Assertio

OverviewSuggest Edit

Assertio (formerly Depomed) is a specialty pharmaceutical company focused on developing and commercializing products to treat pain and other central nervous system conditions. It offers INDOCIN, a non-steroidal anti-inflammatory drug, and CAMBIA, a prescription medicine used to treat migraine attacks. In addition, the company provides ZIPSOR, a non-steroidal anti-inflammatory drug for the treatment of mild to moderate acute pain in adults, and SPRIX, a solution for the management of moderate to moderately severe pain that requires analgesia at the opioid level.

TypePublic
Founded1995
HQLake Forest, IL, USMap
Websiteassertiotx.com
Employee Ratings3.5More

Recent NewsAll News

Latest Updates

Employees (est.) (Mar 2021)27(-78%)
Revenue (FY, 2020)$106.3 M(-53%)
Share Price (Apr 2022)$2.2(-6%)
Cybersecurity ratingAMore
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Key People/Management at Assertio

Dan A Peisert

Dan A Peisert

President, Chief Executive Officer, Director
Jeff Christensen

Jeff Christensen

Senior Vice President, Commercial
Sam Schlessinger

Sam Schlessinger

Vice President, Legal
Ajay Patel

Ajay Patel

Senior Vice President, Chief Accounting Officer
Paul Schwichtenberg

Paul Schwichtenberg

Senior Vice President, Chief Financial Officer
Bill Iskos

Bill Iskos

Senior Vice President, Operations
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Assertio Office Locations

Assertio has an office in Lake Forest
Lake Forest, IL, US (HQ)
Landmark of Lake Forest, 100 Saunders Rd Ste 300
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Assertio Financials and Metrics

Assertio Revenue

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View revenue for all periods
Assertio's revenue was reported to be $106.28 m in FY, 2020 which is a 53.7% decrease from the previous period.
USD

Revenue (Q2, 2021)

24.8m

Market capitalization (26-Apr-2022)

96.4m

Closing stock price (26-Apr-2022)

2.2

Cash (30-Jun-2021)

54.4m

EV

121.0m
Assertio's current market capitalization is $96.4 m.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

311.8m229.5m106.3m

Revenue growth, %

(18%)(26%)(54%)

Cost of goods sold

18.5m9.5m19.9m

Gross profit

293.3m220.0m86.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

128.4m63.3m77.5m57.9m57.2m55.1m20.9m20.6m34.3m26.8m24.8m

Cost of goods sold

12.0m2.8m3.0m2.6m2.1m2.2m1.4m5.2m6.5m4.0m

Gross profit

116.4m60.5m74.5m55.4m55.1m52.9m19.5m15.4m27.8m22.9m

Gross profit Margin, %

91%96%96%96%96%96%93%75%81%85%
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Annual
USDFY, 2018FY, 2019FY, 2020

Cash

110.9m42.1m20.8m

Accounts Receivable

37.2m42.7m44.4m

Prepaid Expenses

56.6m15.7m17.4m

Inventories

3.4m3.4m11.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

101.7m57.2m121.9m109.7m68.3m54.2m106.0m59.4m34.7m61.0m54.4m

Accounts Receivable

62.4m42.1m43.9m43.5m34.3m43.4m13.0m34.8m39.2m39.2m45.5m

Prepaid Expenses

23.8m22.7m57.3m25.7m26.2m23.5m10.7m15.9m17.1m14.9m12.8m

Inventories

5.4m5.0m4.3m3.1m3.0m3.3m518.0k25.4m13.5m8.9m6.6m
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Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

36.9m(217.2m)(28.1m)

Depreciation and Amortization

106.4m102.9m26.4m

Inventories

9.0m(316.0k)(291.0k)

Accounts Payable

(33.6m)(15.1m)(28.6m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

33.8m12.8m61.0m(14.3m)(27.9m)(24.6m)41.2m6.7m(3.8m)4.5m(9.6m)

Depreciation and Amortization

26.9m53.8m80.7m26.0m51.5m77.2m8.1m13.3m19.5m6.8m14.3m

Inventories

7.5m7.8m8.5m(40.0k)195.0k(213.0k)(2.4m)512.0k(792.0k)2.6m5.0m

Accounts Payable

(33.5m)(44.3m)(28.1m)(12.4m)(14.9m)17.4m(10.5m)(13.3m)(18.4m)(16.7m)(3.9m)
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USDQ1, 2018

Revenue/Employee

755.3k

Debt/Equity

3.1 x

Debt/Assets

0.6 x

Financial Leverage

4.9 x
Show all financial metrics

Assertio Operating Metrics

FY, 2018FY, 2019FY, 2020May, 2021

Patents (US)

232312

Products

758

Trademarks

15
Show all operating metrics

Assertio Acquisitions / Subsidiaries

Company NameDateDeal Size
Zyla Life SciencesMarch 20, 2020
Nautilus NeurosciencesDecember 17, 2013
Alligator IP, LLC
Assertio Distribution, LLC
Assertio Management, LLC
Assertio Therapeutics, Inc.
Depo DR Sub, LLC
Depo NF Sub, LLC
Egalet Limited
Zyla Life Sciences, Inc.
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Assertio Revenue Breakdown

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Assertio revenue breakdown by business segment: 12.5% from Zipsor, 10.6% from Commercialization agreement revenue, 26.7% from CAMBIA, 10.4% from SPRIX, 29.8% from INDOCIN Products and 10.0% from Other

Assertio Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

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Assertio Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Assertio Online and Social Media Presence

Assertio's Trends

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Assertio News and Updates

April 25, 2022

Levi & Korsinsky, LLP Announces Proposed Settlement of the Depomed (nka Assertio Therapeutics) Securities Litigation

WASHINGTON, April 25, 2022 /PRNewswire/ -- UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA INCHEN HUANG, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. ASSERTIO THERAPEUTICS, INC., ARTHUR JOSEPH HIGGINS, JAMES A. SCHOENECK, and AUGUST J. MORETTI,...
April 22, 2022

Assertio Holdings, Inc. to Report First Quarter 2022 Financial Results After the Close of Markets on Monday, May 9, 2022

LAKE FOREST, Ill., April 22, 2022 (GLOBE NEWSWIRE) --  Assertio Holdings, Inc. (“Assertio” or the “Company”) (NASDAQ: ASRT) today announced that it will release first quarter 2022 financial results on Monday, May 9, 2022, after the close of markets. Following the release of its financial results, …
March 31, 2022

Assertio Holdings, Inc. Partners with BlinkRx to Support Healthcare Providers and Patients Utilizing Otrexup® (methotrexate) with a Unique Patient Access Solution

Collaboration Eases Patient Access to Therapy Collaboration Eases Patient Access to Therapy
March 09, 2022

Assertio Reports Fourth Quarter and Full Year 2021 Financial Results

$32.2 Million Fourth Quarter Net Product Sales, a 7% Increase from Fourth Quarter 2020 and $109.4 Million Full Year Net Product Sales
March 02, 2022

Assertio Holdings, Inc. to Report Fourth Quarter and Full Year 2021 Financial Results Before the Opening of Markets on Wednesday, March 9, 2022

LAKE FOREST, Ill., March 02, 2022 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or the “Company”) (NASDAQ: ASRT) today announced that it will release fourth quarter and full year 2021 financial results on Wednesday, March 9, 2022, before the open of markets. Following the release of its …
January 10, 2022

Assertio Holdings, Inc. to Participate in the H.C. Wainwright BioConnect Virtual Conference

LAKE FOREST, Ill., Jan. 10, 2022 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or “the Company”) (NASDAQ: ASRT) today announced that the Company’s Chief Executive Officer, Dan Peisert, and Chief Financial Officer, Paul Schwichtenberg, will participate in the H.C. Wainwright BioConnect Vi…
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Assertio Blogs

October 08, 2018

Assertio Therapeutics to Report Third-Quarter 2018 Financial Results After The Close of Markets on Thursday, November 8, 2018

LAKE FOREST, Ill. , Oct. 08, 2018 (GLOBE NEWSWIRE) -- Assertio Therapeutics, Inc. (NASDAQ:ASRT) today announced that it will release third-quarter 2018 financial results on Thursday, November 8, 2018 , after the close of markets. Following the announcement, the Company will host a conference call
August 09, 2018

Depomed Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

Depomed Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4) Content Import Wed, 08/08/2018 - 22:37 Depomed Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4) July 6, 2018 at 4:05 PM EDT This release is a backfill from a News Wire …
August 09, 2018

Depomed to Report Second-Quarter 2018 Financial Results on Wednesday, August 8, 2018

Depomed to Report Second-Quarter 2018 Financial Results on Wednesday, August 8, 2018 Content Import Wed, 08/08/2018 - 22:37 Depomed to Report Second-Quarter 2018 Financial Results on Wednesday, August 8, 2018 July 9, 2018 at 8:31 AM EDT This release is a backf…
August 09, 2018

Depomed Announces NUCYNTA® Commercialization Agreement with Collegium Pharmaceutical

Depomed Announces NUCYNTA® Commercialization Agreement with Collegium Pharmaceutical Content Import Wed, 08/08/2018 - 22:37 Depomed Announces NUCYNTA® Commercialization Agreement with Collegium Pharmaceutical December 4, 2017 at 4:31 PM EST This release is a b…
July 27, 2018

Arthur J. Higgins

Arthur J. Higgins deborah.drisco… Thu, 07/26/2018 - 23:10 Arthur J. Higgins

 Assertio Frequently Asked Questions

  • When was Assertio founded?

    Assertio was founded in 1995.

  • Who are Assertio key executives?

    Assertio's key executives are Dan A Peisert, Jeff Christensen and Sam Schlessinger.

  • How many employees does Assertio have?

    Assertio has 27 employees.

  • What is Assertio revenue?

    Latest Assertio annual revenue is $106.3 m.

  • What is Assertio revenue per employee?

    Latest Assertio revenue per employee is $3.9 m.

  • Who are Assertio competitors?

    Competitors of Assertio include JanOne, iNova Pharmaceuticals and Purdue Pharma.

  • Where is Assertio headquarters?

    Assertio headquarters is located at Landmark of Lake Forest, 100 Saunders Rd Ste 300, Lake Forest.

  • Where are Assertio offices?

    Assertio has an office in Lake Forest.

  • How many offices does Assertio have?

    Assertio has 1 office.