Paratek Announces Inducement Grants under NASDAQ Listing Rule 5635(c)(4)
The stock options are subject to the terms and conditions of the Paratek Pharmaceuticals, Inc. 2017 Inducement Plan, as amended, and the terms and conditions of the stock option agreement covering each grant.
- The stock options are subject to the terms and conditions of the Paratek Pharmaceuticals, Inc. 2017 Inducement Plan, as amended, and the terms and conditions of the stock option agreement covering each grant.
- Paratek is also conducting a Phase 2b Study in a rare disease, nontuberculous mycobacterial (NTM) pulmonary disease, caused by Mycobacterium abscessus complex with NUZYRA.
- Paratek estimates this opportunity represents a potential $1 billion addressable market in the United States.
- Paratek retains the development and commercialization rights for sarecycline in the rest of the world.