PDL BioPharma, Inc. produces and markets biopharmaceutical products. It operates through the following segments: Income Generating Assets, Pharmaceutical, and Medical Devices. The Income Generating Assets segment consists of revenues derived from notes and other long-term receivables, royalty rights-at fair value, equity investments, and royalties from issued patents in the United States and elsewhere. The Pharmaceutical segment covers revenues from branded prescription medicine products being sold under the name Tekturna and Tekturna HCT in the United States, and Rasilez and Rasilez HCT for the rest of the world. The Medical Devices segment handles revenues from the LENSAR Laser System sales. The company was founded by Cary L. Queen and Laurence Jay Korn in 1986 and is headquartered in Incline Village, NV.
Company profile
Ticker
PDLI
Exchange
Website
CEO
John McLaughlin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
PROTEIN DESIGN LABS INC/DE
SEC CIK
Corporate docs
Subsidiaries
Depo Sub Manager, LLC • DFM, LLC • PDL Investment Holdings, LLC ...
IRS number
943023969
PDLI stock data
Latest filings (excl ownership)
10-K
2020 FY
Annual report
29 Mar 21
SC TO-I/A
Issuer tender offer statement (amended)
19 Feb 21
EFFECT
Notice of effectiveness
4 Feb 21
EFFECT
Notice of effectiveness
4 Feb 21
EFFECT
Notice of effectiveness
4 Feb 21
EFFECT
Notice of effectiveness
4 Feb 21
EFFECT
Notice of effectiveness
4 Feb 21
EFFECT
Notice of effectiveness
4 Feb 21
EFFECT
Notice of effectiveness
4 Feb 21
POS AM
Prospectus update (post-effective amendment)
2 Feb 21
Transcripts
PDLI
Earnings call transcript
2020 Q3
11 Nov 20
PDLI
Earnings call transcript
2020 Q2
6 Aug 20
PDLI
Earnings call transcript
2020 Q1
8 May 20
PDLI
Earnings call transcript
2019 Q4
11 Mar 20
PDLI
Earnings call transcript
2019 Q3
6 Nov 19
PDLI
Earnings call transcript
2019 Q2
7 Aug 19
PDLI
Earnings call transcript
2019 Q1
9 May 19
PDLI
Earnings call transcript
2018 Q4
14 Mar 19
PDLI
Earnings call transcript
2018 Q3
6 Nov 18
PDLI
Earnings call transcript
2018 Q2
8 Aug 18
Latest ownership filings
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
8 Feb 22
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
12 Feb 21
SC 13G/A
BRANDES INVESTMENT PARTNERS, LP
11 Feb 21
SC 13G/A
RENAISSANCE TECHNOLOGIES LLC
11 Feb 21
4
Robert J O'Shea
3 Feb 21
SC 13D
Silver Point Capital L.P.
11 Jan 21
3
Initial statement of insider ownership
11 Jan 21
SC 13G/A
Park West Asset Management LLC
11 Jan 21
Financial summary
Quarter (USD) | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 126.84 mm | 126.84 mm | 126.84 mm | 126.84 mm | 126.84 mm | |
Cash burn (monthly) | (no burn) | 3.51 mm | 4.13 mm | 24.50 mm | 7.37 mm | |
Cash used (since last report) | n/a | 139.21 mm | 163.65 mm | 971.15 mm | 292.26 mm | |
Cash remaining | n/a | -12.37 mm | -36.81 mm | -844.31 mm | -165.42 mm | |
Runway (months of cash) | n/a | -3.5 | -8.9 | -34.5 | -22.4 |
Institutional ownership, Q3 2023
4.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 6 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 144.83 mm |
Total shares | 4.70 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Engine Capital | 4.52 mm | $14.58 mm |
HWC Hancock Whitney | 128.40 k | $0.00 |
Argent Trust | 41.41 k | $102.27 mm |
Diversified Trust | 11.03 k | $26.47 mm |
Rhumbline Advisers | 612.00 | $1.51 mm |
Westside Investment Management | 500.00 | $0.00 |