Private company
La Jolla Pharmaceutical Company
La Jolla Pharmaceutical Company is an American biological products company based in San Diego, founded in 1989.1
Last updated Oct 21, 2026.
Overview
- IndustryBiological Products, (No Diagnostic Substances)1
- HeadquartersSan Diego1
- Websitelajollapharmaceutical.com
- Incorporated inDE4
- Business address201 Jones Road, Suite 400, Waltham, Ma 024514
- Filer categoryNon-accelerated filer, Smaller reporting company4
- Legal formCorporation3
- LEI529900H2JU56H90RYN443
- StatusActive3
- LEI statusLapsed (not renewed)3
- Registered address4550 Towne Centre Court, 92121 San Diego, United States3
- Registered withSecretary of State, C34699453
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Research and development7¢$5.0M
- Selling, general and admin47¢$35.4M
- Other costs21¢$15.6M
- Income tax0¢$49.0K
- Profit26¢$19.7M
Out of $75.7M in revenue.5
Where each dollar of operating cash went, fiscal 2021
- Capital spending0¢$9.0K
- Share buybacks12¢$3.4M
- Kept or used elsewhere88¢$24.9M
Out of $28.2M of cash from operations.5
Financial statements
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.1M6 | $616.0K7 | $07 | $10.1M8 | $23.1M9 | $33.4M5 | $75.7M5 |
| Cost of revenue | $07 | $07 | $1.1M8 | $2.4M9 | $7.8M9 | ||
| Research and development | $29.1M6 | $62.3M7 | $84.6M7 | $43.3M8 | $85.3M9 | $23.0M5 | $5.0M5 |
| Selling, general and admin | $16.7M7 | $30.9M7 | $23.6M8 | $45.1M9 | $38.4M5 | $35.4M5 | |
| Operating expenses | $53.9M5 | ||||||
| Operating income | -$42.0M6 | -$78.4M7 | -$115.4M7 | -$57.9M8 | -$109.8M9 | -$35.8M5 | $21.8M5 |
| Interest | $07 | $07 | $7.3M7 | ||||
| Income before tax | $19.7M5 | ||||||
| Income tax | $06 | $07 | $07 | $012 | $012 | $05 | $49.0K5 |
| Net income | -$41.9M6 | -$78.2M7 | -$114.8M7 | -$62.1M8 | -$116.5M9 | -$39.4M5 | $19.7M5 |
| Earnings per share | -$1.445 | $0.725 | |||||
| Earnings per share (diluted) | -$1.445 | $0.585 | |||||
| Shares (weighted, basic) | 27.4M shares5 | ||||||
| Shares (weighted, diluted) | 34.2M shares5 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $126.5M6 | $65.7M7 | $90.9M7 | $172.6M12 | $87.8M9 | $21.2M5 | $46.7M5 |
| Receivables | $8.6M5 | ||||||
| Inventory | $6.3M5 | ||||||
| Current assets | $127.5M13 | $67.4M6 | $94.1M7 | $181.1M12 | $97.5M9 | $36.5M5 | $67.3M5 |
| Property, plant and equipment | $113.0K5 | ||||||
| Goodwill | $20.1M5 | ||||||
| Intangible assets | $13.3M5 | ||||||
| Total assets | $129.3M13 | $70.8M6 | $119.5M7 | $204.3M12 | $132.2M9 | $72.2M5 | $101.2M5 |
| Accounts payable | $2.3M5 | ||||||
| Current liabilities | $4.8M13 | $9.8M6 | $18.6M7 | $25.9M12 | $24.6M9 | $12.3M5 | $17.6M5 |
| Long-term debt | $07 | $124.3M7 | |||||
| Total liabilities | $9.8M6 | $31.3M7 | $168.4M12 | $188.2M9 | $160.3M5 | $168.0M5 | |
| Retained earnings | -$1.1B5 | ||||||
| Shareholders’ equity | $124.5M7 | $61.0M7 | $88.2M12 | $35.9M9 | -$56.0M5 | -$88.1M5 | -$66.7M5 |
| Shares outstanding | 18.2M shares13 | 18.3M shares6 | 22.2M shares7 | 26.3M shares12 | 27.2M shares9 | 27.4M shares5 | 26.8M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$25.2M6 | -$58.7M7 | -$85.1M7 | -$152.4M12 | -$85.0M9 | -$37.6M5 | $28.2M5 |
| Stock-based compensation | $4.5M5 | ||||||
| Capital spending | $1.8M6 | $2.2M7 | $9.2M7 | $2.3M12 | $698.0K9 | $9.0K5 | |
| Free cash flow | -$27.0M | -$60.9M | -$94.3M | -$154.7M | -$85.6M | $28.2M | |
| Cash from investing | -$9.0K5 | ||||||
| Share buybacks | $3.4M5 | ||||||
| Cash from financing | -$2.8M5 |
Compare La Jolla Pharmaceutical Company with another company
Corporate structure
La Jolla Pharmaceutical Company is part of a group headed by Innoviva, Inc.. 18 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of La Jolla Pharmaceutical Company
- RTW INVESTMENTS, LP Filed SC 13G/A on La Jolla Pharmaceutical Company, latest Feb 14, 2023 (2 filings since Feb 14, 2022)
- GARDNER LEWIS ASSET MANAGEMENT L P Filed SC 13D/A on La Jolla Pharmaceutical Company, latest Aug 29, 2022 (2 filings since Aug 29, 2022)
- TANG CAPITAL PARTNERS LP Filed SC 13D/A on La Jolla Pharmaceutical Company, latest Aug 24, 2022 (3 filings since Dec 2, 2021)
- Innoviva, Inc. Brisbane, California, United States
- La Jolla Pharmaceutical Company San Diego, California, United States
- Advanced Medicine East, Inc Subsidiary · Delaware, United States
- Entasis Therapeutics (Ireland) Limited Subsidiary · Ireland
- Entasis Therapeutics Holdings Inc. Subsidiary · Delaware, United States
- Entasis Therapeutics Inc. Subsidiary · Delaware, United States
- Innoviva Royalty Sub LLC Subsidiary · Delaware, United States
- Innoviva Specialty Therapeutics Holdings LLC Subsidiary · Delaware, United States
- Innoviva Specialty Therapeutics Inc. Subsidiary · Delaware, United States
- Innoviva Strategic Opportunities LLC Subsidiary · Delaware, United States
- Innoviva Strategic Partners LLC Subsidiary · Delaware, United States
- Innoviva TRC Holdings LLC Subsidiary · Delaware, United States
- ISP Fund LP Subsidiary · Delaware, United States
- ISTx, LLC Subsidiary · Delaware, United States
- La Jolla Pharma, LLC Subsidiary · Delaware, United States
- La Jolla Pharmaceutical Holdings, LLC Subsidiary · Delaware, United States
- Nortiva Bio, Inc. Subsidiary · Delaware, United States
- Tetraphase Pharmaceuticals, Inc. 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 La Jolla Pharmaceutical Company 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $831.0K5 Dec 31, 2021 | $1.4M5 Dec 31, 2020 | −38.5% |
| Accumulated depreciation | $718.0K5 Dec 31, 2021 | $1.1M5 Dec 31, 2020 | −36.9% |
| Property and equipment, net | $113.0K5 Dec 31, 2021 | $215.0K5 Dec 31, 2020 | −47.4% |
| Operating-lease assets (leased space) | $318.0K5 Dec 31, 2021 | $536.0K5 Dec 31, 2020 | −40.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $46.7M5 Dec 31, 2021 | $21.2M5 Dec 31, 2020 | +119.9% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $20.1M5 Dec 31, 2021 | $20.1M5 Dec 31, 2020 | 0% |
| Intangible assets, net (excluding goodwill) | $13.3M5 Dec 31, 2021 | $14.9M5 Dec 31, 2020 | −10.4% |
| Finite-lived intangibles, gross | $15.5M5 Dec 31, 2021 | $15.5M5 Dec 31, 2020 | 0% |
| Accumulated amortization | $2.2M5 Dec 31, 2021 | $647.0K5 Dec 31, 2020 | +239.9% |
| Finite-lived intangibles, net | $13.3M5 Dec 31, 2021 | $14.9M5 Dec 31, 2020 | −10.4% |
Inventory
Leadership
Who has led La Jolla Pharmaceutical Company, and when. Pick a name to see everywhere that person has worked.
Chair
Chief financial officer
Chief operating officer
- Chief executive officerGeorge F. Tidmarsh Jan 31, 2012 to Apr 17, 201914
- Chief executive officerSteven B. Engle Feb 10, 2006 to Feb 10, 200615
- Chief executive officerDeirdre Gillespie Mar 16, 2006 to May 18, 201116
- ChairSteven B. Engle Feb 10, 2006 to Feb 10, 200615
- PresidentGeorge F. Tidmarsh Jan 31, 2012 to Apr 17, 201914
- PresidentDeirdre Gillespie Feb 7, 2007 to May 18, 201117
- Chief financial officerMichael S. Hearne Jun 3, 2020 to Aug 24, 202218
- Chief financial officerKevin C. Tang Jun 4, 2020 to Aug 24, 202219
- Chief financial officerDennis Mulroy Apr 8, 2015 to Jun 2, 202020
- Chief financial officerGail A. Sloan May 28, 2010 to Apr 21, 201121
- Chief financial officerNiv Edward Caviar May 10, 2007 to Feb 3, 200922
- Chief operating officerJennifer Carver Jan 6, 2017 to Mar 4, 201923
Board members and other officers (29)
- OfficerMichael S. Hearne Jun 4, 2020 to Aug 24, 202219
- Chief Commercial OfficerDarryl Wellinghoff Mar 13, 2019 to Apr 17, 202024
- Chief Scientific OfficerJames Rolke Jan 6, 2017 to Jun 2, 202025
- Sr. Vice President, OperationsJennifer Carver Jan 11, 2016 to Jan 11, 201626
- Chief Medical OfficerLakhmir S. Chawla Jul 8, 2015 to Sep 17, 202027
- Vice President ManufacturingLuke Seikkula Mar 2, 2007 to Feb 3, 200928
- Sen Dir Investor RelationsAndrew Wiseman Feb 10, 2006 to Feb 7, 200729
- VP of ManufacturingBruce K. Bennett Jr. Feb 10, 2006 to Apr 18, 200630
- VP of FinanceGail A. Sloan Feb 10, 2006 to Jan 4, 201031
- Vice President Quality SystemJosefina T. Elchico Feb 10, 2006 to Mar 5, 200932
- CSO & Exec VP of ResearchMatthew D. Linnik Feb 10, 2006 to Dec 27, 200633
- VP of Product DevelopmentPaul Jenn Feb 10, 2006 to Jan 11, 200734
- VP of Human ResourcesTeddi Reilly Feb 10, 2006 to Apr 18, 200635
- Sr Dir Regulatory AffairsLisa I. Koch May 22, 2006 to Feb 7, 200736
- Chief Medical OfficerMichael James Byron Tansey Jul 18, 2006 to Feb 3, 200937
- Board memberDavid A. Ramsay Oct 18, 2019 to Aug 24, 202238
- Board memberKevin C. Tang Sep 26, 2014 to Aug 24, 202239
- Board memberCraig A. Johnson Oct 17, 2013 to Aug 24, 202240
- Board memberLaura L. Douglass Oct 17, 2013 to Aug 24, 202241
- Board memberSaiid Zarrabian Jan 30, 2012 to May 15, 201542
- Board memberGeorge F. Tidmarsh Jan 31, 2012 to Apr 17, 201914
- Board memberBertrand C. Liang Dec 8, 2010 to Dec 8, 201043
- Board memberCraig R. Smith Feb 10, 2006 to Feb 27, 200944
- Board memberRobert Fildes Phd. Feb 10, 2006 to Jun 2, 201045
- Board memberJames N. Topper Feb 14, 2006 to Feb 26, 200946
- Board memberNader J. Naini Feb 14, 2006 to May 24, 200747
- Board memberDeirdre Gillespie Mar 16, 2006 to May 18, 201116
- Board memberFrank Young May 22, 2006 to May 23, 200848
- Board memberMartin P. Sutter May 22, 2006 to Aug 7, 200949
Timeline
- Aug 22, 20228-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer50
- Jul 11, 20228-K Entered a material agreement; Other events51
- Feb 16, 20228-K Other events52
- Nov 18, 20218-K Other events53
- Jan 31, 2012New chief executive George F. Tidmarsh becomes CEO14
- Mar 16, 2006New chief executive Deirdre Gillespie becomes CEO16
- Feb 10, 2006New chief executive Steven B. Engle becomes CEO15
- 1989Founded Founded1
Filings
86 filings to the SEC since October 2021: 2 annual reports, 3 quarterly reports, 5 major events, 53 insider forms, 7 large holders, 16 other. The latest 20:
- Feb 14, 2023SC 13G/A LA JOLLA PHARMACEUTICAL COMPANY EDGAR
- Sep 1, 202215-12G FORM 15 EDGAR
- Aug 29, 2022SC 13D/A EDGAR
- Aug 29, 2022SC 13D EDGAR
- Aug 24, 2022SC 13D/A AMENDMENT NO. 19 EDGAR
- Aug 24, 20224 FORM 4 SUBMISSION EDGAR
- Aug 24, 20224 FORM 4 SUBMISSION EDGAR
- Aug 24, 20224 FORM 4 SUBMISSION EDGAR
- Aug 24, 20224 FORM 4 SUBMISSION EDGAR
- Aug 24, 20224 FORM 4 SUBMISSION EDGAR
- Aug 24, 20224 FORM 4 SUBMISSION EDGAR
- Aug 24, 20224 FORM 4 SUBMISSION EDGAR
- Aug 24, 20224 FORM 4 SUBMISSION EDGAR
- Aug 24, 20224 FORM 4 SUBMISSION EDGAR
- Aug 23, 2022S-8 POS S-8 POS 333-227819 EDGAR
- Aug 23, 2022S-8 POS S-8 POS 333-214722 EDGAR
- Aug 23, 2022S-8 POS S-8 POS 333-207212 EDGAR
- Aug 23, 2022S-8 POS S-8 POS 333-221197 EDGAR
- Aug 23, 2022S-8 POS S-8 POS 333-193016 EDGAR
- Aug 22, 202225-NSE EDGAR
The 86 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
7 open-market trades by officers, directors and large owners since October 2021: 4 buys and 3 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 6, 2021 | RAMSAY DAVID ADirector | Buy | 10,000 | $3.82 | $38.2K | Form 4 |
| Dec 3, 2021 | RAMSAY DAVID ADirector | Buy | 4,399 | $3.66 | $16.1K | Form 4 |
| Dec 2, 2021 | RAMSAY DAVID ADirector | Buy | 10,101 | $3.73 | $37.7K | Form 4 |
| Dec 1, 2021 | TANG CAPITAL PARTNERS LP10% owner | Sale | 177,545 | $3.74 | $663.4K | Form 4 |
| Nov 30, 2021 | TANG CAPITAL PARTNERS LP10% owner | Sale | 70,342 | $3.95 | $277.9K | Form 4 |
| Nov 29, 2021 | TANG CAPITAL PARTNERS LP10% owner | Sale | 193,403 | $4.10 | $793.0K | Form 4 |
| Nov 17, 2021 | RAMSAY DAVID ADirector | Buy | 7,500 | $4.23 | $31.7K | Form 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.
- RTW INVESTMENTS, LPSC 13G/A, 2 filings Feb 14, 2022 to Feb 14, 202354
- GARDNER LEWIS ASSET MANAGEMENT L PSC 13D/A, 2 filings Aug 29, 202255
- TANG CAPITAL PARTNERS LPSC 13D/A, 3 filings Dec 2, 2021 to Aug 24, 202256
SEC filer profile
How La Jolla Pharmaceutical Company is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARLA JOLLA PHARMACEUTICAL CO2
- CIK0000920465
- Employer ID (EIN)33-03612852
- Filer statusNon-accelerated filer<br>smaller reporting company2
- Incorporated inDelaware2
- Fiscal year endsDecember 312
- Industry code (SIC)2836 Biological Products, (No Diagnostic Substances)2
- Business address201 Jones Road, Suite 400, Waltham, MA 024512
- Phone617-715-36002
- Shares outstanding24,936,883 as of Aug 1, 202211
- Public float$73.3M as of Jun 30, 202157
- On EDGAR sinceFeb 6, 19962
- Filings1,496 in all: 4 (595), 8-K (298), SC 13G/A (94), 10-Q (80), 5 (47), SC 13D/A (36), SC 13G (35), 3 (34)2
All 61 form types
DEF 14A (25), 10-K (21), S-8 (19), 4/A (15), 424B5 (14), S-3 (13), UPLOAD (13), CORRESP (11), S-8 POS (10), DEFA14A (9), EFFECT (9), PRE 14A (9), 8-A12G/A (8), SC 13D (8), 10-K/A (7), 424B3 (7), 425 (7), NT 10-Q (6), S-3/A (6), 10-K405 (5), 424B2 (4), ARS (4), SC TO-C (4), 8-K/A (3), NT 10-K (3), SC TO-T/A (3), 25-NSE (2), CT ORDER (2), D (2), PRER14A (2), REGDEX (2), SC 14D9/A (2), SC TO-T (2), 10-K405/A (1), 10-Q/A (1), 15-12G (1), 3/A (1), 424B1 (1), 8-A12B (1), 8-A12B/A (1), 8-A12G (1), 8-K12B (1), CERTNAS (1), DEF 14C (1), DEFR14A (1), POS AM (1), PRE 14C (1), S-1 (1), S-3MEF (1), S-4 (1), S-4/A (1), SC 14D9 (1), SC14D9C (1)
- Latest filingsAnnual report (10-K) Mar 9, 2022
Quarterly report (10-Q) Aug 15, 2022
Proxy statement (DEF 14A) Jun 4, 2021
Latest 8-K (8-K) Aug 22, 2022
Links
- Websitelajollapharmaceutical.com1
- LinkedInwww.linkedin.com/company/la-jolla-pharmaceutical-company1
- WikidataQ30281958
- SEC EDGARCIK 920465
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 17SEC EDGARDeirdre Gillespie, President
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- 31SEC EDGARGail A. Sloan, VP of Finance
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- 34SEC EDGARPaul Jenn, VP of Product Development
- 35SEC EDGARTeddi Reilly, VP of Human Resources
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- 38SEC EDGARDavid A. Ramsay, Board member
- 39SEC EDGARKevin C. Tang, Board member
- 40SEC EDGARCraig A. Johnson, Board member
- 41SEC EDGARLaura L. Douglass, Board member
- 42SEC EDGARSaiid Zarrabian, Board member
- 43SEC EDGARBertrand C. Liang, Board member
- 44SEC EDGARCraig R. Smith, Board member
- 45SEC EDGARRobert Fildes Phd., Board member
- 46SEC EDGARJames N. Topper, Board member
- 47SEC EDGARNader J. Naini, Board member
- 48SEC EDGARFrank Young, Board member
- 49SEC EDGARMartin P. Sutter, Board member
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- 52SEC EDGAROther events
- 53SEC EDGAROther events
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