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Document and Entity Information - shares | 9 Months Ended | |
---|---|---|
Sep. 30, 2019 | Oct. 31, 2019 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Period End Date | Sep. 30, 2019 | |
Document Fiscal Year Focus | 2019 | |
Document Fiscal Period Focus | Q3 | |
Trading Symbol | PRTK | |
Entity Registrant Name | PARATEK PHARMACEUTICALS, INC. | |
Entity Central Index Key | 0001178711 | |
Entity Current Reporting Status | Yes | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity File Number | 001-36066 | |
Entity Tax Identification Number | 33-0960223 | |
Entity Address, Address Line One | 75 Park Plaza | |
Entity Address, City or Town | Boston | |
Entity Address, State or Province | MA | |
Entity Address, Postal Zip Code | 02116 | |
City Area Code | 617 | |
Local Phone Number | 807-6600 | |
Entity Common Stock, Shares Outstanding | 33,287,946 | |
Entity Interactive Data Current | Yes | |
Title of 12(b) Security | Common Stock, par value $0.001 per share | |
Security Exchange Name | NASDAQ | |
Entity Incorporation, State or Country Code | DE | |
Document Quarterly Report | true | |
Document Transition Report | false |
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Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Paratek Pharmaceuticals, Inc..
Paratek Pharmaceuticals, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2019 10-K Annual Report includes:
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Net cash provided by financing activities during the nine months ended September 30, 2018 primarily represents net proceeds of $159.0 million raised through the sales of the Notes, net proceeds of $49.8 million raised through the January 2018 public offering of common stock, $10.0 36 million in net proceeds received from borrowings under the Loan Agreement, and net proceeds of $1.8 million raised through the sale of shares of our common stock under the Sales Agreements.
The net losses and negative operating cash flows incurred to date, together with expected future losses, have had, and likely will continue to have, an adverse effect on our stockholders' equity and working capital.
The increase primarily relates to royalty revenues earned on sales of SEYSARA and XERAVA in the United States by Almirall and Tetraphase, respectively.
The increase primarily relates to royalty revenues earned on sales of SEYSARA and XERAVA in the United States by Almirall and Tetraphase, respectively.
These increases will likely include costs related to the hiring of additional personnel, executing marketing and promotional programs, and engaging consultants, legal and other professional fees, and other expenses.
These increases will likely include...Read more
We do not assign or...Read more
We anticipate that our selling,...Read more
We anticipate that our selling,...Read more
The amount of future net...Read more
SEYSARA royalty revenue for the...Read more
Net cash used in investing...Read more
For example, if the FDA,...Read more
Net cash provided by investing...Read more
We anticipate that our expenses...Read more
If we raise additional funds...Read more
The 2017 Sales Agreement was...Read more
The $7.6 million decrease is...Read more
35 Additionally, on December 1,...Read more
Research and development expenses consisted...Read more
Royalty revenue recognized for sales...Read more
Royalty revenue recognized for sales...Read more
Costs for certain development activities...Read more
During the nine months ended...Read more
Interest expense for the three...Read more
Interest expense for the nine...Read more
Interest expense for the three...Read more
Interest expense for the nine...Read more
On December 12, 2016, we...Read more
The $15.3 million decrease is...Read more
On July 2, 2019, we...Read more
On July 2, 2019, we...Read more
We anticipate that research and...Read more
34 We anticipate that research...Read more
As mentioned in Note 2,...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Paratek Pharmaceuticals, Inc. provided additional information to their SEC Filing as exhibits
Ticker: PRTK
CIK: 1178711
Form Type: 10-Q Quarterly Report
Accession Number: 0001564590-19-042902
Submitted to the SEC: Tue Nov 12 2019 11:06:56 AM EST
Accepted by the SEC: Tue Nov 12 2019
Period: Monday, September 30, 2019
Industry: Pharmaceutical Preparations