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Last $3.13 USD
Change Today +0.09 / 2.96%
Volume 1.1M
IDRA On Other Exchanges
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

idera pharmaceuticals inc (IDRA) Snapshot

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52 Week High
01/13/15 - $5.48
52 Week Low
10/10/14 - $1.94
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Average Volume 10 Days
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idera pharmaceuticals inc (IDRA) Details

Idera Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of novel therapeutics for oncology and rare diseases in the United States. It uses two proprietary drug discovery technology platforms to design and develop drug candidates, including toll-like receptor targeting technology and gene silencing oligonucleotide (GSO) technology. The company’s lead drug candidate includes IMO-8400, which is in Phase 1/2 clinical trials for the treatment of Waldenström’s Macroglobulinemia, diffuse large B-cell lymphoma, and Duchenne muscular dystrophy, as well as in Phase 2 clinical trial for the treatment of dermatomyositis. Its products also comprise IMO-9200, a drug candidate in Phase 1 clinical trial for use in selected autoimmune disease indications; and IMO-2055/IMO-2125 that are in Phase 1/2 clinical trials for applications as immune therapies for the treatment of cancer. In addition, the company is developing GSOs to turn off the messenger RNA associated with disease causing genes. It has license and research collaboration agreement with Merck & Co. to research, develop, and commercialize vaccine adjuvants containing TLR7, TLR8, and TLR9 agonists in the fields of cancer, infectious diseases, and Alzheimer’s disease; and an agreement with Abbott Molecular Inc. for the development of an in vitro companion diagnostic test. Idera Pharmaceuticals, Inc. was founded in 1989 and is based in Cambridge, Massachusetts.

45 Employees
Last Reported Date: 03/12/15
Founded in 1989

idera pharmaceuticals inc (IDRA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $50.0K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $425.9K
President of Research and Director
Total Annual Compensation: $856.4K
Compensation as of Fiscal Year 2014.

idera pharmaceuticals inc (IDRA) Key Developments

Idera Pharmaceuticals, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2015

Idera Pharmaceuticals, Inc. reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported alliance revenue of $34,000 against $3,000 a year ago. Loss from operations was $12,523,000 against $8,973,000 a year ago. Net loss applicable to common stockholders was $12,481,000 or $0.12 per basic and diluted share against $9,146,000 or $0.12 per basic and diluted share a year ago.

Idera Pharmaceuticals, Inc. Announces FDA Orphan Drug Designation for IMO-8400 for the Treatment of Diffuse B-Cell Lymphoma

Idera Pharmaceuticals, Inc. announced that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation for IMO-8400, an antagonist of the endosomal Toll-like receptors (TLRs) 7, 8 and 9, for the treatment of diffuse large B-cell lymphoma (DLBCL). Idera is currently conducting a clinical trial of IMO-8400 in patients with relapsed or refractory DLBCL harboring MYD88 L265P oncogenic mutation. Preclinical studies have shown that in B-cell lymphomas characterized by the MYD88 L265P oncogenic mutation, including DLBCL, TLR signaling is over-activated, thereby enabling tumor cell survival and proliferation. As a TLR antagonist, IMO-8400 inhibits TLR signaling. The objectives of the trial are to evaluate the compound's safety, tolerability and clinical activity. The protocol includes three dose-escalation cohorts of IMO-8400 administered subcutaneously.

Idera Pharmaceuticals, Inc. Presents at Needham & Company's 14th Annual Healthcare Conference, Apr-14-2015 01:40 PM

Idera Pharmaceuticals, Inc. Presents at Needham & Company's 14th Annual Healthcare Conference, Apr-14-2015 01:40 PM. Venue: Westin Grand Central Hotel, New York, New York, United States. Speakers: Vincent J. Milano, Chief Executive Officer and Director.


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