Last $14.87 USD
Change Today +0.13 / 0.88%
Volume 47.7K
OSIR On Other Exchanges
Symbol
Exchange
NASDAQ GM
Berlin
As of 5:10 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

osiris therapeutics inc (OSIR) Snapshot

Open
$14.74
Previous Close
$14.74
Day High
$15.04
Day Low
$14.72
52 Week High
01/21/14 - $18.41
52 Week Low
04/21/14 - $11.80
Market Cap
510.3M
Average Volume 10 Days
130.2K
EPS TTM
$0.06
Shares Outstanding
34.3M
EX-Date
--
P/E TM
253.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for OSIRIS THERAPEUTICS INC (OSIR)

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osiris therapeutics inc (OSIR) Details

Osiris Therapeutics, Inc., a stem cell company, focuses on the development and marketing products to treat medical conditions in wound care, orthopedic, and sports medicine markets. The company’s stem cell drug, remestemcel-L, is indicated for graft versus host disease. Its products include Grafix and Ovation for acute and chronic wounds; Cartiform, a viable cartilage mesh for cartilage repair; and OvationOS, a viable bone matrix. It markets and distributes its products directly to hospitals and clinics, as well as through a network of distributors. The company has strategic partnership with Stryker Corporation to develop viable bone matrix tissue form. Osiris Therapeutics, Inc. was founded in 1992 and is headquartered in Columbia, Maryland.

70 Employees
Last Reported Date: 03/31/14
Founded in 1992

osiris therapeutics inc (OSIR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $366.8K
Chief Financial Officer, Treasurer and Corpor...
Total Annual Compensation: $227.3K
Compensation as of Fiscal Year 2013.

osiris therapeutics inc (OSIR) Key Developments

Osiris Therapeutics, Inc. and Howmedica Osteonics Corp., Enter into an Exclusive Service Agreement

On December 19, 2014, Osiris Therapeutics, Inc. and Howmedica Osteonics Corp., also referred to as Stryker Orthopaedics, entered into an Exclusive Service Agreement, pursuant to which Stryker will become the exclusive worldwide marketer and promoter of allograft services for Osiris' viable bone matrix allograft, previously referred to as OvationOS, together with any improvements or next generation versions thereof, for use in surgical applications, including spine, trauma, extremity, cranial, and foot and ankle surgery. Stryker intends to market and promote Osiris' viable bone matrix allograft pursuant to the Agreement under the name Bio4. Osiris will be responsible for supply, manufacturing, inventory management, shipments to customers, and the associated risks, and a joint steering committee will guide strategic decisions regarding marketing and commercialization, and scientific and clinical strategy, the costs of which will be shared. The Agreement provides for an initial four year exclusive term, commencing on the date of Stryker's initial commercial sale. The term may be extended by Stryker for an additional exclusive period of four and /or non-exclusive period of two years. The Agreement also contains other terms and conditions typical in arrangements of this type, including pricing and commission terms, shipment, return and consignment terms, first refusal rights, limited early termination rights and termination fees, allocation of regulatory responsibilities, intellectual property and other representations and warranties, and indemnification. Osiris is entitled to receive an initial exclusivity fee of $5,000,000 and additional fees upon any exercise by Stryker of its right to extend the initial term, whether on an exclusive or non-exclusive basis. These additional fees are reduced on a sliding scale if Stryker meets certain revenue thresholds during the term then ending, or if revenue goals are not met as a result of Osiris not fulfilling its supply obligations.

Osiris Therapeutics, Stryker Corporation Enter Strategic Partnership to Develop Viable Bone Matrix

Osiris Therapeutics said it has entered into an exclusive, worldwide partnership with Stryker Corporation for the commercialization and development of OSIR's viable bone matrix tissue form. The agreement provides SYK with exclusive, worldwide rights to OSIR's viable bone matrix under the name BIO4. OSRI will be responsible for the manufacturing, continued research and product improvement activities while SYK will be responsible for the commercialization and marketing of BIO4. The companies also said that to demonstrate the differentiating benefits and ensure the continued success and growth of this innovative product, they will collaborate on the design and conduct of future clinical development programs.

Osiris Therapeutics Announces Expansion of the Leadership Team

Osiris Therapeutics, Inc. announced the expansion of the management team with the appointment of Adrian Mollo as General Counsel and Dr. Jon Hopper as Chief Medical Officer, both reporting to Lode Debrabandere, Ph.D., President and Chief Executive Officer. Gregory Law also recently joined the Osiris management team as Vice President of Finance and Principal Accounting Officer, reporting to Philip Jacoby, Chief Financial Officer. Mr. Mollo joins Osiris after fifteen years with the Washington, D.C. office of McKenna Long & Aldridge LLP, where he served as the lead partner for intellectual property licensing and transactions and as Vice Chair of the Intellectual Property Department. Mr. Mollo's background spans a broad spectrum of legal areas and he has extensive experience working with both established and emerging growth companies. Dr. Hopper most recently worked at Stryker Corp., serving as Vice President, Global Medical Director where he coordinated clinical evaluation and trials, and provided guidance on clinical aspects of risk management, design control and product development. Prior to joining Stryker, Dr. Hopper spent almost five years in wound care with ConvaTec Inc., serving as Vice President of Medical Affairs, North America and Asia Pacific. Mr. Law has over 25 years of finance and accounting experience in a variety of industries including biotechnology, telecommunications, energy, private equity, and consulting. Prior to his appointment at Osiris Therapeutics, Mr. Law was a Principal with Garland Group, where he provided consulting services to public and private companies in the areas of interim CFO and Controllership, financial reporting, mergers & acquisitions, valuation and compliance.

 

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OSIR

Industry Average

Valuation OSIR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 10.2x
Price/Book 6.0x
Price/Cash Flow 10.5x
TEV/Sales 9.2x
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