Ampio Pharmaceuticals, Inc. (AMPE) Bundle
Ampio Pharmaceuticals, Inc.'s stated mission to improve patient quality of life by developing innovative therapies for inflammatory conditions is defintely a noble goal, but how does that vision hold up against the company's severe financial reality?
As of November 2025, the stock trades around $0.0052 per share, and the company has faced a Going Concern Explanation from its auditors, which is a serious red flag for any investor or business strategist.
Can a core value system focused on patient-centric solutions-like their OA-201 program for osteoarthritis-truly drive a turnaround when the market capitalization sits at a tiny US$5.904K, and what strategic actions should you watch for next?
Ampio Pharmaceuticals, Inc. (AMPE) Overview
You're looking for a clear picture of Ampio Pharmaceuticals, Inc., and the direct takeaway is that the company is no longer an operating entity. The stockholders approved a Plan of Dissolution, and the company formally dissolved on August 16, 2024. This means any analysis must focus on the company's final operational phase and its current status as a wind-down case.
Ampio Pharmaceuticals was a biopharmaceutical company focused on developing therapies for prevalent inflammatory conditions, primarily its OA-201 development program, which targeted a potential treatment for osteoarthritis of the knee (OAK). The company's history involved the pursuit of new uses for approved drugs and new molecular entities across therapeutic areas like metabolic, eye, and kidney disease. As of November 2025, the company has no ongoing sales or commercial products, operating instead to settle legal obligations and liquidate assets. Honestly, this is a tough but necessary lesson in biotech risk.
- Company dissolved on August 16, 2024.
- Primary focus was the OA-201 program for OAK.
- Current status is liquidation and settling liabilities.
Final Financial Performance Leading to Dissolution
As a seasoned analyst, I have to be defintely clear: there is no 2025 fiscal year data to report for an operating business. The company's financial performance leading up to its dissolution was characterized by a lack of revenue and significant losses from its development-stage operations. For the trailing twelve months (TTM) ended December 31, 2023, Ampio Pharmaceuticals reported $0 in revenue (in thousands, USD), highlighting its pre-commercial status. This is the critical number.
During its final reporting periods, the company was focused on cost-cutting measures, including staff reductions and subleasing facilities, which were expected to save approximately $4.6 million annually. The last reported quarterly loss, in Q3 2023, was $1.2 million, or a loss of $1.53 per share. This financial reality-zero product sales and consistent burn-is why the dissolution became necessary. The market capitalization as of November 2025 is minuscule, around $5.9K, reflecting the minimal residual value in the wind-down process.
A Case Study in Biopharma Risk
While Ampio Pharmaceuticals is not a current industry leader in the traditional sense, its journey and ultimate dissolution make it a crucial case study in the high-risk, high-reward biopharmaceutical industry. The company's story illustrates the immense financial uncertainty and operational challenges inherent in drug development, especially for firms focused on a single, unapproved product candidate like Ampion. They simply ran out of runway before achieving regulatory approval or commercial success.
This situation is a stark reminder that even promising clinical-stage companies face a binary outcome: breakthrough success or complete value erosion. The fact that the company announced a voluntary delisting and SEC deregistration in March 2024, followed by dissolution, underscores the limits of capital and the unforgiving nature of the development cycle. To understand the specific financial metrics that led to this outcome, and why a company can go from clinical trials to liquidation, you should find out more below: Breaking Down Ampio Pharmaceuticals, Inc. (AMPE) Financial Health: Key Insights for Investors
Ampio Pharmaceuticals, Inc. (AMPE) Mission Statement
You're looking for the guiding principles of Ampio Pharmaceuticals, Inc. (AMPE), and frankly, the mission is now less about grand vision and more about a focused, near-term fight for viability. The core mission of Ampio Pharmaceuticals is centered on the development of innovative proprietary drugs, specifically with the aim of being safe and efficacious in advancing patient care for chronic inflammatory diseases. This guiding statement is what's left to steer the company as it navigates a challenging environment, marked by a voluntary delisting from the NYSE American and SEC deregistration announced in March 2024.
A mission statement's significance is in its power to prioritize capital and personnel. For a clinical-stage biopharmaceutical company like Ampio, which is now trading at a stock price of around $0.0052 as of November 6, 2025, and has a market capitalization of approximately $3.1K, every dollar must directly serve this core purpose. The company's strategic pivot involves intense cost-cutting, including streamlining operations for an expected annual saving of approximately $4.6 million, which directly supports the mission's financial sustainability component. The mission isn't just a plaque on the wall; it's the filter for every strategic decision.
Here's the quick math: with a market cap this small, the mission must be laser-focused on the highest-potential, lowest-cost path to a viable product. Exploring Ampio Pharmaceuticals, Inc. (AMPE) Investor Profile: Who's Buying and Why?
Component 1: Innovative Proprietary Drug Development
The first core component of Ampio's mission is a commitment to 'innovative proprietary drugs' and leveraging its 'extensive portfolio' of drug candidates. This means Ampio is not pursuing generic treatments; it's focused on new molecular entities (NMEs) and novel formulations to address critical therapeutic areas. The company's primary focus right now is the development of OA-20X, a new series of formulations based on past research into osteoarthritis (OA) treatments.
This commitment is backed by the company's current work, which involves preclinical studies to support its pipeline advancement. The focus on proprietary drug delivery systems and therapeutic platforms is the company's bet on future revenue, a crucial point given the financial uncertainties and the audit opinion with a 'Going Concern' explanation. They are trying to create an asset that is defintely worth more than its current valuation.
- Develop new molecular entities (NMEs).
- Focus on proprietary formulations like OA-20X.
- Advance candidates from preclinical through regulatory guidance.
Component 2: Safety, Efficacy, and Advancing Patient Care
The mission explicitly states the aim of being 'safe and efficacious in advancing patient care,' which is the bedrock of any biopharma company. This isn't just a feel-good statement; it's a regulatory and ethical requirement that translates into rigorous preclinical and clinical trial operations. For Ampio, this commitment is currently demonstrated through the early-stage results of its OA-20X program.
The latest research shows that the OA-20X formulations demonstrated 'promising results in cartilage protection and pain reduction' in validated rodent models. This preclinical data is the concrete evidence supporting the company's mission to deliver high-quality, effective treatments. While the company's 2023 fiscal year Net Income was a loss of -$8.63M, the investment in research and development (R&D) is the necessary expense to fulfill this mission component and potentially reverse the financial trend. The entire business model hinges on proving efficacy.
Component 3: Focus on Chronic Inflammatory Conditions
The third key component is the therapeutic area of focus: developing therapies for prevalent inflammatory conditions. This strategic choice narrows the market focus, allowing for a more concentrated allocation of limited resources. The primary indication remains osteoarthritis of the knee (OAK), a debilitating condition that affects millions of people across the United States.
This focus is a risk-mitigation strategy. By concentrating on OAK, a large, well-defined market, Ampio aims to maximize the potential return on its OA-20X development. This specialization is a clear action derived from the mission, allowing the small team of around 12 employees to concentrate their efforts. The company is also exploring other inflammatory conditions, including an intravenous formulation for acute cardiovascular injury, but the near-term action is OAK. This tight focus is a necessity for a company seeking a strategic alternative to survive.
Ampio Pharmaceuticals, Inc. (AMPE) Vision Statement
You're looking for the guiding star of Ampio Pharmaceuticals, Inc. (AMPE), but the reality is their vision is currently less about a grand future and more about immediate, critical survival. As a seasoned analyst, I see their operational vision-the one driving their actions-split into three urgent components: achieving clinical validation for their lead candidate, maintaining a razor-thin operational efficiency, and ultimately, securing the financial stability needed to continue as a going concern (a company that can meet its financial obligations as they fall due).
The company's focus is laser-sharp on the OA-20X program for osteoarthritis, which is the only asset that can change their current trajectory. Their stock price, trading around $0.0052 as of November 2025, and a market capitalization of roughly $3.1K, tell you everything you need to know about the existential nature of their current strategy.
Pivoting to Clinical Validation for OA-20X
The core of Ampio Pharmaceuticals' operational vision is the successful advancement of their proprietary OA-20X formulations. This is a clinical-stage biopharmaceutical company, so their mission is defintely tied to getting a novel therapy for inflammatory conditions, like osteoarthritis, through the regulatory gauntlet. They are betting everything on this program, which is a new series of formulations based on past research, showing promising results in rodent models for cartilage protection and pain reduction.
For investors, the next clinical milestone is the only thing that matters. The vision here is simple: Generate data that moves OA-20X into the next phase of human trials. The company's future hinges on the U.S. Food and Drug Administration (FDA) correspondence and the ability to start clinical development. This is a high-risk, high-reward bet. If the pre-Investigational New Drug (IND) enabling studies don't translate, the company's valuation-already near zero-will collapse entirely.
- Validate OA-20X's efficacy and safety in human trials.
- Secure the necessary regulatory approvals to progress the drug.
- Deliver a novel, non-surgical treatment for osteoarthritis pain.
Achieving and Sustaining Operational Efficiency
A vision of financial health is paramount when an audit opinion includes a Going Concern Explanation. Frankly, the company's mission is to stay alive. To address this, Ampio Pharmaceuticals has already taken clear, painful steps to streamline operations, including reducing staff and subleasing facilities.
Here's the quick math: these actions are expected to save approximately $4.6 million annually. That cost-cutting is the lifeblood right now. Compare this to the company's Net Income, which was a loss of $(8.63) million for the fiscal year ending 2023-12-31. The $4.6 million in savings acts as a critical bridge, but it doesn't solve the fundamental problem of having no revenue (TTM Revenue was $0 as of 2023-12-31). The vision is to stretch the remaining capital long enough to hit a clinical inflection point. You can read more about the tight financial situation in Breaking Down Ampio Pharmaceuticals, Inc. (AMPE) Financial Health: Key Insights for Investors.
Core Value: Patient-Centric Innovation with Fiscal Responsibility
While the formal core values may be hard to pin down, their actions imply a dual focus: Scientific Rigor and Fiscal Responsibility. In biopharma, the patient is always the stated priority, but for a company in this position, the delivery of that innovation must be done with extreme financial prudence. Their focus on the OA-20X program, distinct from earlier, failed products, shows a commitment to learning and scientific rigor-they are innovating based on past data.
The operational reality forces a value of Radical Focus. Every dollar spent must advance the OA-20X program. This is not a time for broad-based research; it's a sprint to product validation. The voluntary delisting from the NYSE American to the over-the-counter market is a strategic, cost-saving move, not a sign of growth. It's a value statement: we will cut non-essential costs to fund the science. Their Book Value Per Share, at $4.03 for the last reported fiscal year (2023-12-31), still suggests some underlying asset value, but the market price shows a serious discount due to the high risk.
The next concrete step for you is to monitor the Q4 2025 and Q1 2026 filings for updates on the OA-20X pre-IND studies. That's the only action that changes the company's valuation story.
Ampio Pharmaceuticals, Inc. (AMPE) Core Values
You're looking for the foundational principles guiding Ampio Pharmaceuticals, Inc. (AMPE) in late 2025, but the truth is the company's core focus has shifted dramatically. Following the approval of a Plan of Dissolution by stockholders in August 2024, the company's operational values are no longer centered on drug development but on a responsible, legal wind-down. The original mission to advance therapies for inflammatory conditions has been replaced by a fiduciary obligation to shareholders.
Here's the quick math: with the stock trading around $0.0052 per share in November 2025 and a market capitalization of only about $5.9K, the company is effectively a shell in liquidation. The current 'core values' are best understood as the guiding principles for a financially distressed entity managing its final affairs.
Fiduciary Responsibility and Transparency
This value is now paramount, dictating that the Board and management prioritize the maximization of value for remaining stockholders through the dissolution process. This means clear, timely communication about the end of the company's existence and the status of its assets. The company's voluntary delisting from the NYSE American and subsequent SEC deregistration in early 2024 was a direct action taken to avoid the 'significant operating expense' of remaining compliant with major exchange reporting rules, which would have drained cash intended for stockholders.
To be fair, the shift to this value was a forced pivot after the failure of the OA-201 program, their last product development opportunity. The company has been transparent about the financial risks, including an Audit Opinion with a 'Going Concern' explanation as recently as April 2024, which is a clear signal to investors about the high uncertainty of future operations. The ultimate goal is to distribute any cash remaining after settling legal obligations, though management has cautioned that it is 'unclear' if cash will be available.
Financial Stewardship and Efficiency
In the face of clinical setbacks, Ampio Pharmaceuticals adopted a ruthless focus on cost reduction, treating every dollar as a precious asset for its shareholders. This value manifested in aggressive operational streamlining to preserve cash for the strategic alternatives process and eventual dissolution. The company's workforce was reduced to a skeleton crew of all but five employees by early 2023, a stark example of extreme cost control.
This focus on efficiency led to substantial cuts in operational expenditure:
- Personnel and facility reductions were expected to save approximately $4.6 million annually.
- Research and Development (R&D) expenses were slashed to just $0.4 million in Q3 2023, down from prior levels.
- The company's cash position was roughly $3.8 million in Q1 2024, which was being preserved to fund the orderly wind-down.
This intense stewardship is the only reason there is any cash left to potentially distribute. You can dive deeper into the financial context in Breaking Down Ampio Pharmaceuticals, Inc. (AMPE) Financial Health: Key Insights for Investors.
Scientific Integrity and Accountability
While the company's initial mission was centered on scientific innovation, the final years saw a difficult but necessary shift to a value of accountability for past actions and a clear-eyed view of scientific reality. This is a crucial lesson for any biotech investor. The company's internal investigations in 2022 focused on the statistical analysis of their AP-013 clinical trial and unauthorized drug use, demonstrating a failure of integrity that required a public, internal correction.
The commitment to accountability was demonstrated by:
- Withdrawing three Investigational New Drug (IND) applications for the legacy drug Ampion and discontinuing all development efforts on that candidate.
- Publicly announcing in February 2024 that the efficacy results for OA-201 did not support an IND submission for early 2025, specifically noting the larger nonclinical trial failed to show a pain reduction benefit.
Honestly, the final core value here is a defintely a commitment to facing the data, no matter how bad, and acting decisively to protect capital, which is the ultimate form of accountability to shareholders in a liquidation scenario.

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