This Web Site is controlled and operated by a third-party vendor within the United States. The increase was driven by additional headcount, professional fees and increased insurance costs. Stock ticker symbol (e.g. MONTREAL and CHARLOTTE, N.C., May 14, 2020 /PRNewswire/ -- Milestone Pharmaceuticals Inc. (Nasdaq: MIST), a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines, today reported financial results for the first quarter ended March 31, 2020 and provided a clinical and corporate update. SaaS, Android, Cloud Computing, Medical Device), Operating Status of Organization e.g. To start, Milestone Pharmaceuticals is a clinical-stage biopharmaceutical firm dedicated to addressing patients with paroxysmal supraventricular tachycardia or PSVT. Padra, Dist. Certain calcium channel blockers have long been approved for the treatment of PSVT as well as other cardiac conditions; however, when calcium channel blockers are used for the termination of SVT episodes, they must be administered intravenously under medical supervision, usually in an emergency department or other acute care setting. Milestone Pharmaceuticals Inc. (Nasdaq: MIST), a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines, today announced that it … These and other risks are set forth in Milestone's filings with the U.S. Securities and Exchange Commission, including in its quarterly report on Form 10-Q for the quarter ended March 31, 2020, under the caption "Risk Factors." Commercial expense for the first quarter of 2020 was $2.2 million and remained consistant with the prior year period. Ltd. Padra – Jambusar Highway, P.O. Active, Closed, Last funding round type (e.g. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS, Research and development, net of tax credits, Loss and comprehensive loss before income taxes, Net loss and comprehensive loss for the period. Paroxysmal supraventricular tachycardia (PSVT) is a rapid heart rate condition characterized by intermittent episodes of supraventricular tachycardia (SVT) that start and stop suddenly and without warning. The P/E ratio of Milestone Pharmaceuticals is -2.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Milestone Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines. Milestone Pharmaceuticals is developing an investigational new drug intended to provide rapid-onset and short-acting treatment of paroxysmal supraventricular tachycardia (PSVT) episodes and other episodic conditions. Milestone Pharmaceuticals is developing an investigational new drug intended to provide rapid-onset and short-acting treatment of paroxysmal supraventricular … Milestone Pharmaceuticals operates in … Milestone Pharmaceuticals Announces Proposed Public Offering of... As of March 31, 2020, Milestone had cash and cash equivalents of $102 million and 24.6 million shares outstanding. VISIT US. For the first quarter of 2020, operating loss was $16.8 million compared to $10.9 million for the prior year period. These forward-looking statements are based on Milestone's expectations and assumptions as of the date of this press release. For more information, visit www.milestonepharma.com and follow the Company on Twitter at @MilestonePharma. Except as required by law, Milestone assumes no obligation to update any forward-looking statements contained herein to reflect any change in expectations, even as new information becomes available. Milestone Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines. Attribution shall take the following form: "Data provided by the North Carolina Biotechnology Center, www.ncbiotech.org. Milestone's lead product is a novel and potent short-acting calcium channel antagonist for the systemic treatment of transient cardiovascular conditions such as atrial arrhythmias and angina. Forward-looking statements contained in this press release include statements regarding (i) the design, progress, timing, scope and results of clinical trials, (ii) potential interactions with regulators, (iii) future operating expense reductions and (iv) the possibility that data will support future development. Get the latest Milestone Pharmaceuticals Inc. MIST detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. You may reproduce the NCBiotech Company Directory site content for any legal purpose with proper attribution. The Daily Biotech Pulse: Milestone Pharma Flunks Late-Stage Study, CytomX Strikes Cancer Drug Collaboration, BARDA Grant For GenMark's COVID-19 Test The novel calcium channel blocker is self-administered via a nasal spray which may shift the current treatment paradigm for many patients with PSVT from the emergency department to the at-home setting. Milestone Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines. All Rights Reserved. "While the NODE-301 trial of etripamil for patients with paroxysmal supraventricular tachycardia (PSVT) did not meet its primary endpoint over the five hour observation period, we are encouraged by the topline data from the trial. Vadodara, Gujarat, India. With a favorable safety and tolerability profile as well as efficacy signals observed across earlier time points, topline results from NODE-301 reinforce our belief that etripamil has the potential to serve as the first self-administered therapy for the rapid termination of supraventricular tachycardia (SVT) episodes in the at-home setting," said Joseph Oliveto, President and Chief Executive Officer of Milestone Pharmaceuticals. Price to Earnings Ratio vs. the Market. Contact us to update your basic listing. ", About Paroxysmal Supraventricular Tachycardia. "We look forward to working with regulators to determine next steps, with the goal of ensuring that etripamil is able to realize its full potential in patients with PSVT. Episodes of SVT are often associated with symptoms including palpitations, sweating, chest pressure or pain, shortness of breath, sudden onset of fatigue, lightheadedness or dizziness, fainting, and anxiety. Milestone Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines. Earnings for Milestone Pharmaceuticals are expected to decrease in the coming year, from ($2.18) to ($2.24) per share. All rights reserved, 7422 Carmel Executive Park Drive, Suite 300, The NCBiotech Company Directory is maintained by. The increase in expense was primarily driven by increased clinical development costs and manufacturing and formulation activities supporting its Phase 3 clinical trials. Research and development expense for the first quarter of 2020 was $11.9 million compared with $7.8 million for the prior year period. Words such as "may," "will," "expect," "plan," "anticipate," "estimate," "intend" and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. General and administrative expenses for the first quarter of 2020 were $2.7 million compared with $1.0 million for the prior year period. About Milestone Pharmaceuticals. Milestone Pharmaceuticals operates in … View Milestone Pharmaceuticals Inc. MIST investment & stock information. Each of these forward-looking statements involves risks and uncertainties. Gain visibility and brand your listing with a directory sponsorship. ", © 2018 North Carolina Biotechnology Center. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Life Science Intelligence at NCBiotech strives to provide accurate and current data on the bioscience community in North Carolina. Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit, General contact email for the organization, Private Equity Funded Companies (Top 10K). Milestone Pharmaceuticals, Inc. operates as a drug development company. from 8 AM - 9 PM ET, 24,559,470 shares issued at March 31, 2020 and, Copyright © 2020 PR Newswire Association LLC. (RTTNews) - Shares of Milestone Pharmaceuticals Inc. (MIST) plunged over 80% on Tuesday morning trade after the pharma company's trial on etripamil nasal spray failed. Milestone Pharmaceuticals is a drug development company developing small molecule therapeutics for the treatment of cardiovascular diseases. Weighted average number of shares outstanding, INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS, Prepaid expenses and other current assets. Actual results may differ materially from these forward-looking statements. Milestone Pharmaceuticals is a drug development company developing novel small molecule therapeutics based on clinically validated mechanisms for cardiovascular diseases. Milestone Pharmaceuticals operates in Canada and the United States. Apothecon Pharmaceuticals Pvt. Common shares, no par value, unlimited shares authorized, 24,559,470 shares issued at March 31, 2020 and 24,505,748 shares issued at December 31, 2019, Total liabilities and shareholders' deficit, David PittsArgot Partners212-600-1902[email protected], Cision Distribution 888-776-0942

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