Name | Value |
---|---|
Revenues | 980.0K |
Cost of Revenue | 8,259.0K |
Gross Profit | -7,279.0K |
Operating Expense | 3,686.0K |
Operating I/L | -9,629.0K |
Other Income/Expense | 6,082.0K |
Interest Income | 46.0K |
Pretax | -3,547.0K |
Income Tax Expense | 0.0K |
Net Income/Loss | -3,547.0K |
Aerpio Pharmaceuticals Inc. is a biopharmaceutical company specializing in the research and development of treatments for ocular diseases. With a focus on developing innovative therapies, the company's lead product candidate, AKB-9778, is a small molecule activator of the Tie-2 pathway designed for the treatment of diabetic retinopathy. Additionally, the company's pipeline includes AKB-4924, a selective stabilizer of hypoxia-inducible factor-1 alpha for inflammatory bowel disease, and ARP-1536, a humanized monoclonal antibody targeting the same pathway as AKB-9778. Aerpio Pharmaceuticals generates revenue through the development and potential commercialization of these ocular disease treatments.