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MarketScreener Homepage  >  Equities  >  Nasdaq  >  NeuBase Therapeutics, Inc.    NBSE

NEUBASE THERAPEUTICS, INC.

(NBSE)
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NeuBase Therapeutics : to Present at the Myotonic Dystrophy Foundation 2020 Virtual Conference

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09/18/2020 | 09:59am EDT

PITTSBURGH - NeuBase Therapeutics, Inc. (NASDAQ: NBSE) ('NeuBase' or the 'Company'), a biotechnology company accelerating the genetic revolution using a new class of synthetic medicines, today announced that Dietrich A. Stephan, Ph.D., chief executive officer, is scheduled to present at the Myotonic Dystrophy Foundation 2020 Virtual Conference on September 25between 4:00 p.m. and 4:45 p.m. ET.

The conference will be held virtually on September 25-26, 2020 and is designed as an educational event for individuals and families living with myotonic dystrophy. The presentation will provide an overview of NeuBase's PATrOL platform and the potential of its therapeutic approach for myotonic dystrophy type 1 (DM1).

'We are honored to be participating in this year's Myotonic Dystrophy Foundation conference and are looking forward to engaging with the community, reaffirming NeuBase's commitment to finding a new treatment option and introducing patients and families to the transformational work being done at NeuBase,' said Dr. Stephan. 'There are innumerable devastating diseases with insufficient or no treatment options, including DM1, and we believe the only solution is to fundamentally change the way we approach drug development. At NeuBase, we are not only aiming to develop a treatment that could potentially slow or stop DM1 progression but are looking to redefine medicine for the millions of patients with both common and rare conditions.'

About NeuBase Therapeutics

NeuBase is accelerating the genetic revolution using a new class of synthetic medicines. NeuBase's designer PATrOL therapies are centered around its proprietary drug scaffold to address genetic diseases at the source by combining the highly targeted approach of traditional genetic therapies with the broad organ distribution capabilities of small molecules. With an initial focus on silencing disease-causing mutations in debilitating neurological, neuromuscular and oncologic disorders, NeuBase is committed to redefining medicine for the millions of patients with both common and rare conditions.

Use of Forward-Looking Statements

This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements include, among other things, statements regarding the Company's goals and plans for its PATrOL platform and its therapeutics candidates. These forward-looking statements are distinguished by use of words such as 'will,' 'would,' 'anticipate,' 'expect,' 'believe,' 'designed,' 'plan,' or 'intend,' the negative of these terms, and similar references to future periods. These views involve risks and uncertainties that are difficult to predict and, accordingly, our actual results may differ materially from the results discussed in our forward-looking statements. Our forward-looking statements contained herein speak only as of the date of this press release. Factors or events that we cannot predict, including those risk factors contained in our filings with the U.S. Securities and Exchange Commission, may cause our actual results to differ from those expressed in forward-looking statements. The Company may not actually achieve the plans, carry out the intentions or meet the expectations or projections disclosed in the forward-looking statements, and you should not place undue reliance on these forward-looking statements. Because such statements deal with future events and are based on the Company's current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of the Company could differ materially from those described in or implied by the statements in this press release, including: the Company's plans to develop and commercialize its product candidates; the timing of initiation of the Company's planned clinical trials; the timing of the availability of data from the Company's clinical trials; the timing of any planned investigational new drug application or new drug application; the Company's plans to research, develop and commercialize its current and future product candidates; the clinical utility, potential benefits and market acceptance of the Company's product candidates; the Company's commercialization, marketing and manufacturing capabilities and strategy; global health conditions, including the impact of COVID-19; the Company's ability to protect its intellectual property position and the requirement for additional capital to continue to advance these product candidates, which may not be available on favorable terms or at all, as well as those risk factors contained in our filings with the U.S. Securities and Exchange Commission. Except as otherwise required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statements, which speak only as of the date hereof, whether as a result of new information, future events or circumstances or otherwise.

Contact:

Dan Ferry

Tel: (617) 430-7576

Email: daniel@lifesciadvisors.com

(C) 2020 Electronic News Publishing, source ENP Newswire


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Financials (USD)
Sales 2020 - - -
Net income 2020 -17,3 M - -
Net Debt 2020 - - -
P/E ratio 2020 -9,44x
Yield 2020 -
Capitalization 194 M 194 M -
Capi. / Sales 2020 -
Capi. / Sales 2021 -
Nbr of Employees 15
Free-Float 78,0%
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Mean consensus BUY
Number of Analysts 6
Average target price 15,67 $
Last Close Price 8,40 $
Spread / Highest target 114%
Spread / Average Target 86,5%
Spread / Lowest Target 54,8%
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Managers
NameTitle
Dietrich A. Stephan President, Chief Executive Officer & Director
William R. Mann Chief Operating Officer
Samuel I. Backenroth Chief Financial Officer, Secretary & Treasurer
Robert Friedlander Consulting Chief Medical Officer
Danith Ly Chief Scientific Officer
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