Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

IntelGenx Technologies Corp. (T:IGX)

Business Focus: Generic Pharmaceuticals

Sector:  Healthcare Industry:  Pharmaceuticals
 
Company Contact
Address: 6420 Abrams St
SAINT-LAURENT QC H4S 1Y2
Tel: 1-514-3317440
Website: https://www.intelgenx.com
IR: See website
Key People
Horst G. Zerbe
Chairman of the Board
Andre Godin
President, Chief Financial Officer
Dwight Gorham
Chief Executive Officer
Tommy Kenny
Vice President - Intellectual Property and Legal Affairs, General Counsel of IntelGenx Corp
David Kideckel
Senior Vice President, Head of Corporate Development and Strategic Alliances of IntelGenx Corp
Nadine Paiement
Vice President - Research and Development of IntelGenx Corp
Ingrid Zerbe
Corporate Secretary
   
Business Overview
IntelGenx Technologies Corp. is a Canada-based drug delivery company. The Company provides single-site, end-to-end contract development and manufacturing services of oral thin film and transdermal drug products for the pharmaceutical and animal health markets, spanning the entire drug development and commercial product cycle. The Company's film technologies, including VersaFilm, DisinteQ, VetaFilm and transdermal VevaDerm, allows for pharmaceutical products that address unmet medical needs. It provides comprehensive pharmaceuticals services to pharmaceutical partners, including research and development (R&D), analytical method development, clinical monitoring, IP and regulatory services. Its manufacturing facility offers full service by providing lab-scale to pilot- and commercial-scale production. Its product portfolio includes Migraine (Rizatriptan), Erectile Dysfunction (Tadalafil), Schizophrenia (Lozapine), Neurodegenerative, Opioid Dependence (Buprenorphine / Naloxone) and others.
Financial Overview
For the fiscal year ended 31 December 2023, IntelGenx Technologies Corp. revenues increased 9% to $1M. Net loss decreased 7% to $9.9M. Revenues reflect Sales milestone revenue segment increase from $0K to $125K, Research and development agreements segment increase of 7% to $884K, Europe segment increase of 20% to $840K, United States segment increase of 33% to $193K. Lower net loss reflects Interest income increase from $4K to $41K
Employees: 48 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $59.35M as of Dec 31, 2023
Annual revenue (TTM): $1.42M as of Dec 31, 2023
EBITDA (TTM): -$11.94M as of Dec 31, 2023
Net annual income (TTM): -$13.58M as of Dec 31, 2023
Free cash flow (TTM): -$9.18M as of Dec 31, 2023
Net Debt Last Fiscal Year: $17.43M as of Dec 31, 2023
Shares outstanding: 174,658,096 as of Mar 21, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization