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CPRX Catalyst Pharmaceutical Partners, Inc., featured news, full reports, and detailed CPRX.O charts.

Catalyst Pharmaceutical Partners, Inc. (CPRX) Wrap Up:

We are a biopharmaceutical company focused on the development and commercialization of prescription drugs for the treatment of addiction. Our initial product candidate is CPP-109, which is our version of the chemical compound gamma-vinyl-GABA, commonly referred to as vigabatrin. We are currently conducting a clinical study of CPP-109 for use in the treatment of cocaine addiction, and we intend to conduct clinical studies of CPP-109 for use in the treatment of methamphetamine addiction. We also believe that CPP-109 has the potential to treat other addictions, including addictions to nicotine, prescription pain medications, alcohol, and marijuana, as well as obsessive-compulsive disorders such as obesity and compulsive gambling. We intend to develop CPP-109 to treat other forms of addiction, such as those described above, subject to the availability of funding for such purposes. We have initiated a randomized, double-blind, placebo-controlled U.S.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f25%2f0000950144-08-002272.html#FIS_BUSINESS"   
www.catalystpharma.com
7 Employees
Founded in 2002

Catalyst Pharmaceutical Partners Inc. (CPRX:NASDAQ)

LAST $0.70 USD
CHANGE TODAY +0.0298 4.45%
VOLUME 12.6K
As of 3:55 PM 11/6/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Catalyst Pharmaceutical Partners Inc. (CPRX)

OPEN
$0.68
PREVIOUS CLOSE
$0.67
DAY HIGH
$0.70
DAY LOW
$0.65
52 WEEK HIGH
01/20/09 - $2.84
52 WEEK LOW
07/23/09 - $0.39
MARKET CAP
12.6M
AVERAGE VOLUME 3 mo
50.4K
DILUTED EPS TTM
$-0.83
SHARES OUTSTANDING
18.0M
CPRX Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

CPRX Details

Catalyst Pharmaceutical Partners, Inc., a development-stage biopharmaceutical company, focuses on the acquisition, development, and commercialization of prescription drugs for the treatment of drug addiction and obsessive-compulsive disorders. Its products include CPP-109, a chemical compound gamma-vinyl-GABA/vigabatrin, a Phase II clinical trial product for the treatment of cocaine addiction. The company also conducts a Phase II clinical trial of CPP-109 to evaluate its use in the treatment of methamphetamine addiction. In addition, it has a license agreement with Brookhaven Science Associates, LLC on various patents and patent applications relating to the use of vigabatrin as a treatment for cocaine and other addictions. Catalyst Pharmaceutical Partners, Inc. was founded in 2002 and is based in Coral Gables, Florida.

CPRX Top Compensated Officers

Mr. Patrick J. McEnany
Co-Founder, Chairman, Chief Executive Officer...
Age: 61
Total Annual Compensation: $326.9K
Mr. Jack Weinstein
Chief Financial Officer, Vice President and T...
Age: 53
Total Annual Compensation: $207.6K
Dr. Steven R. Miller Ph.D.
Chief Scientific Officer and Vice President o...
Age: 47
Total Annual Compensation: $186.8K
Ms. Alicia Grande CPA, CMA
Chief Accounting Officer and Corporate Contro...
Age: 38
Total Annual Compensation: $132.9K
Mr. M. Douglas Winship
Vice President of Regulatory Operations
Age: 59
Total Annual Compensation: $186.8K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Catalyst Pharmaceutical Partners Inc. (CPRX)

Catalyst Pharmaceutical Partners Inc. Assumes Expanded Responsibilities to Executive and Management Team

Catalyst Pharmaceutical Partners Inc. announced two organizational changes. The company announced that Steven R. Miller, Ph.D. and Jack Weinstein will assume expanded responsibilities: Dr. Miller, currently company's Vice President, Pharmaceutical Development and Project Management, will assume additional duties as company's Chief Scientific Officer; and Mr. Weinstein, currently company's Vice President, Treasurer and Chief Financial Officer, will assume formal responsibility for company's business development activities.

Catalyst Pharmaceutical Partners Inc. Continues Clinical Development of CPP-109

Catalyst Pharmaceutical Partners Inc. announced that the Company will continue to develop CPP-109 (Catalyst's version of vigabatrin) for the treatment of cocaine and methamphetamine addiction. The company's decision was made after, and based upon, an in-depth review of the results obtained from its 186-patient Phase II clinical trial evaluating the use of CPP-109 for the treatment of cocaine addiction (CPP-01004) and the top-line results obtained from its 57-patient proof-of-concept study evaluating the use of CPP-109 for the treatment of methamphetamine addiction (CPP-02001). Catalyst's decision to continue the development of the drug for both indications was supported by a panel of experts who recently met and agreed with the Company's conclusion that there was sufficient evidence of safety and efficacy to justify further development of CPP-109, based upon these trial data and previously published studies of vigabatrin to treat addiction.

Catalyst Pharmaceutical Partners Continues Clinical Development of CPP-109 For The Treatment of Cocaine and Methamphetamine Addiction

Catalyst Pharmaceutical Partners Inc. announced that the Company will continue to develop CPP-109 (Catalyst's version of vigabatrin) for the treatment of cocaine and methamphetamine addiction. The Company's decision was made after, and based upon, an in-depth review of the results obtained from its 186-patient Phase II clinical trial evaluating the use of CPP-109 for the treatment of cocaine addiction (CPP-01004) and the top-line results obtained from its 57-patient proof-of-concept study evaluating the use of CPP-109 for the treatment of methamphetamine addiction (CPP-02001). Catalyst's decision to continue the development of the drug for both indications was supported by a panel of experts who recently met and agreed with the Company's conclusion that there was sufficient evidence of safety and efficacy to justify further development of CPP-109, based upon these trial data and previously published studies of vigabatrin to treat addiction. After post-hoc analyses of vigabatrin levels in urine samples collected during the study, Catalyst concluded that less than 40% of the trial subjects were medication compliant. As a result, the study was inadequately powered to test the protocol-specified efficacy hypotheses. On the basis of a comprehensive review of all study data, however, it was concluded that: (i) CPP-109 was safe and well tolerated; and (ii) while there were no statistically significant differences between active and placebo groups for the protocol-specified primary and secondary efficacy endpoints, there were positive and consistent data trends observed in favor of CPP-109 across measures of cocaine abstinence, reduction in use, and reduction in use days.

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CPRX Competitors

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Industry Analysis

Valuation CPRX Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 1.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful

CPRX

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CPRX transactions

Type
Date
Target
Private Placement
October 1, 2009
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