Verona Pharma plc Verona Pharma To Present At H.C. Wainwright 21st Annual Global Investment Conference
September 03 2019 - 2:00AM
UK Regulatory
TIDMVRP
LONDON, Sept. 03, 2019 (GLOBE NEWSWIRE) -- Verona Pharma plc (AIM: VRP)
(Nasdaq: VRNA) ("Verona Pharma"), a clinical-stage biopharmaceutical
company focused on respiratory diseases, announces that Piers Morgan,
CFO, will present at the H.C. Wainwright 21st Annual Global Investment
Conference in New York City, on Tuesday, September 10th, 2019 at 3:00 PM
EDT.
About Ensifentrine
Nebulized ensifentrine has shown significant and clinically meaningful
improvements in both lung function and COPD symptoms, including
breathlessness, in prior Phase 2 clinical studies in patients with
moderate-to-severe COPD. In addition, ensifentrine has further improved
lung function and reduced lung volumes in patients taking standard
short- and long-acting bronchodilator therapy, including maximum
bronchodilator treatment with dual/triple therapy. Ensifentrine has been
well tolerated in clinical trials involving more than 800 people to
date.
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. Three formulations of ensifentrine are under
development for the treatment of COPD: nebulized 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; a dry powder inhaler ("DPI") formulation reported positive Phase 2
data in August 2019; a pressurized metered-dose inhaler ("pMDI")
formulation expects to report Phase 2 single dose data in the second
half of 2019, with final data expected in the first quarter of
2020.Verona Pharma may also develop ensifentrine for the treatment of
cystic fibrosis and asthma.
For more information, please visit veronapharma.com.
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, the development of ensifentrine, the
progress and timing of clinical trials and data, estimates of medical
costs for COPD, ensifentrine as a first-in-class phosphodiesterase 3 and
4 inhibitor, and plans to develop ensifentrine for the treatment of
cystic fibrosis and asthma.
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 and
the completion of our Phase 2b trial; 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 Tel: +44 (0)20 3283 4200
(Nominated Adviser and UK Broker)
Aubrey Powell / Jen Boorer / Iqra Amin (Corporate
Finance)
Mia Gardner (Corporate Broking)
Optimum Strategic Communications Tel: +44 (0)20 950 9144
(European Media and Investor Enquiries) verona@optimumcomms.com
Mary Clark / Anne Marieke Ezendam / Hollie Vile
Argot Partner Tel: +1 212-600-1902
(US Investor enquiries) verona@argotpartners.com
Stephanie Marks
(END) Dow Jones Newswires
September 03, 2019 02:00 ET (06:00 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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