Antares Pharma to Report Second Quarter 2021 Financial and Operating Results
July 28 2021 - 8:30AM
Antares Pharma, Inc. (NASDAQ: ATRS) (“the Company”), a specialty
pharmaceutical company, today announced it will release its second
quarter 2021 financial and operating results on Thursday, August 5,
2021, before the market opens.
Antares will host a conference call
on Thursday, August 5, 2021 at 8:30am ET to discuss
the results. The dial-in numbers are (800) 367-2403 for domestic
callers and (334) 777-6978 for international callers. The
conference ID number is 3020992. A live webcast and replay of the
conference call will be available online from the investor
relations section of the Antares Pharma corporate website
at www.antarespharma.com.
About Antares Pharma
Antares Pharma, Inc. is a specialty
pharmaceutical company focused primarily on the development and
commercialization of self-administered injectable pharmaceutical
products using advanced drug delivery auto injector technology. The
Company has a portfolio of proprietary and partnered commercial
products with several product candidates in various stages of
development, as well as significant strategic alliances with
industry leading pharmaceutical companies including Teva
Pharmaceutical Industries, Ltd. (Teva), AMAG Pharmaceuticals
(AMAG), Pfizer Inc. (Pfizer) and Idorsia Pharmaceuticals Ltd.
(Idorsia). Antares Pharma’s FDA-approved products include XYOSTED®
(testosterone enanthate) injection, OTREXUP® (methotrexate)
injection for subcutaneous use and Sumatriptan Injection USP, which
is distributed by Teva. The Company also markets NOCDURNA®
(desmopressin acetate) in the U.S., which was licensed from Ferring
Pharmaceuticals.
SAFE HARBOR STATEMENT UNDER THE PRIVATE
SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are subject to certain risks and
uncertainties that can cause actual results to differ materially
from those described. Factors that may cause such differences
include, but are not limited to: the Company’s ability to achieve
the 2021 full-year revenue guidance; the uncertainty regarding the
ongoing COVID-19 pandemic, including new strains of the virus, and
the mitigation measures and other restrictions implemented in
response to the same and the impact on demand for our products, new
patients and prescriptions, future revenue, product supply,
clinical trials, and our overall business, operating results and
financial condition; commercial success of
XYOSTED® and future revenue from
the same; market acceptance of Teva’s generic epinephrine
auto-injector product and future revenue from the same; future
prescriptions and sales of
OTREXUP®; successful
commercialization of NOCDURNA® in
the U.S. and market acceptance and future revenue from the same;
whether the FDA will withdraw marketing approval for AMAG
Pharmaceuticals’ Makena®
subcutaneous auto injector following the FDA letter seeking
withdrawal, whether AMAG will be granted an appeal hearing and if
granted, whether Makena® will be
successful and future prescriptions, market acceptance and revenue
from the same; Teva’s ability to successfully commercialize
VIBEX® Sumatriptan Injection USP
and the amount of revenue from the same; Teva’s ability to
successfully commercialize generic teriparatide in Europe, Canada
and Israel and future revenue from the same, successful development
including the timing and results of the Phase 3 trial of the drug
device combination product for selatogrel with Idorsia
Pharmaceuticals and FDA and global regulatory approvals and future
revenue from the same; the timing and results of the clinical
development program for ATRS-1902 adrenal crisis rescue
auto-injector, future NDA submission and FDA approval of the same,
and if approved, future market acceptance and revenue for the same;
FDA approval of Teva’s ANDAs for both generic
Forteo® and
Byetta® and future revenue from
the same; the timing and results of the Company’s or its partners’
research projects or clinical trials of product candidates in
development including the Company’s endocrinology and urology
assets in development as well as Pfizer’s undisclosed development
product; actions by the FDA or other regulatory agencies with
respect to the Company’s products or product candidates of its
partners; continued growth in product, development, licensing and
royalty revenue; the Company’s ability to repay the debt obligation
to Hercules Capital; the Company’s ability to obtain financial and
other resources for its research, development, clinical, and
commercial activities and other statements regarding matters that
are not historical facts, and involve predictions. These statements
involve known and unknown risks, uncertainties and other factors
that may cause actual results, performance, achievements or
prospects to be materially different from any future results,
performance, achievements or prospects expressed in or implied by
such forward-looking statements. In some cases you can identify
forward-looking statements by terminology such as ''may'',
''will'', ''should'', ''would'', ''expect'', ''intend'', ''plan'',
''anticipate'', ''believe'', ''estimate'', ''predict'',
''potential'', ''seem'', ''seek'', ''future'', ''continue'', or
''appear'' or the negative of these terms or similar expressions,
although not all forward-looking statements contain these
identifying words. Additional information concerning these and
other factors that may cause actual results to differ materially
from those anticipated in the forward-looking statements is
contained in the "Risk Factors" section of the Company's Annual
Report on Form 10-K, and in the Company's other periodic reports
and filings with the Securities and Exchange Commission. The
Company cautions investors not to place undue reliance on the
forward-looking statements contained in this press release. All
forward-looking statements are based on information currently
available to the Company on the date hereof, and the Company
undertakes no obligation to revise or update these forward-looking
statements to reflect events or circumstances after the date of
this press release, except as required by law.
Contact:
Tram BuiVice President, Corporate Communications
and Investor Relations609-359-3016tbui@antarespharma.com
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