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Thursday, November 26, 2009, 12:26PM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
Idera Pharmaceuticals, Inc. (IDRA)On Nov 25: 4.89  Down 0.11 (2.20%)  
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Idera Pharmaceuticals, Inc.
167 Sidney Street
Cambridge, MA 02139
United States - Map
Phone: 617-679-5500
Fax: 617-679-5592
Web Site: http://www.iderapharma.com

DETAILS 
Index Membership:N/A
Sector:Healthcare
Industry:Biotechnology
Full Time Employees:37

BUSINESS SUMMARY 
Idera Pharmaceuticals, Inc., a biotechnology company, discovers and develops DNA- and RNA-based drug candidates for the treatment of infectious diseases, autoimmune and inflammatory diseases, cancer, and asthma and allergies, and for use as vaccine adjuvants. The company designs and creates proprietary Toll-Like Receptors (TLR) to modulate immune responses, including TLR agonist, a compound that stimulates an immune response through the targeted TLR; and TLR antagonist, a compound that blocks activation of an immune response through the targeted TLR. Its drug candidates include IMO-2125, a TLR9 agonist, which is in Phase 1 clinical trial for hepatitis C virus infection; and TLR7, 8, and 9 agonists that are in research stage for viral diseases. The company also develops IMO-3100, a dual TLR7/TLR9 antagonist, which is in preclinical development stage for autoimmune and inflammatory diseases, such as lupus, rheumatoid arthritis, multiple sclerosis, psoriasis, and colitis. In addition, its drug candidates also comprise TLR7 and TLR8 agonists that are in research stage for solid tumor cancers. The company has a licensing and collaboration agreement with Merck KGaA to research, develop, and commercialize TLR9 agonists for the treatment of cancer, excluding cancer vaccines; a license and research collaboration agreement with Merck & Co., Inc. to research, develop, and commercialize therapeutic and prophylactic vaccine products containing its TLR7, 8, and 9 agonists in the fields of cancer, infectious diseases, and Alzheimer’s disease; and a research collaboration and option agreement, and a license, development, and commercialization agreement with Novartis International Pharmaceutical, Ltd. to discover, develop, and commercialize TLR9 agonists for the treatment of asthma and allergies. The company was founded in 1989 and is based in Cambridge, Massachusetts.
Key Statistics

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    CORPORATE GOVERNANCE 
    Idera Pharmaceuticals, Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 60.4% of Russell 3000 companies and 65.4% of Pharmaceuticals, Biotechnology & Life Sciences companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Dr. Sudhir Agrawal D. Phil, 55
    Chief Exec. Officer, Pres, Chief Scientific Officer
    $ 825.00K $ 961.00K
    Mr. Louis J. Arcudi III, 48
    Chief Financial Officer, Principal Accounting Officer, Sec. and Treasurer
    $ 340.00KN/A
    Dr. Robert W. Karr M.D., 60
    Consultant
    N/A N/A
    Dr. Timothy M. Sullivan Ph.D, 55
    VP of Devel. Programs
    $ 320.00KN/A
    Dr. Alice S. Bexon MBChB, 39
    VP of Clinical Devel.
    $ 277.00K $ 53.00K
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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