Oramed Shares Update with Shareholders on Oral Insulin Program Progress, Notable Investment Gains, and Future Growth Plans
Oral Insulin Program Update: Oramed Pharmaceuticals is advancing its oral insulin program independently, launching a new U.S. trial to validate its formulation based on promising results from identified high-responder subgroups.
Investment Portfolio Performance: The company has strategically invested in various biomedical firms, achieving significant returns, including a $99.5 million loan to Scilex and investments in Alpha Tau and BioXcel, which have shown substantial gains.
Shareholder Commitment: Oramed reaffirms its commitment to rewarding shareholders, including plans for a one-time dividend, despite the termination of a joint venture that would have facilitated this.
Growth Strategy and Financial Health: The company reports a growth in total cash and assets to approximately $210 million, highlighting its ability to create value through strategic capital deployment and a diversified investment approach.
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Oramed Pharmaceuticals and Lifeward Sign Strategic Deal, Investing $9 Million
- Strategic Deal Signed: Oramed Pharmaceuticals and Lifeward have signed binding agreements involving the transfer of Oramed's Protein Oral Drug delivery technology, marking a significant advancement in innovative drug delivery.
- Equity Stake Increase: Oramed will obtain a 49.9% beneficial ownership interest in Lifeward upon satisfaction of certain terms, which is expected to significantly enhance its control and market influence over Lifeward.
- Financing Arrangement: Lifeward will issue $10 million in senior secured convertible notes, with Oramed investing $9 million, alongside an additional milestone-based $10 million note, further solidifying Oramed's financial involvement.
- Positive Market Reaction: In pre-market trading on NasdaqCM, Lifeward shares rose 21.5% to $0.77, reflecting positive market expectations and increased investor confidence regarding the transaction.

Oramed Pharmaceuticals Receives $18 Million Payment, Declares $0.25 Dividend
- Significant Investment Returns: Oramed Pharmaceuticals received an $18 million payment from Scilex Holdings, bringing total returns on its $99.5 million investment to $118 million, demonstrating the company's success in investment management and profitability.
- Debt Structure Optimization: Oramed retains a $27 million note and a $12 million convertible note, which can be converted into Scilex equity at $36 per share, ensuring potential capital appreciation in the future.
- Shareholder Reward Plan: The company's board approved a cash dividend of $0.25 per share, with an expected total distribution of approximately $10.5 million, aimed at rewarding shareholders and enhancing investor confidence.
- Funding Source Assurance: This dividend will be funded with surplus capital, reflecting Oramed's financial management robustness and confidence in future investments.









