Inotek Pharmaceuticals Financial Review Potential Value Drivers and Drug Pipeline

NEW YORK, NY / ACCESSWIRE / April 4, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and micro-cap public companies is issuing a comprehensive report with no obligation on Inotek Pharmaceuticals Corporation (NASDAQ: ITEK). Inotek recently announced financial results and business progress for the fiscal year ended December 31, 2016, along with operational highlights for the company. Net loss was $42.9 million for the year ended December 31, 2016, compared to $68.0 million for the year ended December 31, 2015, which included $42.8 million in non-cash expenses.

The management confirmed that they intend to discuss full MATrX-1 data set with the US Food and Drug Administration in the first half of 2017 to determine next steps for the clinical development of the monotherapy program.

Inotek’s value drivers, pipeline and timelines are discussed in detail here READ MORE.

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It was further confirmed that a Phase 2 fixed-dose combination study of trabodenoson with latanoprost, addressing a considerably larger market opportunity than monotherapy, is fully enrolled now and the company expect to report top-line data in mid-2017. Based on the results of this trial, it will then determine next steps for the clinical development of this combination therapy.

Earnings review and a full comprehensive review of Inotek available here READ MORE.

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