LONDON, Feb. 04, 2019 (GLOBE NEWSWIRE) -- Verona Pharma plc (AIM: VRP) (NASDAQ: VRNA) (“Verona Pharma”), a
clinical stage biopharmaceutical company focused on developing and commercializing innovative therapies for respiratory diseases,
today announced that the Company’s management team will present and conduct face-to-face meetings at the following upcoming
investor conferences:
The presentation details are as follows:
Event: LSX World Congress 2019
Presenter: Piers Morgan, Chief Financial Officer
Date: Tuesday, February 5
Time: 17:05 GMT
Location: London, UK
Event: 2019 BIO CEO & Investor Conference
Presenter: Piers Morgan, Chief Financial Officer
Date: Tuesday, February 12
Time: 2:30 pm ET
Location: New York, NY
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, is an investigational first-in-class, inhaled, dual inhibitor of the enzymes phosphodiesterase 3 and 4 that is
designed to act as both a bronchodilator and an anti-inflammatory agent in a single compound. In previous clinical trials, the
nebulized formulation of ensifentrine has been observed to result in bronchodilator effects when used alone or as an add-on
treatment to other COPD bronchodilators. It has shown clinically meaningful and statistically significant improvements in lung
function when administered in addition to frequently used short- and long-acting bronchodilators, such as tiotropium
(Spiriva®), compared with such bronchodilators administered as a single agent. Ensifentrine improved FEV1
over four weeks in patients with moderate-to-severe COPD when compared to placebo and improved COPD symptoms and quality of life in
a Phase 2b multicenter European study performed in 403 patients. In addition, ensifentrine has shown anti-inflammatory effects in a
standard challenge study with COPD-like inflammation in human subjects. Ensifentrine has been well tolerated in these studies,
having been administered to more than 800 subjects in 13 clinical trials. Verona Pharma is developing ensifentrine for the
treatment of COPD, CF, 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 RPL554, 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 RPL554, 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 RPL554, which could adversely affect our ability to develop or commercialize RPL554; potential delays
in enrolling patients, which could adversely affect our research and development efforts; we may not be successful in developing
RPL554 for multiple indications; our ability to obtain approval for and commercialize RPL554 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 RPL554; and lawsuits related to patents covering RPL554 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 February 27, 2018, 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 |
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Stifel Nicolaus Europe Limited (Nominated Adviser
and UK Broker) |
Tel: +44 (0) 20 7710 7600 |
Stewart Wallace / Jonathan Senior / Ben Maddison |
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FTI Consulting (UK Media and Investor enquiries) |
Tel: +44 (0)20 3727 1000 |
Simon Conway / Natalie Garland-Collins |
veronapharma@fticonsulting.com |
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ICR, Inc. (US Media and Investor enquiries) |
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Darcie Robinson |
Tel: +1 203-919-7905
Darcie.Robinson@icrinc.com
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Stephanie Carrington |
Tel. +1 646-277-1282
Stephanie.Carrington@icrinc.com |