Sonus Pharmaceuticals to Release Third Quarter Financial Results and Hold Quarterly Conference Call November 8
31 Ottobre 2006 - 10:30PM
Business Wire
Sonus Pharmaceuticals, Inc. (NASDAQ:SNUS) will release third
quarter financial results on Wednesday, November 8, after the close
of market. At 4:30 P.M. ET, management will host a conference call
to provide a company update. The conference call will be web cast
live at 1:30 P.M. PT/4:30 P.M. ET on November 8 and can be accessed
at www.sonuspharma.com/events.html. A web cast replay of the call
will be available through the same link. A telephone replay will
also be available from November 8, 4:30 P.M. PT/7:30 P.M. ET, for
one week at 800-379-7444 or 303-590-3000 for international calls;
Pass code 11074216. About Sonus Pharmaceuticals Located near
Seattle, Washington, Sonus Pharmaceuticals is focused on the
development of drugs that provide better therapeutic alternatives
for cancer patients, including improved efficacy, safety and
tolerability, and are more convenient to use. The Company�s lead
oncology product candidate, TOCOSOL� Paclitaxel, is currently in a
Phase 3 pivotal trial for the potential treatment of metastatic
breast cancer. TOCOSOL Paclitaxel is a ready-to-use, injectable
formulation of the widely prescribed anti-cancer drug, paclitaxel.
Formulated with Sonus� proprietary vitamin-E based TOCOSOL
technology, TOCOSOL Paclitaxel may have the ability to reduce
treatment-limiting side effects and improve anti-tumor activity.
Submission of the New Drug Application for TOCOSOL Paclitaxel is
expected by the end of 2007. In October 2005, Sonus entered into a
licensing agreement with Schering AG for the development and
commercialization of TOCOSOL Paclitaxel. The Company moved its
second product candidate, TOCOSOL Camptothecin, into Phase 1
clinical development in September 2006. TOCOSOL Camptothecin is a
new entry in the same drug class as the approved camptothecin
analogs, irinotecan and topotecan. Preclinical data suggest that
TOCOSOL Camptothecin may be more efficacious and better tolerated
than irinotecan. For additional information on Sonus, including
news releases, please visit www.sonuspharma.com. Safe Harbor
Certain statements made in this press release are forward-looking
such as those, among others, relating to the development, safety
and efficacy of therapeutic drugs and potential applications for
these products. As discussed in Sonus Pharmaceuticals� filings with
the Securities and Exchange Commission, including its Annual Report
on Form 10-K for 2005 and Quarterly Report on Form 10-Q for the
second quarter of 2006, actual results could differ materially from
those projected in the forward-looking statements as a result of
the following factors, among others: the Company�s products will
require extensive clinical testing and approval by regulatory
authorities; such approvals are lengthy and expensive and may never
occur; risks that the Company will not be able to complete the
Phase 3 clinical trial for TOCOSOL Paclitaxel; risks that clinical
studies with TOCOSOL Paclitaxel will not be successful; risks that
the FDA may not approve the TOCOSOL Paclitaxel New Drug
Application; risks that the Phase 1 clinical trial for TOCOSOL
Camptothecin will not be successful; risks of successful
development of therapeutic drugs; and risks that the Company may
not be successful in obtaining funding from third parties or
completing a financing necessary to support the costs and expenses
of clinical studies as well as research and development activities.
The Company undertakes no obligation to update the forward-looking
statements contained herein or to reflect events or circumstances
occurring after the date hereof. Sonus Pharmaceuticals, Inc.
(NASDAQ:SNUS) will release third quarter financial results on
Wednesday, November 8, after the close of market. At 4:30 P.M. ET,
management will host a conference call to provide a company update.
The conference call will be web cast live at 1:30 P.M. PT/4:30 P.M.
ET on November 8 and can be accessed at
www.sonuspharma.com/events.html. A web cast replay of the call will
be available through the same link. A telephone replay will also be
available from November 8, 4:30 P.M. PT/7:30 P.M. ET, for one week
at 800-379-7444 or 303-590-3000 for international calls; Pass code
11074216. About Sonus Pharmaceuticals Located near Seattle,
Washington, Sonus Pharmaceuticals is focused on the development of
drugs that provide better therapeutic alternatives for cancer
patients, including improved efficacy, safety and tolerability, and
are more convenient to use. The Company's lead oncology product
candidate, TOCOSOL(R) Paclitaxel, is currently in a Phase 3 pivotal
trial for the potential treatment of metastatic breast cancer.
TOCOSOL Paclitaxel is a ready-to-use, injectable formulation of the
widely prescribed anti-cancer drug, paclitaxel. Formulated with
Sonus' proprietary vitamin-E based TOCOSOL technology, TOCOSOL
Paclitaxel may have the ability to reduce treatment-limiting side
effects and improve anti-tumor activity. Submission of the New Drug
Application for TOCOSOL Paclitaxel is expected by the end of 2007.
In October 2005, Sonus entered into a licensing agreement with
Schering AG for the development and commercialization of TOCOSOL
Paclitaxel. The Company moved its second product candidate, TOCOSOL
Camptothecin, into Phase 1 clinical development in September 2006.
TOCOSOL Camptothecin is a new entry in the same drug class as the
approved camptothecin analogs, irinotecan and topotecan.
Preclinical data suggest that TOCOSOL Camptothecin may be more
efficacious and better tolerated than irinotecan. For additional
information on Sonus, including news releases, please visit
www.sonuspharma.com. Safe Harbor Certain statements made in this
press release are forward-looking such as those, among others,
relating to the development, safety and efficacy of therapeutic
drugs and potential applications for these products. As discussed
in Sonus Pharmaceuticals' filings with the Securities and Exchange
Commission, including its Annual Report on Form 10-K for 2005 and
Quarterly Report on Form 10-Q for the second quarter of 2006,
actual results could differ materially from those projected in the
forward-looking statements as a result of the following factors,
among others: the Company's products will require extensive
clinical testing and approval by regulatory authorities; such
approvals are lengthy and expensive and may never occur; risks that
the Company will not be able to complete the Phase 3 clinical trial
for TOCOSOL Paclitaxel; risks that clinical studies with TOCOSOL
Paclitaxel will not be successful; risks that the FDA may not
approve the TOCOSOL Paclitaxel New Drug Application; risks that the
Phase 1 clinical trial for TOCOSOL Camptothecin will not be
successful; risks of successful development of therapeutic drugs;
and risks that the Company may not be successful in obtaining
funding from third parties or completing a financing necessary to
support the costs and expenses of clinical studies as well as
research and development activities. The Company undertakes no
obligation to update the forward-looking statements contained
herein or to reflect events or circumstances occurring after the
date hereof.
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