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Alliqua BioMedical, Inc.

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Alliqua BioMedical, Inc. - Healthcare showcase

Year Founded & Workforce

2014

60 Employees

Industry

Healthcare

Services

Human Biologics
A

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Alliqua BioMedical, Inc. Overview

Company Headquarters: Pennsylvania, US

Founded: 2014

Workforce: 60+

Company Working: Alliqua BioMedical, Inc. (Alliqua) is into the development and manufacturing of electron-beam cross-linked sheet gels for customers that include manufacturers of medical devices, cosmeceuticals, and other commercial product applications. The company specializes in wound management, contract manufacturing, biopharmaceuticals, and hydrogels. Its hydrogel platform technology assists in manufacturing electron-beam cross-linked sheet gels with or without active ingredients. Prescription or over-the-counter medications, ingredients for wound healing and skin care, or other materials, can be effectively delivered using this platform.

Strategy

Alliqua focuses on strategic alliances and acquisitions to expand in the market. The company also focuses on meeting specific needs of customers, maintain tight tolerances, ensure prompt delivery, and provide superior customer service.

Company Snapshot

$12.2M

Revenue

60

Employees

2014

Founded

Pennsylvania, US

Headquarters

SWOT Analysis

Strengths

  • Strong brand recognition Track record of innovation

Weaknesses

  • Material breach of supply agreements can tarnish company’s image

Opportunities

  • Launching more products to its product portfolio

Threats

  • Strict government regulations

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Key Developments

DateApproachDevelopment
October 2018MergerAlliqua and Adynxx, Inc. announced a merger agreement for forming a NASDAQ listed clinical-stage pharmaceutical company with a major focus on pain and inflammation.
January 2018AcquisitionAlliqua announced the definitive asset purchase agreement with Celularity, Inc. under which Celularity will acquire all of the property, assets, and rights relating to Alliqua’s advanced biologic wound care business.
February 2015AcquisitionAlliqua acquired Celleration, Inc. to expand its proprietary product portfolio and salesforce in the advanced wound care market.
October 2014Licensing AgreementAlliqua announced the expansion to its exclusive licensing agreement with Celgene Cellular therapeutics. This stretches the use of Biovance in podiatric and orthopedic applications as well.
May 2014AcquisitionAlliqua acquired Choice Therapeutics to add new wound care products to its world-class technology platform.
April 2014Product LaunchAlliqua launched Biovance, a human amniotic membrane allograft product licensed from Celgene.

Product Offering

  • Alliqua BioMedical, Inc.
    • Human Biologics

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 12.2 Mn in 2015 to USD 19.6 Mn in 2017.
Alliqua BioMedical, Inc. — By Business Segment
Series (USD Mn)201520162017
Sales12.218.219.6
R&D Expenses0.70.90.1

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