2020-11-05 09:16:32 BLPH Bellerophon
11/05/20 11/0509:16 11/05/2009:16 | Bellerophon reports Q3 EPS (84c), consensus (83c)"Bellerophon continues to advance multiple development programs for its INOpulse inhaled nitric oxide therapy," said Fabian Tenenbaum, Chief Executive Officer of Bellerophon. "We are pleased with the rate of enrollment in our ongoing COViNOX Phase 3 clinical trial of INOpulse for the treatment of COVID-19. The results of a planned interim analysis are expected shortly, as the first 100 patients have now completed their 28-day assessment period. In support of our development and manufacturing plans in COVID-19, we have applied for government funding and are in discussions with a number of federal agencies, including Operation Warp Speed. In our pivotal Phase 3 REBUILD trial for fibrotic interstitial lung disease (fILD) patients at risk of associated pulmonary hypertension, we initiated the first clinical research sites, allowing us to begin patient enrollment," continued Mr. Tenenbaum. "The Phase 3 trial builds upon our successful Phase 2 studies, and we look forward to presenting both our Phase 2 results and the design of our Phase 3 REBUILD trial this week at the American Thoracic Society Interstitial Lung Disease Mini Symposia and the Pulmonary Fibrosis Foundation Meeting. Moreover, we continue to operate from a position of financial strength. Importantly, our current balance sheet provides us with the resources to progress our INOpulse development program through upcoming near-term catalysts and top-line results from the Phase 3 REBUILD trial," concluded Mr. Tenenbaum. |
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