LPTN Lpath Inc. featured news, full reports, and detailed charts
Lpath Inc. (LPTN/LPTN.OB) Wrap Up:
Lpath, Inc., a biotechnology company, focuses on the discovery and development of lipidomic-based therapeutics that targets bioactive signaling lipids to treat human diseases. The company’s lead product includes ASONEP, which is in Phase I clinical trials, is a humanized monoclonal antibody against sphingosine-1-phosphate for the treatment of cancer and multiple sclerosis, as well as other angiogenic-related diseases and inflammatory-oriented indications. Its products also comprise iSONEP, the ocular formulation of Sonepcizumab for the treatment of age-related macular degeneration, retinopathy, and glaucoma; and Lpathomab, a monoclonal antibody against lysophosphatidic acid for the treatment...Lpath Inc. (LPTN:OTC Bulletin Board Market)
Snapshot of Lpath Inc. (LPTN)
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OPEN
$0.80
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PREVIOUS CLOSE
$0.85
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DAY HIGH
$0.80
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DAY LOW
$0.80
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52 WEEK HIGH
06/26/09 - $1.47
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52 WEEK LOW
03/17/09 - $0.40
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MARKET CAP
42.4M
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AVERAGE VOLUME 3 mo
18.2K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
53.0M
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LPTN Does Not Pay Dividends
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P/E TTM
NM
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LPTN Top Compensated Officers
Executives, Board Directors
Key developments for Lpath Inc. (LPTN)
Lpath Inc. expected to Report Fiscal Year 2009 Results on February 8, 2010. This event was calculated by Capital IQ (Created on November 13, 2009).
To present the recent clinical results from iSONEP(TM)
Lpath Inc. reported positive summary results of its single-dose Phase 1 clinical trial of iSONEP(TM) in wet-AMD patients. iSONEP met its primary endpoint of being well tolerated in all 15 patients at dose-levels ranging from 0.2 mg. to 1.8 mg. per intravitreal injection (three patients per dose level). No drug-related serious adverse events were reported in any of the patients. iSONEP also succeeded in meeting a key secondary endpoint in that a positive biological effect was observed in an encouraging number of patients. Most of these positive effects appear to be largely independent of the effects seen when wet-AMD patients undergo treatment with Lucentis(R) or with off-label use of Avastin(R), the predominant market leaders. Due to the small sample size, all biological effects described above and below can only be characterized as correlative at this time; no causal relationship has yet been established, statistically or otherwise.
LPTN Competitors
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Industry Analysis
| Valuation | LPTN | Industry Range |
| Price/Earnings | 19.9x |
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| Price/Sales | 3.5x |
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| Price/Book | 21.4x |
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| Price/Cash Flow | 18.9x |
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| TEV/Sales | 2.9x |
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LPTN transactions
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| No transactions in the last 6 months. | ||
