Concert Pharmaceuticals, Inc. (CNCE)

conpharmaConcert Pharmaceuticals, Inc. is a clinical stage biopharmaceutical company that focuses on developing and manufacturing novel medicines by applying the company’s proprietary Deuterated Chemical Entity (DCE) Platform to compounds that have well-characterized pharmacological activity. This type of approach may enable less costly and more efficient drug discovery and clinical development compared to conventional small molecule drug research and development.

With the application of Concert’s extensive knowledge of deuterium chemistry, the company is focusing on the discovery and development of novel small molecule drugs. Their approach begins with systematically identifying approved drugs, advanced clinical candidates, or compounds that have the potential for improvement through deuterium substitution.

Unlike traditional drug discovery methods that have high failure rates, the company’s approach allows for better metabolic properties or better pharmacokinetics, thus enhancing clinical safety, efficacy, and tolerability for improved metabolic profile, bioavailability, and half-life. The company prioritizes candidate compounds according to medical needs, competitive and patent landscapes, commercial opportunity, and strategic fit.

Concert Pharmaceuticals, Inc. has executed on this particular approach in order to become a clinical stage biotechnology company. The company is developing a robust product candidate pipeline in various therapeutic areas. The company’s product candidates include CTP-499 for diabetic nephropathy, CTP-354 for spasticity associated with SCI and MS, AVP-786 for neurologic and psychiatric disorders, CTP-730 for inflammatory diseases, JZP-386 for narcolepsy, C-10068 for pain and seizures, and Deuterated Ivacaftor for CF and COPD.

Concert Pharmaceuticals, Inc. is traded in the OTC markets under the stock symbol CNCE. The company has developed the DCE Platform that consists of proprietary knowledge, information, and techniques that they have developed over the past 7 years. The company has a significant experience in pharmaceutical research and development and deuterium chemistry to product candidates that are optimally deuterated.


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Latest Financial News for CNCE

Concert Pharmaceuticals Initiates CTP-692 Phase 2 Trial in Schizophrenia

Concert Pharmaceuticals, Inc. (CNCE) today announced the initiation of a Phase 2 clinical trial evaluating CTP-692 as an adjunctive treatment for schizophrenia. CTP-692 is a deuterated form of D-serine, an endogenous amino acid that is a co-agonist of the NMDA receptor. NMDA is believed to play a key role in schizophrenia.

Concert Pharmaceuticals to Present at Upcoming Investor Conferences

Concert Pharmaceuticals, Inc. today announced that it will participate at the following upcoming investor conferences:

Should You Worry About Concert Pharmaceuticals, Inc.'s (NASDAQ:CNCE) CEO Salary Level?

Roger Tung has been the CEO of Concert Pharmaceuticals, Inc. (NASDAQ:CNCE) since 2006. First, this article will...

Concert Pharmaceuticals (CNCE) Reports Q3 Loss, Misses Revenue Estimates

Concert (CNCE) delivered earnings and revenue surprises of 15.29% and -97.14%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?