XNAS
SPRO
Market cap67mUSD
Oct 08, Last price
1.14USD
1D
-2.56%
1Q
-45.71%
IPO
-90.14%
Name
Spero Therapeutics Inc
Chart & performance
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Profile
Spero Therapeutics, Inc. is a biopharmaceutical firm in the clinical development stage, primarily focused on discovering, advancing, and commercializing innovative treatments for multi-drug resistant (MDR) bacterial infections and rare diseases within the United States. The company's pipeline includes several key therapeutic candidates: tebipenem pivoxil hydrobromide (HBr), an oral carbapenem-class antibiotic designed to address complicated urinary tract infections (cUTIs), including pyelonephritis, in adult patients. SPR206, an intravenously administered agent specifically developed to combat MDR Gram-negative bacterial infections in hospital environments. SPR720, an oral antibiotic targeting non-tuberculous mycobacterial (NTM) pulmonary disease. Spero Therapeutics has also forged several strategic alliances: A licensing agreement with Meiji Seika Pharma Co., Ltd. supports the ongoing development of tebipenem HBr. A separate licensing deal with Everest Medicines grants rights for the development, manufacturing, and commercialization of SPR206 across Greater China, South Korea, and various Southeast Asian nations. The company collaborates with the Bill & Melinda Gates Medical Research Institute to advance SPR720 for treating lung infections caused by Mycobacterium tuberculosis. Furthermore, a licensing agreement with Vertex Pharmaceuticals Incorporated covers patents associated with SPR720 and its active metabolite, SPR719. Founded in 2013, Spero Therapeutics maintains its corporate headquarters in Cambridge, Massachusetts.
Key people
Milind S. Deshpande
Independent Chairman of the Board · since 2014
Cristina Larkin
Chief Operating Officer and Chief Commercial Officer · since 2017
Timothy Keutzer
Senior Vice President - Development · since 2017
Thomas R. Parr
Chief Scientific Officer · since 2014
Jean-François Formela
Independent Director · since 2013
John C. Pottage
Independent Director · since 2018
Independent Director · since 2015
Legal address
C/O The Corporation Trust Company
Corporation Trust Center
1209 Orange Street
Wilmington, DE 19801
US
Corporation Trust Center
1209 Orange Street
Wilmington, DE 19801
US
Headquarters
14th Floor
675 Massachusetts Avenue
Cambridge, MA 02139
US
675 Massachusetts Avenue
Cambridge, MA 02139
US
Valuation
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