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NantHealth

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NantHealth, Inc.
Company typePublic
NasdaqNH
Russell 2000 Index component
IndustryHealthcare
FoundedCulver City, California (2007 (2007))
Key people
Patrick Soon-Shiong (CEO)
Paul Holt (CFO)
RevenueIncrease $86.7 million(2017)
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 Culver City, California, the firm is focused on developing and marketing a range of healthcare solutions.[clarification needed][1]

In addition to Soon-Shiong, notable investors include Allscripts,[2] BlackBerry,[3] Kuwait Investment Authority,[4] Celgene,[5] and Verizon.[6]

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.[7] In December 2014, NantHealth was featured on 60 Minutes by Sanjay Gupta.[8] In August 2017, NantHealth signed a distribution agreement for GPS Cancer with Asia Genomics.[9]

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."[10] At the time, the market value of the company was approximately $57m.[11]

References

  1. ^ "About: Company". NantHealth. Retrieved 2018-04-10.
  2. ^ "NantHealth Investment deal paves way for IPO". Retrieved 1 July 2015.
  3. ^ "BlackBerry Invests in NantHealth for Integrated End-To-End Healthcare Solutions". Retrieved 5 February 2015.
  4. ^ "Soon-Shiong's NantHealth Raises $250 Million From Kuwait Fund". Retrieved 5 February 2015.
  5. ^ "Celgene Makes Landmark Investment in NantHealth to Advance Groudbreaking Cancer Research for Patients". Retrieved 5 February 2015.
  6. ^ "Verizon invests in NantHealth to deliver mobile clinical data". Retrieved 5 February 2015.
  7. ^ "Can Patrick Soon-Shiong, The World's Richest Doctor, Fix Health Care?". Retrieved 5 February 2015.
  8. ^ "Disrupting Cancer". Retrieved 5 February 2015.
  9. ^ "NantHealth Signs Distribution Deal for GPS Cancer in Southeast Asia". GenomeWeb. Retrieved 2018-10-23.
  10. ^ "Document". www.sec.gov. Retrieved 2019-02-09.
  11. ^ "NH : Summary for NantHealth, Inc. - Yahoo Finance". finance.yahoo.com. Retrieved 2019-02-09.