GlobeImmune Inc (PK:GBIM)
Business Focus: Bio Therapeutic Drugs
| Sector: Healthcare | Industry: Biotechnology & Medical Research |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1450 Infinite Drive LOUISVILLE CO 80027 |
| Tel: | 1-212-966-3650 |
| Website: | https://globeimmune.com |
| IR: | See website |
| Key People | ||
| Timothy C. Rodell President, Chief Executive Officer, Director | C. Jeffrey Jeffrey Dekker Vice President - Finance, Treasurer, Secretary | |
| Business Overview |
| GlobeImmune Inc. is a biopharmaceutical company. The Company is focused on developing products for the treatment of cancer and infectious diseases based on its Tarmogen platform. The Company's Tarmogen platform activates the immune system by stimulating a subset of white blood cells called T cells that destroy infected or malignant cells in contrast to traditional vaccines, which predominately stimulate antibody production. Tarmogens also reduce the number and function of regulatory T cells, thus further enabling the antigen-specific cellular immune response. It has over two Tarmogen product candidates in clinical evaluation for infectious disease and multiple cancer indications. The Company's oncology product candidates include GI-6301, GI-6207 and GI-4000. The Company's infectious disease product candidates include GS-4774, GI-19000, GI-2010 and GI-18000. |
| Financial Overview |
| For the three months ended 31 March 2016, GlobeImmune Inc revenues decreased 21% to $943K. Net loss decreased 45% to $862K. Revenues reflect Manufacturing services decrease from $161K to $0K, Collaboration license and services decrease of 8% to $943K. Lower net loss reflects Costs of collaboration license and servi decrease of 44% to $515K (expense), General and administrative decrease of 22% to $933K (expense). |
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