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$EBIO gap Pr $2.48 Nasdaq GM Eleven Biotherape

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Post# of 175
Posted On: 07/10/2016 11:29:27 AM
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Posted By: PoemStone
$EBIO gap Pr $2.48
Nasdaq GM

Eleven Biotherapeutics (EBIO)
Stock Skyrocketing on Eye Disease Treatment


Website
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Low Float
Shares Outstanding: 19.96M
Float: 5.56M

% Held by Insiders: 12.73%
% Held by Institutions: 73.60%
Shares Short (as of Jun 15, 2016): 1.42M
Short Ratio (as of Jun 15, 2016): 0.33
Short % of Float (as of Jun 15, 2016): 12.78%
Shares Short (prior month): 1.29M


Headlines

Eleven Biotherapeutics, Inc., a biopharmaceutical company, engages in the discovery and development of protein therapeutics to treat eye diseases primarily in the United States. The company develops its therapeutics through AMP-Rx, a proprietary protein engineering platform. Its lead product candidate is EBI-005, which has completed Phase III clinical trials for the treatment of patients with dry eye disease and allergic conjunctivitis. The company is also developing EBI-031 that is in preclinical development to treat diabetic macular edema; and a product candidate as an intravitreal injection for the treatment of certain retinal diseases, such as wet age-related macular degeneration. Eleven Biotherapeutics, Inc. has a collaboration and license agreement with ThromboGenics N.V. to identify protein or peptide therapeutics that directly modulate any of a specified set of targets in a novel pathway in retinal disease. The company was founded in 2008 and is based in Cambridge, Massachusetts.

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