CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This prospectus contains a number of forward-looking statements. Specifically, all statements other than statements of historical facts included in this prospectus, or incorporated by reference into this prospectus, regarding our financial position, business strategy, development timelines and plans and objectives of management for future operations are forward-looking statements. These forward-looking statements are based on the beliefs of management at the time these statements were made, as well as assumptions made by and information currently available to management. When used in this prospectus and the documents incorporated by reference herein, the words “anticipate”, “believe”, “estimate”, “expect”, “may”, “will”, “continue” and “intend”, and words or phrases of similar import are intended to identify forward-looking statements. These statements are subject to risks, uncertainties and assumptions related to various factors.
You should understand that the following important factors, in addition to those discussed in our periodic reports filed with the SEC under the Securities Exchange Act of 1934, as amended, or the Exchange Act, could affect our future results and could cause those results to differ materially from those expressed in such forward-looking statements:
•
risks involved in clinical trials, including, but not limited to, the costs, initiation, timing, progress and results of such trials;
•
our estimates regarding the potential market opportunity for our product candidates;
•
our ability to develop and implement our commercialization, marketing and manufacturing capabilities and strategies;
•
our expectations related to the use of proceeds from this offering;
•
our expectations regarding our ability to fund our operating expenses and capital expenditure requirements with our cash on hand and proceeds from this offering;
•
the potential advantages of our product candidates;
•
the rate and degree of market acceptance and clinical utility of our products;
•
our intellectual property position;
•
our ability to identify additional products, product candidates or technologies with significant commercial potential that are consistent with our commercial objectives;
•
our ability to attract and retain key personnel;
•
our estimates regarding expenses, future revenue, timing of any future revenue, capital requirements and needs for additional financing;
•
the impact of government laws and regulations;
•
our competitive position;
•
developments relating to our competitors and our industry;
•
our ability to maintain and establish collaborations or obtain additional funding;
•
general or regional economic conditions; and
•
changes in U.S. GAAP or in the legal, regulatory and legislative environments in the markets in which we operate.
Although we believe that our expectations (including those on which our forward-looking statements are based) are reasonable, we cannot assure you that those expectations will prove to be correct. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described in our forward-looking statements as anticipated, believed, estimated, expected or intended.