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SCIENTURE Reports Q3 2025 Financial Results and Provides Business Update
Globenewswire· 2025-11-13 13:05
Core Insights - Scienture Holdings, Inc. reported significant revenue growth to $590,050 and a substantial increase in gross profit to $574,621 for Q3 2025 compared to Q3 2024 [2][5][19] - The company launched Arbli, the first FDA-approved ready-to-use liquid formulation of losartan for hypertension, which has been added to key national payor formularies, expanding access to over 100 million covered lives [2][3] - Scienture is preparing to launch REZENOPY, an opioid overdose emergency treatment, in Q1 2026, leveraging a strong commercial infrastructure [2] Financial Performance - Net revenue increased from approximately $65,000 in Q3 2024 to $590,050 in Q3 2025, representing a growth of over 800% [5][19] - Gross profit rose from approximately $4,000 in Q3 2024 to $574,621 in Q3 2025, indicating a significant improvement in profitability [5][19] - The company strengthened its balance sheet by reducing outstanding debt and enhancing its cash position to over $8 million as of November 13, 2025 [2] Product Development - Arbli is a proprietary formulation of losartan, approved for treating hypertension in patients over six years old, and offers a convenient liquid alternative without the need for compounding [3][4] - The product has a shelf life of 24 months at room temperature and is designed to provide consistent quality and dosing accuracy [4] - Scienture's development pipeline remains strong, with ongoing evaluations for additional products to enhance its commercial portfolio [2] Market Position - The launch of Arbli has allowed Scienture to penetrate approximately 20% of the U.S. institutional market through agreements with over 2,500 healthcare institutions [2] - The company aims to create long-term value through sustained adoption of its products across various channels, including retail and long-term care [2]
Scienture Holdings, Inc.(SCNX) - 2025 Q3 - Quarterly Report
2025-11-12 22:30
Financial Performance - Revenues for Q3 2025 reached $590,050, a significant increase from $64,861 in Q3 2024, representing a growth of 810%[17] - Gross profit for Q3 2025 was $574,621, compared to $3,883 in Q3 2024, indicating a substantial improvement[17] - Operating loss for Q3 2025 was $4,361,206, compared to a loss of $3,497,791 in Q3 2024, indicating an increase in losses[17] - Net loss from continuing operations for the nine months ended September 30, 2025, was $13,391,931, compared to $11,441,764 for the same period in 2024[17] - The company reported a net loss per common share from continuing operations of $(0.19) for Q3 2025, compared to $(1.34) for Q3 2024[17] - The company reported a net loss from continuing operations of $3,607,361 for the three months ended September 30, 2025, compared to a loss of $3,183,601 for the same period in 2024[69] - The basic net loss per common share from continuing operations was $(0.19) for the three months ended September 30, 2025, compared to $(1.34) for the same period in 2024[69] Assets and Liabilities - Total current assets decreased to $1,421,074 as of September 30, 2025, down from $6,305,477 as of December 31, 2024[14] - Total liabilities decreased to $22,160,659 as of September 30, 2025, compared to $25,781,684 as of December 31, 2024, reflecting a reduction of approximately 14%[14] - Total stockholders' equity increased to $82,669,631 as of September 30, 2025, up from $79,072,121 as of December 31, 2024[14] - Cash balance increased to $355,692 as of September 30, 2025, from $308,096 as of December 31, 2024[14] Operating Expenses - The company incurred total operating expenses of $4,935,827 in Q3 2025, compared to $3,501,674 in Q3 2024, marking an increase of approximately 41%[17] - For the nine months ended September 30, 2025, the net loss from continuing operations was $13,391,931, compared to a net loss of $11,441,764 for the same period in 2024, representing an increase of approximately 17.0%[22] - The company reported stock-based compensation of $1,820,433 for the nine months ended September 30, 2025, significantly higher than $25,147 in the same period of 2024[22] Cash Flow - Net cash used in operating activities from continuing operations was $8,207,188 for the nine months ended September 30, 2025, compared to $10,585,173 for the same period in 2024, indicating a decrease of approximately 22.5%[22] - The cash at the end of the period for September 30, 2025, was $355,692, down from $579,103 at the end of September 30, 2024[22] Strategic Actions - Scienture Holdings, Inc. changed its legal name from "TRxADE HEALTH, Inc." on September 20, 2024, and acquired Scienture, LLC in July 2024[24] - The company completed the sale of Bonum Health, LLC on April 30, 2025, as part of its strategy to dispose of legacy subsidiaries[25] - The Company completed the sale of its subsidiaries IPS, Softell, and Bonum Health, Inc. to Tollo for a $5 million promissory note[34] - The divestitures are part of a strategic realignment aimed at optimizing the Company's portfolio and accelerating growth in the Branded and Specialty Pharma markets[35] - The Company intends to use proceeds from the divestment to facilitate high-growth commercial and strategic product development activities at its Scienture subsidiary[35] Acquisitions and Goodwill - The Company acquired intangible assets valued at $76.4 million and recognized goodwill of $21.37 million in the Scienture acquisition[55] - Goodwill recognized from the Scienture acquisition amounted to $21,372,960, primarily due to expected go-to-market synergies[82] - As of September 30, 2025, no goodwill impairment was recognized, as management assessed that it was not likely that the fair value of reporting units was less than their carrying values[59] Product Development - The product technologies acquired in the Scienture acquisition include new potential treatments for hypertension, migraine, pain, and thrombosis, which are in various phases of development[60] - Scienture has four primary product candidates in its development pipeline, focusing on novel treatments for hypertension, migraine, pain, and thrombosis[212] - SCN-102 received regulatory approval in March 2025, with commercialization starting in Q3 2025; SCN-104 expected to achieve approval by late 2027 or early 2028[105][106] Debt and Financing - The Company issued convertible debentures totaling up to $12,222,222, with the first tranche of $3,333,333 sold for $3,000,000, reflecting a 10% original issue discount[109][110] - The NVK Loan Agreement with NVK Finance, LLC was for $2,000,000, accruing interest at 15.50%, with an outstanding balance of $2,656,250 as of September 30, 2025[123][124] - The Company issued a senior secured promissory note (Streeterville Note) for $3,911,111.11 with a 9% interest rate and received net proceeds of $3,500,000, which were used for working capital and debt repayment[190] - The Company sold 15,722,759 shares under the ATM Program, generating $15,568,236 in gross proceeds, which were used to fully repay the Streeterville Note[192] Compensation and Employment - Dr. Mani's annual base salary increased from $325,000 to $400,000, and Dr. Hariharan's increased from $175,000 to $400,000 as part of the Employment Amendments effective October 1, 2025[194] - The Company recognized a total stock-based compensation cost of $1,512,995 due to the cancellation of 2,000,000 stock options and the granting of 2,000,000 shares of common stock[164] Legal and Settlement Matters - The Company entered into a Settlement Agreement with Kesin Pharma Corporation, agreeing to pay $1.285 million plus 8% interest and legal fees through December 2026[173] - The Company settled a dispute with Kesin Pharma Corporation for $1.285 million plus 8% interest, with payments scheduled through December 2026[195]
SCIENTURE Announces Addition of Arbli™ (Losartan Potassium) to Formularies of Major National Health Plans
Globenewswire· 2025-11-04 13:05
Core Insights - Scienture Holdings, Inc. has successfully added Arbli (losartan potassium) Oral Suspension to key national payors' formularies, expanding access to over 100 million covered lives in the U.S. [1][2][3] Product Overview - Arbli is the first FDA-approved ready-to-use oral suspension formulation of losartan potassium, providing a safe and convenient alternative to solid dosage forms [2][4]. - The U.S. losartan market is valued at approximately $256 million annually, with over 71 million prescriptions written each year, indicating a significant commercial opportunity for Scienture [2][4]. - Arbli is designed for patients over six years old and is indicated for the treatment of hypertension, reducing the risk of stroke, and treating diabetic nephropathy in certain patients with type 2 diabetes [4][7]. Market Impact - The inclusion of Arbli in major national formularies reflects the confidence health plans have in Scienture's products and enhances patient access to affordable treatment options [3][4]. - The product's unique formulation does not require compounding, has a reduced dosing volume, and offers a long shelf life at room temperature, addressing common issues associated with traditional losartan prescriptions [4][5]. Company Strategy - Scienture's leadership emphasizes the commitment to sustainable growth and improving public health outcomes through expanded access to its product portfolio [3][4]. - The company aims to make its specialty products available to millions more patients across the country, indicating a broader strategy for market penetration [3].
INTC, SCNX, F, DECK, SMCI: 5 Trending Stocks Today - Intel (NASDAQ:INTC)
Benzinga· 2025-10-24 01:50
Market Overview - Major U.S. indices closed higher, with the Dow Jones Industrial Average up 0.3% at 46,734.61, the S&P 500 advancing nearly 0.6% to 6,738.44, and the Nasdaq climbing about 0.9% to 22,941.79 [1] Intel Corp (NASDAQ: INTC) - Intel's stock surged 3.36% to close at $38.16, reaching an intraday high of $38.4 and a low of $36.43, with a 52-week range of $17.67 to $39.65. In after-hours trading, the stock rose 7.7% to $41.10 [1] - The company's impressive third-quarter earnings included revenue of $13.65 billion, surpassing analyst expectations of $13.14 billion, and adjusted earnings per share of 23 cents, exceeding the predicted one cent, driven by increased demand for compute in the AI sector [2] Scienture Holdings, Inc. (NASDAQ: SCNX) - Scienture Holdings' shares skyrocketed 354.94% to $2.60, with an intraday high of $2.60 and a low of $0.82, and a 52-week range of $0.46 to $9.55. The stock declined 23.8% to $1.98 in after-hours trading [3] - The company announced the commencement of commercial sales for Arbli, a losartan potassium oral suspension, marking the first time the company has brought the drug to market [4] Ford Motor Co. (NYSE: F) - Ford's stock dipped 0.72% to close at $12.34, with an intraday high of $12.49 and a low of $12.19, and a 52-week range of $8.44 to $12.80. In after-hours trading, the stock rose almost 2.6% to $12.66 [5] - The company reported better-than-expected third-quarter earnings, with earnings per share of 45 cents surpassing the 36 cents estimate, and revenue of $47.18 billion also exceeding expectations [5] Deckers Outdoor Corp. (NYSE: DECK) - Deckers Outdoor saw a 1.64% rise in its stock price, closing at $102.54, with an intraday high of $104.08 and a low of $100.93, and a 52-week range from $93.72 to $223.98. In after-hours trading, the stock fell 12.3% to $89.91 [6] - The company's second-quarter earnings report revealed a 16% beat on earnings per share, with figures of $1.82 surpassing the $1.57 estimate. Deckers expects fiscal GAAP EPS between $6.30 and $6.39, slightly above the $6.28 consensus, with revenue projected at $5.35 billion, below analysts' estimate of $5.45 billion [7] Super Micro Computer, Inc. (NASDAQ: SMCI) - Super Micro's stock fell 8.72% to $47.92, with an intraday high of $51.84 and a low of $47.38, and a 52-week range of $17.25 to $66.44. In after-hours trading, the stock rose 1.2% to $48.49 [8] - The decline during regular trading hours followed a disappointing business update, projecting $5 billion in first-quarter revenue, falling short of the previously guided $6 billion to $7 billion [9]
SCIENTURE Announces Start of Commercial Sales and Fulfillment of First Orders for Arbli™ (Losartan Potassium)
Globenewswire· 2025-10-23 12:05
Core Insights - Scienture Holdings, Inc. has launched commercial sales of Arbli, the first FDA-approved ready-to-use oral suspension of losartan potassium, marking a significant milestone in the company's growth [1][4][5] - The U.S. losartan market is valued at approximately $256 million annually, with over 71 million prescriptions written each year, presenting a substantial commercial opportunity for Scienture and its partners [2][3] - Arbli is designed to provide a safe, consistent, and convenient therapeutic option for patients who require a liquid formulation, addressing unmet market needs [5][6] Company Overview - Scienture Holdings, Inc. focuses on developing, commercializing, and distributing novel specialty pharmaceutical products that enhance value for patients, physicians, and caregivers [1][11] - The company has a highly experienced team dedicated to bringing unique specialty products to market, with a commitment to addressing unmet market needs [11] Product Details - Arbli is a proprietary formulation of losartan, an angiotensin receptor blocker (ARB) for hypertension, approved for patients over six years old [5][6] - It is the only liquid formulation of losartan that does not require compounding, offering reduced dosing volume and a shelf life of 24 months at room temperature [5][6] - The product is indicated for treating hypertension, reducing stroke risk in patients with hypertension and left ventricular hypertrophy, and treating diabetic nephropathy in certain type 2 diabetes patients [7][13] Market Strategy - Scienture is executing a multi-channel promotional campaign targeting healthcare professionals and has established agreements with pharmacy benefit managers (PBMs) and group purchasing organizations (GPOs) to enhance market access [3][4] - The agreements expand Arbli's market access to over 2,500 healthcare institutions, potentially penetrating an estimated 20% of the U.S. institutional market [3][4]
EXCLUSIVE: Scienture Launches Arbli Oral Suspension, Expanding Options For Hypertension Patients
Yahoo Finance· 2025-10-23 11:51
Core Insights - Scienture Holdings, Inc. has commenced commercial sales of Arbli (losartan potassium) Oral Suspension, 10 mg/mL, which is the first FDA-approved ready-to-use oral suspension for hypertension patients aged 6 and above [1][5] - Arbli is the only liquid formulation of losartan available that does not require compounding, providing benefits such as reduced dosing volume and a long shelf life at room temperature [2] Market Overview - The U.S. losartan market is valued at approximately $256 million in annual sales, with over 71 million prescriptions written each year [2] - Scienture has established agreements with pharmacy benefit managers (PBMs) and group purchasing organizations (GPOs) to enhance commercial coverage and formulary access for Arbli [3] Distribution Strategy - The company has formalized multiple GPO agreements, allowing Arbli to access over 2,500 healthcare institutions across the U.S., including hospitals, clinics, nursing homes, specialty pharmacies, long-term care facilities, and ambulatory centers [3][4] - This distribution strategy aims to penetrate an estimated 20% of the U.S. institutional market [4]
SCIENTURE’S Arbli™ Becomes First FDA-Approved Ready-to-Use Liquid Losartan Available Through Major U.S. Wholesalers
Globenewswire· 2025-10-16 13:00
Core Insights - The launch of Arbli (losartan potassium) Oral Suspension, 10mg/mL, represents a significant advancement in hypertension treatment, particularly for patients with dysphagia, as it is the first FDA-approved ready-to-use liquid formulation of losartan [1][2][3] - The U.S. losartan market is valued at approximately $256 million annually, with 71 million prescriptions, indicating a substantial market opportunity for Arbli [2][3] - The availability of Arbli through established pharmaceutical distribution channels enhances treatment adherence and addresses the needs of underserved patient populations, including the elderly and children [2][3] Company Overview - Scienture Holdings, Inc. is focused on developing and commercializing novel specialty products to meet unmet market needs, with Arbli being a key product in their portfolio [1][9] - The company aims to convert regulatory milestones into market results, viewing the launch of Arbli as a driver for near-term revenue growth and a validation of their patient-focused strategy [3][9] Product Details - Arbli is a peppermint-flavored oral liquid formulation that does not require refrigeration and has a shelf life of 24 months when stored at room temperature [4] - It is indicated for the treatment of hypertension in adults and children over six years old, and it helps reduce the risk of cardiovascular events [6][8]
SCIENTURE Holdings Announces Full Repayment and Conversion of Outstanding Debentures, Strengthening Balance Sheet
Globenewswire· 2025-10-08 13:00
Core Viewpoint - Scienture Holdings, Inc. has entered into an agreement to fully discharge all outstanding balances on secured convertible debentures with Arena Investors, marking a significant step in strengthening its financial position and capital structure [1][3][4]. Group 1: Agreement Details - The agreement involves amending the conversion price of the debentures to $2.4861 per share of common stock, with Arena Investors agreeing to convert the remaining amounts owed into shares [2]. - Following the conversion, all obligations under the debentures and related documents are deemed paid in full, and all associated liens and security interests will be released [3]. Group 2: Strategic Implications - The conversion of the debentures is seen as a pivotal step in advancing the company's long-term strategic objectives, eliminating interest-bearing obligations, and optimizing the capital structure [4]. - The company aims to build on recent commercial momentum from its first product launch, positioning itself for accelerated growth [5].
SCIENTURE Secures Multiple Commercial GPO Agreements, Expanding U.S. Market Access for Arbli™ (losartan potassium) to more than 2500 Healthcare Institutions
Globenewswire· 2025-10-01 13:00
Core Insights - Scienture Holdings, Inc. has formalized multiple GPO agreements for Arbli, its FDA-approved losartan oral suspension, providing access to over 2500 healthcare institutions, which represents a potential penetration into approximately 20% of the U.S. institutional market [1][2][4] - The U.S. losartan market is valued at approximately $256 million annually, with 71 million prescriptions, indicating a significant opportunity for Arbli as the first ready-to-use oral suspension of losartan [1][3] Company Overview - Scienture Holdings, Inc. focuses on developing, commercializing, and distributing novel specialty pharmaceutical products that address unmet market needs [1][9] - The company aims to create long-term value for shareholders by expanding GPO partnerships and direct contracts to deepen institutional market penetration [2] Product Details - Arbli is a proprietary formulation of losartan, the first and only liquid formulation that does not require compounding, offering reduced dosing volume and a long shelf life at room temperature [2][4] - It is FDA-approved for treating hypertension in patients over six years old, reducing the risk of stroke in patients with hypertension and left ventricular hypertrophy, and treating diabetic nephropathy in certain type 2 diabetes patients [5] Market Opportunity - The GPO agreements serve as a strategic gateway for rapid adoption of Arbli across member institutions, enhancing its market presence [4] - The liquid formulation of losartan addresses the risks and inconsistencies associated with compounded prescriptions, providing a safe and effective alternative for patients [2][4]
EXCLUSIVE: Scienture Secures Hypertension Drug Purchase Agreements With 2,500 Healthcare Institutions
Yahoo Finance· 2025-10-01 12:46
Core Insights - Scienture Holdings, Inc. has formalized multiple commercial group purchasing organization (GPO) agreements for its new drug, Arbli, which will provide access to over 2,500 healthcare institutions across the U.S. [1][5] - The company aims to penetrate approximately 20% of the U.S. institutional market with Arbli, a novel liquid formulation of losartan potassium, a widely prescribed hypertension medication [2][4]. - The U.S. losartan market is valued at around $256 million in annual sales, with a prescription volume of 71 million, and currently, all marketed products are in oral solid form [6]. Company Developments - Arbli is FDA-approved for treating hypertension in patients over six years old and for reducing stroke risk in patients with hypertension and left ventricular hypertrophy, as well as treating diabetic nephropathy in certain type 2 diabetes patients [4]. - Arbli is the first and only FDA-approved, ready-to-use oral liquid losartan available in the U.S., which does not require compounding, offering reduced dosing volume and a long-term shelf life at room temperature [5]. - The company recently announced a registered direct offering of 3.225 million shares at $1.20 per share, generating gross proceeds of approximately $3.9 million [6]. Market Position - The agreements with GPOs and Pharmacy Benefit Managers (PBMs) are significant for securing formulary access with health plans covering over 100 million lives [3]. - Scienture's stock was down 0.16% at $0.84 during premarket trading, near its 52-week low of $0.69 [7].