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Vivani Medical Inc. (VANI)



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Upturn Advisory Summary
03/27/2025: VANI (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 2.38% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 69.93M USD | Price to earnings Ratio - | 1Y Target Price 4 |
Price to earnings Ratio - | 1Y Target Price 4 | ||
Volume (30-day avg) 88451 | Beta 3.5 | 52 Weeks Range 1.00 - 2.22 | Updated Date 04/1/2025 |
52 Weeks Range 1.00 - 2.22 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.43 |
Earnings Date
Report Date 2025-03-24 | When Before Market | Estimate -0.11 | Actual -0.11 |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -31.74% | Return on Equity (TTM) -105.36% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 69963796 | Price to Sales(TTM) - |
Enterprise Value 69963796 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -3.93 | Shares Outstanding 66600800 | Shares Floating 31303164 |
Shares Outstanding 66600800 | Shares Floating 31303164 | ||
Percent Insiders 48.98 | Percent Institutions 8.41 |
Analyst Ratings
Rating 4 | Target Price 5.5 | Buy 2 | Strong Buy - |
Buy 2 | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Vivani Medical Inc.
Company Overview
History and Background
Vivani Medical Inc. (formerly Second Sight Medical Products) focuses on developing miniaturized, long-term implantable drug delivery systems. Founded originally to develop retinal prosthetics, the company pivoted to drug delivery systems. It has undergone significant restructuring and strategic shifts in recent years.
Core Business Areas
- Drug Delivery Systems: Vivani Medical develops miniaturized, long-term drug delivery systems. Their primary focus is on the development of their lead product, Nepro, an investigational miniature drug implant designed for the long-term continuous delivery of exenatide for the treatment of type 2 diabetes.
Leadership and Structure
The leadership team includes Michael Redmond as CEO. The company structure is typical of a small, publicly traded biotech, with functional departments supporting research and development, clinical trials, and business development.
Top Products and Market Share
Key Offerings
- Nepro: Nepro is an investigational miniature drug implant designed for the long-term continuous delivery of exenatide for the treatment of type 2 diabetes. It's currently in clinical development. Market share data is not yet applicable as the product isn't approved. Competitors include companies developing other long-acting diabetes treatments, such as Novo Nordisk (NVO), Eli Lilly (LLY), and Medtronic (MDT), focusing on insulin pumps and continuous glucose monitoring systems. There are also many oral medications competing with injectable medications.
Market Dynamics
Industry Overview
The pharmaceutical industry, particularly the diabetes market, is highly competitive and characterized by continuous innovation in drug delivery systems and therapeutic options.
Positioning
Vivani Medical aims to carve a niche in the diabetes treatment market with its miniaturized, long-term drug delivery system. It's competing with established players with larger resources and a wider range of products.
Total Addressable Market (TAM)
The global diabetes market is estimated to be worth hundreds of billions of dollars. Vivani Medical aims to capture a segment of this market through a novel drug delivery system, but their portion of the TAM is heavily dependent on successful clinical trials and regulatory approval.
Upturn SWOT Analysis
Strengths
- Novel drug delivery technology
- Potential for improved patient compliance
- Focus on a large and growing market (diabetes)
Weaknesses
- Limited financial resources
- Reliance on a single product candidate
- Clinical and regulatory risks
Opportunities
- Partnerships with larger pharmaceutical companies
- Expansion to other therapeutic areas
- Positive clinical trial results
Threats
- Competition from established diabetes treatments
- Unfavorable clinical trial outcomes
- Regulatory hurdles
Competitors and Market Share
Key Competitors
- NVO
- LLY
- MDT
Competitive Landscape
Vivani Medical faces significant competition from larger, more established companies in the diabetes market. Its success hinges on the differentiated features of its drug delivery system. VANI current market share in the diabetes market is negligible, reflecting its development stage.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historically the company growth has been poor with a focus on retinal implants that were not commercially successful.
Future Projections: Future growth depends on successful clinical trials of Nepro and subsequent commercialization. Analyst estimates will vary based on their assessment of these probabilities.
Recent Initiatives: The most recent initiative is the development and clinical testing of Nepro for the treatment of type 2 diabetes.
Summary
Vivani Medical is a development-stage biotech company with a novel drug delivery system for diabetes. Its success depends on the outcome of clinical trials and securing regulatory approval. The company has limited financial resources and faces stiff competition from established players. Failure of clinical trials or inability to raise capital would be detrimental.
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Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It is not investment advice. Please do your own research before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Vivani Medical Inc.
Exchange NASDAQ | Headquaters Alameda, CA, United States | ||
IPO Launch date 2014-11-19 | Co-Founder, CEO & Director Dr. Adam Mendelsohn Ph.D. | ||
Sector Healthcare | Industry Biotechnology | Full time employees 36 | Website https://www.vivani.com |
Full time employees 36 | Website https://www.vivani.com |
Vivani Medical, Inc., a preclinical stage biopharmaceutical company, engages in the development of miniaturized and subdermal implants that treat chronic diseases. The company uses its NanoPortal implant technology to develop and potentially commercialize drug implant candidates in the treatment of chronic disease, medication non-adherence. Its pipeline includes NPM-115, a high-dose exenatide implant candidate is in preclinical stage development for the treatment of chronic weight management in patients with obesity or overweight; NPM-119, an exenatide implant candidate is in preclinical stage development for the treatment of patients with type 2 diabetes; NPM-139, a miniature, subdermal GLP-1 implant in development for chronic weight management; and OKV-119, an exenatide implant is under development for metabolic diseases in cats including for the treatment of obesity and diabetes. The company is headquartered in Alameda, California.
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