Verona Pharma plc Verona Pharma To Report 4 Week Phase 2b Copd Dose-ranging Study Results With Nebulized Ensifentrine On Top ...
January 10 2020 - 6:00PM
UK Regulatory
TIDMVRP
Data release and conference call on Monday January 13, 2020
LONDON, Jan. 10, 2020 (GLOBE NEWSWIRE) -- Verona Pharma plc (AIM: VRP)
(Nasdaq: VRNA) ("Verona Pharma"), a clinical-stage biopharmaceutical
company focused on respiratory diseases, will release results on Monday,
January 13, 2020 at 5.00 am GMT from a Phase 2b dose-ranging study
evaluating nebulized ensifentrine as an add-on to treatment with a long
acting bronchodilator in patients with moderate-to-severe COPD. Also on
January 13, 2020, Jan-Anders Karlsson, PhD, CEO of Verona Pharma, will
host an investment community conference call to discuss the data.
Conference call and Webcast Information
Analysts and investors may participate in the conference call by using
the conference ID and numbers below:
Date: Monday, January 13, 2020
Time: 2.00 pm GMT / 9.00 am ET / 6.00 am PST
Conference Call ID: 2874368
-- 866 940 4574 for callers in the United States
-- 0800 028 8438 for callers in the United Kingdom
-- 0800 181 5287 for callers in Germany
A live webcast will be available on the Events and Presentations page on
the Investors section of the Company's website at www.veronapharma.com
and an audio replay will be available there for 30 days. In addition,
copies of the data slides and press release will be available on the
Company's website.
About Verona Pharma
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. If
successfully developed and approved, Verona Pharma's product candidate,
ensifentrine, has the potential to be the first therapy for the
treatment of respiratory diseases that combines bronchodilator and
anti-inflammatory activities in one compound. Verona Pharma is currently
in Phase 2 development with three formulations of ensifentrine for the
treatment of COPD: nebulized, dry powder inhaler, and pressurized
metered-dose inhaler. Ensifentrine also has potential applications in
cystic fibrosis, asthma and other respiratory diseases. For more
information, please visit
https://www.globenewswire.com/Tracker?data=Ra4HcoR_1YUg5_7KEanDM9CuiTNllBQLVfG9qZUPh8a2esaqBsZt0JNkZHkrAwMNojJoNuYe0wy3bzufPyS1E_wdlGccjUCO7I1mcyCalQE=
www.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, the potential for ensifentrine to be a first-in-class
phosphodiesterase 3 and 4 inhibitor, and to be the first therapy for the
treatment of respiratory diseases to combine bronchodilator and
anti-inflammatory activities in a single molecule, and the potential
application of ensifentrine for the treatment of cystic fibrosis, asthma
and other respiratory diseases.
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
David Moskowitz, VP Capital Markets Strategy & Investor
Relations (Investor enquiries)
Victoria Stewart, Director of Communications (Media
Enquiries)
N+1 Singer Tel: +44 (0)20 3283 4200
(Nominated Adviser and UK Broker)
Aubrey Powell / George Tzimas / 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 / Eva Haas / Hollie Vile
Argot Partners Tel: +1 212-600-1902
(US Investor Enquiries) verona@argotpartners.com
Stephanie Marks / Kimberly Minarovich / Michael Barron
(END) Dow Jones Newswires
January 10, 2020 18:00 ET (23:00 GMT)
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