Flex Pharma is a biotechnology company that is developing treatments for muscle cramps and spasms associated with severe neurological conditions and exercise-associated muscle cramps. The Company's lead drug product candidate, FLX-787, is currently in exploratory Phase 2 clinical trials in Australia in patients with multiple sclerosis, or MS, and amyotrophic lateral sclerosis, or ALS.It expect to initiate a Phase 2 clinical trial in the United States of FLX-787 in patients with motor neuron disease, primarily with ALS, and another Phase 2 clinical trial in patients with Charcot-Marie-Tooth disease, or CMT. In addition, Flex Pharma launched its consumer product, HOTSHOT, to prevent and treat exercise-associated muscle cramps, or EAMCs.

TypePublic
HQBoston, US
Founded2014
Size (employees)30 (est)
Websiteflex-pharma.com
Flex Pharma was founded in 2014 and is headquartered in Boston, US
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Key People/Management at Flex Pharma

William McVicar

William McVicar

President and Chief Executive Officer

Flex Pharma Office Locations

Flex Pharma has an office in Boston
Boston, (HQ)
800 Boylston Street
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Flex Pharma Financials and Metrics

Flex Pharma Revenue

Flex Pharma's revenue was reported to be $1.27 m in FY, 2017
USD

Revenue (Q3, 2018)

251.0k

Net income (Q3, 2018)

(2.6m)

EBIT (Q3, 2018)

(2.7m)

Market capitalization (12-Dec-2018)

7.9m

Closing stock price (12-Dec-2018)

0.4

Cash (30-Sep-2018)

13.0m
Flex Pharma's current market capitalization is $7.9 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.0m1.3m

General and administrative expense

4.0m16.5m19.9m18.5m

R&D expense

40.0m12.7m20.4m17.0m

Operating expense total

44.1m29.2m40.9m36.0m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

112.7k599.1k242.5k335.5k413.6k178.6k245.5k251.0k

Cost of goods sold

110.9k

Gross profit

1.8k

Gross profit Margin, %

2%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

33.9m66.7m22.4m19.2m

Accounts Receivable

12.2k10.4k

Inventories

370.4k908.6k926.0k431.9k

Current Assets

34.2m92.2m62.5m34.5m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

110.5m106.0m89.2m54.0m38.9m27.8m21.1m39.1m20.2m21.9m15.8m13.0m

Accounts Receivable

11.6k21.8k19.1k34.7k35.1k12.6k17.3k21.0k

Inventories

112.6k274.3k230.8k414.3k688.2k534.0k418.2k275.7k223.5k

Current Assets

111.6m106.8m100.2m86.5m77.4m69.1m54.8m49.1m40.6m25.6m16.9m13.7m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(8.0m)(8.0m)(8.0m)(34.4m)

Depreciation and Amortization

12.0k49.9k277.2k324.5k

Inventories

(370.4k)(370.4k)(370.4k)22.2k

Accounts Payable

254.3k254.3k254.3k819.4k
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(92.7k)(7.1m)(21.2m)(9.6m)(21.0m)(31.6m)(8.3m)(17.1m)(26.4m)(8.2m)(17.3m)(19.9m)

Depreciation and Amortization

34.3k30.8k90.0k165.4k91.4k171.1k250.6k64.1k124.0k177.0k

Inventories

(112.6k)(274.3k)(109.7k)39.8k207.1k(79.9k)(3.3k)139.2k191.4k

Accounts Payable

567.9k812.3k433.4k594.6k508.1k321.5k(366.3k)601.6k(274.5k)237.0k(859.1k)(725.2k)
USDY, 2018

Financial Leverage

1.3 x
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Flex Pharma Revenue Breakdown

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Flex Pharma revenue breakdown by business segment: 100.0% from Consumer Operations and 0.0% from Other

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Flex Pharma Online and Social Media Presence

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Flex Pharma News and Updates

Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Flex Pharma, Inc.; Important Aug. 20 Deadline - FLKS

NEW YORK, Aug. 17, 2018 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Flex Pharma, Inc. between November 6, 2017 and June 12, 2018, both dates inclusive (the "Class Period")....

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Flex Pharma, Inc. (FLKS)

NEW YORK, June 13, 2018 /PRNewswire/ -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Flex Pharma, Inc. ("Flex" or the "Company") (NASDAQ: FLKS). Such investors are encouraged to obtain additional information and...
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Flex Pharma Company Life and Culture

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Flex Pharma Frequently Asked Questions

  • When was Flex Pharma founded?

    Flex Pharma was founded in 2014.

  • Who are Flex Pharma key executives?

    Flex Pharma's key executives are William McVicar.

  • How many employees does Flex Pharma have?

    Flex Pharma has 30 employees.

  • What is Flex Pharma revenue?

    Latest Flex Pharma annual revenue is $1.3 m.

  • What is Flex Pharma revenue per employee?

    Latest Flex Pharma revenue per employee is $42.5 k.

  • Who are Flex Pharma competitors?

    Competitors of Flex Pharma include Kiniksa Pharmaceuticals, Sartorius Stedim BioOutsource and Neurosearch.

  • Where is Flex Pharma headquarters?

    Flex Pharma headquarters is located at 800 Boylston Street, Boston.

  • Where are Flex Pharma offices?

    Flex Pharma has an office in Boston.

  • How many offices does Flex Pharma have?

    Flex Pharma has 1 office.