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COR Cortex Pharmaceuticals Inc. featured news, full reports, and detailed charts

Cortex Pharmaceuticals Inc. (COR) Wrap Up:

Cortex Pharmaceuticals, Inc. engages in the discovery, development, and commercialization of pharmaceuticals for the treatment of neurological and psychiatric disorders. The company develops AMPAKINE compounds for the treatment of Alzheimer?s disease, mild cognitive impairment, attention deficit hyperactivity disorder, schizophrenia, depression, respiratory depression caused by opiate analgesics, and possibly sleep apnea. Its low impact AMPAKINE compounds include CX717 and CX1739, which are in phase II clinical development stage; and high impact compounds include CX929 for Huntington?s disease patients. The company has a research collaboration and exclusive worldwide license agreement with NV Organon to develop and commercialize its AMPAKINE technology for the treatment of schizophrenia and depression. Cortex Pharmaceuticals, Inc. was founded in 1987 and is based in Irvine, California.
www.cortexpharm.com
27 Employees
Founded in 1987

Cortex Pharmaceuticals Inc. (COR:AMEX)

LAST $0.15 USD
CHANGE TODAY +0.004 2.66%
VOLUME 326.5K
As of 3:58 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Cortex Pharmaceuticals Inc. (COR)

OPEN
$0.15
PREVIOUS CLOSE
$0.15
DAY HIGH
$0.16
DAY LOW
$0.14
52 WEEK HIGH
12/5/08 - $0.81
52 WEEK LOW
11/20/09 - $0.14
MARKET CAP
10.6M
AVERAGE VOLUME 3 mo
336.8K
DILUTED EPS TTM
$-0.25
SHARES OUTSTANDING
68.4M
COR Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

COR Top Compensated Officers

Dr. Mark Varney Ph.D.
Chief Executive Officer, President, Director ...
Age: 42
Total Annual Compensation: $347.3K
Dr. Roger G. Stoll Ph.D.
Executive Chairman
Age: 65
Total Annual Compensation: $370.0K
Ms. Maria S. Messinger CPA
Chief Financial Officer, Principal Accounting...
Age: 42
Total Annual Compensation: $243.0K
Dr. Pierre V. Trān M.D., M.M.M.
Chief Medical Officer and Vice President of C...
Age: 49
Total Annual Compensation: $305.0K
Mr. James H. Coleman
Senior Vice President of Business Development
Age: 68
Total Annual Compensation: $250.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Cortex Pharmaceuticals Inc. (COR)

Cortex Pharmaceuticals Inc. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009

Cortex Pharmaceuticals Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2009. The company reported a net loss applicable to common stock of $3,243,000 or $0.06 per share for the quarter ended September 30, 2009 compared with a net loss applicable to common stock of $3,148,000 or $0.07 per share for the corresponding prior year period. The company reported loss from operations of $1,729,000 compared to $3,231,000 for the same period a year ago. For the nine months ended September 30, 2009, the company reported a net loss applicable to common stock of $9,189,000 or $0.18 per share compared to a net loss applicable to common stock of $11,466,000 or $0.24 per share for the corresponding prior year period. Non-cash charges for the nine months ended September 30, 2009 and 2008 approximated $2,803,000 and $1 063,000, respectively. The company reported loss from operations of $6,860,000 compared to $11,866,000 for the same period a year ago.

Cortex Pharmaceuticals Inc. expected to Report Q3 2009 Results on November 9, 2009. This event was calculated by Capital IQ (Created on November 5, 2009).

Cortex Pharmaceuticals Inc. expected to Report Q3 2009 Results on November 9, 2009. This event was calculated by Capital IQ (Created on November 5, 2009).

Cortex Pharmaceuticals Inc. to Amend Restated Certificate of Incorporation

Cortex Pharmaceuticals Inc. announced that at its EGM on November 23, 2009, the shareholders will consider the approval of an amendment to the company's restated certificate of Incorporation to increase the authorized number of shares of the company's common stock from 105,000,000 to 205,000,000, which is critical for financing the continuing operations of the company, as well as potential corporate partnering arrangements that may include an equity position in the company as part of such agreement.

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COR Competitors

Company Last Change
Nymox Pharmaceutical Corp $4.95 USD +0.05
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Industry Analysis

Valuation COR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful

COR

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COR transactions

Type
Date
Target
Private Placement
July 29, 2009
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