Risk Factors Update Summary
- Increased scrutiny on ESG matters may lead to additional costs and risks, impacting investor perception.
- Sales of respiratory products decreased from 44% to 24% of total revenues.
- Potential costs and liabilities due to data privacy and security breaches could result in significant harm.
- Loss of EUA approvals by the FDA for respiratory products could adversely impact operations.
- Changes in tax laws, especially retroactively, could adversely affect financial statements and operations.
- Unexpected increases in demand could require significant additional costs to meet customer demand.
- Failure to comply with evolving privacy laws may result in penalties, impacting business reputation.
- Failure to integrate Quidel and Ortho businesses could harm results and prospects.
- Pension plan liabilities of approximately $36.0 million could affect financial condition as they mature.
- Increased cybersecurity risks due to flexible work arrangements may create vulnerabilities.
- Failure to attract or retain key employees may impede R&D and operational objectives.
- Disruptions in supply chain, logistics, and labor availability could impact production and operations.
- Future sales of common stock by significant investors could impact the trading price.
- Changes in import tariffs or restrictions could negatively impact business by affecting demand and costs.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1906324&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.