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Post IPO Valuation

General Information


Cambridge, USA
167 Sidney Street
Cambridge, MA, 02139


Chief Executive Officer and President, Board of Directors
Chairman of the Board & Board of Directors
Vice President, Development Programs and Alliance Management
Vice President, Clinical Development
Board of Directors
Board of Directors
Board of Directors
Board of Directors
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TOTAL $53.8M
Venture Round, 1/2010
Merck KGaA
Venture Round, 11/2011
Post IPO Equity, 2/2014


Idera Pharmaceuticals

Idera Pharmaceuticals, Inc., a biotechnology company, discovers and develops DNA- and RNA-based drug candidates for the treatment of infectious diseases, autoimmune and inflammatory diseases, cancer, and asthma and allergies, and for use as vaccine adjuvants. The company designs and creates proprietary Toll-Like Receptors (TLR) to modulate immune responses, including TLR agonist, a compound that stimulates an immune response through the targeted TLR; and TLR antagonist, a compound that blocks activation of an immune response through the targeted TLR. Its drug candidates include IMO-2125, a TLR9 agonist, which is in Phase 1 clinical trial for hepatitis C virus infection; and TLR7, 8, and 9 agonists that are in research stage for viral diseases. The company also develops IMO-3100, a dual TLR7/TLR9 antagonist, which is in preclinical development stage for autoimmune and inflammatory diseases, such as lupus, rheumatoid arthritis, multiple sclerosis, psoriasis, and colitis. In addition, its drug candidates also comprise TLR7 and TLR8 agonists that are in research stage for solid tumor cancers. The company has a licensing and collaboration agreement with Merck KGaA to research, develop, and commercialize TLR9 agonists for the treatment of cancer, excluding cancer vaccines; a license and research collaboration agreement with Merck & Co., Inc. to research, develop, and commercialize therapeutic and prophylactic vaccine products containing its TLR7, 8, and 9 agonists in the fields of cancer, infectious diseases, and Alzheimer’s disease; and a research collaboration and option agreement, and a license, development, and commercialization agreement with Novartis International Pharmaceutical, Ltd. to discover, develop, and commercialize TLR9 agonists for the treatment of asthma and allergies. The company was founded in 1989 and is based in Cambridge, Massachusetts.

Recent Milestones



Idera Pharmaceuticals screenshot
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Uploaded: 1/20/10

Stock Price


  1. Idera nets $4.3M milestone pay from Merck ( [edit]
  2. Idera raises $9.5M from stock offering ( [edit]
  3. Idera Pharmaceuticals Announces Closing of Public Offering of Common Stock and Pre-Funded Warrants ( [edit]
  4. Idera to net $3.8M milestone pay from Merck ( [edit]
    Struggling Idera Pharmaceuticals raises $7M ( [edit]
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Last Edited 2/25/14

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