ARPO Stock - Aerpio Pharmaceuticals, Inc.
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Financial Statements
| Metric | FY2024 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Revenue | $25.98M | $5.51M | $4.47M | $823,000 | N/A |
| Gross Profit | N/A | $-29,509,000 | $-15,541,000 | $-13,621,000 | $-8,324,000 |
| Gross Margin | 0.0% | -535.7% | -347.4% | -1655.0% | N/A |
| Operating Income | $-67,458,000 | $-36,946,000 | $-23,822,000 | $-21,587,000 | $-17,989,000 |
| Net Income | $-63,691,000 | $-36,917,000 | $-23,155,000 | $-22,181,000 | $-19,479,000 |
| Net Margin | -245.1% | -670.2% | -517.5% | -2695.1% | N/A |
| EPS | $-2.36 | $-1.08 | $-0.96 | $-1.35 | $-2.43 |
Aerpio Pharmaceuticals Inc. is a biopharmaceutical company, which engages in the research and development of treatments for ocular diseases. The company is headquartered in Blue Ash, Ohio and currently employs 27 full-time employees. The firm is focused on developing treatments for ocular disease. Its lead product candidate is AKB-9778. Its other two pipeline programs include AKB-4924 and ARP-1536. AKB-9778 is a small molecule activator of the Tie-2 pathway, which is being developed for the treatment of diabetic retinopathy (DR). AKB-4924 is a selective stabilizer of hypoxia-inducible factor-1 alpha (HIF-1alpha), which is being developed for the treatment of inflammatory bowel disease (IBD). ARP-1536 is a humanized monoclonal antibody directed at the same target as AKB-9778. ARP-1536 binds the extracellular domain of vascular endothelial protein tyrosine phosphatase (VE-PTP) inhibiting its ability to interact with Tie-2. As of April 14, 2017, the Company had completed a Phase II trial of AKB-9778 in 144 patients with diabetic macular edema. As of April 14, 2017, the Company had completed Phase Ia clinical trial in healthy volunteers for AKB-4924.
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