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180 Life Sciences Corp. to Ring Nasdaq Opening Bell on November 27, 2020

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180 Life Sciences Corp. (NASDAQ: ATNF) announced its Nasdaq opening bell ceremony on November 27, 2020, celebrating its recent IPO. CEO Dr. James Woody and the team will participate virtually, emphasizing the company's focus on developing novel drugs for inflammatory diseases, fibrosis, and pain. The lead program is in Phase 2b/3 trials, leveraging expertise from renowned institutions. This milestone marks the company's transition to public status, showcasing its commitment to addressing unmet medical needs.

Positive
  • Successful completion of the IPO, enabling access to capital for research and development.
  • Lead program in Phase 2b/3 clinical trials, indicating progress in drug development.
Negative
  • None.

MENLO PARK, Calif., Nov. 24, 2020 (GLOBE NEWSWIRE) -- 180 Life Sciences Corp. (NASDAQ: ATNF) (180 Life Sciences or the "Company"), a clinical-stage biotechnology company with its lead indication in Phase 2b/3, focused on the development of novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain, today announced that it will ring the Nasdaq Stock Exchange opening bell on November 27, 2020, in celebration of its recently completed initial public offering.

Dr. James Woody, CEO of 180 Life Sciences, will be joined by members of the 180 Life Sciences team for the virtual ceremony, which will begin at approximately 9:20 am Eastern Time, and can be viewed live at https://livestream.com/nasdaq/live and on the Nasdaq MarketSite Tower in Times Square, at 43rd Street and Broadway, New York, NY. The bell ringing will take place at 9:30am Eastern Time, signifying the start of the day’s trading session. 

Dr. James Woody commented, “I am honored to be ringing the Nasdaq opening bell on behalf of everyone at 180 Life Sciences. We are on a mission to develop novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain by leveraging the combined expertise of luminaries in therapeutics from Oxford University, the Hebrew University and Stanford University. We are thrilled to mark the significant milestone of becoming a public company with a bell ringing ceremony and look forward to celebrating future milestones with our public shareholders.”

180 Life Sciences is leading the research into solving one of the world’s biggest drivers of disease – inflammation. The company is driving groundbreaking studies into clinical programs, which are seeking to develop novel drugs addressing separate areas of inflammation for which there are no effective therapies. The company’s primary platform is a novel program to treat fibrosis and inflammation using anti-TNF, with its lead program in phase 2b/3 clinical trial.

About 180 Life Sciences Corp.

180 Life Sciences Corp. is a clinical-stage biotechnology company focused on the development of novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain by leveraging the combined expertise of luminaries in therapeutics from Oxford University, the Hebrew University and Stanford University. 180 Life Sciences is leading the research into solving one of the world’s biggest drivers of disease – inflammation. The Company is driving groundbreaking studies into clinical programs, which are seeking to develop novel drugs addressing separate areas of inflammation for which there are no effective therapies. The Company’s primary platform is a novel program to treat fibrosis using anti-TNF (tumor necrosis factor), with its lead program in phase 2b/3 clinical trials.

Forward-Looking Statements

This press release includes "forward-looking statements", including information about management’s view of the Company’s future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995 (the “Act”). Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation, statements relating to the continued listing of the Company on The NASDAQ Stock Market; expectations regarding the capitalization, resources and ownership structure of the Company; expectations with respect to future performance, growth and anticipated acquisitions; the ability of the Company to execute its plans to develop and market new drug products and the timing and costs of these development programs; estimates of the size of the markets for its potential drug products; potential litigation involving the Company or the validity or enforceability of the intellectual property of the Company; global economic conditions; geopolitical events and regulatory changes; access to additional financing, and the potential lack of such financing; and the Company’s ability to raise funding in the future and the terms of such funding. These risk factors and others are included from time to time in documents the Company files with the Securities and Exchange Commission, including, but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks, as well as in the definitive proxy statement/prospectus that the Company filed in connection with the recent merger. These reports and filings are available at www.sec.gov. All subsequent written and oral forward-looking statements concerning the Company, the transactions described herein or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The forward-looking statements included in this press release are made only as of the date hereof. The Company cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, except as otherwise provided by law.

Investors:

Jason Assad
Director of IR
180 Life Sciences Corp
678-570-6791
Jason@180lifesciences.com

Media Relations:

David Schull
David.Schull@russopartnersllc.com
(212) 845-4271

Eric Ando
Eric.Ando@russopartnersllc.com  
(646) 218-4604


FAQ

What is the significance of 180 Life Sciences ringing the Nasdaq opening bell?

The ceremony on November 27, 2020, celebrates 180 Life Sciences' transition to a public company following its IPO.

What are the current clinical trial phases for 180 Life Sciences' lead program?

The lead program is currently in Phase 2b/3 clinical trials.

What areas is 180 Life Sciences focusing on for drug development?

180 Life Sciences is focused on developing novel drugs for inflammatory diseases, fibrosis, and pain.

When will the Nasdaq opening bell ceremony take place?

The ceremony will take place at 9:30 am Eastern Time on November 27, 2020.

What is the stock symbol for 180 Life Sciences?

The stock symbol for 180 Life Sciences is ATNF.

180 Life Sciences Corp.

NASDAQ:ATNF

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