EXTON, Pa., April 02, 2018 (GLOBE NEWSWIRE) -- Idera Pharmaceuticals, Inc. (NASDAQ:IDRA) (“Idera”), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of novel nucleic acid-based therapeutics for oncology and rare diseases, today announced that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission (“SEC”) in connection with the pending merger of BioCryst and Idera. The definitive proxy statement is available on the Investor Relations section of the Company’s website, as well as www.sec.gov.

Idera’s Special Meeting of Stockholders is scheduled to take place on May 9, 2018 at Idera’s corporate offices in Exton, Pennsylvania at 10:00 AM ET. All Idera common stockholders of record as of the close of business on March 22, 2018, will be entitled to vote their shares either in person or by proxy at the stockholder meeting.

The Idera Board of Directors recommend that all stockholders vote “FOR” the merger proposal as well as all other Idera proposals included in the definitive proxy statement on the proxy card today.

About Idera Pharmaceuticals

Harnessing the approach of the earliest researchers in immunotherapy and the Company’s vast experience in developing proprietary immunology platforms, Idera’s lead development program is focused on priming the immune system to play a more powerful role in fighting cancer, ultimately increasing the number of people who can benefit from immunotherapy. Idera continues to invest in research and development, and is committed to working with investigators and partners who share the common goal of addressing the unmet needs of patients suffering from rare, life-threatening diseases. To learn more about Idera, visit www.iderapharma.com.