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Inhibikase Therapeutics, Inc.

Inhibikase Therapeutics, Inc. operates as a clinical-stage pharmaceutical company that develops therapeutics to modify the course of cardiopulmonary diseases, with a primary focus on pulmonary arterial hypertension (PAH), a progressive, life-threatening disease characterized by pulmonary vascular remodeling and elevated pulmonary vascular resistance. It offers IKT-001, a novel oral prodrug of imatinib mesylate designed for the treatment of pulmonary arterial hypertension (PAH) was designed to improve areas of the molecule that might play a role in the gastrointestinal side effects associated with imatinib, while maintaining systemic exposure and efficacy through oral administration. The company has completed non-human primate safety studies and a bioequivalence clinical study in healthy volunteers, establishing dose equivalence with imatinib. IKT-001 is currently being evaluated in a global, adaptive Phase 3 clinical trial (IMPROVE-PAH), with endpoints including pulmonary vascular resistance and 6-minute walk distance. Inhibikase Therapeutics, Inc. entered into a collaborative research and development agreement with Sphaera Pharma Pte. Ltd., which was subsequently assigned to Pivot Holding LLC, for prodrug technology development and maintains an exclusive license for IKT-001. The company was founded in 2008 and is headquartered in Wilmington, Delaware.

Market Cap

$437.0M

Volume

778.0K

Cash and Equivalents

$31.2M

EBITDA

-$66.2M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

N/A

Profit Margin

N/A

52 Week High

$2.53

52 Week Low

$1.33

Dividend

N/A

Price / Book Value

2.73

Price / Earnings

-5.55

Price / Tangible Book Value

2.73

Enterprise Value

$278.0M

Enterprise Value / EBITDA

-4.20

Operating Income

-$66.2M

Return on Equity

51.96%

Return on Assets

-32.79

Cash and Short Term Investments

$159.0M

Debt

N/A

Equity

$153.3M

Revenue

N/A

Unlevered FCF

-$22.1M

Sector

Biotechnology

Category

N/A

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