Idenix Pharmaceuticals, Inc. (IDIX) - Description of business

Company Description
Idenix Pharmaceuticals, Inc. is engaged in the discovery and development of drugs for the treatment of human viral diseases with operations in the United States and Europe. The company's research and development focus is on the treatment of hepatitis C virus (HCV). In July 2009, the company completed the proof-of-concept clinical trial in treatment-naive HCV genotype I infected patients. In October 2009, it initiated a 14-day dose-ranging phase IIa clinical trial evaluating IDX184 in combination with pegylated interferon and ribavirin in treatment-naive HCV genotype I infected patients. Idenix selected IDX320 as its lead clinical candidate from its protease inhibitor discovery program. The company has also developed products and drug candidates for the treatment of hepatitis B virus (HBV), human immunodeficiency virus type I (HIV) and acquired immune deficiency syndrome (AIDS). The company was founded in 1998 and is headquartered in Cambridge, Massachusetts.