Welcome to our dedicated page for Swk Hldgs news (Ticker: SWKH), a resource for investors and traders seeking the latest updates and insights on Swk Hldgs stock.
SWK Holdings Corp (NASDAQ: SWKH) - a leader in specialized healthcare finance - provides investors and industry stakeholders with critical updates through this centralized news hub. Track all official announcements, strategic developments, and financial disclosures from the company pioneering non-dilutive funding solutions for life science innovators.
This resource delivers verified SWKH news including earnings reports, royalty financing agreements, partnership announcements, and regulatory filings. Investors gain timely access to:
- Quarterly financial performance updates
- Strategic acquisitions and asset purchases
- Enteris BioPharma development milestones
- Portfolio company progress reports
Bookmark this page for direct access to SWK Holdings' latest press releases and market-moving developments. Our curated news collection eliminates fragmented research, providing a reliable single source for monitoring the company's healthcare finance activities and pharmaceutical sector impact.
On May 26, 2022, Enteris BioPharma engaged its employees in a charitable event, creating stuffed teddy bears for Ronald McDonald House Charities to comfort sick children. This initiative emphasized teamwork and community support, aligning with the company’s patient-focused values. The bears were distributed to families in New Brunswick, NJ, providing comfort during tough times. Enteris is a subsidiary of SWK Holdings Corporation (Nasdaq: SWKH) offering contract development and manufacturing services, leveraging proprietary drug delivery technologies to address unmet clinical needs.
SWK Holdings Corporation (Nasdaq: SWKH) announced a $200 million universal shelf registration statement on Form S-3 and a $10 million stock repurchase program authorized by its Board of Directors. The repurchase will be executed through a 10b5-1 trading plan until May 15, 2023. CEO Winston Black stated that these moves aim to enhance the company's financial position and support life sciences firms' capital needs. There are no guarantees regarding the completion of any debt offerings or the exact number of shares repurchased.
SWK Holdings Corporation (SWKH) reported a strong first quarter of 2022 with total revenue increasing by 18% to $11.1 million year-over-year. The company achieved a GAAP net income of $3.5 million, reflecting a 2.9% growth. The finance portfolio realized yield rose to 22.5%, indicating solid loan performance. As of March 31, 2022, tangible financing book value per share reached $18.39, a 12.7% year-over-year increase. Total investment assets decreased by 10.6% year-over-year to $195.8 million. The company is well-positioned with $63.4 million available in cash and credit facilities.
SWK Holdings Corporation (Nasdaq: SWKH) will host a conference call and audio webcast on May 11, 2022 at 10:00 a.m. ET to discuss its Q1 2022 financial results. Participants can join by dialing (844) 378-6488 for the U.S. or (412) 317-1079 for international calls, using passcode 10166330. The webcast will be available on the company's website and archived for 90 days afterward. SWK specializes in financing solutions for small to mid-sized healthcare companies and owns Enteris BioPharma, which develops innovative drug delivery technologies.
Enteris BioPharma, a subsidiary of SWK Holdings (Nasdaq: SWKH), will exhibit at CPhI North America 2022 from May 17-19 in Philadelphia. The company aims to showcase its innovative drug delivery technologies, including Peptelligence® and ProPerma®, which facilitate the oral delivery of challenging compounds. Enteris also provides comprehensive contract manufacturing services, enhancing its position in the pharmaceutical sector. CEO Rajiv Khosla emphasized the importance of this event for exploring partnerships in drug development and manufacturing.
On April 12, 2022, Enteris BioPharma, a subsidiary of SWK Holdings (Nasdaq: SWKH), announced acceptance of two abstracts for poster presentations at ENDO 2022, scheduled for June 11-14, 2022, in Atlanta. The abstracts focus on oral leuprolide formulations developed using Enteris' Peptelligence® technology, aimed at improving patient compliance for therapies typically requiring injections. These represent significant advancements in Enteris' clinical pipeline targeting critical unmet needs in treatment.
Enteris BioPharma, a subsidiary of SWK Holdings (Nasdaq: SWKH), has been featured in Drug Development and Delivery for its innovative oral delivery technologies, Peptelligence® and ProPerma®. These technologies address permeability and solubility challenges in drug formulation, enabling the oral delivery of peptides and small molecules. CEO Rajiv Khosla emphasized the rising interest from pharmaceutical companies in oral versions of traditionally difficult-to-deliver drugs. Enteris has initiated six feasibility programs and is in active partnerships to enhance treatment options across various therapeutic areas.
SWK Holdings Corporation (Nasdaq: SWKH) reported its fourth-quarter 2021 financial results, highlighting a total revenue of $15.0 million, representing a 38% increase from the prior year. The company closed four transactions between December 2021 and March 2022, deploying $38.5 million. Notably, Enteris received a $5.0 million milestone payment from Cara Therapeutics. Despite a 10.7% decrease in total investment assets to $189.7 million, non-GAAP adjusted net income rose to $9.5 million, a increase from $7.5 million year-over-year.
Advanced Oxygen Therapy Inc. (AOTI) has secured significant growth funding from SWK Holdings Corporation (Nasdaq: SWKH) to expand its noninvasive topical oxygen wound healing solution, TWO2, across the USA. The funding will enhance market access and clinical support for TWO2, which has shown a six-fold reduction in ulcer recurrence and an 88% reduction in hospitalizations for chronic wounds. AOTI aims to meet the growing demand for its therapy, which is clinically proven to improve patient outcomes and reduce healthcare costs.
