OverviewSuggest Edit

Idorsia (formerly Actelion) is a biopharmaceutical company, discovers, develops, and commercializes drugs for unmet medical needs. It targets a number of different diseases, such as Fabry disease, insomnia, resistant hypertension, cerebral vasospasm, epilepsy, nasal polyposis, systemic lupus erythematosus, and others. The company focuses on multiple therapeutic areas, including CNS, cardiovascular and immunological disorders, as well as orphan diseases.
TypePublic
Founded2017
HQAllschwil, CH
Websiteidorsia.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Dec 2019)800(+7%)
Revenue (FY, 2019)CHF23.8 M(-60%)
Share Price (Nov 2020)CHF26.2
Cybersecurity ratingBMore

Key People/Management at Idorsia

Martine Clozel

Martine Clozel

Executive Vice President, Chief Scientific Officer
André C. Muller

André C. Muller

Executive Vice President, Chief Financial Officer
Simon Jose

Simon Jose

Executive Vice President, Chief Commercial Officer
Jean-Paul Clozel

Jean-Paul Clozel

Executive Member, Chief Executive Officer
Guy Braunstein

Guy Braunstein

Executive Vice President, Head of Global Clinical Development
Oliver Peinelt

Oliver Peinelt

Senior Vice President, Group General Counsel
Show more

Idorsia Office Locations

Idorsia has offices in Allschwil, Shanghai, Lörrach and Chiyoda City
Allschwil, CH (HQ)
91 Hegenheimermattweg
Lörrach, DE
Marie-Curie-Straße 8
Show all (5)

Idorsia Financials and Metrics

Idorsia Revenue

Idorsia's revenue was reported to be CHF23.82 m in FY, 2019 which is a 60.7% decrease from the previous period.
CHF

Revenue (FY, 2019)

23.8m

Revenue growth (FY, 2018 - FY, 2019), %

(60.7%)

Net income (FY, 2019)

(494.6m)

EBIT (FY, 2019)

(482.4m)

Market capitalization (19-Nov-2020)

3.8b

Closing stock price (19-Nov-2020)

26.2

Cash (31-Dec-2019)

263.0m

EV

4.1b
Idorsia's current market capitalization is CHF3.8 b.
Annual
CHFFY, 2017FY, 2018FY, 2019

Revenue

158.1m60.6m23.8m

Revenue growth, %

(62%)(61%)

General and administrative expense

31.0m60.6m66.4m

R&D expense

134.9m370.1m438.5m
Half Year
CHFH1, 2017H1, 2018H1, 2019

Revenue

13.1m13.1m

General and administrative expense

2.3m29.1m32.1m

R&D expense

8.2m139.1m219.7m

Operating expense total

10.6m168.4m252.4m
Annual
CHFFY, 2017FY, 2018FY, 2019

Cash

622.5m798.6m263.0m

Prepaid Expenses

16.6m10.6m17.7m

Current Assets

881.3m941.4m775.4m

PP&E

156.7m150.7m150.7m
Quarterly
CHFQ2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

607.1m551.6m548.9m614.5m670.6m717.6m466.8m385.0m

Prepaid Expenses

5.6m

Current Assets

781.2m727.4m789.4m718.5m820.9m833.7m710.4m615.3m

PP&E

158.9m155.3m154.2m152.3m150.3m147.3m146.6m149.7m
Annual
CHFFY, 2017FY, 2018FY, 2019

Net Income

(15.3m)(387.5m)(494.6m)

Depreciation and Amortization

10.1m19.6m19.7m

Accounts Payable

21.3m2.4m417.0k

Cash From Operating Activities

95.5m(352.8m)(462.0m)
Quarterly
CHFQ2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(11.4m)(82.7m)(78.9m)(159.6m)(278.9m)(106.7m)(232.4m)(352.6m)

Depreciation and Amortization

772.0k5.3m4.6m9.3m14.2m4.8m9.7m14.6m

Accounts Payable

14.9m6.9m(502.0k)5.7m3.6m15.3m10.7m4.6m

Cash From Operating Activities

4.4m(50.2m)(70.8m)(134.7m)(228.1m)(109.2m)(211.4m)(335.9m)
CHFQ2, 2017

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

1.6 x
Show all financial metrics

Idorsia Operating Metrics

FY, 2017FY, 2018FY, 2019

Projects in R&D Pipeline

11 10 12

Workstations

550 550 550

Servers Deployed

150

Trial Master Files Migrated

35 k
Show all operating metrics

Idorsia Acquisitions / Subsidiaries

Company NameDateDeal Size
Idorsia Pharmaceuticals Deutschland GmbH
Idorsia Pharmaceuticals Japan Ltd
Idorsia Pharmaceuticals Ltd
Idorsia Pharmaceuticals US Inc
Idorsia (Shanghai) Pharmaceuticals Co., Ltd
Vaxxilon Ltd

Idorsia Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Idorsia Online and Social Media Presence

Embed Graph

Idorsia News and Updates

Idorsia announces capital increase to prepare for the launch of daridorexant and further fund its diversified pipeline

Allschwil, Switzerland – October 8, 2020Idorsia Ltd (SIX: IDIA) today announced a capital increase by way of an at-market rights offering with envisaged gross proceeds of approximately CHF 575 million. Idorsia intends to use the net proceeds from the rights offering primarily to support the regulato…

Idorsia assigns and transfers agreement with ReveraGen to Santhera

Allschwil, Switzerland – September 2, 2020

Idorsia establishes US commercial operations and leadership team

Allschwil, Switzerland – July 16, 2020Idorsia Ltd (SIX: IDIA) today announced its strategic expansion in the United States by establishing commercial operations. Located in Radnor, PA – a Philadelphia suburb known for its strong healthcare and pharmaceutical environment – Idorsia Pharmaceuticals US …

Idorsia announces positive results in the second Phase 3 study of daridorexant

Allschwil, Switzerland – July 6, 2020Idorsia Ltd (SIX: IDIA) today announced positive top-line results of the second pivotal Phase 3 study investigating 10 and 25 mg doses of its dual orexin receptor antagonist, daridorexant, in 924 adult and elderly patients (39.3% ≥ 65 years) with insomnia. The st…
Show more

Idorsia Frequently Asked Questions

  • When was Idorsia founded?

    Idorsia was founded in 2017.

  • Who are Idorsia key executives?

    Idorsia's key executives are Martine Clozel, André C. Muller and Simon Jose.

  • How many employees does Idorsia have?

    Idorsia has 800 employees.

  • What is Idorsia revenue?

    Latest Idorsia annual revenue is CHF23.8 m.

  • What is Idorsia revenue per employee?

    Latest Idorsia revenue per employee is CHF29.8 k.

  • Who are Idorsia competitors?

    Competitors of Idorsia include Roivant Sciences, Vifor Pharma and Ipsen.

  • Where is Idorsia headquarters?

    Idorsia headquarters is located at 91 Hegenheimermattweg, Allschwil.

  • Where are Idorsia offices?

    Idorsia has offices in Allschwil, Shanghai, Lörrach and Chiyoda City.

  • How many offices does Idorsia have?

    Idorsia has 5 offices.