arqule inc
(AQL:Frankfurt Stock Exchange)
arqule inc (AQL) Snapshot
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Open
€2.05
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Previous Close
€2.13
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Day High
€2.12
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Day Low
€2.05
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52 Week High
08/17/12 - €5.50
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52 Week Low
10/3/12 - €1.66
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Market Cap
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Average Volume 10 Days
420.0
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Shares Outstanding
0.0
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Dividend Yield
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Related News
arqule inc (AQL) Related Businessweek News
No Related Businessweek News Foundarqule inc (AQL) Details
ArQule, Inc., a clinical-stage biotechnology company, engages in the research and development of cancer therapeutics directed toward molecular targets and biological processes. Its lead product candidate tivantinib is an inhibitor of the c-Met receptor tyrosine kinase and its biological pathway, which is in Phase 3 clinical trial for the treatment of non-small cell lung and liver cancer; and Phase 2 clinical trial for the treatment of colorectal cancer. The company is also involved in the development of ARQ 087, an inhibitor of fibroblast growth factor receptor; ARQ 621, an inhibitor of the Eg5 kinesin motor protein; and ARQ 736, an inhibitor of the RAF kinases, which are in Phase 1 clinical development, as well as ARQ 761, an activator of the E2F-1 damage response/checkpoint pathway. It has partnership agreement with Daiichi Sankyo Co., Ltd. and Kyowa Hakko Kirin Co., Ltd. for implementing a clinical development program designed to realize the broad potential of tivantinib as a single agent; and in combination with other anti-cancer therapies in various disease indications. In addition, the company has research collaboration with Daiichi Sankyo Co., Ltd. to discover selective inhibitors of two kinases in the field of oncology based on its ArQule Kinase Inhibitor Platform (AKIP) technology. ArQule, Inc. was founded in 1993 and is headquartered in Woburn, Massachusetts.
arqule inc (AQL) Top Compensated Officers
arqule inc (AQL) Key Developments
ArQule Inc. reported unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, research and development revenue was $5,661,000 against $8,498,000 a year ago. Revenue is comprised primarily of revenue from the Daiichi Sankyo tivantinib development agreement, the license agreement with Daiichi Sankyo for the development of ARQ 092, and the Kyowa Hakko Kirin exclusive license agreement for tivantinib. Loss from operations was $5,920,000 against $4,404,000 a year ago. Net loss was $5,775,000 or $0.09 per basic and diluted share against $4,260,000 or $0.08 per basic and diluted share a year ago. The company reaffirmed earnings guidance for 2013. Cash guidance for 2013 remains the same as provided at the 2012 year-end call. The company expects net use of cash to range between $40 million and $45 million, revenues are expected to range between $12 million and $15 million, net loss is expected to range between $28 million and $31 million and net loss per share to range between $0.45 and $0.50.
ArQule Inc. announced that they will report Q1, 2013 results at 7:00 AM, US Eastern Standard Time on May 08, 2013
ArQule Inc., Q1 2013 Earnings Call, May 08, 2013
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Industry Analysis
AQL
Industry Average
| Valuation | AQL | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 5.2x |
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| Price/Book | 2.3x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 2.5x |
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