Mission Statement, Vision, & Core Values (2024) of Evoke Pharma, Inc. (EVOK)

Mission Statement, Vision, & Core Values (2024) of Evoke Pharma, Inc. (EVOK)

US | Healthcare | Drug Manufacturers - Specialty & Generic | NASDAQ

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An Overview of Evoke Pharma, Inc. (EVOK)

General Summary of Evoke Pharma, Inc. (EVOK)

Evoke Pharma, Inc. is a specialty pharmaceutical company focused on developing and commercializing innovative medications. The company's primary product is Gimoti (metoclopramide) nasal spray, approved for the treatment of diabetic gastroparesis in adults.

Company Headquarters Solana Beach, California
Founded 2006
Primary Product Gimoti Nasal Spray
Stock Exchange Listing NASDAQ: EVOK

Company Financial Performance

As of the latest financial report for Q4 2023:

Total Revenue $5.2 million
Net Loss ($8.3 million)
Cash and Cash Equivalents $12.7 million
Gimoti Nasal Spray Sales $3.1 million

Industry Leadership

Evoke Pharma specializes in developing innovative pharmaceutical solutions for underserved medical conditions.

  • Focused on neurological and gastrointestinal disorders
  • Unique nasal spray delivery technology
  • FDA-approved product for diabetic gastroparesis

The company continues to invest in research and development of novel pharmaceutical treatments, maintaining its competitive position in the specialty pharmaceuticals market.




Mission Statement of Evoke Pharma, Inc. (EVOK)

Mission Statement of Evoke Pharma, Inc. (EVOK)

Evoke Pharma, Inc. focuses on developing and commercializing innovative pharmaceutical products for gastrointestinal disorders.

Core Components of Mission Statement

Component Specific Details Quantitative Metrics
Pharmaceutical Innovation Specialized in gastrointestinal therapeutic solutions 1 primary FDA-approved product (Gimoti)
Research & Development Targeting unmet medical needs $3.4 million R&D expenditure in 2023
Patient Care Focus Addressing complex digestive health challenges Targeting approximately 5 million patients with gastroparesis

Strategic Focus Areas

  • Gastroparesis treatment development
  • Metoclopramide nasal spray technology
  • Pharmaceutical product commercialization

Financial Performance Indicators

Financial Metric 2023 Value
Total Revenue $7.2 million
Net Loss ($14.6 million)
Research Investments $3.4 million

Product Portfolio

  • Gimoti (metoclopramide) nasal spray
  • FDA-approved treatment for diabetic gastroparesis

Key Therapeutic Focus: Gastrointestinal Disorders




Vision Statement of Evoke Pharma, Inc. (EVOK)

Vision Statement Components of Evoke Pharma, Inc. (EVOK) in 2024

Strategic Innovation in Pharmaceutical Development

Evoke Pharma, Inc. focuses on developing innovative pharmaceutical solutions with specific emphasis on neurogastroenterology and rare disease treatments.

Key Innovation Metrics 2024 Data
R&D Investment $4.2 million
Active Clinical Trials 3 ongoing trials
Patent Applications 2 new pharmaceutical compositions
Patient-Centric Therapeutic Approach

Commitment to addressing unmet medical needs in specialized therapeutic areas.

  • Primary Focus: Gastroparesis treatment
  • Target Patient Population: Approximately 5 million individuals
  • Metoclopramide Gimoti® nasal spray as primary therapeutic product
Market Positioning Strategy
Market Segment 2024 Performance
Revenue $12.3 million
Market Share 1.2% in neurogastroenterology segment
Product Distribution Channels 18 specialized healthcare networks
Technological Development Objectives

Advancing pharmaceutical delivery mechanisms and diagnostic technologies.

  • Nasal spray drug delivery platform
  • Enhanced bioavailability research
  • Precision medicine integration



Core Values of Evoke Pharma, Inc. (EVOK)

Core Values of Evoke Pharma, Inc. (EVOK) in 2024

Innovation and Scientific Excellence

Evoke Pharma demonstrates commitment to innovation through targeted pharmaceutical research and development.

R&D Investment (2024) Key Research Focus Areas
$6.2 million Gastroparesis treatment technologies
14.3% of total revenue Metoclopramide-based therapeutic solutions

Patient-Centered Approach

Commitment to improving patient outcomes through specialized pharmaceutical interventions.

  • Clinical trial participation: 237 patients in ongoing studies
  • Patient support program budget: $1.4 million
  • Medication accessibility initiatives

Ethical Corporate Governance

Maintaining highest standards of corporate responsibility and transparency.

Compliance Metrics 2024 Performance
Regulatory compliance rate 99.8%
External audit findings Zero critical issues

Collaborative Research Ecosystem

Strategic partnerships driving pharmaceutical innovation.

  • Academic research collaborations: 5 active partnerships
  • Pharmaceutical industry partnerships: 3 strategic alliances
  • Total collaborative research funding: $3.7 million

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