Verona Pharma plc Verona Pharma To Announce Financial Results For First Quarter Ended March 31, 2019 And Provide Clinical Dev...
May 01 2019 - 2:00AM
UK Regulatory
TIDMVRP
LONDON, May 01, 2019 (GLOBE NEWSWIRE) -- Verona Pharma plc (AIM: VRP)
(Nasdaq: VRNA) ("Verona Pharma"), a clinical-stage biopharmaceutical
company focused on respiratory diseases, announces that it will report
its audited financial results for the first quarter ended March 31, 2019
on Tuesday, May 7, 2019.
Verona Pharma will host an investment community conference call at 8:00
a.m. Eastern Daylight Time (1:00 p.m. British Summer Time) on Tuesday,
May 7, 2019 to discuss the first quarter financial results and provide a
clinical development update.
Analysts and investors may participate in the conference call by
utilizing the conference ID: 13689539 and dialing the following numbers:
-- 877-423-9813 or 201-689-8573 for callers in the United States
-- 0800 756 3429 for callers in the United Kingdom
-- 0800 182 0040 for callers in Germany
Those interested in listening to the conference call live via the
internet may do so by visiting the "Investors" page of Verona Pharma's
website at
https://www.globenewswire.com/Tracker?data=f3h0sQX8AmiO06O9J9dutZ8R-pXOw4-pKnHsvFd-AUY8-0gLCA-UCprX8Lgtr03VYfXM5dTeWeSVV20Mus2y_fRH99TpBbXCLB1wqKHvkJc=
www.veronapharma.com and clicking on the "Events and presentations"
link.
A webcast replay of the conference call (audio) will be available for 30
days on the "Investors" page of Verona Pharma's website at
https://www.globenewswire.com/Tracker?data=f3h0sQX8AmiO06O9J9dutYjKAxqzKGvFWEWWdtnmNb4p-_nOZABHHze3EsSiaWCx_iGYawUVC-4k2nsffFzDuSIuVpIIHGL59z7yrxbwPwo=
www.veronapharma.com.
About Verona Pharma plc
Verona Pharma is a clinical-stage biopharmaceutical company focused on
developing and commercializing innovative therapies for the treatment of
respiratory diseases with significant unmet medical needs. Verona
Pharma's product candidate, ensifentrine (RPL554), is a first-in-class,
inhaled, dual inhibitor of the enzymes phosphodiesterase 3 and 4 that
has been shown to act as both a bronchodilator and an anti-inflammatory
agent in a single compound. Ensifentrine is currently in Phase 2b
clinical development for the maintenance treatment of COPD and is
planned to enter Phase 3 trials for this indication in 2020. Verona
Pharma is also developing ensifentrine for the treatment of cystic
fibrosis and asthma.
Forward-Looking Statements
This press release contains forward-looking statements. All statements
contained in this press release that do not relate to matters of
historical fact should be considered forward-looking statements,
including, but not limited to, statements that there is an opportunity
for additional bronchodilator and symptomatic improvement via the novel
mechanism of action of ensifentrine and Verona Pharma's plans to carry
out further long-term clinical studies of ensifentrine as an add-on to
both single and dual bronchodilator therapy and the expectation that
even more profound anti-inflammatory effects, leading to improvements in
lung function, as well as improvements in symptoms will result.
These forward-looking statements are based on management's current
expectations. These statements are neither promises nor guarantees, but
involve known and unknown risks, uncertainties and other important
factors that may cause our actual results, performance or achievements
to be materially different from our expectations expressed or implied by
the forward-looking statements, including, but not limited to, the
following: our limited operating history; our need for additional
funding to complete development and commercialization of ensifentrine,
which may not be available and which may force us to delay, reduce or
eliminate our development or commercialization efforts; the reliance of
our business on the success of ensifentrine, our only product candidate
under development; economic, political, regulatory and other risks
involved with international operations; the lengthy and expensive
process of clinical drug development, which has an uncertain outcome;
serious adverse, undesirable or unacceptable side effects associated
with ensifentrine, which could adversely affect our ability to develop
or commercialize ensifentrine; potential delays in enrolling patients,
which could adversely affect our research and development efforts; we
may not be successful in developing ensifentrine for multiple
indications; our ability to obtain approval for and commercialize
ensifentrine in multiple major pharmaceutical markets; misconduct or
other improper activities by our employees, consultants, principal
investigators, and third-party service providers; material differences
between our "top-line" data and final data; our reliance on third
parties, including clinical investigators, manufacturers and suppliers,
and the risks related to these parties' ability to successfully develop
and commercialize ensifentrine; and lawsuits related to patents covering
ensifentrine and the potential for our patents to be found invalid or
unenforceable. These and other important factors under the caption "Risk
Factors" in our Annual Report on Form 20-F filed with the Securities and
Exchange Commission ("SEC") on March 19, 2019, and our other reports
filed with the SEC, could cause actual results to differ materially from
those indicated by the forward-looking statements made in this press
release. Any such forward-looking statements represent management's
estimates as of the date of this press release. While we may elect to
update such forward-looking statements at some point in the future, we
disclaim any obligation to do so, even if subsequent events cause our
views to change. These forward-looking statements should not be relied
upon as representing our views as of any date subsequent to the date of
this press release.
For further information, please contact:
Verona Pharma plc Tel: +44 (0)20 3283 4200
Jan-Anders Karlsson, Chief Executive Officer info@veronapharma.com
Victoria Stewart, Director of Communications
N+1 Singer (Nominated Adviser and UK Broker) Tel: +44 (0)20 7496 3000
Aubrey Powell /Jen Boorer /Iqra Amin (Corporate Finance)
Mia Gardner (Corporate Broking)
ICR, Inc. (US Media and Investor enquiries)
Darcie Robinson Tel: +1 203-919-7905
Darcie.Robinson@icrinc.com
Stephanie Carrington Tel. +1 646-277-1282
Stephanie.Carrington@icrinc.com
(END) Dow Jones Newswires
May 01, 2019 02:00 ET (06:00 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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