July 26, 2017 1:40 PM ET

Healthcare Providers and Services

Company Overview of Spotlight Innovation Inc.

Company Overview

Spotlight Innovation Inc., a pharmaceutical company, focuses on acquiring rights to innovative and proprietary therapeutics designed to address unmet medical needs. The company is developing Crotoxin, which is in Phase I clinical study for the treatment of cancer. It also develops various compounds for the treatment of viral infections, including Zika virus infection; STL-182, an orally-available small molecule for the treatment of spinal muscular atrophy; and products derived from cobra and venom to treat chronic pain. The company, through its strategic investment in Solx, Inc., offers SOLX Gold Shunt, an implantable drainage device designed to reduce elevated intraocular pressure associate...

Building 3

11147 Aurora Avenue

Aurora Business Park

Urbandale, IA 50322

United States

2 Employees

Phone:

515-274-9087

Key Executives for Spotlight Innovation Inc.

Chairman of the Board, Interim Chief Executive Officer, President and Chief Operating Officer
Age: 58
Chief Financial Officer
Age: 62
Total Annual Compensation: $70.0K
Consultant
Age: 44
Total Annual Compensation: $159.9K
Compensation as of Fiscal Year 2016.

Spotlight Innovation Inc. Key Developments

Spotlight Innovation Inc. Enters into Sponsored Research Agreement with The Brigham and Women's Hospital Inc

On June 21, 2017, Spotlight Innovation Inc. entered into a Sponsored Research Agreement with The Brigham and Women's Hospital Inc. to support research directed by BWH professor Kevin Hodgetts aimed at developing safe and effective drugs to treat patients with spinal muscular atrophy. The Company will provide to BWH an aggregate of $200,000 in funding support for the research project. The Company shall sponsor BWH's research project for a period of one year, unless sooner terminated by either party upon forty-five days advance written notice pursuant to the terms of the Agreement.

Spotlight Innovation Inc. Announces Management Changes

Spotlight Innovation Inc. announced that the company's Board of Directors has accepted the resignation of Cristopher Grunewald as Chief Executive Officer (CEO) and appointed John M. Krohn as interim CEO, effective immediately. Krohn will continue to serve as Chairman of the Board, President and Chief Operating Officer. Krohn joined the company's Board of Directors in February 2016. He has over three decades of operating and leadership experience across diverse industry sectors.

Spotlight Innovation Inc. announced delayed 10-Q filing

On 05/15/2017, Spotlight Innovation Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

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Private Placement
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