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Alimera Sciences

American biopharmaceutical sales company

Alimera Sciences, Inc. was a biopharmaceutical sales company based in Alpharetta, Georgia that specialized in the commercialization and sales of prescription ophthalmic pharmaceuticals. The company's main selling focus was on diseases affecting the back of the eye, or retina. In September, 2024, ANI Pharmaceuticals, Inc. announced that it had completed its purchase of the company.3 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

2003Founded1

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  • TickerALIM on NASDAQ1
  • Industrypharmaceutical industry1
  • HeadquartersAlpharetta1
  • Websitewww.alimerasciences.com
  • Incorporated inDE5
  • Business address6310 Town Square, Suite 400, Alpharetta, Ga 300055
  • Filer categoryNon-accelerated filer, Smaller reporting company5
  • Legal formCorporation4
  • LEI5299005C650OO6FJ1R634
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressc/o THE CORPORATION TRUST COMPANY, CORPORATION TRUST CENTER 1209 ORANGE ST, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 36664274
6120 Windward Pkwy, Alpharetta, March 2017
Photo: Thomson200, CC0, via Wikimedia Commons8

Alimera Sciences, Inc. was a biopharmaceutical sales company based in Alpharetta, Georgia that specialized in the commercialization and sales of prescription ophthalmic pharmaceuticals. The company's main selling focus was on diseases affecting the back of the eye, or retina.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

86.6%Gross margin9
-2.4%Operating margin9
-24.9%Net margin9
49.2%Revenue growth, 20239
-43.6%Return on equity9
-$14.5MFree cash flow9

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Research and development21¢$16.6M
  • Other costs67¢$53.9M
  • Interest13¢$10.2M
  • Income tax0¢$85.0K

Out of $80.8M in revenue.9 The company lost money this year.

Financial statements

Revenue10111213149$80.8M in 2023+125% since 2017
0$25.0M$50.0M$75.0M$100.0M2017: $35.9M$35.9M20172018: $46.6M$46.6M2018+30%2019: $53.9M$53.9M2019+16%2020: $50.8M$50.8M2020−6%2021: $59.0M$59.0M2021+16%2022: $54.1M$54.1M2022−8%2023: $80.8M$80.8M2023+49%
Gross profit10111213149$69.9M in 2023+115% since 2017
0$20.0M$40.0M$60.0M$80.0M2017: $32.5M$32.5M20172018: $42.3M$42.3M2018+30%2019: $47.3M$47.3M2019+12%2020: $43.9M$43.9M2020−7%2021: $52.0M$52.0M2021+19%2022: $46.2M$46.2M2022−11%2023: $69.9M$69.9M2023+51%
Operating income10111213149-$1.9M in 2023−88% since 2017
-$20.0M-$15.0M-$10.0M-$5.0M02017: -$16.5M-$16.5M20172018: -$9.7M-$9.7M2018−41%2019: -$5.3M-$5.3M2019−45%2020: -$501.0K-$501.0K2020−91%2021: -$201.0K-$201.0K2021−60%2022: -$11.6M-$11.6M2022+5691%2023: -$1.9M-$1.9M2023−83%
Net income10111213149-$20.1M in 2023−8% since 2017
-$30.0M-$20.0M-$10.0M02017: -$22.0M-$22.0M20172018: -$16.4M-$16.4M2018−26%2019: -$10.4M-$10.4M2019−36%2020: -$5.3M-$5.3M2020−49%2021: -$4.4M-$4.4M2021−18%2022: -$18.1M-$18.1M2022+314%2023: -$20.1M-$20.1M2023+11%
Fiscal year2017201820192020202120222023
Revenue$35.9M10$46.6M11$53.9M12$50.8M13$59.0M14$54.1M9$80.8M9
Cost of revenue$3.4M17
Gross profit$32.5M10$42.3M11$47.3M12$43.9M13$52.0M14$46.2M9$69.9M9
Research and development$12.8M10$11.3M11$11.0M12$9.7M13$13.8M14$16.2M9$16.6M9
Operating expenses$52.2M14$57.8M9$71.8M9
Operating income-$16.5M10-$9.7M11-$5.3M12-$501.0K13-$201.0K14-$11.6M9-$1.9M9
Interest$5.6M10$4.8M11$4.9M12$5.4M13$5.4M14$5.9M9$10.2M9
Income before tax-$3.9M14-$18.1M9-$20.0M9
Income tax$163.0K10$106.0K11$216.0K12-$68.0K13$438.0K14$28.0K9$85.0K9
Net income-$22.0M10-$16.4M11-$10.4M12-$5.3M13-$4.4M14-$18.1M9-$20.1M9
Earnings per share-$0.3310$3.7411-$2.1911-$0.6614-$2.599-$0.849
Earnings per share (diluted)-$0.3310$3.7111-$2.1911-$0.6614-$2.599-$0.849
Shares (weighted, basic)6.6M shares147.0M shares925.6M shares9
Shares (weighted, diluted)6.6M shares147.0M shares925.6M shares9

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Corporate structure

Alimera Sciences is part of a group headed by ANI PHARMACEUTICALS INC. 12 entities, 5 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Alimera Sciences

  • ANI PHARMACEUTICALS INC Wilmington, Delaware, United States
    • Alimera Sciences Alpharetta, Georgia, United States
      • Alimera Sciences Opthamologie GmbH Subsidiary · Germany
    • Alimera Sciences Europe Limited Subsidiary · Ireland
    • Alimera Sciences Ophthamologie GmbH Subsidiary · Germany
    • ANI Pharmaceuticals Canada Inc. Subsidiary · Canada
    • ANI Rare Disease Patient Assistance Program, Inc. Subsidiary · Delaware, United States
    • ANIP Acquisition Company Subsidiary · Delaware, United States
    • New Castle Pharma LLC Subsidiary · Delaware, United States
    • New Castle Pharma Real Estate LLC Subsidiary · Delaware, United States
    • Novitium Labs Private Limited Subsidiary · India
    • Novitium Pharma LLC Subsidiary · Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Alimera Sciences reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$6.9M9 Dec 31, 2023$6.6M9 Dec 31, 2022+4.3%
Accumulated depreciation$4.4M9 Dec 31, 2023$4.1M9 Dec 31, 2022+8.4%
Property and equipment, net$2.5M9 Dec 31, 2023$2.5M9 Dec 31, 2022−2.3%
Finance-lease assets$554.0K9 Dec 31, 2023$366.0K9 Dec 31, 2022+51.4%
Operating-lease assets (leased space)$1.1M9 Dec 31, 2023$1.4M9 Dec 31, 2022−19.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$12.1M9 Dec 31, 2023$5.3M9 Dec 31, 2022+128.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, net$97.4M9 Dec 31, 2023$9.0M9 Dec 31, 2022+986.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.9M9 Dec 31, 2023$1.6M9 Dec 31, 2022+17.1%
Work in process$134.0K9 Dec 31, 2023$560.0K9 Dec 31, 2022−76.1%
Finished goods$1.1M9 Dec 31, 2023$893.0K9 Dec 31, 2022+18.4%

The story

Alimera was founded in June 2003 by Dan Myers, Daniel White, Dave Holland and Mark Testerman. Three of the founders were previously part of Ciba Vision Ophthalmics, which was renamed Novartis Ophthalmics following a merger.

In 2004, Alimera Sciences introduced Soothe emollient (lubricant) eye drops for people with dry eyes. Soothe was the first lubricant eye drop to feature Restoryl, a lipid restorative that works to re-establish the lipid (oily) layer of tears, promoting sustained moisture retention. Soothe was a mineral oil in water emulsion developed by Chris Brancewicz (then at Clarkson University) for Ocular Research of Boston from 1996 to 2001. Soothe was sold to Bausch & Lomb in August 2007.

In 2006, Alimera Sciences developed and submitted for U.S. Food and Drug Administration approval an application for a prescription to over-the-counter drug switch of 0.025% ketotifen fumarate, for the temporary relief of ocular itch. This product, Alaway, was approved by the Food and Drug Administration in December 2006 and was sold along with a potential future line extension to Bausch & Lomb, which began marketing Alaway in spring 2007.

The company's licensed product, Iluvien, is a sustained release intravitreal implant that delivers sub-microgram levels of fluocinolone acetonide for 36 months. Alimera conducted two phase 3 clinical trials for Iluvien involving 956 patients in sites across the United States, Canada, Europe and India to assess the efficacy and safety of Iluvien at two dose levels. The company submitted the Iluvien new drug application to the FDA in June 2010 and was granted priority review in August 2010. In December 2010, November 2011, and October 2013 the Food and Drug Administration issued complete response letters stating that it was unable to approve a new drug application for Iluvien. Alimera met with the Food and Drug Administration in December 2013 and entered into labeling discussions. As a result, the company plans to refile with the FDA in early 2014.

In July 2010, a marketing authorization application for Iluvien was submitted to seven European countries via the Decentralized Regulatory Procedure with the United Kingdom’s Medicines and Healthcare products Regulatory Agency serving as the Reference Member State. The six Concerned Member States include Austria, France, Germany, Italy, Spain and Portugal.

In February 2012, based on a consensus arrived upon by the Reference Member State and the Concerned Member States, the Medicines and Healthcare products Regulatory Agency issued its Final Assessment Report that Iluvien is approvable. The company was tasked with seeking individual marketing authorizations in each of the seven countries. As of January 2014, Iluvien has been approved in Austria, France, Germany, Portugal, Spain, and the U.K. for the treatment of vision impairment associated with chronic diabetic macular edema considered insufficiently responsive to available therapies. In April 2013, Alimera began selling Iluvien in Germany and the UK, and intended to begin selling in France in 2014. Iluvien is available through the U.K. National Health Service. Alimera filed with the Medicines and Healthcare Products Regulatory Agency in the U.K. as the Reference Member State for 10 additional European Union (EU) country approvals through the Mutual Recognition Procedure.

In 2019, the U.K.'s National Institute for Health and Care Excellence has recommended funding for Iluvien as treatment for noninfectious posterior uveitis. The drug has also been indicated for and funded for the treatment of diabetic macular edema in the United Kingdom.

From Wikipedia’s article on Alimera Sciences, shared under CC BY-SA 4.0.6

Leadership

Who has led Alimera Sciences, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (27)

Products and brands

  • medication

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Alimera Sciences Europe Limited Ireland7
  • Alimera Sciences Limited United Kingdom7
  • Alimera Sciences Opthamologie GmbH Germany7

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Sep 16, 20248-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer55
  2. Sep 11, 20248-K Other events56
  3. Sep 10, 20248-K Other events57
  4. Sep 10, 20248-K Executive or director change; Shareholder vote58
  5. Aug 6, 20248-K Results of operations59
  6. Jul 23, 20248-K Entered a material agreement60
  7. Jun 24, 20248-K Entered a material agreement; Regulation FD disclosure; Other events61
  8. Jun 24, 20248-K Entered a material agreement62
  9. May 14, 20248-K Results of operations63
  10. Mar 7, 20248-K Entered a material agreement; Results of operations64
  11. Feb 9, 20248-K Executive or director change65
  12. Jan 4, 20248-K Executive or director change66
  13. Jan 25, 2019New chief executive Richard S. Eiswirth Jr. becomes CEO18
  14. Apr 22, 2010Went public Listed on NASDAQ1
  15. Apr 21, 2010New chief executive C. Daniel Myers becomes CEO19
  16. 2003Founded Founded1

Calendar

When it reported results

  1. Aug 6, 2024Reported quarterly or annual results59
  2. May 14, 2024Reported quarterly or annual results63
  3. Mar 7, 2024Reported quarterly or annual results64
  4. Oct 26, 2023Reported quarterly or annual results67
  5. Aug 10, 2023Reported quarterly or annual results68
  6. May 15, 2023Reported quarterly or annual results69
  7. Mar 31, 2023Reported quarterly or annual results70
  8. Nov 14, 2022Reported quarterly or annual results71

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

236 filings to the SEC since October 2021: 6 annual reports, 9 quarterly reports, 39 major events, 101 insider forms, 32 large holders, 2 private raises, 47 other. The latest 20:

  1. Nov 13, 2024SC 13G/A EDGAR
  2. Nov 7, 2024SC 13G/A EDGAR
  3. Sep 26, 202415-12G EDGAR
  4. Sep 20, 2024EFFECT EDGAR
  5. Sep 20, 2024EFFECT EDGAR
  6. Sep 18, 20244 OWNERSHIP DOCUMENT EDGAR
  7. Sep 18, 20244 OWNERSHIP DOCUMENT EDGAR
  8. Sep 18, 20244 OWNERSHIP DOCUMENT EDGAR
  9. Sep 18, 20244 OWNERSHIP DOCUMENT EDGAR
  10. Sep 18, 20244 OWNERSHIP DOCUMENT EDGAR
  11. Sep 18, 20244 OWNERSHIP DOCUMENT EDGAR
  12. Sep 18, 20244 OWNERSHIP DOCUMENT EDGAR
  13. Sep 18, 20244 OWNERSHIP DOCUMENT EDGAR
  14. Sep 18, 20244 OWNERSHIP DOCUMENT EDGAR
  15. Sep 18, 20244 OWNERSHIP DOCUMENT EDGAR
  16. Sep 18, 20244 OWNERSHIP DOCUMENT EDGAR
  17. Sep 18, 20244 OWNERSHIP DOCUMENT EDGAR
  18. Sep 18, 20244 EDGAR
  19. Sep 18, 2024SC 13D/A ALIMERA SCIENCES, INC. EDGAR
  20. Sep 16, 202425-NSE EDGAR

The 236 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

14 open-market trades by officers, directors and large owners since October 2021: 11 buys and 3 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 14, 2023JOHNSON DAVID EDWARD10% ownerBuy579,000$3.39$2.0MForm 4
Sep 14, 2023JOHNSON DAVID EDWARD10% ownerSale579,000$3.39$2.0MForm 4
May 17, 2023Morgan AdamDirectorBuy1,401,901$1.70$2.4MForm 4
Mar 24, 2023Palo Alto Investors LP10% ownerSale200,919$1.56$313.4KForm 4
Feb 8, 2022MORGAN STANLEY10% ownerSale250,000$4.55$1.1MForm 4
Dec 15, 2021EISWIRTH RICHARD S JRPresident and CEOBuy484$4.50$2.2KForm 4
Dec 3, 2021EISWIRTH RICHARD S JRPresident and CEOBuy5,000$4.80$24.0KForm 4
Dec 2, 2021EISWIRTH RICHARD S JRPresident and CEOBuy5,000$4.89$24.4KForm 4
Nov 5, 2021EISWIRTH RICHARD S JRPresident and CEOBuy1,400$5.50$7.7KForm 4
Nov 4, 2021EISWIRTH RICHARD S JRPresident and CEOBuy10,086$4.41$44.5KForm 4
Nov 3, 2021Largent James RDirectorBuy10,000$4.31$43.1KForm 4
Nov 3, 2021Jones John PhilipChief Financial OfficerBuy5,000$4.08$20.4KForm 4
Nov 3, 2021EISWIRTH RICHARD S JRPresident and CEOBuy28,005$4.45$124.6KForm 4
Nov 3, 2021Holland DavidChief Marketing Officer & SVPBuy5,000$4.08$20.4KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Mar 24, 2023Raised $81 million in a private offering of equity Form D: 16 investors so far Form D

SEC filer profile

How Alimera Sciences is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARALIMERA SCIENCES INC2
  • CIK0001267602
  • Employer ID (EIN)20-00287182
  • Filer statusNon-accelerated filer<br>smaller reporting company2
  • Incorporated inDelaware2
  • Fiscal year endsDecember 312
  • Industry code (SIC)2834 Pharmaceutical Preparations2
  • SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance2
  • Business address6310 Town Square, Suite 400, Alpharetta, GA 300052
  • Phone678-990-57402
  • Shares outstanding54,384,165 as of Aug 2, 202416
  • Public float$14.4M as of Jun 30, 202382
  • On EDGAR sinceOct 20, 20032
  • Filings1,099 in all: 4 (454), 8-K (203), SC 13G/A (66), 3 (52), 10-Q (44), SC 13D/A (22), SC 13G (22), S-8 POS (20)2
    All 49 form types

    4/A (19), S-8 (19), DEFA14A (18), DEF 14A (16), 10-K (14), UPLOAD (13), EFFECT (10), 5 (8), S-1/A (8), SC 13D (8), CORRESP (7), CT ORDER (7), D (6), S-3 (6), 424B5 (5), 10-K/A (4), 424B3 (4), 8-K/A (4), PRE 14A (4), REGDEX (4), POS AM (3), REGDEX/A (3), S-1 (3), 425 (2), FWP (2), RW (2), S-3/A (2), SEC STAFF LETTER (2), 10-Q/A (1), 15-12G (1), 25-NSE (1), 424B2 (1), 424B4 (1), 5/A (1), 8-A12B (1), CERTNAS (1), D/A (1), DEFM14A (1), DEFR14A (1), PREM14A (1), S-1MEF (1)

  • Latest filingsAnnual report (10-K) Mar 8, 2024
    Quarterly report (10-Q) Aug 7, 2024
    Proxy statement (DEF 14A) Jun 29, 2023
    Latest 8-K (8-K) Sep 16, 2024

Sources

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