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Last $13.52 USD
Change Today +0.27 / 2.04%
Volume 12.2K
DPRX On Other Exchanges
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

dipexium pharmaceuticals inc (DPRX) Snapshot

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07/21/15 - $17.10
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09/3/14 - $9.16
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dipexium pharmaceuticals inc (DPRX) Details

Dipexium Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of antibiotics for the treatment of infectious diseases. It develops Locilex (pexiganan cream 0.8%), a novel, broad spectrum, and topical antibiotic, which is in phase 3 clinical trials for the treatment of mild infections of diabetic foot ulcers. The company was founded in 2010 and is based in New York, New York.

5 Employees
Last Reported Date: 03/23/15
Founded in 2010

dipexium pharmaceuticals inc (DPRX) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $464.2K
Co-Founder and Executive Chairman
Total Annual Compensation: $364.2K
Vice President of Finance and Corporate Devel...
Total Annual Compensation: $248.8K
Chief Accounting Officer and Treasurer
Total Annual Compensation: $138.8K
Compensation as of Fiscal Year 2014.

dipexium pharmaceuticals inc (DPRX) Key Developments

Dipexium Pharmaceuticals Surpasses Treatment of 50% of Subjects in Pivotal Phase 3 Clinical Trial

Dipexium Pharmaceuticals, Inc. announced that its OneStep-1 Phase 3 clinical trial has passed the 50% enrollment milestone. OneStep-1 and OneStep-2 are identical, pivotal Phase 3 clinical trials (180 patients per clinical trial) being conducted under a Special Protocol Assessment (SPA) agreement between the U.S. Food and Drug Administration and Dipexium for evaluation of Locilex for the treatment of patients with mild infections of diabetic foot ulcers. As of today, 43 clinical trial centers, out of a total of 60 currently open for enrollment across both pivotal Phase 3 clinical studies, OneStep-1 and OneStep-2, have enrolled at least one patient. New clinical trial sites are being added to the program in the coming weeks. The company anticipates completing enrollment and filing a New Drug Application for FDA approval in 2016.

Dipexium Pharmaceuticals Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Dipexium Pharmaceuticals Inc. reported unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported loss from operations of $4,034,523 against $3,920,484 a year ago. Net loss was $4,031,908 against $3,920,113 a year ago. Basic and diluted net loss per common share was $0.47 against $0.46 a year ago. The change was primarily due to a $0.4 million increase in professional and administrative costs and stock-based compensation expenses, partially offset by a decrease in research and development expenses of $0.3 million due to the higher manufacturing expenses in 2014 related to the commencement of clinical trials. For the six months, the company reported loss from operations of $8,222,349 against $6,464,323 a year ago. Net loss was $8,219,141 against $6,463,952 a year ago. Basic and diluted net loss per common share was $0.96 against $0.90 a year ago. This change was primarily due to a $2.1 million increase in general and administrative expenses, offset by a $0.4 million decrease in research and development expenses. Net cash used in operating activities was $6.2 million.

Dipexium Pharmaceuticals, Inc. to Report Q2, 2015 Results on Aug 13, 2015

Dipexium Pharmaceuticals, Inc. announced that they will report Q2, 2015 results at 7:00 AM, US Eastern Standard Time on Aug 13, 2015


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