Progenics Pharmaceuticals Sets First Quarter 2020 Financial Results and Business Update Call for May 7
23 April 2020 - 2:30PM
Progenics Pharmaceuticals, Inc. (NASDAQ: PGNX), an oncology company
developing innovative medicines and artificial intelligence to
find, fight and follow cancer, today announced that it will host a
conference call and webcast to review first quarter ended March 31,
2020 financial results on Thursday, May 7, 2020, at 8:30 a.m. ET.
To participate, please dial (877) 250-8889
(domestic) or (720) 545-0001 (international) and reference
conference ID 7359368. A live webcast will be available in the
Media Center of the Progenics website, www.progenics.com, and a
replay will be available there for two weeks.
About PROGENICS
Progenics is an oncology company focused on the
development and commercialization of innovative targeted medicines
and artificial intelligence to find, fight and follow cancer,
including: therapeutic agents designed to treat cancer (AZEDRA®,
1095, and PSMA TTC); prostate-specific membrane antigen (“PSMA”)
targeted imaging agents for prostate cancer (PyL™ and 1404); and
imaging analysis technology (aBSI and PSMA AI). Progenics has three
commercial products, AZEDRA, for the treatment of patients with
unresectable, locally advanced or metastatic pheochromocytoma or
paraganglioma (rare neuroendocrine tumors of neural crest origin)
who require systemic anticancer therapy; and oral and subcutaneous
formulations of RELISTOR® (methylnaltrexone bromide) for the
treatment of opioid-induced constipation, which are partnered with
Bausch Health Companies Inc.
Forward Looking Statements
This press release contains projections and
other “forward-looking statements” regarding future events.
Statements contained in this communication that refer to Progenics’
estimated or anticipated future results or other non-historical
facts are forward-looking statements that reflect Progenics’
current perspective of existing trends and information as of the
date of this communication and include statements regarding
Progenics’ strategic and operational plans and delivering value for
shareholders. Forward looking statements generally will be
accompanied by words such as “anticipate,” “believe,” “plan,”
“could,” “should,” “estimate,” “expect,” “forecast,” “outlook,”
“guidance,” “intend,” “may,” “might,” “will,” “possible,”
“potential,” “predict,” “project,” or other similar words, phrases
or expressions. Such statements are predictions only and are
subject to risks and uncertainties that could cause actual events
or results to differ materially. These risks and uncertainties
include, among others: risks associated with the proposed merger
transaction with Lantheus Holdings, Inc.; market acceptance for
approved products; the risk that the commercial launch of AZEDRA
may not meet revenue and income expectations; the cost, timing and
unpredictability of results of clinical trials and other
development activities and collaborations; the unpredictability of
the duration and results of regulatory review of New Drug
Applications (“NDA”) and Investigational NDAs; the inherent
uncertainty of outcomes in intellectual property disputes such as
the dispute with University of Heidelberg regarding PSMA-617; our
ability to successfully develop and commercialize products that
incorporate licensed intellectual property; the effectiveness of
the efforts of our partners to market and sell products on which we
collaborate and the royalty revenue generated thereby; generic and
other competition; the possible impairment of, inability to obtain
and costs of obtaining intellectual property rights; and possible
product safety or efficacy concerns, general business, financial,
regulatory and accounting matters, litigation and other risks. More
information concerning Progenics and such risks and uncertainties
is available on its website, and in its press releases and reports
it files with the Securities and Exchange Commission (the “SEC”),
including those risk factors included in its Annual Report on Form
10-K for the year ended December 31, 2019, as updated in its
subsequent Quarterly Reports on Form 10-Q. Progenics is providing
the information in this press release as of its date and, except as
expressly required by law, Progenics disclaims any intent or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or
circumstances or otherwise.
Additional information concerning Progenics and
its business may be available in press releases or other public
announcements and public filings made after this press release. For
more information, please visit www.progenics.com. Information on or
accessed through our website or social media sites is not included
in the company’s SEC filings.
(PGNX-F)
ContactMelissa DownsInvestor Relations(646)
975-2533mdowns@progenics.com
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