Private company
Satsuma Pharmaceuticals, Inc.
Satsuma Pharmaceuticals, Inc. is an American pharmaceutical preparations company based in South San Francisco.2
Last updated Oct 20, 2026.
Overview
- IndustryPharmaceutical Preparations2
- HeadquartersSouth San Francisco, United States2
- Incorporated inDE3
- Business address4819 Emperor Boulevard, Suite 340, Durham, Nc 277033
- Filer category, Emerging growth company3
- Legal formCorporation2
- LEI549300CFJJ7QFB1VAD842
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 60473862
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Research and development | $4.2M4 | $6.4M4 | $24.2M5 | $36.3M6 | $37.6M7 | $44.1M7 | ||
| Operating expenses | $51.2M7 | $70.9M7 | ||||||
| Operating income | -$4.9M4 | -$7.5M4 | -$28.9M5 | -$48.3M6 | -$51.2M7 | -$70.9M7 | ||
| Interest | $15.0K4 | $90.0K4 | $482.0K5 | $350.0K6 | $163.0K7 | $13.0K7 | ||
| Income tax | $1.0K4 | $1.0K4 | $1.0K5 | $06 | $07 | $07 | ||
| Net income | -$5.2M4 | -$7.3M4 | -$28.2M5 | -$47.6M6 | -$51.2M7 | -$70.1M7 | ||
| Earnings per share | -$1.757 | -$2.197 | ||||||
| Earnings per share (diluted) | -$1.757 | -$2.197 | ||||||
| Shares (weighted, basic) | 29.2M shares7 | 32.0M shares7 | ||||||
| Shares (weighted, diluted) | 29.2M shares7 | 32.0M shares7 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Cash | $6.0M4 | $1.7M4 | $5.2M4 | $22.8M5 | $36.3M6 | $15.8M7 | $16.4M7 | |
| Current assets | $5.4M4 | $114.7M5 | $73.8M6 | $99.8M7 | $54.8M7 | |||
| Property, plant and equipment | $6.8M7 | $07 | ||||||
| Total assets | $6.4M4 | $126.3M5 | $81.0M6 | $109.8M7 | $54.9M7 | |||
| Accounts payable | $1.5M7 | $1.9M7 | ||||||
| Short-term debt | $1.1M7 | |||||||
| Current liabilities | $2.0M4 | $8.0M5 | $8.0M6 | $8.5M7 | $8.1M7 | |||
| Long-term debt | $4.8M4 | $2.8M5 | $833.0K6 | |||||
| Total liabilities | $6.9M4 | $10.9M5 | $9.1M6 | $8.5M7 | $8.1M7 | |||
| Retained earnings | -$141.7M7 | -$211.8M7 | ||||||
| Shareholders’ equity | -$326.0K4 | -$5.4M4 | -$12.1M5 | $115.3M6 | $71.9M7 | $101.3M7 | $46.8M7 | |
| Shares outstanding | 1.1M shares4 | 17.4M shares5 | 17.4M shares6 | 31.5M shares7 | 33.2M shares7 | 33.2M shares11 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -$4.3M4 | -$7.0M4 | -$29.6M5 | -$42.3M6 | -$43.0M7 | -$51.5M7 | ||
| Stock-based compensation | $5.4M7 | $5.7M7 | ||||||
| Capital spending | $58.0K4 | $402.0K4 | $551.0K5 | $5.2M6 | $2.0M7 | $472.0K7 | ||
| Free cash flow | -$4.4M | -$7.4M | -$30.2M | -$47.5M | -$45.0M | -$52.0M | ||
| Cash from investing | -$50.8M7 | $43.4M7 | ||||||
| Cash from financing | $73.3M7 | $8.7M7 | ||||||
| Dividend per share | $0.324 |
Corporate structure
Satsuma Pharmaceuticals, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Satsuma Pharmaceuticals, Inc.
- BML Investment Partners, L.P. Filed SC 13G/A on Satsuma Pharmaceuticals, Inc., latest Jun 13, 2023 (3 filings since Nov 16, 2022)
- RA CAPITAL MANAGEMENT, L.P. Filed SC 13D/A on Satsuma Pharmaceuticals, Inc., latest Jun 12, 2023 (2 filings since Apr 18, 2023)
- Shin Nippon Biomedical Laboratories, Ltd. Filed SC 13D/A on Satsuma Pharmaceuticals, Inc., latest Jun 8, 2023 (2 filings since Apr 17, 2023)
- Growth Equity Opportunities 17, LLC Filed SC 13D/A on Satsuma Pharmaceuticals, Inc., latest May 2, 2023 (2 filings since Jan 27, 2023)
- SAMLYN CAPITAL, LLC Filed SC 13G/A on Satsuma Pharmaceuticals, Inc., latest Feb 14, 2023 (3 filings since Feb 14, 2022)
- TPG GP A, LLC Filed SC 13G/A on Satsuma Pharmaceuticals, Inc., latest Feb 10, 2023 (2 filings since Feb 11, 2022)
- Commodore Capital LP Filed SC 13G/A on Satsuma Pharmaceuticals, Inc., latest Nov 16, 2022 (3 filings since Oct 19, 2021)
- Satsuma Pharmaceuticals, Inc. South San Francisco, California, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Satsuma Pharmaceuticals, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $7.4M7 Dec 31, 2021 | $6.9M6 Dec 31, 2020 | +7.4% |
| Accumulated depreciation | $622.0K7 Dec 31, 2021 | $433.0K6 Dec 31, 2020 | +43.6% |
| Property and equipment, net | $07 Dec 31, 2022 | $6.8M7 Dec 31, 2021 | −100.0% |
| Operating-lease assets (leased space) | $108.0K7 Dec 31, 2022 |
Investments
Leadership
Who has led Satsuma Pharmaceuticals, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerJohn A. Kollins Sep 12, 2019 to Jun 8, 202312
- PresidentJohn A. Kollins Sep 12, 2019 to Jun 8, 202312
- Chief financial officerThomas P. O'Neil Sep 12, 2019 to Jun 8, 202313
Board members and other officers (11)
- Chief Medical OfficerDetlef Albrecht Sep 12, 2019 to Jun 7, 202214
- Board memberMutya Harsch Oct 12, 2021 to Jun 8, 202315
- Board memberThomas P. Soloway Jul 7, 2020 to Jun 8, 202316
- Board memberElisabeth Sandoval Sep 12, 2019 to Jun 8, 202317
- Board memberHeath Lukatch Sep 12, 2019 to Jun 8, 202318
- Board memberJohn A. Kollins Sep 12, 2019 to Jun 8, 202312
- Board memberKen Takanashi Sep 12, 2019 to Jun 8, 202319
- Board memberMichael T. Riebe Sep 12, 2019 to Jun 8, 202320
- Board memberPeter Kolchinsky Sep 12, 2019 to Jun 7, 202221
- Board memberRajeev M. Shah Sep 12, 2019 to Jun 8, 202322
- Board memberThomas Braxton King Sep 12, 2019 to Jun 8, 202323
Timeline
- Jun 8, 20238-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer24
- May 18, 20238-K Other events25
- May 3, 20238-K Other events26
- Apr 17, 20238-K Entered a material agreement; Listing notice or transfer; Executive or director change27
- Mar 28, 20238-K Results of operations28
- Feb 16, 20238-K Other events29
- Dec 20, 20228-K Other events30
- Nov 30, 20228-K Other events31
- Nov 14, 20228-K Other events32
- Nov 3, 20228-K Results of operations33
- Nov 3, 20228-K Entered a material agreement34
- Oct 28, 20228-K Ended a material agreement35
- Sep 12, 2019New chief executive John A. Kollins becomes CEO12
- Jun 21, 2016Founded Satsuma Pharmaceuticals, Inc. is founded2
Calendar
When it reported results
- Mar 28, 2023Reported quarterly or annual results28
- Nov 3, 2022Reported quarterly or annual results33
- Aug 9, 2022Reported quarterly or annual results36
- May 10, 2022Reported quarterly or annual results37
- Mar 15, 2022Reported quarterly or annual results38
- Nov 9, 2021Reported quarterly or annual results39
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
119 filings to the SEC since October 2021: 3 annual reports, 5 quarterly reports, 19 major events, 42 insider forms, 17 large holders, 33 other. The latest 20:
- Jun 20, 202315-12G EDGAR
- Jun 13, 2023SC 13G/A NONE EDGAR
- Jun 12, 20234 OWNERSHIP DOCUMENT EDGAR
- Jun 12, 2023SC 13D/A EDGAR
- Jun 8, 2023EFFECT EDGAR
- Jun 8, 2023EFFECT EDGAR
- Jun 8, 2023EFFECT EDGAR
- Jun 8, 2023S-8 POS EDGAR
- Jun 8, 2023S-8 POS EDGAR
- Jun 8, 2023S-8 POS EDGAR
- Jun 8, 2023S-8 POS EDGAR
- Jun 8, 2023POS AM EDGAR
- Jun 8, 2023SC 13D/A EDGAR
- Jun 8, 2023POS AM EDGAR
- Jun 8, 2023POS AM EDGAR
- Jun 8, 20238-K EDGAR
- Jun 8, 2023SC 14D9/A EDGAR
- Jun 8, 2023SC 13E3/A EDGAR
- Jun 8, 20234 FORM 4 SUBMISSION EDGAR
- Jun 8, 20234 FORM 4 SUBMISSION EDGAR
The 119 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
25 open-market trades by officers, directors and large owners since October 2021: 24 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 8, 2023 | Shin Nippon Biomedical Laboratories, Ltd.10% owner | Buy | 8,423,732 | $0.91 | $7.7M | Form 4 |
| Jun 6, 2023 | TAKANASHI KENDirector | Buy | 22,053,581 | $0.91 | $20.1M | Form 4 |
| Jun 6, 2023 | Shin Nippon Biomedical Laboratories, Ltd.10% owner | Buy | 22,053,581 | $0.91 | $20.1M | Form 4 |
| Nov 21, 2022 | Leonard Braden Michael10% owner | Buy | 150,000 | $0.71 | $106.5K | Form 4 |
| Nov 15, 2022 | Leonard Braden Michael10% owner | Buy | 831,694 | $0.63 | $524.0K | Form 4 |
| Nov 14, 2022 | Leonard Braden Michael10% owner | Buy | 5,608,306 | $0.69 | $3.9M | Form 4 |
| Nov 14, 2022 | COMMODORE CAPITAL LP10% owner | Sale | 3,250,000 | $0.71 | $2.3M | Form 4 |
| Nov 24, 2021 | COMMODORE CAPITAL LP10% owner | Buy | 2,922 | $5.42 | $15.8K | Form 4 |
| Nov 22, 2021 | COMMODORE CAPITAL LP10% owner | Buy | 9,979 | $5.49 | $54.8K | Form 4 |
| Nov 19, 2021 | COMMODORE CAPITAL LP10% owner | Buy | 3,225 | $5.44 | $17.5K | Form 4 |
| Nov 11, 2021 | COMMODORE CAPITAL LP10% owner | Buy | 7,941 | $6.05 | $48.0K | Form 4 |
| Nov 10, 2021 | COMMODORE CAPITAL LP10% owner | Buy | 9,622 | $5.85 | $56.3K | Form 4 |
| Nov 8, 2021 | COMMODORE CAPITAL LP10% owner | Buy | 560 | $5.99 | $3.4K | Form 4 |
| Nov 5, 2021 | COMMODORE CAPITAL LP10% owner | Buy | 7,800 | $5.95 | $46.4K | Form 4 |
| Nov 4, 2021 | COMMODORE CAPITAL LP10% owner | Buy | 1,400 | $5.88 | $8.2K | Form 4 |
| Nov 2, 2021 | COMMODORE CAPITAL LP10% owner | Buy | 8,880 | $5.64 | $50.1K | Form 4 |
| Oct 29, 2021 | COMMODORE CAPITAL LP10% owner | Buy | 44,651 | $5.71 | $255.0K | Form 4 |
| Oct 28, 2021 | COMMODORE CAPITAL LP10% owner | Buy | 15,082 | $5.55 | $83.7K | Form 4 |
| Oct 27, 2021 | COMMODORE CAPITAL LP10% owner | Buy | 39,581 | $5.45 | $215.7K | Form 4 |
| Oct 22, 2021 | COMMODORE CAPITAL LP10% owner | Buy | 27,629 | $5.51 | $152.2K | Form 4 |
All 25 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BML Investment Partners, L.P.SC 13G/A, 3 filings Nov 16, 2022 to Jun 13, 202340
- RA CAPITAL MANAGEMENT, L.P.SC 13D/A, 2 filings Apr 18, 2023 to Jun 12, 202341
- Shin Nippon Biomedical Laboratories, Ltd.SC 13D/A, 2 filings Apr 17, 2023 to Jun 8, 202342
- Growth Equity Opportunities 17, LLCSC 13D/A, 2 filings Jan 27, 2023 to May 2, 202343
- SAMLYN CAPITAL, LLCSC 13G/A, 3 filings Feb 14, 2022 to Feb 14, 202344
- TPG GP A, LLCSC 13G/A, 2 filings Feb 11, 2022 to Feb 10, 202345
- Commodore Capital LPSC 13G/A, 3 filings Oct 19, 2021 to Nov 16, 202246
SEC filer profile
How Satsuma Pharmaceuticals, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSatsuma Pharmaceuticals, Inc.1
- CIK0001692830
- Employer ID (EIN)81-30398311
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)2834 Pharmaceutical Preparations1
- Business address4819 Emperor Boulevard, Suite 340, Durham, NC 277031
- Phone415-505-08091
- Shares outstanding33,152,498 as of May 8, 202310
- Public float$93.3M as of Jun 30, 202211
- On EDGAR sinceDec 29, 20161
- Filings264 in all: 4 (82), 8-K (34), SC 13G/A (18), 3 (16), 10-Q (11), SC 13G (9), CORRESP (8), UPLOAD (8)1
All 42 form types
EFFECT (7), SC 13D/A (7), SC 13E3/A (6), 10-K (4), S-8 (4), S-8 POS (4), SC 14D9/A (4), 4/A (3), DEF 14A (3), DEFA14A (3), POS AM (3), S-3 (3), SC 13D (3), S-1/A (2), SC 13E3 (2), SEC STAFF LETTER (2), 10-K/A (1), 15-12G (1), 25-NSE (1), 424B3 (1), 424B4 (1), 424B5 (1), 8-A12B (1), CERT (1), D (1), D/A (1), DRS (1), DRS/A (1), DRSLTR (1), S-1 (1), S-1MEF (1), SC 14D9 (1), SC TO-C (1), SC14D9C (1)
- Latest filingsAnnual report (10-K) Mar 28, 2023
Quarterly report (10-Q) May 11, 2023
Proxy statement (DEF 14A) Apr 19, 2022
Latest 8-K (8-K) Jun 8, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 15SEC EDGARMutya Harsch, Board member
- 16SEC EDGARThomas P. Soloway, Board member
- 17SEC EDGARElisabeth Sandoval, Board member
- 18SEC EDGARHeath Lukatch, Board member
- 19SEC EDGARKen Takanashi, Board member
- 20SEC EDGARMichael T. Riebe, Board member
- 21SEC EDGARPeter Kolchinsky, Board member
- 22SEC EDGARRajeev M. Shah, Board member
- 23SEC EDGARThomas Braxton King, Board member
- 24
- 25SEC EDGAROther events
- 26SEC EDGAROther events
- 27
- 28SEC EDGARResults of operations
- 29SEC EDGAROther events
- 30SEC EDGAROther events
- 31SEC EDGAROther events
- 32SEC EDGAROther events
- 33SEC EDGARResults of operations
- 34SEC EDGAREntered a material agreement
- 35SEC EDGAREnded a material agreement
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