IGXT IntelGenx Technologies Corp. featured news, full reports, and detailed charts
IntelGenx Technologies Corp. (IGXT/IGXT.OB) Wrap Up:
IntelGenx Technologies Corp., a drug delivery company, focuses on the development of orally administered drug delivery systems based on its proprietary oral drug delivery technologies in the United States. It provides product development services for the pharmaceutical industry, including the branded and generic pharmaceutical markets. The company also develops products based upon three delivery platform technologies, including the Tri-Layer Tablet technology that allows for the development of oral controlled release products; the Quick Release Wafer technology, which allows for the instant delivery of pharmaceuticals to the oral cavity; and the Mucoadhesive Tablet that allows for the contro...IntelGenx Technologies Corp (IGXT:OTC Bulletin Board Market)
Snapshot of IntelGenx Technologies Corp (IGXT)
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OPEN
$0.60
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PREVIOUS CLOSE
$0.60
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DAY HIGH
$0.60
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DAY LOW
$0.60
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52 WEEK HIGH
07/23/09 - $0.95
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52 WEEK LOW
03/24/09 - $0.25
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MARKET CAP
19.8M
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AVERAGE VOLUME 3 mo
9.7K
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DILUTED EPS TTM
$-0.07
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SHARES OUTSTANDING
33.1M
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IGXT Does Not Pay Dividends
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P/E TTM
NM
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IGXT Top Compensated Officers
Executives, Board Directors
Key developments for IntelGenx Technologies Corp (IGXT)
To update shareholders on the company’s CPI-300 product and remark on related legal proceedings
IntelGenx Technologies Corp., Annual General Meeting, Oct 05, 2009, at 10:00 US Eastern Time. Location: 6425 Abrams, Ville St-Laurent, Quebec H4S 1X9,Canada. Agenda: To elect four directors to the company's Board of Directors to serve until the next annual meeting of shareholders of the company and until their successors are duly elected and qualified; to ratify the appointment of RSM Richter LLP as the company's independent registered public accountants for the 2009 fiscal year; and to consider and transact such other business as may properly come before the annual meeting and any adjournments thereof .
IntelGenx Technologies Corp. announced that the New Drug Application (NDA) filing for the antidepressant CPI-300, which it developed with Cary Pharmaceuticals had been accepted by the U.S. Food and Drug Administration (FDA) for standard review. CPI-300 is a novel, high strength of Bupropion HCl, the active ingredient in Wellbutrin XL®. As required in connection with the filing of the NDA, IntelGenx’s development partner Cary Pharma, which serves as the NDA applicant, provided notice of the NDA filing to Biovail Laboratories SLR (Biovail) which holds the patent for Wellbutrin XL. In such notice, Cary Pharma contended that CPI-300 would not infringe Biovail’s patents. On August 18, 2009, IntelGenx learned that Cary Pharma was named in a lawsuit filed by Biovail in the U.S. District Court for the District of Delaware for patent infringement under the provisions of the Drug Price Competition and Patent Term Restoration Act of 1984, known as the 'Hatch-Waxman Act,' with respect to Biovail’s U.S. Patent No. 6,096,341. Pursuant to the Hatch-Waxman Act, the filing of the patent infringement lawsuit against Cary Pharma by Biovail instituted an automatic stay of any FDA approval of the NDA until the earlier of a judgment or January 3, 2012.
IGXT Competitors
| Company | Last | Change |
| Biovail Corporation | C$15.25 CAD | +0.36 |
| Flamel Technologies SA | $7.48 USD | +0.12 |
| Labopharm Inc | C$1.51 CAD | +0.05 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | IGXT | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 10.4x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 15.4x |
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IGXT |
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IGXT transactions
| Type Date |
Target |
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Private Placement
September 3, 2009 |
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Private Placement
July 22, 2009 |
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Private Placement
July 13, 2009 |
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