IVERIC bio, Inc., a biopharmaceutical company, develops novel therapies to treat ophthalmic diseases with a focus on age-related and orphan retinal diseases. The company is developing Zimura, an inhibitor of complement factor C5, which is in Phase IIb clinical trials for the treatment of geographic atrophy (GA), a late-stage form of dry age-related macular degeneration (AMD) characterized by retinal cell death and degeneration of tissue in the central portion of the retina known as the macula; and autosomal recessive Stargardt disease (STGD1), which is an orphan inherited retinal disease (IRD). It is also developing High temperature requirement A serine peptidase 1 protein (HtrA1) inhibitors for the treatment of GA secondary to dry AMD and other age-related retinal diseases, such as wet AMD and idiopathic polypoidal choroidal vasculopathy. The company has a license agreement with the University of Florida Research Foundation (UFRF) and the University of Pennsylvania for the development and commercialization of novel adeno-associated virus (AAV) gene therapy product candidate for the treatment of rhodopsin-mediated autosomal dominant retinitis pigmentosa (RHO-adRP); and Best disease and other bestrophinopathies. It also has a research agreement with the University of Massachusetts Medical School to utilize the minigene therapy approach to create AAV gene therapy product candidates targeting Leber Congenital Amaurosis type 10 and STGD1; and to evaluate various AAV gene delivery methods for potential application in the eye. The company was formerly known as Ophthotech Corporation and changed its name to IVERIC bio, Inc. in April 2019. IVERIC bio, Inc. was founded in 2007 and is headquartered in New York, New York.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
CIKN/A
Phone212-845-8200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$209.98 million
Profitability
Miscellaneous
Employees35
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable
IVERIC bio (NASDAQ:ISEE) Frequently Asked Questions
What is IVERIC bio's stock symbol?
IVERIC bio trades on the NASDAQ under the ticker symbol "ISEE."
How were IVERIC bio's earnings last quarter?
IVERIC bio Inc (NASDAQ:ISEE) posted its earnings results on Wednesday, May, 8th. The company reported ($0.30) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.36) by $0.06. View IVERIC bio's Earnings History.
When is IVERIC bio's next earnings date?
Has IVERIC bio been receiving favorable news coverage?
Media headlines about ISEE stock have trended somewhat positive on Wednesday, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. IVERIC bio earned a news sentiment score of 1.4 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for IVERIC bio.
Are investors shorting IVERIC bio?
IVERIC bio saw a drop in short interest in the month of June. As of June 15th, there was short interest totalling 541,200 shares, a drop of 8.7% from the May 15th total of 592,500 shares. Based on an average daily volume of 157,600 shares, the short-interest ratio is presently 3.4 days. Currently, 1.7% of the shares of the stock are short sold. View IVERIC bio's Current Options Chain.
Who are some of IVERIC bio's key competitors?
Some companies that are related to IVERIC bio include MannKind (MNKD), Five Prime Therapeutics (FPRX), Affimed (AFMD), Harrow Health (HROW), Aeglea Bio Therapeutics (AGLE), Edge Therapeutics (EDGE), Sol Gel Technologies (SLGL), Mersana Therapeutics (MRSN), Chimerix (CMRX), Osmotica Pharmaceuticals (OSMT), Spero Therapeutics (SPRO), Poxel (PXXLF), Galectin Therapeutics (GALT), American Brivision (Holding) (ABVC) and Corvus Pharmaceuticals (CRVS).
Who are IVERIC bio's key executives?
IVERIC bio's management team includes the folowing people:
- Dr. David R. Guyer, Exec. Chairman (Age 59)
- Mr. Glenn P. Sblendorio M.B.A., CEO, Pres & Director (Age 63)
- Dr. Samir C. Patel M.D., Co-Founder and Consultant (Age 58)
- Mr. David F. Carroll, Sr. VP, CFO & Treasurer (Age 53)
- Mr. Keith Westby M.B.A., Sr. VP & COO (Age 44)
How do I buy shares of IVERIC bio?
Shares of ISEE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is IVERIC bio's stock price today?
One share of ISEE stock can currently be purchased for approximately $1.24.
How big of a company is IVERIC bio?
IVERIC bio has a market capitalization of $51.43 million and generates $209.98 million in revenue each year. The company earns $63.09 million in net income (profit) each year or ($1.67) on an earnings per share basis. IVERIC bio employs 35 workers across the globe.View Additional Information About IVERIC bio.
What is IVERIC bio's official website?
How can I contact IVERIC bio?
IVERIC bio's mailing address is ONE PENN PLAZA 35TH FLOOR, NEW YORK NY, 10119. The company can be reached via phone at 212-845-8200 or via email at [email protected]
MarketBeat Community Rating for IVERIC bio (NASDAQ ISEE)
MarketBeat's community ratings are surveys of what our community members think about IVERIC bio and other stocks. Vote "Outperform" if you believe ISEE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ISEE will underperform the S&P 500 over the long term. You may vote once every thirty days.
