focusing on the Phase III InnovAATe clinical trial for inhaled AAT and exploring new strategic business development opportunities [9][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's fundamentals despite challenges posed by the COVID-19 pandemic, highlighting a strong balance sheet and multiple growth catalysts [6][56] - The company expects reduced revenues and profitability in 2021 due to the transition of GLASSIA manufacturing and ongoing uncertainties from COVID-19 [24] Other Important Information - As of December 31, 2020, the company had cash balances of $109.3 million, up from $73.9 million a year earlier [24] - The company has initiated a supply of its COVID-19 IgG product to the Israeli Ministry of Health, expected to generate approximately $3.5 million in revenue [12] Q&A Session Summary Question: Can you describe the approval pathway for biosimilars? - Management indicated that approvals will primarily rely on EMA, with the Israeli Ministry of Health typically approving based on EMA or U.S. approval [28] Question: What is the annual collection capacity at Beaumont today? - Management did not disclose specific volumes but emphasized plans to maximize capacity and focus on hyperimmune plasma collection [34] Question: What should we anticipate for R&D spend in 2021? - Management expects R&D spend to remain similar to 2020, with recruitment timelines impacted by COVID-19 [43] Question: How should we think about product revenue in 2021? - Management did not provide specific guidance for 2021 due to COVID-19 uncertainties but indicated steady growth in the Israel Distribution business [50]
Kamada .(KMDA) - 2020 Q3 - Earnings Call Transcript
2020-11-11 19:51
Kamada Ltd. (NASDAQ:KMDA) Q3 2020 Results Earnings Conference Call November 11, 2020 8:30 AM ET Company Participants Bob Yedid - LifeSci Advisors Amir London - CEO Chaime Orlev - CFO Conference Call Participants Raj Denhoy - Jefferies Operator Greetings and welcome to the Kamada Limited Third Quarter 2020 Earnings Call. At this time, all participants are in a listen-only mode, a question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder this conference is being re ...
Kamada .(KMDA) - 2020 Q2 - Earnings Call Transcript
2020-08-12 18:25
Kamada Ltd. (NASDAQ:KMDA) Q2 2020 Earnings Conference Call August 12, 2020 8:30 AM ET Company Participants Troy Williams – LifeSci Advisors Amir London – Chief Executive Officer Chaime Orlev – Chief Financial Officer Conference Call Participants Raj Denhoy – Jefferies Keay Nakae – Chardan Operator Welcome to the Kamada Limited Second Quarter 2020 Earnings Conference Call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will an oppor ...
Kamada .(KMDA) - 2020 Q1 - Earnings Call Transcript
2020-05-18 20:59
Kamada Ltd (NASDAQ:KMDA) Q1 2020 Results Conference Call May 18, 2020 8:30 AM ET Company Participants Bob Yedid - LifeSci Advisors Amir London - Chief Executive Officer Chaime Orlev - Chief Financial Officer Conference Call Participants Raj Denhoy - Jefferies Keay Nakae - Chardan Capital Markets Operator Greetings, welcome to the Kamada Limited First Quarter 2020 Earnings Conference Call. At this time, all participants will be in a listen-only mode. A brief question-and-answer session will follow the formal ...
Kamada .(KMDA) - 2019 Q4 - Annual Report
2020-02-26 14:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...
Kamada .(KMDA) - 2019 Q3 - Earnings Call Transcript
2019-11-14 03:01
Kamada Ltd. (NASDAQ:KMDA) Q3 2019 Results Earnings Conference Call November 14, 2019 8:30 AM ET Company Participants Bob Yedid - Investor Relations, LifeSci Advisors, LLC Amir London - Chief Executive Officer Chaime Orlev - Chief Financial Officer Conference Call Participants Briana Warschun - Jefferies Keay Nakae - Chardan Capital Markets Operator Greetings. And welcome to the Kamada Ltd. Third Quarter 2019 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-a ...
Kamada .(KMDA) - 2019 Q2 - Earnings Call Transcript
2019-08-11 09:48
Kamada Ltd. (NASDAQ:KMDA) Q2 2019 Results Earnings Conference Call August 6, 2019 8:30 AM ET Company Participants Paul Arndt - Investor Relations, Managing Director at LifeSci Advisors Amir London - Chief Executive Officer Chaime Orlev - Chief Financial Officer Conference Call Participants Keay Nakae - Chardan Capital Markets Operator Greetings and welcome to Kamada Ltd. second quarter 2019 earnings call. At this time, all participants are in a listen-only mode. A questions-and-answer session will follow th ...
Kamada .(KMDA) - 2019 Q1 - Earnings Call Transcript
2019-05-14 18:50
Kamada Ltd. (NASDAQ:KMDA) Q1 2019 Earnings Conference Call May 14, 2019 8:30 AM ET Company Participants Bob Yedid - LifeSci Advisors, LLC Amir London - Chief Executive Officer Chaime Orlev - Chief Financial Officer Conference Call Participants Raj Denhoy - Jefferies Operator Greetings and welcome to the Kamada's First Quarter 2019 Earnings Call. [Operator Instructions] Please note this conference is being recorded. I'd now turn the conference over to your host today Mr. Bob Yedid with LifeSci Advisors. Plea ...
Kamada .(KMDA) - 2018 Q4 - Annual Report
2019-02-27 14:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of ...