Avraham Gabay
On June 6, 2024, Oramed Pharmaceuticals Inc. (the “Company”) appointed Mr. Avraham Gabay to serve as the Chief Financial Officer, Treasurer and Secretary of the Company, effective as of June 18, 2024.
Highest-materiality recent filing
Lifeward acquired Oramed's wholly-owned subsidiary Oratech for 1,250,363 ordinary shares, 1,006,113 pre-funded warrants, and share purchase warrants.
Oramed deferred its right to receive an amortization payment from Scilex due Oct 1, 2025; payment was made in Nov 2025.
Oramed to receive up to 49.9% beneficial ownership in Lifeward via shares, pre-funded warrants, plus 4% revenue sharing on ReWalk net sales (max 10 years).
Oramed receives $18M payment from Scilex, approves $0.25/share dividend
$18M payment from Scilex closes Option Agreement; current returns total $118M on $99.5M investment.
Oramed completes Scilex warrant repurchase; receives $28.5M total
Scilex repurchased second tranche of 3,370,000 warrants for $14M on Dec 30, 2025.
Oramed board member Leonard Sank resigns effective Jan 1, 2026 after 18 years
Leonard Sank submitted resignation from Board on Dec 31, 2025, effective Jan 1, 2026.
Oramed adopts poison pill; declares dividend of one Right per share
Rights trigger at 15% beneficial ownership; each Right allows purchase of one share at $10.00.
Oramed reports nine-month 2025 net income of $65M, up from loss of $6.1M
Net income (pre-tax) of $65.0M vs. $6.1M loss; basic EPS $1.30, diluted $1.26.
Repurchased 1,155,367 shares from HTIT Biotech at $2.23/share for $2.58M total; shares cancelled.
Oramed receives $13M from Scilex in first tranche of warrant repurchase
Scilex repurchased warrants for 3,130,000 shares of Scilex common stock for $13,000,000 on Sept 30, 2025.
Oramed shareholders approve 2M-share increase to 2019 stock incentive plan at annual meeting
Shareholders approved amendment to 2019 Stock Incentive Plan, increasing authorized shares by 2M to 9.5M shares.
Oramed grants Scilex option to repurchase Penny Warrants for up to $27M; clarifies warrant terms
Scilex pays $1.5M option fee in two installments ($750K by Aug 8, 2025; $750K by Dec 16, 2025).
Oramed extends $20M stock buyback program through June 2026
Board extended share repurchase program by one year, now expiring June 2026.
Oramed invests $36.9M in Alpha Tau, acquires 14.1M shares at $2.612/share
Oramed subsidiary purchased ~14.1M shares of Alpha Tau (NASDAQ: DRTS) for $36.9M ($2.612/share) via registered direct offering.
Oramed enters royalty purchase on Gloperba/Elyxyb and rest-of-world license for Gloperba
Oramed gains right to 50% of 4% net sales royalty on Gloperba and Elyxyb worldwide (effectively 2% of net sales).
RoyaltyVest (50% owned by Oramed) obtains exclusive license to develop, manufacture and commercialize ZTlido (lidocaine 1.8%) and SP-103 outside the U.S.
Oramed spins off oral insulin into OraTech JV with HTIT; $75M total investment, Nasdaq IPO planned
HTIT to invest $60M, Oramed $15M into OraTech; Oramed shareholders to receive direct stake in new Nasdaq-listed company.
Oramed extends Scilex note maturity to Dec 2025; receives 3.25M Scilex shares as consideration
Remaining principal on Tranche A Note is $7.675M; maturity extended from March 21, 2025 to December 31, 2025.
Oramed defers Scilex $6.25M amortization; receives 2.5M free-trading Scilex shares
Initial $6.25M amortization due Jan 2, 2025 deferred to Jan 31; further deferral to Oct 2026 conditional on royalty grant.
Oramed recieves $13.2M from Scilex, slashing Tranche A principal to $7.7M
Scilex paid ~$13.2M on Dec 13, 2024, satisfying the $15M installment due Dec 21.
Oramed receives ~$1M prepayment on Scilex Tranche A Note; outstanding reduced to $80.2M
Received ~$1,000,000 mandatory prepayment on Tranche A Note from Scilex on Oct 24, 2024.
Oramed restructures Scilex debt: exchanges $25M note for convertible notes, warrants, and royalty
Oramed exchanged $22.5M of its Scilex note for a $25M 5.5% convertible note due 2026 and 3.75M warrants at $1.09.
Oramed signs $11.5M CRO agreement for Phase 3 trial of ORMD-0801 in type 2 diabetes
Oramed Ltd. subsidiary retained InClin as CRO for planned Phase 3 trial of oral insulin candidate ORMD-0801.
Oramed & Scilex amend note: $2M prepayment, warrant exercise, liquidity waiver
Scilex pays Oramed $2M Sept 23: $1.7M to March 2025 amort, $300K buys back 4M $11.50 warrants.
All seven director nominees re-elected with majority votes; top vote-getter Benjamin Shapiro had 10,120,322 for.
Oramed authorizes up to $20M stock buyback program over 12 months
Board authorized up to $20M in common stock repurchases, expiring in 12 months.
Oramed receives $10.4M payment from Scilex on senior secured note; total payments reach $40M
Received approximately $10.4M on June 20, 2024, fulfilling the $20M third principal payment obligation under the Scilex note.
Oramed Pharmaceuticals appoints Avraham Gabay as CFO effective June 18, 2024
Avraham Gabay appointed CFO, Treasurer, and Secretary, effective June 18, 2024.
Oramed CFO David Silberman resigns, effective July 12, 2024
David Silberman stepped down as CFO, Treasurer and Secretary for personal reasons.
Oramed receives ~$9.6M prepayment from Scilex on $101.9M note; June 2024 payment reduced to ~$10.4M
Received ~$9.6M prepayment on May 2, 2024 from Scilex under mandatory prepayment provision.
On June 6, 2024, Oramed Pharmaceuticals Inc. (the “Company”) appointed Mr. Avraham Gabay to serve as the Chief Financial Officer, Treasurer and Secretary of the Company, effective as of June 18, 2024.
On May 10, 2024, David Silberman, the Chief Financial Officer, Treasurer and Secretary (the “CFO”) of Oramed Pharmaceuticals Inc. (the “Company”), resigned from his positions with the Company for personal reasons, effective as of July 12, 2024.
Max materiality 0.85 · Median 0.60 · Most common event other_material