View Past PerformanceNutriband 대차대조표 건전성재무 건전성 기준 점검 4/6Nutriband 의 총 주주 지분은 $6.7M 이고 총 부채는 $164.7K, 이는 부채 대 자기자본 비율을 2.5% 로 가져옵니다. 총자산과 총부채는 각각 $7.5M 및 $868.4K 입니다.핵심 정보2.47%부채/자본 비율US$164.73k부채이자보상배율n/a현금US$4.57m자본US$6.68m총부채US$868.45k총자산US$7.55m최근 재무 건전성 업데이트공시 • May 03Nutriband Inc. announced delayed annual 10-K filingOn 05/01/2024, Nutriband Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.분석 기사 • Mar 31Is Nutriband (NASDAQ:NTRB) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Sep 13Is Nutriband (NASDAQ:NTRB) Weighed On By Its Debt Load?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Oct 06Does Nutriband (NASDAQ:NTRB) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...모든 업데이트 보기Recent updates공시 • May 16Active Intelligence and Nutriband Inc. Showcases Expanding Ai Wellness Product Portfolio and Announces New June Product Launches At Ecrm ConferenceNutriband Inc. and its wholly owned subsidiary Active Intelligence announced its participation in the upcoming ECRM conference taking place in June 2026, where the Company will showcase its latest AI-branded product portfolio to buyers and executives from some of the nation’s largest retail and healthcare organizations. During the conference, Active Intelligence is scheduled to meet with category buyers and decision-makers representing major national retailers and distributors, including Walmart, Walgreens, Amazon, Cardinal Health, and numerous additional retail, pharmacy, healthcare, and e-commerce channels. The Company will feature its growing AI Tape product line, which continues to gain traction within the wellness, recovery, and athletic performance categories. In addition, Active Intelligence plans to introduce several new products scheduled for launch in June 2026, including: AI Performance Tape—a next-generation kinesiology and recovery product designed to support athletic performance, mobility, muscle recovery, and active lifestyles; AI Energy Patches—innovative wearable wellness patches formulated to support energy, focus, and daily performance; and AI Sleep—a wellness-focused solution developed to support relaxation, recovery, and improved sleep quality. The Company believes these new additions further strengthen its position within the rapidly expanding global wellness market and broaden its opportunities for national retail placement across multiple high-growth consumer categories.Reported Earnings • May 05Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: US$2.58 loss per share (further deteriorated from US$0.99 loss in FY 2025). Revenue: US$2.04m (down 4.8% from FY 2025). Net loss: US$30.0m (loss widened 187% from FY 2025). Revenue missed analyst estimates by 25%. Earnings per share (EPS) exceeded analyst estimates by 58%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.공시 • Mar 18Nutriband Ai Kinesiology Tapes Approves for Distribution and Sale in Costa RicaNutriband Inc. announced that The Costa Rica Ministry of Health has approved the Company’s line of Kinesiology Tapes for import and Sale. Innomedica CCB, the company’s exclusive distribution partner for Costa Rica oversaw and financed the regulatory approval process. The Company, partnering with Innomedica plans to begin ramping up marketing efforts for these products and its mosquito repellant patch line following this latest approval.공시 • Feb 04Nutriband Inc. Announces Election of New DirectorsNutriband Inc. announced that Following the completion of the shareholder meeting, the Board of Directors, at its Annual Meeting, elected the following two new directors to the Company’s Board of Directors, to serve and hold office until the next annual meeting of stockholders, or until their earlier resignacingn or removal from office. Alessandro Puddu, age 42, is an Italian Chartered Accountant and Statutory Auditor with a practice of audit, corporate advisory and financial reporting for industrial groups and listed companies. He advises companies on tax and corporate matters, company valuations, extraordinary corporate transactions and IAS/IFRS reporting, including consolidated financial statements. At the beginning of his career, he worked at PricewaterhouseCoopers as a Senior Auditor, reviewing Italian and multinational companies operating in various industrial sectors and is.enrolled in the Italian Register of Chartered Accountants (Dottori Commercialisti), the Register of Statutory Auditors held by the Italian Ministry of Economy and Finance, and the Register of Crisis & Insolvency Practitioners, and he has a Master’s Degree in Economics and Management. Viorica Carlig, age 50, has been the manager of TII Jet Services LDA, an aircraft service company, and has professional management experience for a substantial period in the management and growth of companies in the aircraft industry and as well in the industry’s regulatory compliance requirements. She received Ph.D. in Economics in 1999, and a Masters Degree in Business Administration from the Bucharest Academy of Economic Studies in 2006 and 1999, respectively. She further received Bachelor Degrees in Law and Commerce from the University of Bucharest and the Bucharest Academy of Economic Studies, in 2002 and 1998, respectively.New Risk • Dec 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.6m free cash flow). Earnings have declined by 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$2.3m revenue). Market cap is less than US$100m (US$67.7m market cap).공시 • Dec 30EarthVision Bio Solutions Inc. signed an agreement to acquire 90% stake in Pocono Pharmaceuticals, Inc. from Nutriband Inc. (NasdaqCM:NTRB) for $5 million.EarthVision Bio Solutions Inc. signed an agreement to acquire 90% stake in Pocono Pharmaceuticals, Inc. from Nutriband Inc. (NasdaqCM:NTRB) for $5 million on December 29, 2025. Nutriband Inc. Shareholders will retain 10% of the shareholding in Earth Vision Bio following the acquisition. The expected completion of the transaction is December 31, 2025. Nutriband inc. will use the proceeds from the sale of Pocono Pharma towards its continued development of AVERSA Fentanyl.공시 • Dec 22Nutriband Inc., Annual General Meeting, Jan 24, 2026Nutriband Inc., Annual General Meeting, Jan 24, 2026. Location: 400 west church street, city national hourglass room, fl 32801, orlando, United StatesNew Risk • Dec 11New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$5.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.6m free cash flow). Earnings have declined by 44% per year over the past 5 years. Minor Risks Revenue is less than US$5m (US$2.3m revenue). Market cap is less than US$100m (US$58.8m market cap).Reported Earnings • Dec 11Third quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2026 results: US$0.32 loss per share (further deteriorated from US$0.12 loss in 3Q 2025). Revenue: US$346.1k (down 46% from 3Q 2025). Net loss: US$3.87m (loss widened 184% from 3Q 2025). Revenue missed analyst estimates by 49%. Earnings per share (EPS) exceeded analyst estimates by 85%. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • Oct 28Nutriband Announces Successful Meeting Completed with United States Fda for Its Abuse Deterrent Fentanyl PatchNutriband Inc. announced that it has received final meeting minutes from its recent virtual face-to-face meeting held on September 18, 2025 with the United States Food and Drug Administration (US FDA) for its lead product, AVERSA™? FENTANYL (abuse deterrent fentanyl transdermal system). The meeting was held as a videoconference with the Division of Anesthesiology, Addiction Medicine, and Pain Medicine (DAAP) in the Office of Neuroscience (ON), Center for Drug Evaluation and Research (CDER). The proposed indication is management of pain in opioid-tolerant patients, severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternate treatment options are inadequate. The purpose of the meeting was to specifically provide feedback on the Chemistry, Manufacturing, and Controls (CMC) plans for the product from submission of an Investigational New Drug Application (IND) through approval of a 505(b)(2) New Drug Application (NDA). The main outcomes of the meeting were: The FDA confirmed that the regulatory pathway for the product is a 505(b)(2), NDA and provided guidance on the relied upon reference listed drug and bridging strategy. FDA provided expectations and constructive feedback on the registration batch plan and manufacturing process validation strategy for NDA submission. FDA discussed various considerations and advice for the finalization of the product specifications and stability testing plans for the clinical and commercial products. FDA provided feedback on the planned laboratory-based in vitro manipulation and extraction studies (Category1) to be conducted to fully characterize the product's abuse-deterrent properties, including the degree of effort required by an abuse to bypass or defeat those properties. In the past, the FDA has put out several warnings on the risks of fentanyl patchaccidental exposure, particularly in children, but to date there have not been any abuse deterrent fentanylpatches approved in the U.S, or in any other country to knowledge. Nutriband is partnering with Kindeva to develop AVERSA™? FentANYL which combines Nutriband's AVERSA™? abuse-deterrent technology with Kindeva's FDA-approved fentanyl patch. FDA Consumer Update: Accidental Exposures to Fentanyl Patches Continue to Be deadly to Children. FDA Drug Safety Communication: FDA requiring color changes to Duragesic (fentanyl) pain patches to aid safety--em emphasizing that accidental exposure to used patches can cause death (2013). With best-in-class facilities and comprehensive CDMO services, offer more than manufacturing--we deliver strategic value. The Company's actual results may differ materially from those anticipated in its forward-looking statements as a result of a num ber of factors, including those including the Company's ability to develop its proposed abuse-deterrent fentanyl transdermal system and other proposed products, its ability to obtain patent protection for its abuse technology, its ability to obtain the necessary financing to develop products and conduct the necessary clinical testing, its ability to obtain Federal Food and Drug Administration approval to market any product it may develop in the United States and to obtain any other regulatory approval necessary to market any product in other countries, including countries in Europe, its ability to market any product it may developed, its ability to create, sustain, manage or forecast its growth; its ability to attract and retain key personnel; changes in the Company's business strategy or development plans; competition; business disruptions; adverse publicity; and adverse publicity; and the Company's plans.공시 • Oct 27Nutriband Announces CEO ChangesNutriband Inc. announced that Company founder, Gareth Sheridan has returned as Company CEO. During the period of August 10 until October 27, Co-Founder and Chairman, Serguei Melnik had taken over the responsibilities of CEO. Mr. Sheridan has returned to the position of CEO effective immediately and will guide the company through the final 2025 framework towards the target NDA filing in 2026 for AVERSA Fentanyl.공시 • Oct 08Nutriband Files Provisional Patent Application for Enhanced Transdermal Abuse Deterrent TechnologyNutriband Inc. announced that it has filed a provisional patent application with the U.S. Patent and Trademark Office (USPTO) to further strengthen Nutriband's intellectual property protection for its AVERSA™? abuse deterrent transdermal technology. The provisional patent application covers improved aversive formulations and coating application methods to enhance the abuse deterrent properties of Nutriband's AVERSA™? transdermal technology and make it even more difficult to defeat. If this provisional patent application is converted into a non-provisional patent application and a new patent is subsequently granted, it could significantly extend the patent protection for products that utilize Nutriband's AverSA™? abuse deterrent technology as the statutory patent term of a US patent is 20 years from the non-provisional filing date. The AVERSA™? abuse deterrent technology is protected by a broad international intellectual property portfolio with patents issued in 46 countries including the United States, Europe, Japan, Korea, Russia, China, Canada, Mexico, and Australia. Nutriband's AVER SA™? abuse-deterrent technology can be utilized to incorporate aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential including opioids and stimulants. The AVERSA™®? abuse-deterrent Technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as opioids, while making sure that these drugs remain accessible to those patients who really need them.Reported Earnings • Sep 10Second quarter 2026 earnings: EPS and revenues miss analyst expectationsSecond quarter 2026 results: US$2.12 loss per share (further deteriorated from US$0.15 loss in 2Q 2025). Revenue: US$622.5k (up 41% from 2Q 2025). Net loss: US$23.8m (loss widened US$22.1m from 2Q 2025). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates significantly. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.공시 • Aug 12Nutriband Inc. Announces CEO ChangesNutriband Inc. has announced that Company CEO, Gareth Sheridan will be stepping aside from his role for three months to enter the Irish Presidential election. The Nomination Hearings followed by the Election will take place over the course of September and October. During this period, Co-Founder and Chairman, Serguei Melnik will take over the responsibilities of CEO and guide the company through the final 2025 framework towards the target NDA filing in 2026. Mr. Melnik, a corporate strategy expert will continue to execute the Company’s strategic development and focus on shareholder value. Mr. Melnik has over 20 years experience in Capital markets.공시 • Aug 08Fda Grants Nutriband Meeting Request for Aversa™? Fentanyl Abuse Deterrent Fentanyl PatchNutriband Inc. announced that the United States Food and Drug Administration (US FDA) has granted a Type C Meeting for its lead product, AVERSA FENTANYL (abuse deterrent transdermal system). The purpose of the meeting is to specifically provide feedback on the Chemistry, Manufacturing, and Controls (CMC) plans for the product from submission of an Investigational New Drug Application (IND) through approval of a 505(b)(2) New Drug Application (NDA) and subsequent commercialization. The meeting is scheduled as a virtual face-to-face meeting to be held on September 18, 2025 with the Division of Anesthesiology, Addiction Medicine, and Pain Medicine (DAAP) in the Office of Neuroscience (ON), Center for Drug Evaluation and Research (CDER). Nutriband is partnering with Kindeva to develop AVERSA™? FENTANYL which combines Nutriband's AVERSA™? abuse-deterrent technology with Kindeva's FDA-approved fentanyl patch. Nutriband's AVER SA™? abuse-deter Brent technology can be utilized to incorporate aversive agents into transdermalpatches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential including opioids and stimulants. The AVERSA™? Abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl, while making sure that these drugs remain accessible to those patients who really need them. Any material contained in or derived from the Company's websites or any other website is not part of this press release.공시 • Jun 18Nutriband and Kindeva Complete Commercial Manufacturing Process Scale-Up for Aversa™? Fentanyl Abuse Deterrent Fentanyl PatchNutriband Inc. announced that it has completed commercial manufacturing process scale-up for its lead product, Aversa Fentanyl, with Kindeva, a leading global contract development and manufacturing organization (CDMO) focused on drug-device combination products. Nutriband is partnering with Kindeva to develop Aversa Fentanyl which combines Nutriband's Aversa™? abuse-deterrent technology with Kindeva's FDA-approved fentanyl patch. Aversa Fentanyl is manufactured at Kindeva's transdermal manufacturing facility located in the United States. The next step is to manufacture clinical supplies and file an Investigational New Drug (IND) application with the FDA to initiate a human abuse liability clinical study. Completing the commercial manufacturing scale-up is an important step towards development of a commercially viable product and event NDA filing. This achievement demonstrates the compatibility of the Aversa™? abuse deterrent platform technology with established transdermal patch manufacturing processes. Aversa Fentanyl has the potential to be the first abuse deterrent pain patch on the market.공시 • Jun 02Nutriband Inc. Provides Update on the Development of AVERSA FentanylNutriband Inc. reports that the progress continues on the development of AVERSA Fentanyl, with the Company formalizing an exclusive product development partnership with Kindeva Drug Delivery. The formalized partnership with Kindeva Drug Delivery reflects a commitment to shared development costs in exchange for milestone payments, enabling Nutriband to advance its innovative transdermal drug delivery solutions towards regulatory approval and commercialization. AVERSA Fentanyl has the potential to be the world’s first abuse-deterrent opioid patch designed to deter the abuse and misuse and reduce the risk of accidental exposure of transdermal fentanyl patches. AVERSA Fentanyl has the potential to reach peak annual US sales of $80 million to $200 million.Reported Earnings • Jun 02First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: US$0.13 loss per share (improved from US$0.21 loss in 1Q 2025). Revenue: US$667.4k (up 63% from 1Q 2025). Net loss: US$1.39m (loss narrowed 27% from 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.New Risk • May 02New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$4.7m free cash flow). Earnings have declined by 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (US$2.1m revenue). Market cap is less than US$100m (US$70.1m market cap).New Risk • Apr 29New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$4.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$4.7m free cash flow). Minor Risks Revenue is less than US$5m (US$2.1m revenue). Market cap is less than US$100m (US$64.9m market cap).Reported Earnings • Apr 29Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: US$0.99 loss per share (further deteriorated from US$0.69 loss in FY 2024). Revenue: US$2.14m (up 2.6% from FY 2024). Net loss: US$10.5m (loss widened 91% from FY 2024). Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) also missed analyst estimates by 65%. Revenue is forecast to grow 84% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Pharmaceuticals industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.공시 • Feb 11Nutriband Inc. Appoints Anastasia Nichita to Product Advisory BoardNutriband Inc. announced World and European Wrestling Gold medalist and Olympic Silver medalist Anastasia Nichita has been appointed to its Product Advisory Board to expand the Nutriband Brand and promote it’s over the counter sports and consumer products internationally.New Risk • Jan 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risks Revenue is less than US$5m (US$2.0m revenue). Market cap is less than US$100m (US$81.5m market cap).분석 기사 • Jan 17Most Shareholders Will Probably Find That The Compensation For Nutriband Inc.'s (NASDAQ:NTRB) CEO Is ReasonableKey Insights Nutriband will host its Annual General Meeting on 23rd of January Total pay for CEO Gareth Sheridan...공시 • Dec 27Nutriband Inc. Extends Chinese Patent to Macao for its AVERSA™ Abuse Deterrent Transdermal TechnologyNutriband Inc. announced that it has completed the registration requirements to extend its Chinese patent to Macao for its patent entitled, “Abuse and Misuse Deterrent Transdermal Systems,” which protects its AVERSA™ abuse deterrent transdermal technology. The Macao IP Office has assigned number J/9010 to the patent with an entry date of December 17, 2024. Macao is a Special Administrative Region (SAR) of the People’s Republic of China which affords it a high degree of autonomy with its own patent system and patent laws which are separate and distinct from those of mainland China. The Aversa™ abuse deterrent technology is now covered by a broad international intellectual property portfolio with patents issued in 46 countries including the United States, Europe, Japan, Korea, Russia, China, Canada, Mexico, and Australia as well as two regions of China: Hong Kong and Macao. Nutriband’s AVERSA™ abuse-deterrent technology incorporates aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential including opioids and stimulants. The AVERSA™ abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse while making sure that these drugs remain accessible to those patients who really need them. Nutriband is currently working with its partner Kindeva Drug Delivery (formerly 3M drug delivery systems), a leading global contract development and manufacturing organization focused on drug-device combination products, to develop its lead product, AVERSA™ Fentanyl, which incorporates Nutriband’s AVERSA™ abuse-deterrent transdermal technology into Kindeva’s FDA-approved transdermal fentanyl patch system. AVERSA Fentanyl has the potential to be the world’s first abuse-deterrent opioid patch designed to deter the abuse and misuse and reduce the risk of accidental exposure of transdermal fentanyl patches. AVERSA Fentanyl has the potential to reach peak annual US sales of $80 million to $200 million. About AVERSA™ Abuse-Deterrent Transdermal Technology: Nutriband's AVERSA™ abuse-deterrent transdermal technology incorporates aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential. The AVERSA™ abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl, while making sure that these drugs remain accessible to those patients who really need them. The technology is covered by a broad intellectual property portfolio with patents granted in the United States, Europe, Japan, Korea, Russia, China, Canada, Mexico, and Australia.공시 • Dec 20Nutriband Inc., Annual General Meeting, Jan 23, 2025Nutriband Inc., Annual General Meeting, Jan 23, 2025. Location: 400 west church street, city national hourglass room, fl 32801, orlando, United StatesReported Earnings • Dec 05Third quarter 2025 earnings released: US$0.12 loss per share (vs US$0.23 loss in 3Q 2024)Third quarter 2025 results: US$0.12 loss per share (improved from US$0.23 loss in 3Q 2024). Revenue: US$645.8k (up 51% from 3Q 2024). Net loss: US$1.36m (loss narrowed 23% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공시 • Oct 17Nutriband Inc.'s Mosquito Repellent Patch Approved by Ministry of Health of Costa RicaNutriband Inc. announced that it has received approval from the Costa Rica Ministry of Health for the production and marketing of its Mosquito Repellent Patch, designed to reduce the risk of mosquito bites and associated health risks associated with exposure to mosquito bites. The Company intends to further expand distribution throughout South and Central America. The Nutriband insect Repellent Patch contains simple natural ingredients which are used to mask human odors that are attractive to insects. Recommended wear sites include exposed areas of skin such as the neck, arms and leg. The active ingredient in the Nutriband Mosquito Repellent patch is similar to what is used in mosquito patches that were approved in Africa based on extensive safety and efficacy testing with a goal to reduce the spread of malaria and HIV. Specific country approvals in Africa included Ghana, Nigeria and the Ivory Coast. Nutriband Inc.'s wholly owned contract manufacturing subsidiary, Pocono Pharmaceutical will act as exclusive manufacturer for the product.공시 • Sep 24Nutriband Receives China Patent Notice of Allowance for Its Aversa(TM) Abuse Deterrent Transdermal TechnologyNutriband Inc. announced that it has received a Notice of Allowance from the Chinese National Intellectual Property Administration (CNIPA) for patent application entitled, "Abuse and Misuse Deterrent Transdermal Systems," which protects its AVERSA™ abuse deterrent transdermal technology. The Aversa™ abuse deterrent technology is now covered by a broad international intellectual property portfolio with patents issued in 46 countries including the United States, Europe, Japan, Korea, Russia, Mexico, Canada, Australia, and China. Nutriband's AVERSA™ abuse-deterrent technology incorporates aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential including opioids and stimulants. The AVERSA™ abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse while making sure that these drugs remain accessible to those patients who really need them. Nutriband abuse-deterrent transdermal technology consists of a proprietary aversive agent coating that employs taste aversion to deter the oral abuse of and accidental exposure to transdermal opioid and stimulant patch products. Preliminary studies have shown that the coating is very difficult to scrape off and the technology has a patented immediate and extended-release profile which presents an additional layer of deterrence to prevent the aversive layer from easily being washed off in an attempt to separate the drug from the aversive agents. Nutriband is currently working with its partner Kindeva Drug Delivery, a leading global contract development and manufacturing organization focused on drug-device combination products, to develop its lead product, AVERSA™ Fentanyl, which incorporates Nutriband's AVERSA™ abuse-deterrent transdermal technology into Kindeva's FDA-approved transdermal fentanyl patch system. AVERSA Fentanyl has the potential to be the world's first abuse-deterrent opioid patch designed to deter the abuse and misuse and reduce the risk of accidental exposure of transdermal fentanyl patches. AVERSA Fentanyl has the potential to reach annual US sales of $80 million to $200 million.공시 • Sep 19Nutriband Inc. (NasdaqCM:NTRB) announces an Equity Buyback for $1 million worth of its shares.Nutriband Inc. (NasdaqCM:NTRB) announces a share repurchase program. Under the program, the company will repurchase up to $1 million worth of its common stock. As of September 16, 2024, the company had 11,106,185 shares of common stock outstanding.Reported Earnings • Sep 05Second quarter 2025 earnings released: US$0.15 loss per share (vs US$0.11 loss in 2Q 2024)Second quarter 2025 results: US$0.15 loss per share (further deteriorated from US$0.11 loss in 2Q 2024). Revenue: US$442.8k (down 33% from 2Q 2024). Net loss: US$1.71m (loss widened 106% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.공시 • Jun 21Nutriband Inc. Provides Product Development Update for its Lead Product Aversa FentanylNutriband Inc. provided an update on its Aversa Fentanyl product development program to shareholders as it aims to complete scale-up of the commercial manufacturing process and move towards the single Phase 1 human abuse potential study prior to NDA filing. As previously reported, the Company with its partner Kindeva Drug Delivery completed the feasibility agreement and entered into a commercial development and clinical supply agreement to manufacture product for the human abuse potential clinical study in support of a New Drug Application (NDA) to be submitted to FDA. The feasibility agreement was focused on adapting Kindeva's commercial transdermal manufacturing process to incorporate AVERSA™ abuse deterrent transdermal technology. Nutriband is currently working with its partner Kindeva Drug Delivery to develop the commercial scale manufacturing process for the final product which will incorporate Nutriband's AVERSA abuse-deterrent transdermal technology into Kindeva's FDA-approved transdermal fentanyl patch system. Recently, Kindeva Drug Delivery completed the validation of the aversive agent cleaning analytical methods required to allow work with the aversive agents, denatonium benzoate and capsaicin, on the commercial manufacturing line. Once the final commercial product manufacturing process is completed, Nutriband intends to file an IND with the FDA and perform the pivotal laboratory and clinical evaluations to demonstrate the abuse-deterrent properties of AVERSA Fentanyl, in compliance with FDA Guidance. Nutriband will file an Investigational New Drug (IND) application with the FDA prior to conducting the single Phase 1 human abuse potential clinical study required for its NDA. The IND will include the chemistry, manufacturing, and controls (CMC) information for the commercial product as well as the clinical study protocol for the human abuse potential study. No Phase 2 or phase 3 Clinical Trials are required prior to submitting for approval. AVERSA(TM) Fentanyl is estimated to have the potential to reach peak annual US sales of $80 million to $200 million, according to a market analysis report from Health Advances. The pivotal laboratory assessment to be conducted is a series of in vitro manipulation and extraction studies designed to determine if the potentially abuse-deterrent properties of the product can be defeated or compromised based on physical and chemical manipulation of the product. Preliminary studies conducted to date have shown that the AVERSA technology is very difficult to defeat by various physical or chemical means. The pivotal clinical study is a human abuse potential study performed to assess the impact of the potentially abuse-deterrent properties in a drug-experienced, recreational user population. The human abuse potential study is a randomized, double-blind, placebo-controlled and positive controlled crossover study comparing AVERSA Fentanyl to the currently marketed fentanyl patch which does not contain abuse-deterrent technology. The success of the human abuse potential study is based on the assessment drug liking using various instruments that are predictive of the likelihood of abuse. Nutriband's AVERSA abuse-deterrent technology incorporates aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential. The AVERSA abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl while making sure that these drugs remain accessible to those patients who really need them. The technology is covered by a broad intellectual property portfolio with patents granted in the United States, Europe, Japan, Korea, Russia, Canada, Mexico, and Australia.공시 • May 19Nutriband Inc. Appoints Sergei Glinka to Its Board of DirectorsNutriband Inc. announced the appointment of Sergei Glinka to its board of directors. Glinka is a seasoned and highly respected business executive with an impressive track record in leadership roles across major European companies. Mr. Glinka, an Estonian citizen, is an experienced and highly regarded businessman who has held numerous Executive and Board positions in large European Companies providing Glinka with deep insights and networks across various industries in Europe. Currently Mr. Glinka serves on the Boards of European Companies including Automecanica Skb Property Srl., GST Investments OU and TG Biochemicals Ltd. As the seventh member of Nutriband's board of directors, Glinka is poised to facilitate new licensing and networking opportunities throughout Europe as Nutriband aims to expand its AVERSA technology internationally. Currently, AVERSA is patented in 45 countries, including all EU countries and the UK.공시 • May 03Nutriband Inc. announced delayed annual 10-K filingOn 05/01/2024, Nutriband Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.Reported Earnings • May 02Full year 2024 earnings released: US$0.69 loss per share (vs US$0.53 loss in FY 2023)Full year 2024 results: US$0.69 loss per share (further deteriorated from US$0.53 loss in FY 2023). Revenue: US$2.09m (flat on FY 2023). Net loss: US$5.49m (loss widened 22% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.공시 • Apr 25Nutriband Inc. announced that it expects to receive $8.4 million in fundingNutriband Inc. announced that it has entered into definitive securities purchase agreements for the purchase and sale of an aggregate of 2,100,000 shares of common stock at a price of $4 per share for the aggregate gross proceeds of $8,400,000 on April 23, 2024.분석 기사 • Mar 31Is Nutriband (NASDAQ:NTRB) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • Mar 30Nutriband Inc. Provides Clinical and Regulatory Path Overview for Lead Product - AVERSA(R) Fentanyl Transdermal PatchNutriband Inc. provided an overview of the clinical development and regulatory pathway for its lead product, AVERSA Fentanyl, an abuse-deterrent fentanyl transdermal patch. Nutriband has partnered with Kindeva Drug Delivery, a leading global contract development and manufacturing organization, to incorporate Nutriband's AVERSA abuse-deterrent transdermal technology into Kindeva's FDA-approved transdermal fentanyl patch system. As Nutriband's abuse-deterrent technology is incorporated into the fentanyl patch but is physically separate and does not come in contact with the drug layer, the clinical trials typically needed to demonstrate safety and efficacy for a new drug formulation are not required. Nutriband plans to utilize the 505(b)(2) New Drug Application (NDA) regulatory pathway which limits the development required for products that contain drugs that have already been approved, and allows applicants to reference data already on file at the FDA. As a result, the NDA application will be primarily based on a single Phase 1 human abuse potential clinical study with no Phase 2 or 3 clinical trials needed. A clinical abuse potential study is typically performed in recreational drug abuse and is designed to demonstrate that the abuse-deterrent product is less preferable to recreational drug abuse than conventional fentanyl patches which contain no abuse-deterrent technology. Following a successful Phase 1 clinical abuse potential study, Nutriband intends to file a 505(b)(2) NDA to the FDA for marketing approval of AVERSA Fentanyl, which has the potential to be the first and only abuse deterrent patch approved anywhere in the world. The AVERSA Fentanyl NDA has the potential to receive an expedited review by FDA as has been granted for certain abuse-deterrent oral opioid products, which shortens the regulatory review period to six months from the conventional 10-month FDA review cycle for NDAs. Combined, the clinical development and regulatory path for AVERSA Fentanyl is substantially limited compared to conventional pharmaceutical product development, requiring only a single clinical trial and, following a limited NDA pathway, undergoing an expedited review by the FDA. Nutriband is developing its proprietary AVERSA abuse deterrent transdermal technology to be incorporated into any transdermal patch that contains a drug with a risk of abuse, misuse, or accidental exposure. The Company's AVERSA product development pipeline includes abuse deterrent versions of currently approved and marketed transdermal patches containing fentanyl, buprenorphine and methylphenidate which are labeled with FDA-required warnings for the risk of abuse and misuse, as well as warnings against accidental exposure.공시 • Mar 26Nutriband Inc. Announces Data Supporting Need for Safer Abuse-Deterrent Transdermal Patches Presented At 2024 American Academy of Pain Medicine Annual MeetingNutriband Inc. announced that data on the incidence of transdermal patch abuse and accidental pediatric exposure was presented at the 2024 American Academy of Pain Medicine (AAPM) Annual Meeting on March 8, 2024. The American Academy of Pain Medicine (AAPM) is dedicated to advancing multidisciplinary pain care, education, advocacy, and research. The data indicate that transdermal patch abuse and accidental pediatric exposures to patches continue to be a serious problem resulting in major medical outcomes and death, suggesting an unmet need for safer abuse-deterrent versions of transdermal patches containing drugs with a risk of abuse, misuse or accidental exposure. Nutriband's lead product is AVERSA™ Fentanyl which combines Nutriband's proprietary AVERSA™ abuse-deterrent transdermal technology with an already FDA-approved transdermal fentanyl patch and has the potential to become the world's first opioid patch with abuse-deterrent properties. AVERSA™ Fentanyl is estimated to have the potential to reach peak annual US sales of $80 million - $200 million. Nutriband is developing its proprietary Aversa® abuse-deterrent transdermal technology which can be incorporated into any transdermal patch that contains any drug with a risk of abuse, misuse or accidental exposure. Its Aversa® product development pipeline includes abuse-deterrent versions of currently approved and marketed transdermal patches containing fentanyl, buprenorphine and methylphenidate which are labeled with FDA-required warnings for the risk of abuse and misuse, as well as warnings against accidental exposure. Transdermal patches are designed to provide an alternative route of administration for opioid or stimulant drugs that are prescribed for treatment of conditions such as chronic pain, opioid use disorder or attention deficit/hyperactivity disorder. Although transdermal versions offer improved pharmacokinetic delivery as well as patient convenience with wear times of up to 7 days, they contain an increased drug payload which can often be a target for recreational drug abusers or subject to accidental pediatric exposure, particularly with infants and toddlers. Abuse of opioids, and in particular fentanyl abuse and overdose, continues to be an epidemic which can lead to the abuse of prescription transdermal fentanyl and other opioid containing transdermal products. According to the FDA, accidental exposure to medication is a leading cause of poisoning in children. Young children, in particular, have died or become seriously ill after being exposed to a skin patch containing fentanyl, a powerful opioid pain reliever. Children can overdose on new and used fentanyl patches by putting them in their mouth or sticking the patches on their skin. This can cause death by slowing the child's breathing and decreasing the levels of oxygen in their blood. Nutriband abuse-deterrent transdermal technology consists of a proprietary aversive agent coating that employs taste aversion to deter the oral abuse of and accidental exposure to transdermal opioid and stimulant patch products. Preliminary studies have shown that the coating is very difficult to scrape off and the technology has a patented immediate and extended-release profile which presents an additional layer of deterrence to prevent the aversive layer from easily being washed off in an attempt to separate the drug from the aversive agents. The company engaged Rocky Mountain Poison & Drug Safety (RMPDS), a division of Denver Health and Hospital Authority, Denver, Colorado to determine the incidence of abuse and accidental pediatric exposure of transdermal patches containing drugs of abuse in the United States based on poison center data for the surveillance period 2018-2022. RMPDS utilized the Researched Abuse, Diversion and Addiction-Related Surveillance (RADARS®) System, a surveillance system that collects real-world safety and effectiveness data about prescription drugs. Key findings from the study include: Major medical outcome or death resulted from a notable proportion of fentanyl and buprenorphine patch intentional exposures and accidental pediatric exposures, Two deaths were reported due to abuse of fentanyl transdermal patches, Oral abuse accounted for 62.5% of all intentional abuse/misuse event reports for fentanyl patches (85.3% of non-dermal routes of abuse), and A notable proportion of accidental pediatric exposures to transdermal formulations resulted in major medical outcomes (fentanyl patches: 10.1%, buprenorphine patches: 16.7%).공시 • Mar 05Nutriband Inc. Announces Data on the Incidence of Transdermal Patch Abuse and Accidental Pediatric Exposure Will Be Presented At the 2024 American Academy of Pain Medicine Annual MeetingNutriband Inc. announced that data on the incidence of transdermal patch abuse and accidental pediatric exposure will be presented at the 2024 American Academy of Pain Medicine (AAPM) Annual Meeting to be held in Scottsdale, ArizonaMarch 7-10, 2024. The company engaged Rocky Mountain Poison & Drug Safety (RMPDS), a division of Denver Health and Hospital Authority, Denver, Colorado to determine the incidence of abuse and accidental pediatric exposure of transdermal patches containing drugs of abuse in the United States. RMPDS utilized the Researched Abuse, Diversion and Addiction-Related Surveillance (RADARS®) System, a surveillance system that collects real-world safety and effectiveness data about prescription drugs. Transdermal patches are designed to provide an alternative route of administration for opioid or stimulant drugs that are prescribed for treatment of conditions such as chronic pain, opioid use disorder or attention deficit/hyperactivity disorder. Although transdermal versions offer improved pharmacokinetic delivery as well as patient convenience with wear times of up to 7 days, they contain an increased drug payload which can often be a target for recreational drug abusers or subject to accidental pediatric exposure, particularly with infants and toddlers. Abuse of opioids, and in particular fentanyl abuse and overdose, continues to be an epidemic which can lead to the abuse of prescription transdermal fentanyl and other opioid containing transdermal products. According to the FDA, accidental exposure to medication is a leading cause of poisoning in children. Young children, in particular, have died or become seriously ill after being exposed to a skin patch containing fentanyl, a powerful opioid pain reliever. Children can overdose on new and used fentanyl patches by putting them in their mouth or sticking the patches on their skin. This can cause death by slowing the child's breathing and decreasing the levels of oxygen in their blood. Nutriband is developing its proprietary Aversa abuse deterrent transdermal technology which can be incorporated into any transdermal patch that contains any drug with a risk of abuse, misuse or accidental exposure. Its Aversa product development pipeline includes abuse deterrent versions of currently approved and marketed transdermal patches containing fentanyl, buprenorphine and methylphenidate which are labeled with FDA-required warnings for the risk of abuse and misuse, as well as warnings against accidental exposure. Nutriband's AVERSA abuse-deterrent transdermal technology can be utilized to incorporate aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential. The AVERSA abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl, while making sure that these drugs remain accessible to those patients who really need them. The technology is covered by a broad intellectual property portfolio with patents granted in the United States, Europe, Japan, Korea, Russia, Canada, Mexico, and Australia.New Risk • Jan 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.6m free cash flow). Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Revenue is less than US$5m (US$2.1m revenue). Market cap is less than US$100m (US$24.8m market cap).공시 • Dec 17Nutriband Inc., Annual General Meeting, Jan 21, 2024Nutriband Inc., Annual General Meeting, Jan 21, 2024, at 10:00 US Eastern Standard Time. Location: 400 West Church Street, City National Hourglass Room Orlando Florida United States Agenda: To elect six directors to the Corporation’s Board of Directors, each to hold office for a term expiring at the next Annual Meeting of Stockholders, or until his or her successor is elected and qualified, or until his or her earlier resignation or removal; to consider Ratification of Sadler, Gibb & Associates, LLC as the independent auditor to perform the audit of our consolidated financial statements for 2024; to hold an advisory vote to approve executive compensation; to hold an advisory vote on the frequency of future advisory votes on executive compensation; and to transact such other business as may properly come before the Annual Meeting and any adjournment or postponement thereof.Reported Earnings • Dec 14Third quarter 2024 earnings released: US$0.23 loss per share (vs US$0.14 loss in 3Q 2023)Third quarter 2024 results: US$0.23 loss per share (further deteriorated from US$0.14 loss in 3Q 2023). Revenue: US$427.8k (down 31% from 3Q 2023). Net loss: US$1.76m (loss widened 64% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.공시 • Nov 29Nutriband Inc. Expands its AI Kinesiology Tape Portfolio with the Launch of AI Tape Heating and CoolingNutriband Inc. announced the launch of its new Heating and Cooling Kinesiology Tape as part of its Active Intelligence (AI Tape) Brand portfolio. AI Tape Heating and Cooling provides all of the stretch, support, and benefits of traditional kinesiology tape, plus pain-relieving ingredients that provide both heating and cooling sensation for the temporary relief of minor aches and pains of muscles and joints. The Heating and Cooling product marks AI Tape's second product launched in the year 2023. All AI Tape products are manufactured in the USA at Nutriband's facility in Cherryville, North Carolina. The new AI Tape products are available for purchase on Amazon and company website.분석 기사 • Sep 13Is Nutriband (NASDAQ:NTRB) Weighed On By Its Debt Load?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Sep 12Second quarter 2024 earnings released: US$0.11 loss per share (vs US$0.12 loss in 2Q 2023)Second quarter 2024 results: US$0.11 loss per share (improved from US$0.12 loss in 2Q 2023). Revenue: US$655.9k (up 44% from 2Q 2023). Net loss: US$829.2k (loss narrowed 20% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.공시 • Jul 28Nutriband Inc. Launches AI Tape Brand Direct- to Consumer OfferingsNutriband Inc. announced the launch of its consumer sports recovery tape brand, Active Intelligence AI Tape ("AI Tape"), with products now available for purchase on Amazon and Activeintell.com. AI Tape is designed to combine many of the traditional benefits of kinesiology tape with the addition of clothing and therapeutic ingredients held in suspension with a proprietary adhesive mix. AI Tape is manufactured in the USA at the Company's Pocono Pharmaceutical facility in North Carolina.New Risk • Jun 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.0m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 14% per year over the past 5 years. Minor Risks Revenue is less than US$5m (US$2.1m revenue). Market cap is less than US$100m (US$18.9m market cap).Reported Earnings • Jun 12First quarter 2024 earnings released: US$0.13 loss per share (vs US$0.075 loss in 1Q 2023)First quarter 2024 results: US$0.13 loss per share (further deteriorated from US$0.075 loss in 1Q 2023). Revenue: US$476.9k (flat on 1Q 2023). Net loss: US$1.02m (loss widened 47% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.Reported Earnings • Apr 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: US$0.53 loss per share (improved from US$0.80 loss in FY 2022). Revenue: US$2.08m (up 46% from FY 2022). Net loss: US$4.48m (loss narrowed 30% from FY 2022). Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 36%. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 29% per year.공시 • Dec 30Nutriband Inc. to Officially Launch AI Tape brand in First Quarter 2023Nutriband Inc. announced that it has begun production of its AI Tape brand with an expected launch of the product line in First Quarter 2023. AI Tape is designed to share many of the benefits of traditional Kinesiology Tape. AI Tape further adds soothing and therapeutic ingredients held in suspension with a proprietary adhesive mix. AI Tape is manufactured in the USA at the Company's Pocono Pharmaceutical facility in North Carolina.Major Estimate Revision • Dec 09Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 expected loss increased from -US$0.32 to -US$0.39 per share. Revenue forecast unchanged at US$2.23m. Pharmaceuticals industry in the US expected to see average net income growth of 5.2% next year. Consensus price target of US$18.00 unchanged from last update. Share price fell 3.8% to US$3.75 over the past week.Reported Earnings • Dec 03Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: US$0.14 loss per share (improved from US$0.23 loss in 3Q 2022). Revenue: US$618.0k (up 118% from 3Q 2022). Net loss: US$1.08m (loss narrowed 39% from 3Q 2022). Revenue exceeded analyst estimates by 9.7%. Earnings per share (EPS) missed analyst estimates by 100%. Revenue is forecast to grow 73% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Pharmaceuticals industry in the US. Over the last 3 years on average, earnings per share has fallen by 33% per year whereas the company’s share price has fallen by 36% per year.Price Target Changed • Nov 16Price target increased to US$13.29Up from US$12.00, the current price target is an average from 2 analysts. New target price is 223% above last closing price of US$4.11. Stock is down 20% over the past year. The company is forecast to post a net loss per share of US$0.33 next year compared to a net loss per share of US$0.80 last year.공시 • Nov 01Nutriband Inc., Annual General Meeting, Dec 09, 2022Nutriband Inc., Annual General Meeting, Dec 09, 2022, at 10:00 US Eastern Standard Time. Location: at 400 West Church Street, City National Hourglass Room Orlando Florida United States Agenda: To elect six directors to the Corporation’s Board of Directors, each to hold office for a term expiring at the next Annual Meeting of Stockholders, or until his or her successor is elected and qualified, or until his or her earlier resignation or removal; to consider Ratification of Sadler, Gibb & Associates, LLC as the independent auditor to perform the audit of consolidated financial statements for 2022; and to transact such other business as may properly come before the Annual Meeting and any adjournment or postponement thereof.Major Estimate Revision • Sep 15Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from US$2.38m to US$2.18m. Losses expected to increase from US$0.25 per share to US$0.31. Pharmaceuticals industry in the US expected to see average net income growth of 0.1% next year. Consensus price target of US$13.29 unchanged from last update. Share price rose 4.5% to US$4.40 over the past week.Reported Earnings • Sep 09Second quarter 2023 earnings: Revenues miss analyst expectationsSecond quarter 2023 results: Revenue: US$456.1k (up 113% from 2Q 2022). Net loss: US$1.04m (loss widened 100% from 2Q 2022). Revenue missed analyst estimates by 15%. Revenue is forecast to grow 74% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Pharmaceuticals industry in the US.Seeking Alpha • Sep 08Nutriband GAAP EPS of -$0.12, revenue of $0.5MNutriband press release (NASDAQ:NTRB): Q2 GAAP EPS of -$0.12. Revenue of $0.5M (+150.0% Y/Y).Seeking Alpha • Jul 22Nutriband opens a new branch in Ecuador with plans to expand into the South American marketNutriband (NASDAQ:NTRB) registers a new company branch in Quito, Ecuador with plans to expand its product offering to the region through product registration and contract services. "This is a key step for Nutriband and our shareholders as it shows our commitment to expanding our offerings into new markets with a goal to continue to build our revenue opportunities and relationships" said Gareth Sheridan, CEO.공시 • Jun 26Nutriband Inc.(NasdaqCM:NTRB) dropped from Russell Microcap Value IndexNutriband Inc.(NasdaqCM:NTRB) dropped from Russell Microcap Value IndexReported Earnings • Jun 01First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: US$0.088 loss per share (down from US$0.05 loss in 1Q 2022). Revenue: US$477.9k (up 10% from 1Q 2022). Net loss: US$690.0k (loss widened 118% from 1Q 2022). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 83%, compared to a 12% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 01Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: US$0.94 loss per share (down from US$0.51 loss in FY 2021). Revenue: US$1.42m (up 51% from FY 2021). Net loss: US$6.37m (loss widened 117% from FY 2021). Revenue exceeded analyst estimates by 9.2%. Earnings per share (EPS) missed analyst estimates by 88%. Over the next year, revenue is forecast to grow 76%, compared to a 12% growth forecast for the pharmaceuticals industry in the US. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings.Price Target Changed • Apr 27Price target decreased to US$14.00Down from US$17.00, the current price target is an average from 2 analysts. New target price is 231% above last closing price of US$4.23. Stock is down 77% over the past year. The company is forecast to post a net loss per share of US$0.50 next year compared to a net loss per share of US$0.51 last year.공시 • Jan 29Nutriband Inc. Announces Board AppointmentsOn January 21, 2022, at the annual meeting of Nutriband Inc.'s Board of Directors immediately following the Annual Meeting of Stockholders, Serguei Melnik, a Board member, President and Secretary of the Company, was also appointed Chairman of the Board. Newly-Elected Member of the company: Board of Directors: Irina Gram-Contulescu was elected as a director of the Company at the January 21, 2022 stockholders meeting. Irina is a new member of the company's Board, and is a Senior Financial Analyst at Thales IFEC, Melbourne, Florida. From 2016 to 2017, she was a Project Engineering Coordinator atThales IFEC.Major Estimate Revision • Dec 21Consensus revenue estimates fall by 40%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from US$2.08m to US$1.26m. Forecast losses increased from -US$0.17 to -US$0.54 per share. Pharmaceuticals industry in the US expected to see average net income growth of 15% next year. Consensus price target of US$17.00 unchanged from last update. Share price fell 40% to US$3.14 over the past week.Reported Earnings • Dec 16Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: US$0.21 loss per share (down from US$0.008 loss in 3Q 2021). Revenue: US$283.0k (down 28% from 3Q 2021). Net loss: US$1.38m (loss widened US$1.33m from 3Q 2021). Revenue missed analyst estimates by 44%. Earnings per share (EPS) exceeded analyst estimates by 575%. Earnings per share (EPS) surpassed analyst estimates by 575%. Over the next year, revenue is forecast to grow 77%, compared to a 15% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.Seeking Alpha • Nov 01Nutriband: Advancing Transdermal Delivery Of Injectable DrugsNutriband is advancing the development of transdermal products for currently injected compounds. The Company’s lead product candidate is an abuse deterrent fentanyl patch incorporating its AVERSA technology. The Company uplisted to Nasdaq effective 10/1/2021.분석 기사 • Oct 06Does Nutriband (NASDAQ:NTRB) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Price Target Changed • Oct 02Price target decreased to US$24.00Down from US$48.00, the current price target is provided by 1 analyst. New target price is 259% above last closing price of US$6.69. Stock is down 7.7% over the past year.공시 • Dec 17Nutriband Inc. Signs Exclusive License Agreement with RAMBAM Med Tech Ltd for its Closed System Transfer DeviceNutriband Inc. announced that it signed an exclusive license agreement with RAMBAM Med Tech Ltd. for its Closed System Transfer Device designed to liquify drugs for patients who cannot swallow solids. The Closed System Transfer Device or CSTD combines the act of crushing a solid drug, dissolving in liquid and giving to a patient who cannot swallow for various reasons. The single-use device mechanically prohibits the transfer of environmental contaminants into the system and the escape of hazardous drug or vapor concentrations outside the system making the delivery technology both safe for patients and medical professionals, particularly when seeking to liquify or dissolve hazardous drugs. Following the signing of the exclusive license agreement with RAMBAM, the company plans to develop and file for 510K approval in the United States in the coming months.공시 • Sep 03Nutriband Inc. (OTCPK:NTRB) completed the acquisition of Transdermal and Health product manufacturing business of Pocono Coated Products LLC for $7.5 million.Nutriband Inc. (OTCPK:NTRB) agreed to acquire Transdermal and Health product manufacturing business of Pocono Coated Products LLC on July 16, 2020. Pocono is set to become the manufacturing subsidiary of Nutriband while 4P Therapeutics will maintain clinical development operations. Nutriband Inc. (OTCPK:NTRB) completed the acquisition of Transdermal and Health product manufacturing business of Pocono Coated Products LLC for $7.5 million on August 31, 2020.공시 • Aug 06Nutriband Inc. (OTCPK:NTRB) agreed to acquire Transdermal and Health product manufacturing business of Pocono Coated Products LLC.Nutriband Inc. (OTCPK:NTRB) agreed to acquire Transdermal and Health product manufacturing business of Pocono Coated Products LLC on July 16, 2020. Pocono is set to become the manufacturing subsidiary of Nutriband while 4P Therapeutics will maintain clinical development operations.재무 상태 분석단기부채: NTRB 의 단기 자산 ( $5.0M )이 단기 부채( $784.3K ).장기 부채: NTRB의 단기 자산($5.0M)이 장기 부채($84.2K)를 초과합니다.부채/자본 비율 추이 및 분석부채 수준: NTRB 총 부채보다 더 많은 현금을 보유하고 있습니다.부채 감소: NTRB의 부채 대비 자본 비율은 지난 5년 동안 23.4%에서 2.5%로 감소했습니다.대차대조표현금 보유 기간 분석과거에 평균적으로 손실을 기록해 온 기업의 경우, 최소 1년 이상의 현금 보유 기간이 있는지 평가합니다.안정적인 현금 활주로: NTRB 현재 무료 현금 흐름을 기준으로 1년 미만의 cash runway를 보유하고 있습니다.예측 현금 활주로: 무료 현금 흐름이 매년 29.9 %의 역사적 비율로 계속 감소할 경우 NTRB 의 현금 활주로는 1년 미만입니다.건전한 기업 찾아보기7D1Y7D1Y7D1YPharmaceuticals-biotech 산업의 건실한 기업.View Dividend기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/10 19:00종가2026/06/10 00:00수익2026/01/31연간 수익2026/01/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Nutriband Inc.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Robert LeBoyerNOBLE Capital Markets, Inc.
공시 • May 03Nutriband Inc. announced delayed annual 10-K filingOn 05/01/2024, Nutriband Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
분석 기사 • Mar 31Is Nutriband (NASDAQ:NTRB) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Sep 13Is Nutriband (NASDAQ:NTRB) Weighed On By Its Debt Load?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Oct 06Does Nutriband (NASDAQ:NTRB) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
공시 • May 16Active Intelligence and Nutriband Inc. Showcases Expanding Ai Wellness Product Portfolio and Announces New June Product Launches At Ecrm ConferenceNutriband Inc. and its wholly owned subsidiary Active Intelligence announced its participation in the upcoming ECRM conference taking place in June 2026, where the Company will showcase its latest AI-branded product portfolio to buyers and executives from some of the nation’s largest retail and healthcare organizations. During the conference, Active Intelligence is scheduled to meet with category buyers and decision-makers representing major national retailers and distributors, including Walmart, Walgreens, Amazon, Cardinal Health, and numerous additional retail, pharmacy, healthcare, and e-commerce channels. The Company will feature its growing AI Tape product line, which continues to gain traction within the wellness, recovery, and athletic performance categories. In addition, Active Intelligence plans to introduce several new products scheduled for launch in June 2026, including: AI Performance Tape—a next-generation kinesiology and recovery product designed to support athletic performance, mobility, muscle recovery, and active lifestyles; AI Energy Patches—innovative wearable wellness patches formulated to support energy, focus, and daily performance; and AI Sleep—a wellness-focused solution developed to support relaxation, recovery, and improved sleep quality. The Company believes these new additions further strengthen its position within the rapidly expanding global wellness market and broaden its opportunities for national retail placement across multiple high-growth consumer categories.
Reported Earnings • May 05Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: US$2.58 loss per share (further deteriorated from US$0.99 loss in FY 2025). Revenue: US$2.04m (down 4.8% from FY 2025). Net loss: US$30.0m (loss widened 187% from FY 2025). Revenue missed analyst estimates by 25%. Earnings per share (EPS) exceeded analyst estimates by 58%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
공시 • Mar 18Nutriband Ai Kinesiology Tapes Approves for Distribution and Sale in Costa RicaNutriband Inc. announced that The Costa Rica Ministry of Health has approved the Company’s line of Kinesiology Tapes for import and Sale. Innomedica CCB, the company’s exclusive distribution partner for Costa Rica oversaw and financed the regulatory approval process. The Company, partnering with Innomedica plans to begin ramping up marketing efforts for these products and its mosquito repellant patch line following this latest approval.
공시 • Feb 04Nutriband Inc. Announces Election of New DirectorsNutriband Inc. announced that Following the completion of the shareholder meeting, the Board of Directors, at its Annual Meeting, elected the following two new directors to the Company’s Board of Directors, to serve and hold office until the next annual meeting of stockholders, or until their earlier resignacingn or removal from office. Alessandro Puddu, age 42, is an Italian Chartered Accountant and Statutory Auditor with a practice of audit, corporate advisory and financial reporting for industrial groups and listed companies. He advises companies on tax and corporate matters, company valuations, extraordinary corporate transactions and IAS/IFRS reporting, including consolidated financial statements. At the beginning of his career, he worked at PricewaterhouseCoopers as a Senior Auditor, reviewing Italian and multinational companies operating in various industrial sectors and is.enrolled in the Italian Register of Chartered Accountants (Dottori Commercialisti), the Register of Statutory Auditors held by the Italian Ministry of Economy and Finance, and the Register of Crisis & Insolvency Practitioners, and he has a Master’s Degree in Economics and Management. Viorica Carlig, age 50, has been the manager of TII Jet Services LDA, an aircraft service company, and has professional management experience for a substantial period in the management and growth of companies in the aircraft industry and as well in the industry’s regulatory compliance requirements. She received Ph.D. in Economics in 1999, and a Masters Degree in Business Administration from the Bucharest Academy of Economic Studies in 2006 and 1999, respectively. She further received Bachelor Degrees in Law and Commerce from the University of Bucharest and the Bucharest Academy of Economic Studies, in 2002 and 1998, respectively.
New Risk • Dec 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.6m free cash flow). Earnings have declined by 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$2.3m revenue). Market cap is less than US$100m (US$67.7m market cap).
공시 • Dec 30EarthVision Bio Solutions Inc. signed an agreement to acquire 90% stake in Pocono Pharmaceuticals, Inc. from Nutriband Inc. (NasdaqCM:NTRB) for $5 million.EarthVision Bio Solutions Inc. signed an agreement to acquire 90% stake in Pocono Pharmaceuticals, Inc. from Nutriband Inc. (NasdaqCM:NTRB) for $5 million on December 29, 2025. Nutriband Inc. Shareholders will retain 10% of the shareholding in Earth Vision Bio following the acquisition. The expected completion of the transaction is December 31, 2025. Nutriband inc. will use the proceeds from the sale of Pocono Pharma towards its continued development of AVERSA Fentanyl.
공시 • Dec 22Nutriband Inc., Annual General Meeting, Jan 24, 2026Nutriband Inc., Annual General Meeting, Jan 24, 2026. Location: 400 west church street, city national hourglass room, fl 32801, orlando, United States
New Risk • Dec 11New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$5.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.6m free cash flow). Earnings have declined by 44% per year over the past 5 years. Minor Risks Revenue is less than US$5m (US$2.3m revenue). Market cap is less than US$100m (US$58.8m market cap).
Reported Earnings • Dec 11Third quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2026 results: US$0.32 loss per share (further deteriorated from US$0.12 loss in 3Q 2025). Revenue: US$346.1k (down 46% from 3Q 2025). Net loss: US$3.87m (loss widened 184% from 3Q 2025). Revenue missed analyst estimates by 49%. Earnings per share (EPS) exceeded analyst estimates by 85%. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • Oct 28Nutriband Announces Successful Meeting Completed with United States Fda for Its Abuse Deterrent Fentanyl PatchNutriband Inc. announced that it has received final meeting minutes from its recent virtual face-to-face meeting held on September 18, 2025 with the United States Food and Drug Administration (US FDA) for its lead product, AVERSA™? FENTANYL (abuse deterrent fentanyl transdermal system). The meeting was held as a videoconference with the Division of Anesthesiology, Addiction Medicine, and Pain Medicine (DAAP) in the Office of Neuroscience (ON), Center for Drug Evaluation and Research (CDER). The proposed indication is management of pain in opioid-tolerant patients, severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternate treatment options are inadequate. The purpose of the meeting was to specifically provide feedback on the Chemistry, Manufacturing, and Controls (CMC) plans for the product from submission of an Investigational New Drug Application (IND) through approval of a 505(b)(2) New Drug Application (NDA). The main outcomes of the meeting were: The FDA confirmed that the regulatory pathway for the product is a 505(b)(2), NDA and provided guidance on the relied upon reference listed drug and bridging strategy. FDA provided expectations and constructive feedback on the registration batch plan and manufacturing process validation strategy for NDA submission. FDA discussed various considerations and advice for the finalization of the product specifications and stability testing plans for the clinical and commercial products. FDA provided feedback on the planned laboratory-based in vitro manipulation and extraction studies (Category1) to be conducted to fully characterize the product's abuse-deterrent properties, including the degree of effort required by an abuse to bypass or defeat those properties. In the past, the FDA has put out several warnings on the risks of fentanyl patchaccidental exposure, particularly in children, but to date there have not been any abuse deterrent fentanylpatches approved in the U.S, or in any other country to knowledge. Nutriband is partnering with Kindeva to develop AVERSA™? FentANYL which combines Nutriband's AVERSA™? abuse-deterrent technology with Kindeva's FDA-approved fentanyl patch. FDA Consumer Update: Accidental Exposures to Fentanyl Patches Continue to Be deadly to Children. FDA Drug Safety Communication: FDA requiring color changes to Duragesic (fentanyl) pain patches to aid safety--em emphasizing that accidental exposure to used patches can cause death (2013). With best-in-class facilities and comprehensive CDMO services, offer more than manufacturing--we deliver strategic value. The Company's actual results may differ materially from those anticipated in its forward-looking statements as a result of a num ber of factors, including those including the Company's ability to develop its proposed abuse-deterrent fentanyl transdermal system and other proposed products, its ability to obtain patent protection for its abuse technology, its ability to obtain the necessary financing to develop products and conduct the necessary clinical testing, its ability to obtain Federal Food and Drug Administration approval to market any product it may develop in the United States and to obtain any other regulatory approval necessary to market any product in other countries, including countries in Europe, its ability to market any product it may developed, its ability to create, sustain, manage or forecast its growth; its ability to attract and retain key personnel; changes in the Company's business strategy or development plans; competition; business disruptions; adverse publicity; and adverse publicity; and the Company's plans.
공시 • Oct 27Nutriband Announces CEO ChangesNutriband Inc. announced that Company founder, Gareth Sheridan has returned as Company CEO. During the period of August 10 until October 27, Co-Founder and Chairman, Serguei Melnik had taken over the responsibilities of CEO. Mr. Sheridan has returned to the position of CEO effective immediately and will guide the company through the final 2025 framework towards the target NDA filing in 2026 for AVERSA Fentanyl.
공시 • Oct 08Nutriband Files Provisional Patent Application for Enhanced Transdermal Abuse Deterrent TechnologyNutriband Inc. announced that it has filed a provisional patent application with the U.S. Patent and Trademark Office (USPTO) to further strengthen Nutriband's intellectual property protection for its AVERSA™? abuse deterrent transdermal technology. The provisional patent application covers improved aversive formulations and coating application methods to enhance the abuse deterrent properties of Nutriband's AVERSA™? transdermal technology and make it even more difficult to defeat. If this provisional patent application is converted into a non-provisional patent application and a new patent is subsequently granted, it could significantly extend the patent protection for products that utilize Nutriband's AverSA™? abuse deterrent technology as the statutory patent term of a US patent is 20 years from the non-provisional filing date. The AVERSA™? abuse deterrent technology is protected by a broad international intellectual property portfolio with patents issued in 46 countries including the United States, Europe, Japan, Korea, Russia, China, Canada, Mexico, and Australia. Nutriband's AVER SA™? abuse-deterrent technology can be utilized to incorporate aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential including opioids and stimulants. The AVERSA™®? abuse-deterrent Technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as opioids, while making sure that these drugs remain accessible to those patients who really need them.
Reported Earnings • Sep 10Second quarter 2026 earnings: EPS and revenues miss analyst expectationsSecond quarter 2026 results: US$2.12 loss per share (further deteriorated from US$0.15 loss in 2Q 2025). Revenue: US$622.5k (up 41% from 2Q 2025). Net loss: US$23.8m (loss widened US$22.1m from 2Q 2025). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates significantly. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
공시 • Aug 12Nutriband Inc. Announces CEO ChangesNutriband Inc. has announced that Company CEO, Gareth Sheridan will be stepping aside from his role for three months to enter the Irish Presidential election. The Nomination Hearings followed by the Election will take place over the course of September and October. During this period, Co-Founder and Chairman, Serguei Melnik will take over the responsibilities of CEO and guide the company through the final 2025 framework towards the target NDA filing in 2026. Mr. Melnik, a corporate strategy expert will continue to execute the Company’s strategic development and focus on shareholder value. Mr. Melnik has over 20 years experience in Capital markets.
공시 • Aug 08Fda Grants Nutriband Meeting Request for Aversa™? Fentanyl Abuse Deterrent Fentanyl PatchNutriband Inc. announced that the United States Food and Drug Administration (US FDA) has granted a Type C Meeting for its lead product, AVERSA FENTANYL (abuse deterrent transdermal system). The purpose of the meeting is to specifically provide feedback on the Chemistry, Manufacturing, and Controls (CMC) plans for the product from submission of an Investigational New Drug Application (IND) through approval of a 505(b)(2) New Drug Application (NDA) and subsequent commercialization. The meeting is scheduled as a virtual face-to-face meeting to be held on September 18, 2025 with the Division of Anesthesiology, Addiction Medicine, and Pain Medicine (DAAP) in the Office of Neuroscience (ON), Center for Drug Evaluation and Research (CDER). Nutriband is partnering with Kindeva to develop AVERSA™? FENTANYL which combines Nutriband's AVERSA™? abuse-deterrent technology with Kindeva's FDA-approved fentanyl patch. Nutriband's AVER SA™? abuse-deter Brent technology can be utilized to incorporate aversive agents into transdermalpatches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential including opioids and stimulants. The AVERSA™? Abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl, while making sure that these drugs remain accessible to those patients who really need them. Any material contained in or derived from the Company's websites or any other website is not part of this press release.
공시 • Jun 18Nutriband and Kindeva Complete Commercial Manufacturing Process Scale-Up for Aversa™? Fentanyl Abuse Deterrent Fentanyl PatchNutriband Inc. announced that it has completed commercial manufacturing process scale-up for its lead product, Aversa Fentanyl, with Kindeva, a leading global contract development and manufacturing organization (CDMO) focused on drug-device combination products. Nutriband is partnering with Kindeva to develop Aversa Fentanyl which combines Nutriband's Aversa™? abuse-deterrent technology with Kindeva's FDA-approved fentanyl patch. Aversa Fentanyl is manufactured at Kindeva's transdermal manufacturing facility located in the United States. The next step is to manufacture clinical supplies and file an Investigational New Drug (IND) application with the FDA to initiate a human abuse liability clinical study. Completing the commercial manufacturing scale-up is an important step towards development of a commercially viable product and event NDA filing. This achievement demonstrates the compatibility of the Aversa™? abuse deterrent platform technology with established transdermal patch manufacturing processes. Aversa Fentanyl has the potential to be the first abuse deterrent pain patch on the market.
공시 • Jun 02Nutriband Inc. Provides Update on the Development of AVERSA FentanylNutriband Inc. reports that the progress continues on the development of AVERSA Fentanyl, with the Company formalizing an exclusive product development partnership with Kindeva Drug Delivery. The formalized partnership with Kindeva Drug Delivery reflects a commitment to shared development costs in exchange for milestone payments, enabling Nutriband to advance its innovative transdermal drug delivery solutions towards regulatory approval and commercialization. AVERSA Fentanyl has the potential to be the world’s first abuse-deterrent opioid patch designed to deter the abuse and misuse and reduce the risk of accidental exposure of transdermal fentanyl patches. AVERSA Fentanyl has the potential to reach peak annual US sales of $80 million to $200 million.
Reported Earnings • Jun 02First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: US$0.13 loss per share (improved from US$0.21 loss in 1Q 2025). Revenue: US$667.4k (up 63% from 1Q 2025). Net loss: US$1.39m (loss narrowed 27% from 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
New Risk • May 02New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$4.7m free cash flow). Earnings have declined by 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (US$2.1m revenue). Market cap is less than US$100m (US$70.1m market cap).
New Risk • Apr 29New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$4.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$4.7m free cash flow). Minor Risks Revenue is less than US$5m (US$2.1m revenue). Market cap is less than US$100m (US$64.9m market cap).
Reported Earnings • Apr 29Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: US$0.99 loss per share (further deteriorated from US$0.69 loss in FY 2024). Revenue: US$2.14m (up 2.6% from FY 2024). Net loss: US$10.5m (loss widened 91% from FY 2024). Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) also missed analyst estimates by 65%. Revenue is forecast to grow 84% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Pharmaceuticals industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
공시 • Feb 11Nutriband Inc. Appoints Anastasia Nichita to Product Advisory BoardNutriband Inc. announced World and European Wrestling Gold medalist and Olympic Silver medalist Anastasia Nichita has been appointed to its Product Advisory Board to expand the Nutriband Brand and promote it’s over the counter sports and consumer products internationally.
New Risk • Jan 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risks Revenue is less than US$5m (US$2.0m revenue). Market cap is less than US$100m (US$81.5m market cap).
분석 기사 • Jan 17Most Shareholders Will Probably Find That The Compensation For Nutriband Inc.'s (NASDAQ:NTRB) CEO Is ReasonableKey Insights Nutriband will host its Annual General Meeting on 23rd of January Total pay for CEO Gareth Sheridan...
공시 • Dec 27Nutriband Inc. Extends Chinese Patent to Macao for its AVERSA™ Abuse Deterrent Transdermal TechnologyNutriband Inc. announced that it has completed the registration requirements to extend its Chinese patent to Macao for its patent entitled, “Abuse and Misuse Deterrent Transdermal Systems,” which protects its AVERSA™ abuse deterrent transdermal technology. The Macao IP Office has assigned number J/9010 to the patent with an entry date of December 17, 2024. Macao is a Special Administrative Region (SAR) of the People’s Republic of China which affords it a high degree of autonomy with its own patent system and patent laws which are separate and distinct from those of mainland China. The Aversa™ abuse deterrent technology is now covered by a broad international intellectual property portfolio with patents issued in 46 countries including the United States, Europe, Japan, Korea, Russia, China, Canada, Mexico, and Australia as well as two regions of China: Hong Kong and Macao. Nutriband’s AVERSA™ abuse-deterrent technology incorporates aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential including opioids and stimulants. The AVERSA™ abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse while making sure that these drugs remain accessible to those patients who really need them. Nutriband is currently working with its partner Kindeva Drug Delivery (formerly 3M drug delivery systems), a leading global contract development and manufacturing organization focused on drug-device combination products, to develop its lead product, AVERSA™ Fentanyl, which incorporates Nutriband’s AVERSA™ abuse-deterrent transdermal technology into Kindeva’s FDA-approved transdermal fentanyl patch system. AVERSA Fentanyl has the potential to be the world’s first abuse-deterrent opioid patch designed to deter the abuse and misuse and reduce the risk of accidental exposure of transdermal fentanyl patches. AVERSA Fentanyl has the potential to reach peak annual US sales of $80 million to $200 million. About AVERSA™ Abuse-Deterrent Transdermal Technology: Nutriband's AVERSA™ abuse-deterrent transdermal technology incorporates aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential. The AVERSA™ abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl, while making sure that these drugs remain accessible to those patients who really need them. The technology is covered by a broad intellectual property portfolio with patents granted in the United States, Europe, Japan, Korea, Russia, China, Canada, Mexico, and Australia.
공시 • Dec 20Nutriband Inc., Annual General Meeting, Jan 23, 2025Nutriband Inc., Annual General Meeting, Jan 23, 2025. Location: 400 west church street, city national hourglass room, fl 32801, orlando, United States
Reported Earnings • Dec 05Third quarter 2025 earnings released: US$0.12 loss per share (vs US$0.23 loss in 3Q 2024)Third quarter 2025 results: US$0.12 loss per share (improved from US$0.23 loss in 3Q 2024). Revenue: US$645.8k (up 51% from 3Q 2024). Net loss: US$1.36m (loss narrowed 23% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공시 • Oct 17Nutriband Inc.'s Mosquito Repellent Patch Approved by Ministry of Health of Costa RicaNutriband Inc. announced that it has received approval from the Costa Rica Ministry of Health for the production and marketing of its Mosquito Repellent Patch, designed to reduce the risk of mosquito bites and associated health risks associated with exposure to mosquito bites. The Company intends to further expand distribution throughout South and Central America. The Nutriband insect Repellent Patch contains simple natural ingredients which are used to mask human odors that are attractive to insects. Recommended wear sites include exposed areas of skin such as the neck, arms and leg. The active ingredient in the Nutriband Mosquito Repellent patch is similar to what is used in mosquito patches that were approved in Africa based on extensive safety and efficacy testing with a goal to reduce the spread of malaria and HIV. Specific country approvals in Africa included Ghana, Nigeria and the Ivory Coast. Nutriband Inc.'s wholly owned contract manufacturing subsidiary, Pocono Pharmaceutical will act as exclusive manufacturer for the product.
공시 • Sep 24Nutriband Receives China Patent Notice of Allowance for Its Aversa(TM) Abuse Deterrent Transdermal TechnologyNutriband Inc. announced that it has received a Notice of Allowance from the Chinese National Intellectual Property Administration (CNIPA) for patent application entitled, "Abuse and Misuse Deterrent Transdermal Systems," which protects its AVERSA™ abuse deterrent transdermal technology. The Aversa™ abuse deterrent technology is now covered by a broad international intellectual property portfolio with patents issued in 46 countries including the United States, Europe, Japan, Korea, Russia, Mexico, Canada, Australia, and China. Nutriband's AVERSA™ abuse-deterrent technology incorporates aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential including opioids and stimulants. The AVERSA™ abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse while making sure that these drugs remain accessible to those patients who really need them. Nutriband abuse-deterrent transdermal technology consists of a proprietary aversive agent coating that employs taste aversion to deter the oral abuse of and accidental exposure to transdermal opioid and stimulant patch products. Preliminary studies have shown that the coating is very difficult to scrape off and the technology has a patented immediate and extended-release profile which presents an additional layer of deterrence to prevent the aversive layer from easily being washed off in an attempt to separate the drug from the aversive agents. Nutriband is currently working with its partner Kindeva Drug Delivery, a leading global contract development and manufacturing organization focused on drug-device combination products, to develop its lead product, AVERSA™ Fentanyl, which incorporates Nutriband's AVERSA™ abuse-deterrent transdermal technology into Kindeva's FDA-approved transdermal fentanyl patch system. AVERSA Fentanyl has the potential to be the world's first abuse-deterrent opioid patch designed to deter the abuse and misuse and reduce the risk of accidental exposure of transdermal fentanyl patches. AVERSA Fentanyl has the potential to reach annual US sales of $80 million to $200 million.
공시 • Sep 19Nutriband Inc. (NasdaqCM:NTRB) announces an Equity Buyback for $1 million worth of its shares.Nutriband Inc. (NasdaqCM:NTRB) announces a share repurchase program. Under the program, the company will repurchase up to $1 million worth of its common stock. As of September 16, 2024, the company had 11,106,185 shares of common stock outstanding.
Reported Earnings • Sep 05Second quarter 2025 earnings released: US$0.15 loss per share (vs US$0.11 loss in 2Q 2024)Second quarter 2025 results: US$0.15 loss per share (further deteriorated from US$0.11 loss in 2Q 2024). Revenue: US$442.8k (down 33% from 2Q 2024). Net loss: US$1.71m (loss widened 106% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
공시 • Jun 21Nutriband Inc. Provides Product Development Update for its Lead Product Aversa FentanylNutriband Inc. provided an update on its Aversa Fentanyl product development program to shareholders as it aims to complete scale-up of the commercial manufacturing process and move towards the single Phase 1 human abuse potential study prior to NDA filing. As previously reported, the Company with its partner Kindeva Drug Delivery completed the feasibility agreement and entered into a commercial development and clinical supply agreement to manufacture product for the human abuse potential clinical study in support of a New Drug Application (NDA) to be submitted to FDA. The feasibility agreement was focused on adapting Kindeva's commercial transdermal manufacturing process to incorporate AVERSA™ abuse deterrent transdermal technology. Nutriband is currently working with its partner Kindeva Drug Delivery to develop the commercial scale manufacturing process for the final product which will incorporate Nutriband's AVERSA abuse-deterrent transdermal technology into Kindeva's FDA-approved transdermal fentanyl patch system. Recently, Kindeva Drug Delivery completed the validation of the aversive agent cleaning analytical methods required to allow work with the aversive agents, denatonium benzoate and capsaicin, on the commercial manufacturing line. Once the final commercial product manufacturing process is completed, Nutriband intends to file an IND with the FDA and perform the pivotal laboratory and clinical evaluations to demonstrate the abuse-deterrent properties of AVERSA Fentanyl, in compliance with FDA Guidance. Nutriband will file an Investigational New Drug (IND) application with the FDA prior to conducting the single Phase 1 human abuse potential clinical study required for its NDA. The IND will include the chemistry, manufacturing, and controls (CMC) information for the commercial product as well as the clinical study protocol for the human abuse potential study. No Phase 2 or phase 3 Clinical Trials are required prior to submitting for approval. AVERSA(TM) Fentanyl is estimated to have the potential to reach peak annual US sales of $80 million to $200 million, according to a market analysis report from Health Advances. The pivotal laboratory assessment to be conducted is a series of in vitro manipulation and extraction studies designed to determine if the potentially abuse-deterrent properties of the product can be defeated or compromised based on physical and chemical manipulation of the product. Preliminary studies conducted to date have shown that the AVERSA technology is very difficult to defeat by various physical or chemical means. The pivotal clinical study is a human abuse potential study performed to assess the impact of the potentially abuse-deterrent properties in a drug-experienced, recreational user population. The human abuse potential study is a randomized, double-blind, placebo-controlled and positive controlled crossover study comparing AVERSA Fentanyl to the currently marketed fentanyl patch which does not contain abuse-deterrent technology. The success of the human abuse potential study is based on the assessment drug liking using various instruments that are predictive of the likelihood of abuse. Nutriband's AVERSA abuse-deterrent technology incorporates aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential. The AVERSA abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl while making sure that these drugs remain accessible to those patients who really need them. The technology is covered by a broad intellectual property portfolio with patents granted in the United States, Europe, Japan, Korea, Russia, Canada, Mexico, and Australia.
공시 • May 19Nutriband Inc. Appoints Sergei Glinka to Its Board of DirectorsNutriband Inc. announced the appointment of Sergei Glinka to its board of directors. Glinka is a seasoned and highly respected business executive with an impressive track record in leadership roles across major European companies. Mr. Glinka, an Estonian citizen, is an experienced and highly regarded businessman who has held numerous Executive and Board positions in large European Companies providing Glinka with deep insights and networks across various industries in Europe. Currently Mr. Glinka serves on the Boards of European Companies including Automecanica Skb Property Srl., GST Investments OU and TG Biochemicals Ltd. As the seventh member of Nutriband's board of directors, Glinka is poised to facilitate new licensing and networking opportunities throughout Europe as Nutriband aims to expand its AVERSA technology internationally. Currently, AVERSA is patented in 45 countries, including all EU countries and the UK.
공시 • May 03Nutriband Inc. announced delayed annual 10-K filingOn 05/01/2024, Nutriband Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
Reported Earnings • May 02Full year 2024 earnings released: US$0.69 loss per share (vs US$0.53 loss in FY 2023)Full year 2024 results: US$0.69 loss per share (further deteriorated from US$0.53 loss in FY 2023). Revenue: US$2.09m (flat on FY 2023). Net loss: US$5.49m (loss widened 22% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.
공시 • Apr 25Nutriband Inc. announced that it expects to receive $8.4 million in fundingNutriband Inc. announced that it has entered into definitive securities purchase agreements for the purchase and sale of an aggregate of 2,100,000 shares of common stock at a price of $4 per share for the aggregate gross proceeds of $8,400,000 on April 23, 2024.
분석 기사 • Mar 31Is Nutriband (NASDAQ:NTRB) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • Mar 30Nutriband Inc. Provides Clinical and Regulatory Path Overview for Lead Product - AVERSA(R) Fentanyl Transdermal PatchNutriband Inc. provided an overview of the clinical development and regulatory pathway for its lead product, AVERSA Fentanyl, an abuse-deterrent fentanyl transdermal patch. Nutriband has partnered with Kindeva Drug Delivery, a leading global contract development and manufacturing organization, to incorporate Nutriband's AVERSA abuse-deterrent transdermal technology into Kindeva's FDA-approved transdermal fentanyl patch system. As Nutriband's abuse-deterrent technology is incorporated into the fentanyl patch but is physically separate and does not come in contact with the drug layer, the clinical trials typically needed to demonstrate safety and efficacy for a new drug formulation are not required. Nutriband plans to utilize the 505(b)(2) New Drug Application (NDA) regulatory pathway which limits the development required for products that contain drugs that have already been approved, and allows applicants to reference data already on file at the FDA. As a result, the NDA application will be primarily based on a single Phase 1 human abuse potential clinical study with no Phase 2 or 3 clinical trials needed. A clinical abuse potential study is typically performed in recreational drug abuse and is designed to demonstrate that the abuse-deterrent product is less preferable to recreational drug abuse than conventional fentanyl patches which contain no abuse-deterrent technology. Following a successful Phase 1 clinical abuse potential study, Nutriband intends to file a 505(b)(2) NDA to the FDA for marketing approval of AVERSA Fentanyl, which has the potential to be the first and only abuse deterrent patch approved anywhere in the world. The AVERSA Fentanyl NDA has the potential to receive an expedited review by FDA as has been granted for certain abuse-deterrent oral opioid products, which shortens the regulatory review period to six months from the conventional 10-month FDA review cycle for NDAs. Combined, the clinical development and regulatory path for AVERSA Fentanyl is substantially limited compared to conventional pharmaceutical product development, requiring only a single clinical trial and, following a limited NDA pathway, undergoing an expedited review by the FDA. Nutriband is developing its proprietary AVERSA abuse deterrent transdermal technology to be incorporated into any transdermal patch that contains a drug with a risk of abuse, misuse, or accidental exposure. The Company's AVERSA product development pipeline includes abuse deterrent versions of currently approved and marketed transdermal patches containing fentanyl, buprenorphine and methylphenidate which are labeled with FDA-required warnings for the risk of abuse and misuse, as well as warnings against accidental exposure.
공시 • Mar 26Nutriband Inc. Announces Data Supporting Need for Safer Abuse-Deterrent Transdermal Patches Presented At 2024 American Academy of Pain Medicine Annual MeetingNutriband Inc. announced that data on the incidence of transdermal patch abuse and accidental pediatric exposure was presented at the 2024 American Academy of Pain Medicine (AAPM) Annual Meeting on March 8, 2024. The American Academy of Pain Medicine (AAPM) is dedicated to advancing multidisciplinary pain care, education, advocacy, and research. The data indicate that transdermal patch abuse and accidental pediatric exposures to patches continue to be a serious problem resulting in major medical outcomes and death, suggesting an unmet need for safer abuse-deterrent versions of transdermal patches containing drugs with a risk of abuse, misuse or accidental exposure. Nutriband's lead product is AVERSA™ Fentanyl which combines Nutriband's proprietary AVERSA™ abuse-deterrent transdermal technology with an already FDA-approved transdermal fentanyl patch and has the potential to become the world's first opioid patch with abuse-deterrent properties. AVERSA™ Fentanyl is estimated to have the potential to reach peak annual US sales of $80 million - $200 million. Nutriband is developing its proprietary Aversa® abuse-deterrent transdermal technology which can be incorporated into any transdermal patch that contains any drug with a risk of abuse, misuse or accidental exposure. Its Aversa® product development pipeline includes abuse-deterrent versions of currently approved and marketed transdermal patches containing fentanyl, buprenorphine and methylphenidate which are labeled with FDA-required warnings for the risk of abuse and misuse, as well as warnings against accidental exposure. Transdermal patches are designed to provide an alternative route of administration for opioid or stimulant drugs that are prescribed for treatment of conditions such as chronic pain, opioid use disorder or attention deficit/hyperactivity disorder. Although transdermal versions offer improved pharmacokinetic delivery as well as patient convenience with wear times of up to 7 days, they contain an increased drug payload which can often be a target for recreational drug abusers or subject to accidental pediatric exposure, particularly with infants and toddlers. Abuse of opioids, and in particular fentanyl abuse and overdose, continues to be an epidemic which can lead to the abuse of prescription transdermal fentanyl and other opioid containing transdermal products. According to the FDA, accidental exposure to medication is a leading cause of poisoning in children. Young children, in particular, have died or become seriously ill after being exposed to a skin patch containing fentanyl, a powerful opioid pain reliever. Children can overdose on new and used fentanyl patches by putting them in their mouth or sticking the patches on their skin. This can cause death by slowing the child's breathing and decreasing the levels of oxygen in their blood. Nutriband abuse-deterrent transdermal technology consists of a proprietary aversive agent coating that employs taste aversion to deter the oral abuse of and accidental exposure to transdermal opioid and stimulant patch products. Preliminary studies have shown that the coating is very difficult to scrape off and the technology has a patented immediate and extended-release profile which presents an additional layer of deterrence to prevent the aversive layer from easily being washed off in an attempt to separate the drug from the aversive agents. The company engaged Rocky Mountain Poison & Drug Safety (RMPDS), a division of Denver Health and Hospital Authority, Denver, Colorado to determine the incidence of abuse and accidental pediatric exposure of transdermal patches containing drugs of abuse in the United States based on poison center data for the surveillance period 2018-2022. RMPDS utilized the Researched Abuse, Diversion and Addiction-Related Surveillance (RADARS®) System, a surveillance system that collects real-world safety and effectiveness data about prescription drugs. Key findings from the study include: Major medical outcome or death resulted from a notable proportion of fentanyl and buprenorphine patch intentional exposures and accidental pediatric exposures, Two deaths were reported due to abuse of fentanyl transdermal patches, Oral abuse accounted for 62.5% of all intentional abuse/misuse event reports for fentanyl patches (85.3% of non-dermal routes of abuse), and A notable proportion of accidental pediatric exposures to transdermal formulations resulted in major medical outcomes (fentanyl patches: 10.1%, buprenorphine patches: 16.7%).
공시 • Mar 05Nutriband Inc. Announces Data on the Incidence of Transdermal Patch Abuse and Accidental Pediatric Exposure Will Be Presented At the 2024 American Academy of Pain Medicine Annual MeetingNutriband Inc. announced that data on the incidence of transdermal patch abuse and accidental pediatric exposure will be presented at the 2024 American Academy of Pain Medicine (AAPM) Annual Meeting to be held in Scottsdale, ArizonaMarch 7-10, 2024. The company engaged Rocky Mountain Poison & Drug Safety (RMPDS), a division of Denver Health and Hospital Authority, Denver, Colorado to determine the incidence of abuse and accidental pediatric exposure of transdermal patches containing drugs of abuse in the United States. RMPDS utilized the Researched Abuse, Diversion and Addiction-Related Surveillance (RADARS®) System, a surveillance system that collects real-world safety and effectiveness data about prescription drugs. Transdermal patches are designed to provide an alternative route of administration for opioid or stimulant drugs that are prescribed for treatment of conditions such as chronic pain, opioid use disorder or attention deficit/hyperactivity disorder. Although transdermal versions offer improved pharmacokinetic delivery as well as patient convenience with wear times of up to 7 days, they contain an increased drug payload which can often be a target for recreational drug abusers or subject to accidental pediatric exposure, particularly with infants and toddlers. Abuse of opioids, and in particular fentanyl abuse and overdose, continues to be an epidemic which can lead to the abuse of prescription transdermal fentanyl and other opioid containing transdermal products. According to the FDA, accidental exposure to medication is a leading cause of poisoning in children. Young children, in particular, have died or become seriously ill after being exposed to a skin patch containing fentanyl, a powerful opioid pain reliever. Children can overdose on new and used fentanyl patches by putting them in their mouth or sticking the patches on their skin. This can cause death by slowing the child's breathing and decreasing the levels of oxygen in their blood. Nutriband is developing its proprietary Aversa abuse deterrent transdermal technology which can be incorporated into any transdermal patch that contains any drug with a risk of abuse, misuse or accidental exposure. Its Aversa product development pipeline includes abuse deterrent versions of currently approved and marketed transdermal patches containing fentanyl, buprenorphine and methylphenidate which are labeled with FDA-required warnings for the risk of abuse and misuse, as well as warnings against accidental exposure. Nutriband's AVERSA abuse-deterrent transdermal technology can be utilized to incorporate aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential. The AVERSA abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl, while making sure that these drugs remain accessible to those patients who really need them. The technology is covered by a broad intellectual property portfolio with patents granted in the United States, Europe, Japan, Korea, Russia, Canada, Mexico, and Australia.
New Risk • Jan 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.6m free cash flow). Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Revenue is less than US$5m (US$2.1m revenue). Market cap is less than US$100m (US$24.8m market cap).
공시 • Dec 17Nutriband Inc., Annual General Meeting, Jan 21, 2024Nutriband Inc., Annual General Meeting, Jan 21, 2024, at 10:00 US Eastern Standard Time. Location: 400 West Church Street, City National Hourglass Room Orlando Florida United States Agenda: To elect six directors to the Corporation’s Board of Directors, each to hold office for a term expiring at the next Annual Meeting of Stockholders, or until his or her successor is elected and qualified, or until his or her earlier resignation or removal; to consider Ratification of Sadler, Gibb & Associates, LLC as the independent auditor to perform the audit of our consolidated financial statements for 2024; to hold an advisory vote to approve executive compensation; to hold an advisory vote on the frequency of future advisory votes on executive compensation; and to transact such other business as may properly come before the Annual Meeting and any adjournment or postponement thereof.
Reported Earnings • Dec 14Third quarter 2024 earnings released: US$0.23 loss per share (vs US$0.14 loss in 3Q 2023)Third quarter 2024 results: US$0.23 loss per share (further deteriorated from US$0.14 loss in 3Q 2023). Revenue: US$427.8k (down 31% from 3Q 2023). Net loss: US$1.76m (loss widened 64% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.
공시 • Nov 29Nutriband Inc. Expands its AI Kinesiology Tape Portfolio with the Launch of AI Tape Heating and CoolingNutriband Inc. announced the launch of its new Heating and Cooling Kinesiology Tape as part of its Active Intelligence (AI Tape) Brand portfolio. AI Tape Heating and Cooling provides all of the stretch, support, and benefits of traditional kinesiology tape, plus pain-relieving ingredients that provide both heating and cooling sensation for the temporary relief of minor aches and pains of muscles and joints. The Heating and Cooling product marks AI Tape's second product launched in the year 2023. All AI Tape products are manufactured in the USA at Nutriband's facility in Cherryville, North Carolina. The new AI Tape products are available for purchase on Amazon and company website.
분석 기사 • Sep 13Is Nutriband (NASDAQ:NTRB) Weighed On By Its Debt Load?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Sep 12Second quarter 2024 earnings released: US$0.11 loss per share (vs US$0.12 loss in 2Q 2023)Second quarter 2024 results: US$0.11 loss per share (improved from US$0.12 loss in 2Q 2023). Revenue: US$655.9k (up 44% from 2Q 2023). Net loss: US$829.2k (loss narrowed 20% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
공시 • Jul 28Nutriband Inc. Launches AI Tape Brand Direct- to Consumer OfferingsNutriband Inc. announced the launch of its consumer sports recovery tape brand, Active Intelligence AI Tape ("AI Tape"), with products now available for purchase on Amazon and Activeintell.com. AI Tape is designed to combine many of the traditional benefits of kinesiology tape with the addition of clothing and therapeutic ingredients held in suspension with a proprietary adhesive mix. AI Tape is manufactured in the USA at the Company's Pocono Pharmaceutical facility in North Carolina.
New Risk • Jun 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.0m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 14% per year over the past 5 years. Minor Risks Revenue is less than US$5m (US$2.1m revenue). Market cap is less than US$100m (US$18.9m market cap).
Reported Earnings • Jun 12First quarter 2024 earnings released: US$0.13 loss per share (vs US$0.075 loss in 1Q 2023)First quarter 2024 results: US$0.13 loss per share (further deteriorated from US$0.075 loss in 1Q 2023). Revenue: US$476.9k (flat on 1Q 2023). Net loss: US$1.02m (loss widened 47% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Apr 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: US$0.53 loss per share (improved from US$0.80 loss in FY 2022). Revenue: US$2.08m (up 46% from FY 2022). Net loss: US$4.48m (loss narrowed 30% from FY 2022). Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 36%. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 29% per year.
공시 • Dec 30Nutriband Inc. to Officially Launch AI Tape brand in First Quarter 2023Nutriband Inc. announced that it has begun production of its AI Tape brand with an expected launch of the product line in First Quarter 2023. AI Tape is designed to share many of the benefits of traditional Kinesiology Tape. AI Tape further adds soothing and therapeutic ingredients held in suspension with a proprietary adhesive mix. AI Tape is manufactured in the USA at the Company's Pocono Pharmaceutical facility in North Carolina.
Major Estimate Revision • Dec 09Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 expected loss increased from -US$0.32 to -US$0.39 per share. Revenue forecast unchanged at US$2.23m. Pharmaceuticals industry in the US expected to see average net income growth of 5.2% next year. Consensus price target of US$18.00 unchanged from last update. Share price fell 3.8% to US$3.75 over the past week.
Reported Earnings • Dec 03Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: US$0.14 loss per share (improved from US$0.23 loss in 3Q 2022). Revenue: US$618.0k (up 118% from 3Q 2022). Net loss: US$1.08m (loss narrowed 39% from 3Q 2022). Revenue exceeded analyst estimates by 9.7%. Earnings per share (EPS) missed analyst estimates by 100%. Revenue is forecast to grow 73% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Pharmaceuticals industry in the US. Over the last 3 years on average, earnings per share has fallen by 33% per year whereas the company’s share price has fallen by 36% per year.
Price Target Changed • Nov 16Price target increased to US$13.29Up from US$12.00, the current price target is an average from 2 analysts. New target price is 223% above last closing price of US$4.11. Stock is down 20% over the past year. The company is forecast to post a net loss per share of US$0.33 next year compared to a net loss per share of US$0.80 last year.
공시 • Nov 01Nutriband Inc., Annual General Meeting, Dec 09, 2022Nutriband Inc., Annual General Meeting, Dec 09, 2022, at 10:00 US Eastern Standard Time. Location: at 400 West Church Street, City National Hourglass Room Orlando Florida United States Agenda: To elect six directors to the Corporation’s Board of Directors, each to hold office for a term expiring at the next Annual Meeting of Stockholders, or until his or her successor is elected and qualified, or until his or her earlier resignation or removal; to consider Ratification of Sadler, Gibb & Associates, LLC as the independent auditor to perform the audit of consolidated financial statements for 2022; and to transact such other business as may properly come before the Annual Meeting and any adjournment or postponement thereof.
Major Estimate Revision • Sep 15Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from US$2.38m to US$2.18m. Losses expected to increase from US$0.25 per share to US$0.31. Pharmaceuticals industry in the US expected to see average net income growth of 0.1% next year. Consensus price target of US$13.29 unchanged from last update. Share price rose 4.5% to US$4.40 over the past week.
Reported Earnings • Sep 09Second quarter 2023 earnings: Revenues miss analyst expectationsSecond quarter 2023 results: Revenue: US$456.1k (up 113% from 2Q 2022). Net loss: US$1.04m (loss widened 100% from 2Q 2022). Revenue missed analyst estimates by 15%. Revenue is forecast to grow 74% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Pharmaceuticals industry in the US.
Seeking Alpha • Sep 08Nutriband GAAP EPS of -$0.12, revenue of $0.5MNutriband press release (NASDAQ:NTRB): Q2 GAAP EPS of -$0.12. Revenue of $0.5M (+150.0% Y/Y).
Seeking Alpha • Jul 22Nutriband opens a new branch in Ecuador with plans to expand into the South American marketNutriband (NASDAQ:NTRB) registers a new company branch in Quito, Ecuador with plans to expand its product offering to the region through product registration and contract services. "This is a key step for Nutriband and our shareholders as it shows our commitment to expanding our offerings into new markets with a goal to continue to build our revenue opportunities and relationships" said Gareth Sheridan, CEO.
공시 • Jun 26Nutriband Inc.(NasdaqCM:NTRB) dropped from Russell Microcap Value IndexNutriband Inc.(NasdaqCM:NTRB) dropped from Russell Microcap Value Index
Reported Earnings • Jun 01First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: US$0.088 loss per share (down from US$0.05 loss in 1Q 2022). Revenue: US$477.9k (up 10% from 1Q 2022). Net loss: US$690.0k (loss widened 118% from 1Q 2022). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 83%, compared to a 12% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 01Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: US$0.94 loss per share (down from US$0.51 loss in FY 2021). Revenue: US$1.42m (up 51% from FY 2021). Net loss: US$6.37m (loss widened 117% from FY 2021). Revenue exceeded analyst estimates by 9.2%. Earnings per share (EPS) missed analyst estimates by 88%. Over the next year, revenue is forecast to grow 76%, compared to a 12% growth forecast for the pharmaceuticals industry in the US. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Apr 27Price target decreased to US$14.00Down from US$17.00, the current price target is an average from 2 analysts. New target price is 231% above last closing price of US$4.23. Stock is down 77% over the past year. The company is forecast to post a net loss per share of US$0.50 next year compared to a net loss per share of US$0.51 last year.
공시 • Jan 29Nutriband Inc. Announces Board AppointmentsOn January 21, 2022, at the annual meeting of Nutriband Inc.'s Board of Directors immediately following the Annual Meeting of Stockholders, Serguei Melnik, a Board member, President and Secretary of the Company, was also appointed Chairman of the Board. Newly-Elected Member of the company: Board of Directors: Irina Gram-Contulescu was elected as a director of the Company at the January 21, 2022 stockholders meeting. Irina is a new member of the company's Board, and is a Senior Financial Analyst at Thales IFEC, Melbourne, Florida. From 2016 to 2017, she was a Project Engineering Coordinator atThales IFEC.
Major Estimate Revision • Dec 21Consensus revenue estimates fall by 40%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from US$2.08m to US$1.26m. Forecast losses increased from -US$0.17 to -US$0.54 per share. Pharmaceuticals industry in the US expected to see average net income growth of 15% next year. Consensus price target of US$17.00 unchanged from last update. Share price fell 40% to US$3.14 over the past week.
Reported Earnings • Dec 16Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: US$0.21 loss per share (down from US$0.008 loss in 3Q 2021). Revenue: US$283.0k (down 28% from 3Q 2021). Net loss: US$1.38m (loss widened US$1.33m from 3Q 2021). Revenue missed analyst estimates by 44%. Earnings per share (EPS) exceeded analyst estimates by 575%. Earnings per share (EPS) surpassed analyst estimates by 575%. Over the next year, revenue is forecast to grow 77%, compared to a 15% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.
Seeking Alpha • Nov 01Nutriband: Advancing Transdermal Delivery Of Injectable DrugsNutriband is advancing the development of transdermal products for currently injected compounds. The Company’s lead product candidate is an abuse deterrent fentanyl patch incorporating its AVERSA technology. The Company uplisted to Nasdaq effective 10/1/2021.
분석 기사 • Oct 06Does Nutriband (NASDAQ:NTRB) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Price Target Changed • Oct 02Price target decreased to US$24.00Down from US$48.00, the current price target is provided by 1 analyst. New target price is 259% above last closing price of US$6.69. Stock is down 7.7% over the past year.
공시 • Dec 17Nutriband Inc. Signs Exclusive License Agreement with RAMBAM Med Tech Ltd for its Closed System Transfer DeviceNutriband Inc. announced that it signed an exclusive license agreement with RAMBAM Med Tech Ltd. for its Closed System Transfer Device designed to liquify drugs for patients who cannot swallow solids. The Closed System Transfer Device or CSTD combines the act of crushing a solid drug, dissolving in liquid and giving to a patient who cannot swallow for various reasons. The single-use device mechanically prohibits the transfer of environmental contaminants into the system and the escape of hazardous drug or vapor concentrations outside the system making the delivery technology both safe for patients and medical professionals, particularly when seeking to liquify or dissolve hazardous drugs. Following the signing of the exclusive license agreement with RAMBAM, the company plans to develop and file for 510K approval in the United States in the coming months.
공시 • Sep 03Nutriband Inc. (OTCPK:NTRB) completed the acquisition of Transdermal and Health product manufacturing business of Pocono Coated Products LLC for $7.5 million.Nutriband Inc. (OTCPK:NTRB) agreed to acquire Transdermal and Health product manufacturing business of Pocono Coated Products LLC on July 16, 2020. Pocono is set to become the manufacturing subsidiary of Nutriband while 4P Therapeutics will maintain clinical development operations. Nutriband Inc. (OTCPK:NTRB) completed the acquisition of Transdermal and Health product manufacturing business of Pocono Coated Products LLC for $7.5 million on August 31, 2020.
공시 • Aug 06Nutriband Inc. (OTCPK:NTRB) agreed to acquire Transdermal and Health product manufacturing business of Pocono Coated Products LLC.Nutriband Inc. (OTCPK:NTRB) agreed to acquire Transdermal and Health product manufacturing business of Pocono Coated Products LLC on July 16, 2020. Pocono is set to become the manufacturing subsidiary of Nutriband while 4P Therapeutics will maintain clinical development operations.