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Monday, December 7, 2009, 12:53PM ET - U.S. Markets close in 3 hours and 7 minutes. Dow Up 0.41% Nasdaq Up 0.13%
Inspire Pharmaceuticals, Inc. (ISPH)At 12:37PM ET: 5.935  Down 0.005 (0.08%)  
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Inspire Pharmaceuticals, Inc.
4222 Emperor Boulevard
Suite 200
Durham, NC 27703
United States - Map
Phone: 919-941-9777
Fax: 919-941-9797
Web Site: http://www.inspirepharm.com

DETAILS 
Index Membership:N/A
Sector:Healthcare
Industry:Drug Manufacturers - Other
Full Time Employees:250

BUSINESS SUMMARY 
Inspire Pharmaceuticals, Inc., a biopharmaceutical company, engages in researching, developing, and commercializing prescription pharmaceutical products for ophthalmic and pulmonary diseases. The company offers AzaSite, an azithromycin ophthalmic solution and topical anti-infective; Elestat, an epinastine HCl ophthalmic solution and topical antihistamine for the prevention of ocular itching associated with allergic conjunctivitis; and Restasis, a cyclosporine ophthalmic emulsion for the treatment of dry eye disease in adults and children in the United States. Its product candidates in clinical development include Prolacria, a diquafosol tetrasodium for the treatment of dry eye disease in phase III; denufosol tetrasodium, an inhaled product for the treatment of cystic fibrosis in phase III; AzaSite for the treatment of blepharitis, which is in phase II; and INS115644 and INS117548, which are in phase I clinical trial for the treatment of glaucoma or ocular hypertension. The company has a joint license agreement with Allergan, Inc. to develop and commercialize Prolacria; a license agreement with InSite Vision Incorporated to commercialize AzaSite, as well as other topical anti-infective products containing azithromycin used in the treatment of human ocular or ophthalmic indications primarily in the U.S. and Canada; and a development, license, and supply agreement with Santen Pharmaceutical Co., Ltd. for the development of diquafosol tetrasodium for the therapeutic treatment of ocular surface diseases in Asia. Inspire Pharmaceuticals was founded in 1993 and is based in Durham, North Carolina.
Key Statistics

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    CORPORATE GOVERNANCE 
    Inspire Pharmaceuticals, Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 63.5% of Russell 3000 companies and 68.9% of Pharmaceuticals, Biotechnology & Life Sciences companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Dr. Christy Shaffer Ph.D., 51
    Chief Exec. Officer, Pres, Director and Member of Devel. Committee
    $ 651.00K $ 0
    Mr. Thomas R. Staab II, CPA., 41
    Chief Financial Officer, Principal Accounting Officer, Exec. VP and Treasurer
    $ 394.00K $ 0
    Mr. Joseph K. Schachle , 44
    Chief of Commercial & Corp. Operations and Exec. VP
    $ 406.00K $ 0
    Dr. Benjamin R. Yerxa Ph.D., 43
    Chief Scientific Officer, Chief of R&D and Exec. VP
    $ 424.00K $ 106.00K
    Mr. Joseph M. Spagnardi , 46
    Sr. VP, Sec. and Gen. Counsel
    $ 365.00K $ 0
    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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