NantHealth

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NantHealth, Inc.
Company typePublic
NasdaqNH
Russell 2000 Index component
IndustryHealthcare
Founded2007; 17 years ago (2007)
FounderPatrick Soon-Shiong
Key people
Patrick Soon-Shiong (CEO)
Paul Holt (CFO)
RevenueIncrease US$95.961 million (2019)[1]
Increase US$57.539 million (2019)[1]
Negative increase US$62.762 million (2019)[1]
Total assetsDecrease US$266.487 million (2019)[1]
Total equityDecrease US$323.623 million (2019)[1]
Number of employees
543 (2019)[1]
Websitewww.nanthealth.com
Footnotes / references
www.nanthealth.com/leadership

NantHealth is one of the constituent companies of NantWorks, which is controlled by Patrick Soon-Shiong. With headquarters in Morrisville, North Carolina, the firm is focused on developing and marketing a range of healthcare solutions.[clarification needed][2]

In addition to Soon-Shiong, notable investors include Allscripts,[3] BlackBerry,[4] Kuwait Investment Authority,[5] Celgene,[6] and Verizon.[7]

In September 2014, NantHealth was featured as the cover story on Forbes Magazine, where it was estimated that NantHealth has a market value of $1.6 billion.[8] In December 2014, NantHealth was featured on 60 Minutes by Sanjay Gupta.[9] In August 2017, NantHealth signed a distribution agreement for GPS Cancer with Asia Genomics.[10]

In January 2019, NantHealth received a delisting warning from Nasdaq "because the Company’s common stock failed to maintain a minimum closing bid price of $1.00 for 30 consecutive business days."[11] At the time, the market value of the company was approximately $57m.[12]

References

  1. ^ a b c d e f "NantHealth Annual Report (Form 10-K)". last10k.com. U.S. Securities and Exchange Commission. February 28, 2020.
  2. ^ "About: Company". NantHealth. Retrieved 2018-04-10.
  3. ^ "NantHealth Investment deal paves way for IPO". Retrieved 1 July 2015.
  4. ^ "BlackBerry Invests in NantHealth for Integrated End-To-End Healthcare Solutions". Retrieved 5 February 2015.
  5. ^ "Soon-Shiong's NantHealth Raises $250 Million From Kuwait Fund". Retrieved 5 February 2015.
  6. ^ "Celgene Makes Landmark Investment in NantHealth to Advance Groudbreaking Cancer Research for Patients". Retrieved 5 February 2015.
  7. ^ "Verizon invests in NantHealth to deliver mobile clinical data". Retrieved 5 February 2015.
  8. ^ "Can Patrick Soon-Shiong, The World's Richest Doctor, Fix Health Care?". Retrieved 5 February 2015.
  9. ^ "Disrupting Cancer". Archived from the original on October 30, 2020. Retrieved 5 February 2015.
  10. ^ "NantHealth Signs Distribution Deal for GPS Cancer in Southeast Asia". GenomeWeb. Retrieved 2018-10-23.
  11. ^ "Document". www.sec.gov. Retrieved 2019-02-09.
  12. ^ "NH : Summary for NantHealth, Inc. - Yahoo Finance". finance.yahoo.com. Retrieved 2019-02-09.