Ampion Phase I COVID-19 Patient Trial Results Featured on FOX News (Video)

Rhea-AI Summary

Ampio Pharmaceuticals, Inc. (NYSE American: AMPE) announced the completion of a Phase I trial for intravenous Ampion™ targeting COVID-19 patients, led by Dr. Michael Roshon from Penrose-St. Francis Hospital. The trial results were featured in a FOX news segment titled "Colorado Drug shows promise against COVID-19". Ampion is being developed to address prevalent inflammatory conditions with limited treatment options, boasting a strong patent portfolio and potential FDA exclusivity upon approval. For more details, view the full news segment at kdvr.com.

Positive

• Completion of Phase I trial for intravenous Ampion targeting COVID-19 patients.
• Featured on FOX news, which may enhance visibility and interest in the drug.
• Strong patent portfolio with protection extending through 2032.
• Potential for 12-year FDA market exclusivity as a novel biologic upon approval.

Negative

• None.

ENGLEWOOD, Colo., Sept. 14, 2020 /PRNewswire/ -- Ampio Pharmaceuticals, Inc. (NYSE American: AMPE), a biopharmaceutical company focused on the advancement of immunology-based therapies for prevalent inflammatory conditions, today announced that Michael Roshon, MD, PhD, Chief of Staff at Penrose-St. Francis Hospital in Colorado Springs, Colorado, who served as Principal Investigator of the just completed Phase I trial of intravenous Ampion™ for treatment of COVID-19 patients, and David Bar-Or, MD, founder of Ampio Pharmaceuticals, were interviewed about those clinical results on a Colorado affiliate FOX news segment titled, "Colorado Drug shows promise against COVID-19", which can be viewed in its entirety at:

https://kdvr.com/video/colorado-drug-shows-promise-against-covid-19/5844056/

About Ampio Pharmaceuticals

Ampio Pharmaceuticals, Inc. is a development stage biopharmaceutical company primarily focused on the development of Ampion, our product candidate, to treat prevalent inflammatory conditions for which there are limited treatment options. Ampio's lead drug, Ampion™, is backed by an extensive patent portfolio with intellectual property protection extending through 2032, and will be eligible for 12-year FDA market exclusivity upon approval as a novel biologic under the biologics price competition and innovation act ("BPCIA").                                                        

Forward-Looking Statements

Ampio's statements in this press release that are not historical fact, and that relate to future plans or events, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as "believe," "expect," "plan," "anticipate," and similar expressions. These forward-looking statements include statements regarding Ampio's expectations with respect to Ampion and its classification, as well as those associated with regulatory approvals and other FDA decisions, the Biological License Application ("BLA"), the ability of Ampio to enter  into partnering arrangements,  clinical trials and decisions and changes in business conditions and similar events, the ability to receive regulatory approval to conduct clinical trials, that Ampion may be used to treat ARDS induced by COVID-19, all of which are inherently subject to various risks and uncertainties. The risks and uncertainties involved include those detailed from time to time in Ampio's filings with the Securities and Exchange Commission, including without limitation, under Ampio's Annual Report on Form 10-K and other documents filed with the Securities and Exchange Commission. Ampio undertakes no obligation to revise or update these forward-looking statements, whether as a result of new information, future events or otherwise.

Company Contact
Dan Stokely, CFO
Phone: (720) 437-6500
info@ampiopharma.com 
Ampio Pharmaceuticals, Inc.

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SOURCE Ampio Pharmaceuticals, Inc.

FAQ

What are the latest results from Ampio Pharmaceuticals' Phase I trial for Ampion?

The Phase I trial for intravenous Ampion, targeting COVID-19 patients, has been completed, with results discussed in a FOX news segment.

Where can I watch the FOX news segment about Ampio Pharmaceuticals' trial results?

The FOX news segment titled "Colorado Drug shows promise against COVID-19" can be viewed at kdvr.com.

What is the significance of the patent portfolio for Ampion by Ampio Pharmaceuticals?

Ampio has a robust patent portfolio protecting Ampion until 2032, which may enhance its market position upon approval.

What market exclusivity can Ampion potentially achieve?

Ampion may be eligible for 12-year FDA market exclusivity under the biologics price competition and innovation act if approved.