Inotiv

Inotiv

NOTV
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NOTV · Stock Price

USD 0.29-0.01 (-3.33%)
Market Cap: $10.5M

Historical price data

Overview

Inotiv operates as a full-service CRO and research model vendor, with a mission to 'Analyze, Answer, Advance' for its partners in the life sciences. Founded in 1974, the company has built a 50-year legacy, offering an integrated suite of services spanning discovery, safety assessment, and research model supply. Its strategy is centered on a 'contract to discover partnership' model, aiming to provide deep scientific collaboration rather than transactional services, though it faces significant financial and operational headwinds.

CardiovascularGastrointestinalHepaticInfectious DiseaseInflammation and ImmunologyMetabolic and Diabetic DiseaseNeuroscienceOncologyPulmonaryRenal

Technology Platform

An integrated service platform combining a full suite of nonclinical CRO capabilities (discovery, DMPK, toxicology, pathology) with one of the industry's broadest portfolios of research models, genetically engineered model services (GEMS), and laboratory animal diet/bedding products.

Pipeline

1
1 drug in pipeline
DrugIndicationStageWatch
Spinosad TopicalScabiesApproved

Funding History

2
Total raised:$156M
Debt$150M
IPO$6M

Opportunities

The growing and outsourcing-prone preclinical CRO market, demand for complex models and assays for novel modalities (e.g., ADCs), and its integrated 'models-plus-services' offering provide a significant market opportunity.
Deep expertise in high-need therapeutic areas like cardiovascular and metabolic disease is a key strength.

Risk Factors

Severe financial distress with a minimal market valuation and ongoing operating losses poses an existential liquidity risk.
A recent cybersecurity incident adds unquantified operational, legal, and reputational liabilities.
Intense competition from larger, more stable CROs threatens market share.

Competitive Landscape

Inotiv competes with large, integrated public CROs like Charles River Laboratories and LabCorp's Covance, as well as specialized CROs and research model vendors like The Jackson Laboratory. Its differentiated integrated model is countered by its smaller scale and significant financial instability relative to key peers.