Company
Rockwell Medical, Inc.
Headquarters: Hackensack, NJ, United States
Founded: 1996
Employees: 300
CEO: Dr. Russell H. Ellison M.Sc., M.D., MSc.
Market Cap
$49.9 Million
USD as of Jan. 1, 2024
Rockwell Medical, Inc. Categories
United States Healthcare Drug Manufacturers—Specialty & GenericUnited States Healthcare United States Drug Manufacturers—Specialty & Generic
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Industry: Drug Manufacturers—Specialty & Generic
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Detailed Description
Rockwell Medical, Inc. operates as a biopharmaceutical company that targets end-stage renal disease and chronic kidney disease with therapies and products for the treatment of iron deficiency and hemodialysis in the United States and internationally. The company offers Triferic Dialysate and Triferic AVNU, an iron therapy that replaces iron and maintains hemoglobin in dialysis patients without increasing iron stores. It also manufactures, sells, delivers, and distributes hemodialysis concentrates, such as CitraPure citric acid concentrate, Dri-Sate dry acid concentrate, RenalPure liquid acid concentrate, dry acid concentrate mixer, and RenalPure and SteriLyte powder bicarbonate concentrate; and ancillary products, including blood tubing, fistula needles, dialyzers, drugs, specialized component kits, dressings, cleaning agents, filtration salts, and other supplies used by hemodialysis providers. The company's dialysis concentrate products are used to maintain human life by removing toxins and replacing critical nutrients in the dialysis patient's bloodstream. It is also developing other therapeutic product candidates for the treatment of hospitalized patients with acute heart failure; and home infusion therapy that allows patients to receive intravenous medications at home. Rockwell Medical, Inc. sells its products directly, as well as through independent sales agents and distributors. Its target customers include medium and small sized dialysis chains and independent dialysis centers. Rockwell Medical, Inc. was incorporated in 1996 and is headquartered in Wixom, Michigan.
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Stocks & Indices
Rockwell Medical, Inc. has the following listings and related stock indices.
Stock: NASDAQ: RMTI wb_incandescent
Stock: FSX: RWM wb_incandescent
Key People
Stuart Paul, President and CEO Ajay Gupta, Chief Scientific Officer Raymond D. Pratt, Chief Medical Officer
Financials
Revenue: $63 million (2018)
Net income: -$32 million (2018)
Total assets: $52 million (2018)
Total equity: $27 million (2018)