Novartis Pharma AG
$513.5K 73 recipients
Compare payment profiles
CMS Open Payments · Program Year 2024
Thea Pharma Inc.
Thea Pharma Inc. reported $511,964.78 across General Payments, Research, and Ownership to 3,562 physicians and teaching hospitals across 3,562 transactions.
- $512.0K
- All-tracks total
- 3,562
- Transactions
- 3,562
- Recipients
- −$253.4K
- General Payments vs PY2023
Thea Pharma Inc. reported $511,964.78 across all CMS Open Payments tracks (General + Research + Ownership) to 3,562 physicians and teaching hospitals in Program Year 2024 - ranking #757 of 1,925 reporting manufacturers (0.0% of the all-tracks industry total); General Payments alone were $511,964.78, averaging $143.73 per recipient.
Data currency: Figures are rendered from the processed CMS Open Payments release. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.
CMS Sunshine Act warrant
Manufacturer thea-pharma-inc Thea Pharma Inc.
$512.0K · #757/1,925 · 0.0% industry · PY2024
- TOT $512.0K
- RANK #757
- SHARE 0.0%
- TXN 3,562
- RCP 3,562
- CAT 5
- GEN $512.0K
- ΔGEN −$253.4K
- TOP1 25.0%
- PY 2024
Volume peers
Nearest volume peer: Novartis Pharma AG ($513.5K)
Thea Pharma Inc. sits among 1,925 manufacturers disclosing under the Physician Payments Sunshine Act. Volume peers below are nearest by all-tracks total, not corporate affiliates. Open the company rankings →
Release-over-release change
General Payments changed from PY2023 to PY2024
Thea Pharma Inc.'s CMS-reported General Payments decreased by $253.4K (−33.1%) from PY2023 to PY2024.
How this year-over-year comparison is scoped
The comparison uses consecutive CMS program years only (current = prior + 1) from the manufacturer General Payments summary and excludes research and ownership or investment records. Non-consecutive year pairs are not shown as year-over-year change. This General Payments figure is not the all-tracks company total in the hero.
CMS source labels for this exact identifier: PY2022: THEA PHARMA INC.PY2023: THEA PHARMA INC.PY2024: Thea Pharma Inc.. Matching identifiers support a bounded record comparison; a label difference would be reported as unresolved rather than treated as a corporate event.
Subscribe to this company's source-bounded update feed It publishes only identifier-matched CMS release comparisons, never inferred company events.
General Payments: PY2023 vs PY2024
Annual CMS-reported totals for this company, not an all-category Open Payments total
- PY2023
- $765,408.70
- PY2024
- $511,964.78
What the Data Shows for Thea Pharma Inc.
Thea Pharma Inc. ranks #757 out of 1,925 companies in the CMS Open Payments database for Program Year 2024, a comparatively small 0.0% slice of all industry payments reported nationwide for the year. The underlying total is $511,964.78 across 3,562 transactions to 3,562 physicians and teaching hospitals - $143.73 per transaction and $143.73 per recipient on average.
Of the 5 general-payment categories charted below, "Royalty or License" is the largest at $255.9K across 8 transactions, 50.0% of this company's General Payments (see our methodology for how research and ownership payments are reported separately).
General Payment Breakdown by Type
Thea Pharma Inc. made 5 types of general payments. "Royalty or License" is the largest category at $255.9K, 50.0% of General Payments.
Thea Pharma Inc. reports 5 general-payment categories - the top three are Royalty or License (50.0%), Consulting Fee (34.1%), and Food and Beverage (14.7%). The remaining 2 categories make up 1.2% of this company's reported general-payment total. That multi-category mix is the kind of profile single-category reporters cannot show.
How Thea Pharma Inc. divides its payments
How the reported total splits across payment categories
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Royalty or License | $255.9K | 8 | 50.0% |
| Consulting Fee | $174.7K | 110 | 34.1% |
| Food and Beverage | $75.2K | 3,416 | 14.7% |
| Travel and Lodging | $5.7K | 2 | 1.1% |
| Education | $520.00 | 26 | 0.1% |
Recipient Concentration in General Payments
The five largest recipient relationships account for $302,467.56 (59.1%) of $511,964.78 in this company's General Payments records across 2,406 recipients.
General Payments scope note
Program Year 2024 General Payments view only: excludes research and ownership/investment records, so it is not the all-category company total above.
Largest General-Payment relationships for Thea Pharma Inc.
The five named recipients with the highest reported General Payments from this company
- 1
Elias Reichel
$127,945.32 across 4 reported transactions
- 2
Brandon Busbee
$127,945.32 across 4 reported transactions
- 3
David Sola-Del Valle
$20,364.40 across 9 reported transactions
- 4
Nandini Venkateswaran
$16,233.65 across 6 reported transactions
- 5
Jason Bacharach
$9,978.87 across 16 reported transactions
Compare this company's payment profile with similarly sized manufacturers in the company comparison tool, and consult the methodology for the CMS source scope.
Similarly Concentrated Companies
Companies whose General Payments are spread across recipients about as (un)evenly as Thea Pharma Inc.'s, measured by the same HHI concentration index above, not by payment size.
What HHI 2,500 means here
2,500 is the DOJ/FTC merger-guidelines threshold for "highly concentrated" markets; used here only as a familiar concentration reference, not a legal finding about Thea Pharma Inc..
Companies with Similar Payment Volumes
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Data sourced from CMS Open Payments (Physician Payments Sunshine Act). See our methodology for details. Retrieved and formatted by PlainPharmaWatch
Disclaimer
This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainPharmaWatch is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-26.