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Idera Pharmaceuticals, Inc.
Biotech Specialty Pharma
167 Sidney St
Cambridge, MA 02139 USA
phone:617-679-5500
fax:617-679-5592
Symbol IDRA
Exchange NGM
Founded 0
Employees
www.iderapharma.com
Research Sector Biotech Specialty Pharma
Summary Description
Therapeutics that modulate immune responses for the treatment of multiple diseases.
Management
Sudhir Agrawal, D. Phil., Chairman, Chief Executive Officer and President; Louis Arcudi, MBA, Chief Financial Officer, Vice President of Operations, Treasurer and Secretary; Robert Arbeit, M.D., Vice President, Clinical Development; Timothy M. Sullivan, Ph.D., Vice President, Development Programs; Steven J. Ritter, Ph.D., J.D., Intellectual Property Counsel; David M. Lough, Ph.D., Director, Business Development
Ownership
Financials Mkt Cap :69


* numbers in thousands
 

Keywords
Allergies, oncology, asthma, allergy, infectious diseases, autoimmune, vaccine adjuvants, bacterial, DNA, viral

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Updated: May 03, 2012

Description
Idera Pharmaceuticals develops drug candidates to treat chronic hepatitis C virus infection, autoimmune and inflammatory diseases, cancer, and respiratory diseases, and for use as vaccine adjuvants. The company's proprietary drug candidates are designed to modulate specific Toll-like Receptors, which are a family of immune system receptors. Idera's pioneering DNA and RNA chemistry expertise enables it to create drug candidates for internal development and generates opportunities for multiple collaborative alliances.
Products / Services
IMO-2055, a TLR9 agonist currently in phase 2 clinical testing for cancer. IMO-3100 for autoimmune in phase 1.
Technology / Differentiation
Toll-like receptors recognize viral and bacterial DNA and produce immune responses. Bacterial and viral DNA contain specific patterns that are not present in the host DNA and are recognized by Toll-like receptors. Idera's IMO technology focuses on the development of synthetic DNA compounds that mimic bacterial or vial DNA and modulate Toll-like receptor responses. They have generated preclinical data that suggest different IMO structures potentially can induce specific patterns of immune response. They have also completed Phase 1 clinical trial to establish safety and intended mechanism of action.
Market / Customers
oncology, asthma/allergy, and infectious diseases, autoimmune, vaccine adjuvants
Competitors / Substitutes / Alternatives
Dynavax Technologies Corp., Genta Inc.,Sanofi-Aventis
Strategy
Idera's business strategy is to advance applications of its TLR-targeted drug candidates in multiple disease areas simultaneously. The Company is advancing some of these applications through internal programs, and it seeks to advance other applications through collaborative alliances with pharmaceutical companies.


2012-05-24-947