
Inhibikase Therapeutics Inc
IKT · NASDAQ · Healthcare / Biotechnology
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About
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.
Company Details
- SectorHealthcare
- IndustryBiotechnology
- CEOMr. Mark T. Iwicki
- Employees35
- Headquarters1000 N. West Street, Wilmington, DE, United States, 19801, USA
- Websitehttps://www.inhibikase.com
Leadership
- Mr. Mark T. IwickiCEO & Director · b. 1966
- Dr. Christopher H. Cabell FACC, M.D.President, Head of Research & Development and Chief Medical Officer · b. 1969
- Mr. David John McIntyre B.Econs(Acc), BEC, C.P.A., L.L.B., M.B.A.Chief Financial Officer · b. 1970
- Dr. John Adams Ph.D.Chief Scientific Officer
- Mr. Jeffrey J. KagyChief Human Resources Officer
- Mr. Chadwick J. Orevillo MPHExecutive VP & Head of Development Operations
- Mr. Timothy J. PigotChief Commercial & Strategy Officer · b. 1971
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy1
- Buy1
Ownership Breakdown
- Institutions
- 92.25%
- Insiders
- 6.09%
- Retail / Other
- 1.66%
Top Institutional Holders
- Sands Capital Ventures, LLC13.02M9.33%
- Soleus Capital Management, L.P.10.88M7.79%
- Trails Edge Capital Partners, LP9.05M6.49%
- Fairmount Funds Management LLC8.63M6.18%
- ADAR1 Capital Management LLC6.61M4.73%
- Kalehua Capital Management LLC6.49M4.65%
- BlackRock Inc6.30M4.52%
- Blackstone Inc5.94M4.26%
- Siren, L.L.C.5.85M4.19%
- COMMODORE CAPITAL LP5.40M3.87%
- Vanguard Capital Management, LLC4.45M3.19%
- Millennium Management LLC4.03M2.89%
- Saturn V Capital Management LLC3.87M2.77%
- Spruce Street Capital LP3.58M2.57%
- Squadron Capital Management LLC3.00M2.15%
- Nantahala Capital Management, LLC2.70M1.94%
- Geode Capital Management, LLC2.17M1.56%
- State Street Corp1.69M1.21%
Top Fund Holders
- Vanguard MStar Total Stk Mkt Idx Invest3.76M2.70%
- iShares Russell 2000 ETF2.96M2.12%
Stock Splits
- Jun 30, 20231:6