intelgenx technologies corp
(IGX:Venture)
intelgenx technologies corp (IGX) Snapshot
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Open
C$0.63
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Previous Close
C$0.65
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Day High
C$0.63
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Day Low
C$0.63
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52 Week High
10/16/12 - C$0.75
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52 Week Low
06/13/12 - C$0.47
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Market Cap
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Average Volume 10 Days
8.4K
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EPS TTM
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Shares Outstanding
0.0
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Dividend Yield
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IntelGenx Technologies Corp., a drug delivery company, engages in the development of novel oral immediate-release and controlled-release products for the pharmaceutical market. Its product portfolio comprises INT0001/2004 for coronary heart failure and hypertension; INT0004/2006, an antidepressant; INT0007/2006 for the treatment of erectile dysfunction; INT0008/2007 for the treatment of migraine; INT0020/2010 for the treatment of insomnia; INT0024/2010 for idiopathic pulmonary fibrosis; INT0028/2011 for cancer pain; INT0030/2011 for animal health; and INT0031/2012 for the treatment of benign prostatic hyperplasia, as well as INT0027/2011, an oral controlled-release film product. The company develops its products based on three delivery platform technologies, which consist of the Multilayer Tablet technology that allows for the development of oral controlled-release products; the Oral Film technology, which allows for the delivery of pharmaceuticals to the oral cavity; and the Mucoadhesive Tablet technology for the controlled release of active substances to the oral mucosa. It also provides product development services for the pharmaceutical industry, including the branded and generic pharmaceutical markets. The company has a strategic alliance with LTS Lohmann Therapie-Systeme AG to manufacture pharmaceutical products using VersaFilm drug delivery technology. IntelGenx Technologies Corp. also has a co-development and commercialization agreement with RedHill Biopharma Ltd. for the co-development and commercialization of INT0008/2007. IntelGenx Technologies Corp. was founded in 2003 and is based in Ville Saint Laurent, Canada.
intelgenx technologies corp (IGX) Top Compensated Officers
intelgenx technologies corp (IGX) Key Developments
IntelGenx Technologies Corp. reported earnings results for the first quarter ended March 31, 2013. Revenue of $0.2 million in the first quarter of 2013 consisted of $0.1 million of royalty income and $0.1 million of deferred license revenue, both related to Forfivo XL(TM). Revenue in the first quarter of 2012 was $0.1 million. The net loss decreased from $0.6 million in the first quarter of 2012 to $0.5 million in the first quarter of 2013. The loss per share was consistent at $0.01 in both the first quarters of 2012 and 2013.
IntelGenx Technologies Corp. announced that Rajiv Khosla RPh, PhD, MBA has been appointed Chief Operating Officer and Chief Scientific Officer of the company, effective immediately. Dr. Khosla has been a member of the Company's board of directors for the past two years and, in accordance with the employment agreement, has now relinquished his board position. Since the beginning of this year, Dr. Khosla has been a consulting member of the IntelGenx management team, assisting with strategic operations, business development activities and advising on current and future pharmaceutical project development.
IntelGenx Corp. announced that, together with its co-development partner RedHill Biopharma, it has submitted a 505(b)(2) New Drug Application to the U.S. Food and Drug Administration for the Company's anti-migraine oral film product, a novel oral thin-film formulation based on its proprietary VersaFilm(TM) technology containing Rizatriptan, the active drug in Merck's Maxalt-MLT(R) orally disintegrating tablets. The company had previously announced a successful a pre-NDA meeting with the FDA following the successful completion of a bioequivalency study demonstrating that its oral film product is bioequivalent with Maxalt MLT(R), a branded anti-migraine product manufactured by Merck & Co. According to Merck's most recent annual report, sales of Maxalt(R) were $638 million in 2012. The thin-film formulation of Rizatriptan has been developed in accordance with the co-development and commercialisation agreement with RedHill Biopharma Ltd. using IntelGenx' proprietary immediate release VersaFilm(TM) drug delivery technology. IntelGenx' orally disintegrating film consists of a thin (30 - 50 um) polymeric film which disintegrates rapidly upon oral administration, thereby releasing the active drug Rizatriptan and making it available for rapid absorption. The film does not require water for administration.
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Industry Analysis
IGX
Industry Average
| Valuation | IGX | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 25.5x |
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| Price/Book | 17.1x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 24.3x |
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To contact INTELGENX TECHNOLOGIES CORP, please visit www.intelgenx.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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