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History

March 1995
The Goodman family acquires GeriatRx and appoints Jonathan Ross Goodman as President and CEO. The company’s initial market capitalization is $1 million.

April 1996
Mark Beaudet joins Paladin Labs as a Director and Vice President.

June 1996
The Company’s name is changed from GeriatRx to Paladin Labs Inc.

December 1999
Paladin’s revenues exceed $10 million for the first time. Market capitalization reaches $85 million.

December 2007
Paladin’s revenues exceed $50 million for the first time. Market capitalization reaches $150 million.

December 2009
Paladin’s revenues exceed $100 million for the first time. Market capitalization reaches $345 million.

November 2013
Paladin Labs enters into an agreement to be acquired by Endo Health Solutions in a cash and stock transaction valuing the company at over $1.6 billion. As part of the transaction consideration, Paladin agrees to create and carve out a new entity to Paladin shareholders, Knight Therapeutics Inc. Knight will own certain rights associated with Impavido, an approved Paladin product indicated for the treatment of leishmaniasis, and be transferred $1 million in cash.

February 2014
Endo Health Solutions acquisition of Paladin Labs closes for a total transaction value of over $3.0 billion. Knight Therapeutics begins operations as an independent entity and is listed on the TSX-V under the symbol GUD. Jonathan Ross Goodman appointed as founding President and CEO.

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