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Oramed Pharmaceuticals (ORMP)


Market Price (2/6/2026): $3.0 | Market Cap: $125.3 Mil
Sector: Health Care | Industry: Biotechnology

Oramed Pharmaceuticals (ORMP)


Market Price (2/6/2026): $3.0
Market Cap: $125.3 Mil
Sector: Health Care
Industry: Biotechnology

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 32%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 28%
Weak multi-year price returns
2Y Excs Rtn is -16%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -13 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -651%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -99%
  Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 247%
2 Megatrend and thematic drivers
Megatrends include Aging Population & Chronic Disease, and Precision Medicine. Themes include Diabetes Management, and Biopharmaceutical R&D.
  Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -529%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -637%
3   Key risks
ORMP key risks include [1] the Phase 3 failure of its lead oral insulin candidate, Show more.
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 32%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 28%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -99%
2 Megatrend and thematic drivers
Megatrends include Aging Population & Chronic Disease, and Precision Medicine. Themes include Diabetes Management, and Biopharmaceutical R&D.
3 Weak multi-year price returns
2Y Excs Rtn is -16%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -13 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -651%
5 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 247%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -529%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -637%
7 Key risks
ORMP key risks include [1] the Phase 3 failure of its lead oral insulin candidate, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

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Oramed Pharmaceuticals (ORMP) stock has gained about 45% since 10/31/2025 because of the following key factors:

1. Strong Financial Performance and Capital Returns: Oramed Pharmaceuticals reported unaudited financial results for the nine months ended September 30, 2025, showing a significant pre-tax net income of $65.0 million, a substantial improvement from a net loss of $6.1 million in the same period last year. Total assets also increased by 42% to $220.5 million, primarily driven by cash returns from its investment in Scilex Holding Company and unrealized fair-value gains from equity holdings in Alpha Tau Medical Ltd. and other investments. Further bolstering its financial position and returning capital to shareholders, Oramed received an additional $18 million payment from Scilex Holdings in January 2026, bringing total current returns to $118 million. Concurrently, the Board approved a cash dividend payment of $0.25 per share, funded by this surplus capital, which went ex-dividend on January 16, 2026.

2. Strategic Transaction and Partnership with Lifeward Ltd.: In January 2026, Oramed announced binding agreements for a significant strategic transaction with Lifeward Ltd. (formerly ReWalk Robotics). This agreement involves Oramed transferring its Protein Oral Delivery (PODâ„¢) technology to Lifeward. In exchange, Oramed is expected to obtain a 49.9% beneficial ownership interest in Lifeward upon the satisfaction of certain conditions, and will also invest in Lifeward's senior secured convertible notes with warrant coverage. This move signals a new strategic direction for Oramed's core technology, potentially expanding its application and market reach through a diversified biomedical innovation company.

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Stock Movement Drivers

Fundamental Drivers

The 45.4% change in ORMP stock from 10/31/2025 to 2/5/2026 was primarily driven by a 45.5% change in the company's P/S Multiple.
(LTM values as of)103120252052026Change
Stock Price ($)2.233.2445.4%
Change Contribution By: 
Total Revenues ($ Mil)220.0%
P/S Multiple46.567.645.5%
Shares Outstanding (Mil)42420.0%
Cumulative Contribution45.4%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 2/5/2026
ReturnCorrelation
ORMP45.4% 
Market (SPY)-0.7%35.3%
Sector (XLV)7.3%49.6%

Fundamental Drivers

The 61.7% change in ORMP stock from 7/31/2025 to 2/5/2026 was primarily driven by a 63.7% change in the company's P/S Multiple.
(LTM values as of)73120252052026Change
Stock Price ($)2.003.2461.7%
Change Contribution By: 
Total Revenues ($ Mil)220.0%
P/S Multiple41.367.663.7%
Shares Outstanding (Mil)4142-1.3%
Cumulative Contribution61.7%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 2/5/2026
ReturnCorrelation
ORMP61.7% 
Market (SPY)7.5%24.2%
Sector (XLV)19.3%25.0%

Fundamental Drivers

The 55.2% change in ORMP stock from 1/31/2025 to 2/5/2026 was primarily driven by a 9.2233720368547763E17% change in the company's Total Revenues ($ Mil).
(LTM values as of)13120252052026Change
Stock Price ($)2.093.2455.2%
Change Contribution By: 
Total Revenues ($ Mil)029.2233720368547763E17%
Net Income Margin (%)∞%2192.6% 
P/E Multiple19.13.1-83.9%
Shares Outstanding (Mil)4142-2.1%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2025 to 2/5/2026
ReturnCorrelation
ORMP55.2% 
Market (SPY)13.6%21.8%
Sector (XLV)6.8%19.6%

Fundamental Drivers

The 74.6% change in ORMP stock from 1/31/2023 to 2/5/2026 was primarily driven by a 151.4% change in the company's P/S Multiple.
(LTM values as of)13120232052026Change
Stock Price ($)1.863.2474.6%
Change Contribution By: 
Total Revenues ($ Mil)32-25.8%
P/S Multiple26.967.6151.4%
Shares Outstanding (Mil)3942-6.4%
Cumulative Contribution74.6%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2023 to 2/5/2026
ReturnCorrelation
ORMP74.6% 
Market (SPY)72.9%18.9%
Sector (XLV)21.5%16.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ORMP Return237%-16%-81%5%18%29%-13%
Peers Return20%22%8%15%131%-5%296%
S&P 500 Return27%-19%24%23%16%1%83%

Monthly Win Rates [3]
ORMP Win Rate83%42%50%42%50%100% 
Peers Win Rate49%50%42%45%45%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
ORMP Max Drawdown-0%-74%-86%-10%-17%0% 
Peers Max Drawdown-20%-48%-42%-22%-44%-10% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: LLY, PFE, VKTX, RANI, TERN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/5/2026 (YTD)

How Low Can It Go

Unique KeyEventORMPS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-94.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven1639.8%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-54.9%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven121.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven88 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-78.2%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven358.8%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven455 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-77.9%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven352.4%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1,750 days1,480 days

Compare to LLY, PFE, VKTX, RANI, TERN

In The Past

Oramed Pharmaceuticals's stock fell -94.3% during the 2022 Inflation Shock from a high on 11/8/2021. A -94.3% loss requires a 1639.8% gain to breakeven.

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About Oramed Pharmaceuticals (ORMP)

Oramed Pharmaceuticals Inc. engages in the research and development of pharmaceutical solutions for the treatment of diabetes and for the use of orally ingestible capsules or pills for delivery of polypeptides. Its proprietary flagship product is the ORMD-0801, an orally ingestible insulin capsule, which completed phase II clinical trials for the treatment of individuals with diabetes. It is also developing ORMD-0901, an oral glucagon-like peptide-1 capsule that has completed phase I clinical trials for the treatment of type 2 diabetes; and a weight loss treatment in the form of an oral leptin capsule. The company was formerly known as Integrated Security Technologies, Inc. and changed its name to Oramed Pharmaceuticals Inc. in April 2006. Oramed Pharmaceuticals Inc. was founded in 2002 and is based in New York, New York.

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The Eli Lilly or Novo Nordisk for oral insulin.

AI Analysis | Feedback

  • ORMD-0801 (Oral Insulin Capsule): An investigational oral insulin capsule designed to replace injected insulin for individuals with type 1 and type 2 diabetes.
  • ORMD-0901 (Oral GLP-1 Analog): An investigational oral glucagon-like peptide-1 (GLP-1) analog being developed for type 2 diabetes and non-alcoholic steatohepatitis (NASH).

AI Analysis | Feedback

Oramed Pharmaceuticals (ORMP) is a clinical-stage pharmaceutical company focused on developing oral drug delivery systems. As of its latest financial reports, Oramed does not have any commercially approved products on the market.

Therefore, Oramed Pharmaceuticals does not currently have "major customers" in the traditional sense of companies or individuals purchasing its products. Its revenue sources primarily include grants from entities such as the Israel Innovation Authority (IIA) and interest income, rather than sales of commercial products.

While Oramed has historically pursued licensing agreements for its investigational products (for instance, a previous agreement with Hefei Tianhui Biotechnology Co., Ltd. for ORMD-0801 in China), these are collaborations for development and potential future commercialization rather than direct sales to major customers. As of its most recent filings, there is no significant licensing income from specific commercial partners that would constitute a "major customer."

The company's primary focus remains on research and development for its pipeline candidates, such as its oral insulin (ORMD-0801) and oral GLP-1 analog (ORMD-0901).

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Nadav Kidron, Chief Executive Officer, President & Chairman

Nadav Kidron co-founded Oramed Pharmaceuticals in 2006 and serves as its CEO, President, and Chairman. He is an entrepreneur with extensive experience in senior executive roles across various industries. Mr. Kidron co-founded Oravax Medical, a joint venture with Oramed and Premas Biotech, where he also serves as Chairman of the Board, focusing on an oral COVID-19 vaccine. He also co-founded Entera Bio, a joint venture with Oramed and DNA Biomedical Solutions, and was a director of Entera Bio Ltd. until 2016. Additionally, he is Chairman of the board of MDG Real Estate Global, Ltd., and a director of the Israel Advanced Technology Industries Organization. Mr. Kidron holds a bachelor's degree in law and an international master's in business administration from Bar-Ilan University.

Avraham Gabay, Chief Financial Officer, Treasurer & Secretary

Avraham Gabay was appointed as Chief Financial Officer, Treasurer, and Secretary of Oramed Pharmaceuticals, effective June 18, 2024. He brings a wealth of experience, having previously held financial leadership roles at BiomX Inc., Oravax Inc., and other notable firms. Mr. Gabay is a certified public accountant and a member of the Israeli Bar Association.

Miriam Kidron, Chief Scientific Officer & Director

Dr. Miriam Kidron co-founded Oramed Pharmaceuticals in 2006 and serves as its Chief Scientific Officer and a Director. A pharmacologist and biochemist, she earned her PhD in biochemistry from the Hebrew University of Jerusalem. Dr. Kidron spent nearly two decades as a senior researcher in the Diabetes Unit at Hadassah-Hebrew University Medical Center in Jerusalem, Israel, and was recognized with the Bern Schlanger Award for her diabetes research. She is a member of the European Association For The Study of Diabetes and Medicine On Line Israel (Moli) Ltd., and a former member of the American Diabetes Association.

Josh Hexter, Chief Operating & Business Officer

Josh Hexter was appointed Chief Operating Officer and Vice President of Business Development for Oramed Pharmaceuticals in April 2013. He has over 15 years of leadership experience in business development and operations within the biotech industry. Prior to joining Oramed, Mr. Hexter served as the Executive Director of Corporate In-Licensing at BioLineRx. He holds a BA from the University of Wisconsin and a Masters in Business Management from Boston University. He is also a General Partner at Psagot Winery.

Dr. Michael Berelowitz, Chairman of Scientific Advisory Board

Dr. Michael Berelowitz was elected to Oramed's Board of Directors in March 2014 and serves as the Chairman of its Scientific Advisory Board. Since 2011, he has worked as a biopharmaceutical consultant. Before that, from 2009 to 2011, Dr. Berelowitz was Senior Vice President and Head of Clinical Development and Medical Affairs in the Specialty Care Business Unit at Pfizer, Inc., where he also held various other roles of increasing responsibility from 1996 to 2009, beginning as a Medical Director in the Diabetes Clinical Research team. He previously spent several years in academia. Dr. Berelowitz holds adjunct appointments as Professor of Medicine at SUNY – StonyBrook and Mt. Sinai School of Medicine in New York. He has authored or co-authored over 100 peer-reviewed journal articles and book chapters on topics including pituitary growth hormone regulation, diabetes, and metabolic disorders.

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Oramed Pharmaceuticals (ORMP) faces several significant risks that could impact its business operations and financial stability. The most prominent risks include setbacks in clinical trials and product development, substantial liquidity and funding challenges, and the inherent risks associated with its strategic partnerships and broader geopolitical factors.

1. Clinical Trial Failures and Product Development Risks

The most significant risk to Oramed Pharmaceuticals is the potential for clinical trial failures and the subsequent impact on product development. This risk has already materialized, as Oramed's lead oral insulin candidate, ORMD-0801, failed to meet its primary and secondary endpoints in a Phase 3 trial for Type 2 Diabetes, leading to the discontinuation of its development for this indication. This failure directly challenges the efficacy and market potential of their core technology. The company also faces general risks such as delays in launching clinical trials, difficulty in translating laboratory results to real-world settings, and the ongoing need for scientific validation of its technology. Furthermore, the success of Oramed's investment in Alpha Tau Medical Ltd. is contingent upon unproven clinical milestones, adding another layer of development risk.

2. Liquidity and Funding Challenges

Oramed Pharmaceuticals is facing considerable liquidity and funding risks. The company experienced a 71% drop in its cash reserves from December 2024 to June 2025, with cash plummeting from $54.4 million to $15.8 million. This decline is exacerbated by high cash burn rates and elevated research and development (R&D) expenses, raising concerns about the sustainability of its funding without further dilution or debt. To mitigate these challenges, Oramed will need to secure additional financing or accelerate revenue streams, as its current liquidity could become a critical constraint if new funding is not obtained. The company's stock price has also demonstrated significant volatility, particularly after adverse clinical trial results, and there is a risk of failing to comply with Nasdaq's continued listing requirements, such as maintaining a minimum bid price.

3. Strategic Partnership and Geopolitical Risks

Oramed's reliance on strategic partnerships introduces considerable business risk, particularly when external factors come into play. The joint venture with Hefei Tianhui Biotech Co., Ltd. (HTIT), which aims to commercialize oral insulin, has experienced delays due to U.S.-China trade tensions. These delays have stalled clinical trials for oral insulin within the joint venture and necessitated costly partnership adjustments. The inability to realize anticipated benefits from such collaborations or over-reliance on external partners could significantly hinder Oramed's ability to capitalize on the full market potential of its drug products and technology. Additionally, Oramed's operations in Israel expose the company to broader political, economic, and military risks in the region.

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The rapidly intensifying and highly competitive landscape in the market for GLP-1 receptor agonists and other anti-obesity and diabetes drugs poses a clear emerging threat to Oramed. Major pharmaceutical companies have already launched highly effective injectable GLP-1s (e.g., Novo Nordisk's Wegovy, Eli Lilly's Zepbound) that set a very high efficacy bar for weight loss and glycemic control. Furthermore, Novo Nordisk's Rybelsus (oral semaglutide) is an established oral GLP-1, and other large pharmaceutical companies are actively developing potentially more effective or better-tolerated oral GLP-1s and multi-agonist therapies. This robust pipeline and existing market presence, coupled with significant R&D investment by well-capitalized competitors, threatens Oramed's ability to successfully develop and commercialize its lead candidate ORMD-0901 (oral GLP-1 analog) and differentiate its Protein Oral Delivery (POD) platform in an increasingly crowded and high-stakes market.

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Oramed Pharmaceuticals (ORMP) is developing oral drug delivery systems for several therapeutic areas. The addressable markets for their main products are outlined below:

  • ORMD-0801 (Oral Insulin for Type 2 Diabetes):

    The global diabetes market is projected to be approximately $170 billion by 2025, with oral delivery methods anticipated to constitute about one-third of this market. In North America, the human insulin drugs market is estimated at $12.03 billion in 2025 and is expected to grow to $14.58 billion by 2030. While Oramed's Phase 3 trial for oral insulin in Type 2 Diabetes experienced a setback in January 2023, the company identified specific patient subpopulations that responded well to the treatment and is evaluating its path forward.

  • ORMD-0801 (Oral Insulin for Non-Alcoholic Steatohepatitis - NASH):

    The global nonalcoholic steatohepatitis (NASH) market size was valued at $9.98 billion in 2024 and is expected to reach $314.07 billion by 2033, growing at a CAGR of 46.7%. Another projection estimates the global NASH market to reach $57.5 billion by 2033. The U.S. NASH market alone is expected to be valued at $18.3 billion by 2026. Oramed has reported positive mid-stage data for ORMD-0801 in NASH patients, showing a clinically meaningful reduction in liver fat, and is currently evaluating its next steps for this indication.

  • ORMD-0901 (Oral GLP-1 Analog for Type 2 Diabetes and Obesity):

    The global GLP-1 receptor agonist market size was $24.4 billion in 2023 and is anticipated to grow to $55.7 billion by 2032, at a CAGR of 9.7% from 2024 to 2032. Another estimate places the global GLP-1 Receptor Agonist market at $25.3 billion in 2024, projected to reach $91.53 billion by 2035. For the broader anti-obesity drugs market, which GLP-1 analogs address, the global market could reach $150 billion by 2035, or potentially $177.27 billion by 2031. North America led the anti-obesity drugs market in 2024.

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Oramed Pharmaceuticals (ORMP) is a clinical-stage biotechnology company focused on developing oral drug delivery systems for conditions traditionally treated with injections. While the company has faced setbacks with its lead oral insulin candidate, ORMD-0801, its future revenue growth over the next 2-3 years is expected to be driven by a combination of pipeline advancements, strategic partnerships, and returns from its diversified investment portfolio.

  1. Advancement and potential commercialization of ORMD-0801 (oral insulin) in specific patient subgroups: Despite the termination of a previous Phase 3 trial for ORMD-0801 in type 2 diabetes, Oramed plans to initiate a new 60-patient U.S. trial focusing on high-responder subgroups where the oral insulin showed potential for significant HbA1c reduction. Successful results from this refined clinical strategy could lead to future regulatory pathways and eventual commercialization, generating revenue. The company is pursuing this development independently after a previous joint venture was terminated.
  2. Royalties from the commercialization of oral insulin in China through OraTech: A Marketing Authorization Application for Oramed's oral insulin capsule has been submitted in China by Hefei Tianhui Incubator of Technologies (HTIT). OraTech, a new joint venture where Oramed shareholders are expected to receive majority holdings via a dividend, is anticipated to receive royalties from this commercialization.
  3. Progression of ORMD-0801 for Non-Alcoholic Steatohepatitis (NASH) and ORMD-0901 (oral GLP-1 analog): Beyond diabetes, Oramed is exploring ORMD-0801 for treating NASH, where it is currently in Phase 2 trials. Additionally, ORMD-0901, an oral GLP-1 analog for type 2 diabetes and metabolic disorders, is in Phase 1 development. Positive clinical trial outcomes for these pipeline candidates could attract partnerships or lead to their eventual market entry, contributing to future revenue streams.
  4. Returns and monetization from its diversified investment portfolio: Oramed has strategically invested in a diversified portfolio of biomedical companies. These investments, such as in Scilex and Alpha Tau, have already generated significant gains and are expected to continue to contribute to the company's financial position, with approximately $60 million expected from Scilex in the next 12 months. While not direct product revenue, the ability to leverage and potentially monetize these investments can provide capital for ongoing research and development or strategic initiatives that could ultimately drive revenue growth.

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Share Repurchases

  • Oramed Pharmaceuticals authorized a stock buy-back program for up to $20 million in June 2024, which was extended until June 2026.
  • As of May 21, 2025, Oramed had repurchased $2.49 million in shares under its buy-back program.
  • In October 2025, the company repurchased 1,155,367 shares of its common stock from Hefei Tianhui Biotech Co., Ltd. (HTIT Biotech) for approximately $2.58 million.

Share Issuance

  • In November 2021, Oramed raised gross proceeds of $50 million through a registered direct offering, with shares priced at $25 per share.
  • Oramed's stockholders approved an amendment in October 2025 to increase the number of authorized shares for issuance by 2,000,000, bringing the total to 9,500,000 shares under its 2019 Stock Incentive Plan.

Inbound Investments

  • Oramed received $40 million from Scilex Holding Company as part of the principal of a Senior Secured Note by June 2024, with an additional $20 million expected by September 2024.
  • In October 2024, Oramed restructured $22.5 million of Scilex's debt, receiving a $25 million convertible note, warrants for 3.75 million Scilex shares, and a $12.5 million repayment from new financing.
  • Scilex repurchased warrants from Oramed to purchase 3,130,000 shares of common stock for $13 million in October 2025.

Outbound Investments

  • In April 2025, Oramed made a strategic investment of $36.9 million in Alpha Tau Medical (Nasdaq: DRTS), acquiring approximately 14.1 million ordinary shares, and later an additional $0.846 million for 259,000 shares, bringing the total investment to $37.7 million.
  • Oramed committed to an initial investment of $7.5 million in the OraTech Pharmaceuticals joint venture with Hefei Tianhui Biotech (HTIT), announced in February 2025 (this joint venture was later terminated in October 2025).
  • Oramed has invested and loaned approximately $32.4 million in real estate and loans with real estate collateral.

Capital Expenditures

  • Capital expenditures for Oramed Pharmaceuticals in the last 12 months were reported as -$23,000.

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Peer Comparisons

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Financials

ORMPLLYPFEVKTXRANITERNMedian
NameOramed P.Eli LillyPfizer Viking T.Rani The.Terns Ph. 
Mkt Price3.241,020.8426.4926.291.1035.3426.39
Mkt Cap0.1915.6150.63.00.13.23.1
Rev LTM259,42062,7860102
Op Inc LTM-1326,39115,417-275-41-108-27
FCF LTM-136,43610,376-225-28-78-20
FCF 3Y Avg-131,3328,927-122-41-71-27
CFO LTM-1116,06213,077-225-28-78-19
CFO 3Y Avg-129,43612,127-122-40-71-26

Growth & Margins

ORMPLLYPFEVKTXRANITERNMedian
NameOramed P.Eli LillyPfizer Viking T.Rani The.Terns Ph. 
Rev Chg LTM-45.4%3.9%---24.7%
Rev Chg 3Y Avg-27.5%-13.2%---7.1%
Rev Chg Q-53.9%-5.9%---24.0%
QoQ Delta Rev Chg LTM0.0%11.6%-1.6%-0.0%-0.0%
Op Mgn LTM-650.5%44.4%24.6%--3,418.2%--313.0%
Op Mgn 3Y Avg-36.3%19.4%---27.9%
QoQ Delta Op Mgn LTM33.1%2.3%-1.4%-378.5%-17.7%
CFO/Rev LTM-529.5%27.0%20.8%--2,305.2%--254.3%
CFO/Rev 3Y Avg-20.4%18.9%---19.6%
FCF/Rev LTM-636.8%10.8%16.5%--2,315.2%--313.0%
FCF/Rev 3Y Avg-1.6%13.9%---7.8%

Valuation

ORMPLLYPFEVKTXRANITERNMedian
NameOramed P.Eli LillyPfizer Viking T.Rani The.Terns Ph. 
Mkt Cap0.1915.6150.63.00.13.23.1
P/S67.615.42.4-42.6-29.0
P/EBIT2.339.112.7-10.7-1.2-29.90.6
P/E3.149.715.3-12.4-1.8-34.30.6
P/CFO-12.857.011.5-13.1-1.8-41.7-7.3
Total Yield32.4%2.6%13.0%-8.0%-55.4%-2.9%-0.2%
Dividend Yield0.0%0.6%6.4%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-12.5%0.1%5.9%-3.6%-69.9%-10.7%-7.2%
D/E0.00.00.40.00.30.00.0
Net D/E-1.00.00.3-0.20.3-0.1-0.0

Returns

ORMPLLYPFEVKTXRANITERNMedian
NameOramed P.Eli LillyPfizer Viking T.Rani The.Terns Ph. 
1M Rtn13.2%-4.1%5.9%-18.6%-20.3%-7.8%-5.9%
3M Rtn58.0%9.1%10.3%-29.5%-51.5%93.6%9.7%
6M Rtn67.1%59.9%13.1%-26.1%106.4%526.6%63.5%
12M Rtn58.7%22.1%7.5%-21.5%-23.6%658.4%14.8%
3Y Rtn67.1%209.6%-27.5%175.0%-81.2%260.6%121.0%
1M Excs Rtn15.3%-2.0%8.0%-16.5%-18.2%-5.7%-3.8%
3M Excs Rtn52.0%12.3%12.4%-24.5%-54.2%102.4%12.4%
6M Excs Rtn59.5%30.1%7.4%-24.7%93.0%516.1%44.8%
12M Excs Rtn46.1%11.9%-2.8%-31.4%-32.3%669.3%4.6%
3Y Excs Rtn7.9%137.0%-94.9%133.3%-146.7%222.9%70.6%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2024202320222021
Single Segment  13
Total  13


Assets by Segment
$ Mil2024202320222021
Single Segment221162  
Total221162  


Price Behavior

Price Behavior
Market Price$3.24 
Market Cap ($ Bil)0.1 
First Trading Date05/01/2007 
Distance from 52W High-12.2% 
   50 Days200 Days
DMA Price$3.00$2.33
DMA Trendupup
Distance from DMA7.9%39.2%
 3M1YR
Volatility57.4%52.1%
Downside Capture66.7694.48
Upside Capture332.72130.12
Correlation (SPY)31.1%21.1%
ORMP Betas & Captures as of 1/31/2026

 1M2M3M6M1Y3Y
Beta0.941.111.640.990.570.71
Up Beta-1.20-0.461.760.690.330.61
Down Beta2.711.061.210.220.190.64
Up Capture268%312%370%244%154%61%
Bmk +ve Days11223471142430
Stock +ve Days10172655105340
Down Capture-308%0%72%85%95%92%
Bmk -ve Days9192754109321
Stock -ve Days9192957123366

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ORMP
ORMP59.0%52.0%1.06-
Sector ETF (XLV)6.7%17.3%0.2219.9%
Equity (SPY)13.6%19.3%0.5421.5%
Gold (GLD)69.7%24.7%2.113.2%
Commodities (DBC)7.1%16.6%0.244.0%
Real Estate (VNQ)4.4%16.5%0.0920.3%
Bitcoin (BTCUSD)-26.6%40.5%-0.6610.9%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ORMP
ORMP-13.7%82.5%0.28-
Sector ETF (XLV)7.7%14.4%0.3520.3%
Equity (SPY)14.4%17.0%0.6725.5%
Gold (GLD)20.8%16.9%1.011.7%
Commodities (DBC)11.7%18.9%0.504.5%
Real Estate (VNQ)5.2%18.8%0.1817.5%
Bitcoin (BTCUSD)16.0%57.4%0.4913.6%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ORMP
ORMP-5.8%72.7%0.29-
Sector ETF (XLV)10.8%16.5%0.5417.7%
Equity (SPY)15.5%17.9%0.7421.3%
Gold (GLD)15.4%15.5%0.83-1.1%
Commodities (DBC)7.9%17.6%0.376.4%
Real Estate (VNQ)6.0%20.7%0.2614.6%
Bitcoin (BTCUSD)69.0%66.5%1.089.1%

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Short Interest

Short Interest: As Of Date1152026
Short Interest: Shares Quantity0.4 Mil
Short Interest: % Change Since 12312025-3.7%
Average Daily Volume0.4 Mil
Days-to-Cover Short Interest1.0 days
Basic Shares Quantity41.8 Mil
Short % of Basic Shares1.0%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/24/2025-0.8%0.0%8.4%
11/10/202214.7%23.3%27.1%
SUMMARY STATS   
# Positive122
# Negative100
Median Positive14.7%11.6%17.7%
Median Negative-0.8%  
Max Positive14.7%23.3%27.1%
Max Negative-0.8%  

SEC Filings

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Report DateFiling DateFiling
09/30/202511/13/202510-Q
06/30/202508/14/202510-Q
03/31/202505/15/202510-Q
12/31/202403/27/202510-K
09/30/202411/07/202410-Q
06/30/202408/14/202410-Q
03/31/202405/09/202410-Q
12/31/202303/06/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/11/202310-Q
12/31/202203/06/202310-K
09/30/202211/10/202210-Q
06/30/202208/10/202210-Q
03/31/202205/12/202210-Q
12/31/202103/30/202210-QT