Oramed Pharmaceuticals Inc. (ORMP)
Oramed Pharmaceuticals Inc. operates in the Biotechnology industry of the Healthcare sector, headquartered in New York City, NY, US. The stock last traded at $4.25, up 1.19% on the session, giving a market capitalisation of $173.9M. On trailing twelve-month figures it carries a trailing P/E of 1.00, a net margin of 0.0%. Its beta of 1.16 implies it has historically moved more than the broad market.
Oramed Pharmaceuticals Inc., founded in 2002 and based in New York, New York, specializes in the development of groundbreaking pharmaceutical treatments. Their primary focus is on creating orally ingested capsules or pills for the delivery of polypeptides, particularly aimed at managing diabetes. The company's leading product, ORMD-0801, is an oral insulin capsule that has successfully completed Phase II clinical trials for patients with diabetes. Oramed is also advancing ORMD-0901, an oral glucagon-like peptide-1 (GLP-1) capsule, which has concluded Phase I clinical trials for the treatment of type 2 diabetes. Additionally, an oral leptin capsule for weight loss is currently under development. The firm was originally incorporated as Integrated Security Technologies, Inc., before officially changing its name to Oramed Pharmaceuticals Inc. in April 2006.
Oramed Pharmaceuticals Inc. is most often compared with the following Healthcare names: