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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