Lipocine

Lipocine is a specialty pharmaceutical company focused on developing innovative oral treatment alternatives for use in men’s and women’s health using its proprietary drug delivery technologies. Lipocine product development pipeline entails repositioning of established drugs with significantly improved patient compliance through an efficient 505(b) (2) regulatory pathway strategy. LPCN 1021 is an oral testosterone replacement product candidate with positive topline Phase 3 efficacy results and is currently in an ongoing safety extension phase. The product is targeted to treat symptoms of low testosterone for hypogonadal men in need of testosterone replacement therapy. We believe LPCN 1021 is a safer alternative to current non-orals; reliably restores and maintains testosterone levels; is more convenient than currently marketed products and has the potential to improve patient’s therapy, adherence and retention. LPCN 1111 is a novel next generation oral testosterone product candidate currently in Phase 2 with successful demonstration for once daily oral dosing for testosterone replacement therapy. LPCN 1107 is targeted to be the first oral hydroxyprogesterone caproate product candidate indicated for the prevention of recurrent preterm birth and is currently in Phase 1.
Company Growth (employees)
Type
Public
HQ
Salt Lake City, US
Founded
1997
Size (employees)
14 (est)
Lipocine was founded in 1997 and is headquartered in Salt Lake City, US

Key People/Management at Lipocine

Mahesh Patel

Mahesh Patel

Chairman, President and Chief Executive Officer
Morgan Brown

Morgan Brown

Executive Vice President and Chief Financial Officer
Greg Bass

Greg Bass

Executive Vice President and Chief Commercial Officer
Jyrki Mattila

Jyrki Mattila

Executive Vice President and Chief Business Officer
Anthony DelConte

Anthony DelConte

Chief Medical Director

Lipocine Office Locations

Lipocine has an office in Salt Lake City
Salt Lake City, US (HQ)
202 675 Arapeen Dr
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Lipocine Financials and Metrics

Lipocine Financials

USD

Net income (Q3, 2017)

(4.7 m)

EBIT (Q3, 2017)

(4.8 m)

Market capitalization (22-Dec-2017)

167.5 m

Cash (30-Sep-2017)

9.3 m
Lipocine's current market capitalization is $167.5 m.
USDY, 2013FY, 2016

R&D expense

8.1 m

General and administrative expense

10.4 m

Operating expense total

18.5 m

EBIT

(10.7 m)(19.2 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

R&D expense

1.6 m3.4 m6 m3.2 m1.9 m3.2 m4.7 m2.7 m2.6 m1.5 m3.1 m4.1 m

General and administrative expense

1.2 m1.9 m1 m871.8 k1.1 m1.1 m1.7 m4.4 m3.2 m1.4 m1.8 m2 m

Operating expense total

2.8 m5.3 m7 m4.1 m3 m4.3 m6.4 m7.1 m5.8 m3.3 m4.9 m6.1 m4.8 m

EBIT

(3.5 m)(5.3 m)(7 m)(4.1 m)(3 m)(4.3 m)(6.4 m)(7.1 m)(5.8 m)(3.3 m)(4.9 m)(6.1 m)(4.8 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

45.3 m27.7 m20 m5.6 m

Current Assets

46 m27.9 m44.9 m27.2 m

PP&E

28.8 k

Total Assets

46.1 m28 m45.4 m27.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

36.8 m41.8 m34.2 m31.7 m24.8 m38.3 m23.9 m14.1 m12.4 m4.7 m6.9 m16.6 m9.3 m

Current Assets

37.1 m42 m35.4 m32 m25 m44.1 m42.3 m38.6 m33.2 m29.4 m27.1 m27.9 m26.1 m

Total Assets

37.2 m42.1 m35.5 m32 m25.1 m53.8 m48.4 m38.8 m33.3 m29.6 m27.2 m28 m26.3 m

Accounts Payable

1.5 m773 k641.8 k399.1 k379.5 k398.8 k456.8 k1.1 m989 k865 k853.5 k1.1 m803.8 k
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    (10.6 m)(20.4 m)(18.2 m)(19 m)

    Depreciation and Amortization

    21.8 k14.6 k26.7 k32 k

    Accounts Payable

    668.8 k(449.6 k)200.8 k(261.2 k)

    Purchases of PP&E

    (1.2 k)(59.6 k)(28.7 k)(59.7 k)
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017

    Net Income

    (3.5 m)(5.3 m)(7 m)(4.1 m)(3 m)(4.2 m)(6.4 m)(7 m)(5.8 m)(3.2 m)(4.9 m)(4.7 m)

    Accounts Payable

    641.8 k399.1 k379.5 k398.8 k456.8 k1.1 m989 k865 k853.5 k803.8 k
      Y, 2017

      Financial Leverage

      1.1 x
      Show all financial metrics

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