Assertio Holdings, Inc.
↗Lake Forest, USA
Assertio is a specialty pharmaceutical company focused on acquiring and optimizing commercial-stage assets, particularly in the areas of neurology, inflammation, and pain management. The company operates under a lean, acquisition-driven business model, seeking to maximize the value of established brands through targeted marketing and lifecycle management rather than traditional early-stage drug discovery.
Following its 2023 acquisition of Spectrum Pharmaceuticals, Assertio expanded its portfolio into oncology with the addition of Rolvedon. The company has undergone significant transformation in recent years, shifting from its legacy as Depomed to a streamlined entity focused on maintaining a diversified portfolio of high-margin pharmaceutical products.
CLASSIFICATION
Company Type:Biotech
Therapeutic Areas:
Industry:Pharmaceuticals
Sub-Industry:Specialty Pharmaceuticals
SIZE & FINANCIALS
Employees:51-200
Revenue:$150M-$200M
Founded:1995
Ownership:public
Status:operating
FUNDING
Stage:Public
Total Raised:N/A
Investors:BlackRock, Vanguard, Renaissance Technologies
STOCK
Exchange:NASDAQ
Ticker:ASRT
Market Cap:$45M
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial
Modalities:Small molecule, Biologics
Active Trials:2
Trial Phases:Phase 4: 2
FDA Approvals:6
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:Spectrum Pharmaceuticals, Inc.
Key Partnerships:Hanmi Pharmaceutical (Rolvedon licensing partner)
COMPETITION
Position:Niche Player
Competitors:Amneal Pharmaceuticals, Teva Pharmaceutical Industries, Viatris, Amgen (Neulasta)
LEADERSHIP
Key Executives:
Heather Mason - Interim CEO / Board Chair
Paul Schwichtenberg - CFO
Board Members:Heather Mason, Peter Staple, William T. McKee
LINKS
⚠
Is this information incorrect? This profile was AI-generated from publicly available sources and may contain errors. If you are a representative of Assertio Holdings, Inc. and believe any information on this page is inaccurate, we will promptly correct or remove it.REPORT AN ERROR
Disclaimer: IntuitionLabs.ai is not affiliated with, endorsed by, or associated with Assertio Holdings, Inc.. The information on this page was compiled using AI from publicly available sources and may be incomplete, outdated, or contain errors. We are committed to correcting inaccuracies promptly upon notice. For official information, please visit the company's website directly.