Last $0.63 USD
Change Today -0.02 / -3.08%
Volume 39.6K
FPMI On Other Exchanges
As of 8:10 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

fluoropharma medical inc (FPMI) Snapshot

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04/9/14 - $0.92
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02/13/14 - $0.47
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fluoropharma medical inc (FPMI) Details

FluoroPharma Medical, Inc., a biopharmaceutical company, is engaged in the discovery, development, and commercialization of molecular imaging pharmaceuticals with primary applications in the area of cardiology. The company’s product portfolio includes BFPET, an imaging agent that has completed Phase Ia clinical trial in stress-testing for patients with presumptive or proven cardiac artery disease (CAD); and CardioPET, a molecular imaging agent, which is in Phase II clinical trials to assess myocardial metabolism for patients with coronary artery disease. It is also involved in developing VasoPET, a molecular imaging agent for the detection of ‘vulnerable’ coronary artery plaque in patients with CAD. The company has license agreement with Massachusetts General Hospital. FluoroPharma Medical, Inc. was founded in 2003 and is headquartered in Montclair, New Jersey.

5 Employees
Last Reported Date: 03/25/14
Founded in 2003

fluoropharma medical inc (FPMI) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $343.8K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $110.0K
Compensation as of Fiscal Year 2013.

fluoropharma medical inc (FPMI) Key Developments

FluoroPharma Medical Deleted From OTCBB

FluoroPharma Medical, Inc.'s common shares has been deleted from OTC Bulletin Board effective July 17, 2014 on account of its ineligibility for quotation on OTCBB due to quoting inactivity under SEC Rule 15c2-11.

FluoroPharma Medical, Inc. and The General Hospital Corporation Entered into Two License Agreements

On June 26, 2014, FluoroPharma Medical, Inc. and The General Hospital Corporation, d/b/a Massachusetts General Hospital (MGH) entered into two license agreements which Agreements replace the single license agreement between the Company and MGH dated April 27, 2009, as amended by letter dated June 21, 2011 and agreement dated October 31, 2011. The Agreements provide exclusive licenses for two lead product candidates, BFPET and CardioPET, two of the three cardiac imaging technologies covered by the Original Agreement. The Company and MGH are in discussions regarding the exclusive license to VasoPET, the third product candidate covered by the Original Agreement, rights to which ceased upon the termination of the Original Agreement contemporaneously with the execution of the new Agreements. The Agreements were entered into primarily for the purpose of separating the Company's rights and obligations with respect to its different product development programs. Each of the Agreements requires to pay MGH an initial license fee of $175,000 and annual license maintenance fees aggregating $250,000. The Agreements require to meet certain obligations, including, but not limited to, meeting certain development milestones relating to clinical trials and filings with the United States Food and Drug Administration.

Fluoropharma Medical, Inc. Presents Data from Phase II Clinical Trial of 18F FCPHA

FluoroPharma Medical, Inc. announced that data and analysis from a feasibility study on the quantification of myocardial perfusion in humans by PET/CT utilizing the fatty acid analogue (18) F-FCPHA at the Society of Nuclear Medicine and Molecular Imaging Annual Meeting.


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