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Last $12.75 USD
Change Today +0.06 / 0.47%
Volume 849.6K
ITEK On Other Exchanges
As of 8:10 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

inotek pharmaceuticals corp (ITEK) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/24/15 - $19.45
52 Week Low
04/23/15 - $4.68
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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inotek pharmaceuticals corp (ITEK) Details

Inotek Pharmaceuticals Corporation, a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapies for glaucoma. The company’s lead product candidate includes Trabodenoson, an adenosine mimetic that has completed Phase II clinical trials for lowering IOP by restoring the eye’s natural pressure control mechanism, as well as for optic neuropathy. Its product pipeline also includes Trabodenoson plus Latanoprost, a fixed-dose combination prostaglandin analogue, which has completed the Phase II clinical trials for IOP-lowering in patients who have previously had inadequate response to latanoprost. Inotek Pharmaceuticals Corporation was founded in 1999 and is headquartered in Lexington, Massachusetts.

8 Employees
Last Reported Date: 05/14/15
Founded in 1999

inotek pharmaceuticals corp (ITEK) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $154.1K
Principal Financial Officer, Principal Accoun...
Total Annual Compensation: $102.1K
Chief Medical Officer and Executive Vice Pres...
Total Annual Compensation: $447.3K
Chief Scientific Officer and Executive Vice P...
Total Annual Compensation: $390.5K
Compensation as of Fiscal Year 2014.

inotek pharmaceuticals corp (ITEK) Key Developments

Inotek Pharmaceuticals Corporation Appoints Ittai Harel as Chairperson of the Nominating and Corporate Governance Committee

The Board of Directors (the Board) of Inotek Pharmaceuticals Corporation (the Company) has appointed Ittai Harel as the Chairperson of the Nominating and Corporate Governance Committee, having previously determined that he satisfies all applicable requirements to serve on such committee, including without limitation the applicable requirements of the NASDAQ Listing Rules and the Securities Exchange Act of 1934, as amended (collectively, Applicable Requirements). The Board of the Company has appointed Ittai Harel to its Audit Committee, having previously determined that he satisfies all Applicable Requirements to serve on such committee.

Inotek Pharmaceuticals Corporation Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015

Inotek Pharmaceuticals Corporation reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, loss from operations was $3,049,000 against $1,712,000 a year ago. Net loss was $1,462,000 or $0.21 per basic and diluted share against $2,148,000 or $3.08 per basic and diluted share a year ago.

Devang Kantesaria Not to Stand for Re-Election to Inotek Pharmaceuticals Corporation Board of Directors

On April 28, 2015, Devang Kantesaria informed the Board of Directors of Inotek Pharmaceuticals Corporation that he will not stand for re-election to the Board of Directors when his term expires at the company’s upcoming 2015 annual meeting of stockholders (Annual Meeting) and he tenders his resignation as a member of the Board of Directors of the company upon the conclusion of the Annual Meeting. Mr. Kantesaria’s decision not to stand for re-election did not result from any disagreement with the company on any matter relating to the company’s operations, policies or practices.


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