Anika Therapeutics Inc (NAS:ANIK)
$ 17.35 -0.2 (-1.14%) Market Cap: 254.10 Mil Enterprise Value: 219.27 Mil PE Ratio: 0 PB Ratio: 1.42 GF Score: 70/100
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Anika Therapeutics Inc to Acquire PARCUS MEDICAL L L C and Arthrosurface Inc Call Transcript

Jan 08, 2020 / 01:30PM GMT
Release Date Price: $51.89 (-1.95%)
Operator

Good morning, ladies and gentlemen, and welcome to Anika Therapeutics conference call announcing the acquisition of Parcus Medical and Arthrosurface. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

I would now turn the call over to Sylvia Cheung, Chief Financial Officer. Please go ahead.

Sylvia Cheung
Anika Therapeutics, Inc. - CFO, Treasurer & Secretary

Thank you, Catherine. Good morning, everyone, and thank you for joining us.

I wanted to start by thanking everyone for your patience in waiting between Monday's announcement and today's call. We needed to announce the acquisitions on Monday from a compliance standpoint, and Joe was recovering from a case of laryngitis. And unfortunately, his voice is not 100% back, so joining me on the call today is Anika's Executive Vice President of Business Development and Strategic Planning, Jim Loerop.

On Monday, we announced 2 important acquisitions that will help position Anika to deliver on our 5-year strategic plan. We are

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