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Inotiv Inc   (NASDAQ: NOTV)
    Sector  Healthcare    Industry Medical Laboratories
   Industry Medical Laboratories
   Sector  Healthcare
 
Price: $0.0111 $0.01 %
Day's High: $0.011099999770522118 Week Perf: 0.00
Day's Low: $ 0.01 30 Day Perf: -93.47 %
Volume (M): 0 52 Wk High: $ 1.70
Volume (M$): $ 0 52 Wk Avg: $0.64
Open: $0.01 52 Wk Low: $0.01



 Market Capitalization (Millions $) 0
 Shares Outstanding (Millions) 35
 Employees 2,046
 Revenues (TTM) (Millions $) 507
 Net Income (TTM) (Millions $) -87
 Cash Flow (TTM) (Millions $) -4
 Capital Exp. (TTM) (Millions $) 14

Business Description


Inotiv Inc. is a leading provider of contract research services to the pharmaceutical, biotechnology, and medical device industries. The company was founded in 1992 and is headquartered in West Lafayette, Indiana, USA. Inotiv has a long history of providing high-quality analytical and bioanalytical services, as well as other technical services such as pharmacokinetic and toxicology studies.

Inotiv's services include bioanalysis, preclinical and clinical pharmacology, and clinical trial management. Their bioanalysis services help clients determine the concentration of drug molecules in blood, plasma, or other fluids. The preclinical and clinical pharmacology services include dose ranging studies, pharmacokinetics and pharmacodynamics studies, as well as toxicology studies, where they use animal models to evaluate the safety of drugs. Inotiv's clinical trial management services involve the coordination and management of clinical trials, including the selection of investigators, the design and implementation of protocols, and the management of data.

Inotiv is an accredited laboratory with over 20 years of experience in the industry, and their team of scientists and technicians possess the expertise and the knowledge to provide clients with the highest quality services. They have state-of-the-art facilities and equipment, which allows them to offer a broad range of analytical and bioanalytical services that meet or exceed regulatory requirements.

Inotiv's clients include pharmaceutical and biotechnology companies, as well as academic and government institutions. They have a significant presence in North America, Europe, and Asia, and their services have been relied upon to support the development of hundreds of drugs and medical devices.

In terms of financial performance, Inotiv has consistently grown revenues year over year, and has been profitable for over a decade. As of 2021, the company has a market capitalization of more than $350 million, making it a relatively small player in the contract research industry.

Overall, Inotiv's commitment to excellence in science, rigorous quality assurance, and a focus on customer satisfaction has made it a highly trusted partner to many of the world's leading pharmaceutical and biotechnology companies.


   Company Address: 2701 KENT AVENUE WEST LAFAYETTE 47906 IN
   Company Phone Number: 463-4527   Stock Exchange / Ticker: NASDAQ NOTV


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CRL   -3.46%    
IQV        0.37% 
LH   -1.97%    
MEDP   -4.2%    
• View Complete Report
   



Stock Market Announcement

Inotiv Inc.s Financial Fortification: $3.6 Million Equity Injection Amidst Rising Market Momentum,

Published Mon, Dec 30 2024 9:05 PM UTC

Inotiv s Strategic Equity Maneuver: A Boost in Capital Amid Strong Market PerformanceInotiv, Inc. (Nasdaq: NOTV), a prominent contract research organization, has successfully completed an additional equity offering netting approximately $3.6 million. The West Lafayette, Indiana-based company announced on December 30, 2024, that it had raised these funds through the issuance ...

Shares

Inotiv, Inc. Bolsters Financial Position with $24 Million Equity Offering: What It Means for Shareholders

Published Mon, Dec 23 2024 9:05 PM UTC

Inotiv, Inc. a prominent player in the contract research organization (CRO) sector, has successfully completed an underwritten public offering, raising significant capital for its operations and future growth initiatives. Here are the key facts and implications surrounding this development:Key Facts:1. Equity Offering Details: On December 19, 2024, Inotiv, Inc. closed an off...

Financing Agreement

Inotiv, Inc. Amends Its Credit Agreement and Secures Additional Liquidity Amid Controversy

Published Mon, Sep 16 2024 12:01 PM UTC


Inotiv, Inc. a contract research organization specializing in nonclinical and analytical drug discovery and development, is currently navigating a turbulent landscape marked by financial maneuvers and ethical scrutiny. On September 16, 2024, the company announced a strategic amendment to its Credit Agreement, designed to provide additional liquidity at a critical junctu...

Stocks on the Move

Iowa Institutions Must Prioritize the Protection of Animals Used in Research

Published Wed, Jun 26 2024 2:44 PM UTC

Animal welfare has long been a contentious issue within the realm of scientific research, and recent revelations regarding the mistreatment of animals by Inotiv Inc. and its subsidiary, Envigo, have sparked outrage and calls for stricter regulations. The U.S. Department of Justice s announcement of a record-breaking $35 million fine levied against Inotiv has brought this iss...

Management Announcement

Inotiv, Inc. Faces Setbacks as Shares Plummet and Net Losses Mount

Published Mon, Jun 10 2024 11:31 AM UTC



Inotiv, Inc. (Nasdaq: NOTV), a renowned contract research organization focused on nonclinical and analytical drug discovery and development services, has recently experienced a series of challenges. The company s shares have plummeted by a staggering 64% over the past month, reflecting investor concerns. Furthermore, Inotiv s financial reports indicate a cumulative...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) -
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 0.00
Price to Sales (Expected) -
Price to Book 0
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.03
Working Capital Ratio 0.27
Leverage Ratio (MRQ) 8.11
Total Debt to Equity 5.32
Interest Coverage (TTM) -
Debt Coverage (TTM) -

Per Share Current
Earnings (TTM) -2.54 $
Revenues (TTM) 14.64 $
Cash Flow (TTM) -
Cash 0.44 $
Book Value 2.22 $
Dividend (TTM) 0 $

Efficiency Current
Revenue per Employee (TTM) 247,975
Net Income per Employee (TTM) -42,509
Receivable Turnover Ratio (TTM) -
Inventory Turnover Ratio (TTM) 4.25
Asset Turnover Ratio (TTM) 0.68

Profitability Ratios Current
Gross Margin (MRQ) 62.58 %
Operating Margin (MRQ) -16.41 %
Net Margin (MRQ) -27.6 %
Net Cash Flow Margin (MRQ) 2.08 %
Effective Tax Rate (TTM) -

Management Effectiveness Current
Return On Assets (TTM) -
Return On Investment (TTM) -
Return On Equity (TTM) -
Dividend Yield -
Pay out Ratio (TTM) -



Inotiv Inc's Segments
InterEliminations    -2.9 % of total Revenue
Service    49.68 % of total Revenue
Product    50.32 % of total Revenue
Discovery and Safety Assessment Segment    40.02 % of total Revenue
Discovery and Safety Assessment Service    38.77 % of total Revenue
Discovery and Safety Assessment Product    1.25 % of total Revenue
Research Models And Services Segment    59.98 % of total Revenue
Research Models And Services Service    10.91 % of total Revenue
Research Models And Services Product    49.07 % of total Revenue
United States    88.12 % of total Revenue
Netherlands    5.41 % of total Revenue
Other    6.46 % of total Revenue

  Inotiv Inc Outlook

On December 11 2023 the Inotiv Inc provided following guidance

Inotiv Inc. has released its financial results for the fourth quarter and full year of fiscal 2023, along with a business update. The company has reported a 4.5% increase in revenue for fiscal year 2023, reaching a total of $572.4 million. This achievement is in line with the revised guidance provided by the company.

During the past fiscal year, Inotiv Inc. has made significant progress in expanding its Drug Substance Analysis (DSA) capacity, developing new services, and reducing outsourcing. These accomplishments are expected to drive further growth in DSA revenues for fiscal year 2024.

Inotiv Inc. anticipates achieving the remainder of expected expense reductions in fiscal year 2024. This ind...





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