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Emmaus Life Sciences EMMA · USD

Health Care · US listing · 🇺🇸 United States

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Close of 9 Nov 2026, in USD

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About Emmaus Life Sciences

From its filings with the US Securities and Exchange Commission

SEC filings

Emmaus Life Sciences is based in Torrance, California and is incorporated in Delaware. Its shares trade on OTC under the ticker EMMA. The SEC classifies its business as pharmaceutical preparations. In the fiscal year to 31 December 2025, it reported revenue of $12.5m and a net loss of $7.5m. At that date it held total assets of $21.4m and shareholders' equity of −$63.6m.

In its own words

We are a commercial-stage biopharmaceutical company engaged in the discovery, development, marketing and sale of innovative treatments and therapies, primarily for rare and orphan diseases. Our only product, Endari® (prescription grade L-glutamine oral powder) is approved by the U.S. Food and Drug Administration, or FDA, to reduce the acute complications of sickle cell disease (“SCD”) in adult and pediatric patients five years of age and older. Endari® was approved for marketing in the United Arab Emirates, or U.A.E, Qatar, Kuwait, Bahrain and Oman. Our application for marketing authorization in the Kingdom of Saudi Arabia, or KSA, is pending. While the application is pending, the FDA approval of Endari® can be referenced to allow access to Endari® in Saudi Arabia on a named-patient basis. In January 2025, Endari® was afforded market exclusivity in the KSA by the KSA’s unified purchasing system which extends to all KSA government institutions, including hospitals under the Ministry of Health, Military Hospitals, the National Guard, the Security Forces, and King Faisal Specialty Hospitals and Research Centers.

Quoted from its 10-K, filed 31 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Pharmaceuticals
Listed since
9 May 2000
Employees
32
Head office
21250 HAWTHORNE BOULEVARD, SUITE 800, TORRANCE, CA, 90503
Incorporated in
DE
Classification
Pharmaceutical Preparations
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. Willis LeeChairman of the Board, Chief Executive Officer, Chief Operating Officer, since 2011$251,091
  • Dr. Charles StarkChief Science Officer & Executive Vice President of Clinical Development and Medical Affairs$220,423
  • Ms. Hiroko HuynhChief Accounting Officer
  • Mr. Jon KuwaharaIndependent Director$25,000
  • Mr. Wei Peu ZenIndependent Director$109,067
  • Mr. Ian ZwickerIndependent Director$109,067

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Established Reputation: Emmaus Life Sciences Inc has built a strong reputation in the pharmaceutical industry, known for their commitment to research and development.
  • Innovative Products: The company has a portfolio of innovative pharmaceutical products that address critical unmet medical needs.
  • Strong Financial Position: Emmaus enjoys a robust financial position, allowing them to invest in promising research and development ventures.

Weaknesses

  • Limited Market Presence: Emmaus may face challenges in expanding its market presence globally, as it currently operates in a limited number of countries.
  • Dependency on a Few Products: The company heavily relies on a few key products for its revenue, which poses a risk if any regulatory issues or market changes affect these products.
  • High Research and Development Costs: As an innovative pharmaceutical company, Emmaus incurs significant expenses in research and development, which can impact profitability.

Opportunities

  • Expansion into New Markets: Emmaus has the opportunity to explore new markets and expand their global footprint, potentially increasing their market share.
  • Collaborations and Partnerships: Strategic collaborations and partnerships with other pharmaceutical companies can help Emmaus access new technologies and markets.
  • Growing Demand for Specialty Medicines: The increasing demand for specialty medicines presents a significant opportunity for Emmaus to introduce new products catering to specific medical conditions.

Threats

  • Intense Competition: The pharmaceutical industry is highly competitive, and Emmaus may face stiff competition from large multinational companies and emerging players.
  • Regulatory and Legal Challenges: Compliance with complex regulatory frameworks and potential legal issues pose threats to Emmaus' operations and product development.
  • Market Uncertainties: Fluctuations in market conditions, changes in healthcare policies, and economic uncertainties can impact Emmaus' financial performance and market opportunities.

Sources and methodology

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