cempra inc (CEMP:NASDAQ GM)
cempra inc (CEMP) Snapshot
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Open
$6.80
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Previous Close
$6.85
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Day High
$6.90
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Day Low
$6.67
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52 Week High
06/25/12 - $9.56
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52 Week Low
11/20/12 - $5.26
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Market Cap
171.3M
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Average Volume 10 Days
38.8K
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EPS TTM
$-1.21
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Shares Outstanding
24.9M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
cempra inc (CEMP) Related Businessweek News
No Related Businessweek News Foundcempra inc (CEMP) Details
Cempra, Inc., a clinical-stage pharmaceutical company, focuses on developing antibiotics to treat drug-resistant bacterial infections in the community and hospital. The company develops solithromycin in oral and intravenous formulations for the treatment of respiratory tract infections, including community acquired bacterial pneumonia (CABP) and bacterial urethritis comprising gonorrhea. Its solithromycin product candidate is in Phase III clinical trial for the treatment of CABP. The company also develops Taksta, an oral therapy for the long term treatment of prosthetic joint infections caused by staphylococci. Its Taksta product candidate has completed a Phase II clinical trial in patients with acute bacterial skin and skin structure infections; and is in Phase II clinical trial for the treatment of prosthetic joint infections. In addition, the company intends to use its series of proprietary lead compounds for the treatment of chronic inflammatory diseases, endocrine diseases, and gastric motility disorders. Cempra, Inc. has collaborative research and development, and license agreement with Optimer Pharmaceuticals, Inc. The company was formerly known as Cempra Holdings, LLC and changed its name to Cempra, Inc. in February 2012. Cempra, Inc. was founded in 2005 and is headquartered in Chapel Hill, North Carolina.
cempra inc (CEMP) Top Compensated Officers
cempra inc (CEMP) Key Developments
Cempra, Inc. announced the signing of an exclusive license and development agreement for solithromycin with Toyama Chemical Co. Ltd., a subsidiary of FUJIFILM Holdings Corporation in Japan. Under the terms of the license and development agreement, Toyama will have exclusive rights to develop and commercialize solithromycin in Japan. Cempra will receive an upfront payment of $10 million as well as up to $60 million in milestone payments from Toyama based on the achievement of certain objectives. Tiered royalties that will be adjusted based on sales are expected to be paid to Cempra following launch of solithromycin in Japan.
To discuss the signing of an exclusive license and development agreement for solithromycin with Toyama Chemical Co., Ltd
Cempra, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported a net loss of $10.3 million, or $0.42 per share, compared to a net loss of $3.5 million, or $0.26 per share, for the same period in 2012. Loss from operations was $10,018,000 compared to $2,848,000 a year ago. Net loss and comprehensive loss was $10,345,000 compared to $3,149,000 a year ago.
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| CEMP:US | $6.88 USD | +0.03 | |
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Industry Analysis
CEMP
Industry Average
| Valuation | CEMP | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 3.5x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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