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Companies / Health Care / Inhibikase Therapeutics, Inc.
IKT

Inhibikase Therapeutics, Inc.

Health CareBiological Products
Ticker IKTWILMINGTON, DEFiscal year ends DecemberBook value per share $0.88Diluted shares 173.4M

Inhibikase Therapeutics, Inc. (Nasdaq: IKT) is a clinical-stage pharmaceutical company focused on developing therapeutics to modify the course of cardiopulmonary diseases, particularly pulmonary arterial hypertension (PAH). The company's website is located at https://www.inhibikase.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-48.26M
−75.4% year over year
Last 12 mo $-60.64M
-27.91%
+1.1 percentage points
Last 12 mo -39.55%
Cash & financing
$-27.79M
−45.1% year over year
Last 12 mo $-42.61M
$-27.80M
−45.2% year over year
Last 12 mo $-42.61M
0.00
Was 0.00× a year earlier
98.3M
+314.6% year over year
Last 12 mo 173.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Inhibikase Therapeutics, Inc. does

In the company’s own words

Inhibikase Therapeutics, Inc. (Nasdaq: IKT) is a clinical-stage pharmaceutical company focused on developing therapeutics to modify the course of cardiopulmonary diseases, particularly pulmonary arterial hypertension (PAH). The company's website is located at https://www.inhibikase.com.

The company's lead product candidate is IKT-001, a novel oral prodrug of imatinib mesylate designed to treat PAH, a rare, progressive, life-threatening disease characterized by pulmonary vascular remodeling and elevated pulmonary vascular resistance affecting approximately 50,000 Americans. IKT-001 emerged from Inhibikase's medicinal chemistry program targeting type III receptor tyrosine kinases, including platelet-derived growth factor receptors and c-Kit. The prodrug formulation was designed to reduce gastrointestinal side effects commonly associated with imatinib while maintaining therapeutic efficacy. The company has completed bioequivalence studies in healthy volunteers and initiated a Phase 3 adaptive clinical trial called IMPROVE-PAH, which comprises two parts evaluating approximately 486 patients across approximately 180 global sites.

Inhibikase commenced operations in September 2008 as a Georgia limited liability company initially focused on protein kinase inhibitors for bacterial and viral infectious diseases. The company expanded into neurodegeneration and brain diseases before shifting its strategic focus toward PAH. The company completed an initial public offering in 2020 and began trading on Nasdaq under the ticker IKT.

Recent significant corporate actions include the February 2025 acquisition of CorHepta Pharmaceuticals, Inc. for $15 million in stock consideration to expand the product pipeline and strengthen scientific leadership. In May 2025, the company licensed risvodetinib globally to ABLi Therapeutics, retaining eligibility for development and regulatory milestone payments up to $47.5 million plus double-digit royalties on net sales. In November 2025, Inhibikase completed an underwritten public offering raising $115 million in gross proceeds.

The company holds global commercialization rights to IKT-001 with U.S. patent protection extending until 2039, with potential extension to 2044 through pending patent applications. The PAH market was valued at approximately $8.3 billion in 2025 and is projected to grow at a compound annual growth rate of 3.3% through 2034. Inhibikase does not currently own manufacturing facilities and relies on third-party contract development and manufacturing organizations for preclinical and clinical drug supply.

Company details
Sector
Health Care
Industry (SIC)
Biological Products
Headquarters
WILMINGTON, DE
Fiscal year end
December
CIK
1750149
SIC
2836

Financial performance, year by year

Fiscal 2021–2025 · USD
$-67.01M$-47.89M$-28.77M$-9.65M$9.47M20212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Inhibikase Therapeutics, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

80
funds hold it
0 of 35
superinvestors hold it
$27.98M
held by funds, at market
10.1%
of shares held by funds

Largest fund holders · Inhibikase Therapeutics, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
iShares Russell 2000 Value ETF
IWN · iShares Trust
0.02%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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