The company, which went public in April, reports a drop in revenue and an increase in expenses. But stock rallies 4 percent on the news.
Updated December 10, 2012
Finding the right chemistry is crucial to biotech deals, as two major life science partnerships in the Triangle have shown this year: GSK and Liquidia; Merck and Chimerix.
November 12, 2012
Dr. Michelle Berrey, MD, joins the firm from Pharmasset where she also served as CMO. Pharmasset was acquired by Gilead Sciences earlier this year.
July 25, 2012
In exchange for exclusive worldwide license and funding the drug development and commercialization costs, Merck will pay Chimerix $17.5 million on top of royalties on future sales and milestone payments of up to $151 million.
February 7, 2012
The company is studying the compound for the prevention of cytomegalovirus diseases, or CMV, in patients who have had stem cell transplants.
June 28, 2011
Chimerix fought the award of a sole-source contract for a potential smallpox treatment to another firm and convinces the government agency involved to overturn it. Now, Chimerix can compete for a lucrative deal, CEO says.
February 17, 2011
Under the terms of this BARDA contract, Chimerix potentially could net almost $81.1 million total.
February 14, 2011
New funding is aimed at further development of vitally important new antiviral medicines for the treatment of life-threatening diseases.
May 7, 2010
The biotechnology firm recently reshuffled its management team, board.
May 4, 2010
The company, which is developing antiviral treatments that can be taken orally, promotes its chief operating officer to top post. Its former CEO is now chief science officer.