STOCK TITAN

Avadel Pharmaceuticals to Report Third Quarter 2020 Financial Results on November 9th

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
conferences earnings
Rhea-AI Summary

Avadel Pharmaceuticals (Nasdaq: AVDL) will host a conference call on November 9, 2020, at 8:30 a.m. ET to discuss its Q3 2020 financial results and corporate updates. The call will provide insights into the development of FT218, a once-nightly sodium oxybate formulation for narcolepsy. Investors can access the call via phone or through a live audio webcast available on Avadel's investor relations website. A replay will be available for 90 days following the event.

Positive
  • Upcoming conference call for Q3 2020 results may provide insight into company performance and strategy.
Negative
  • Forward-looking statements highlight risks in filing the NDA for FT218 and potential delays in FDA approval.

DUBLIN, Ireland, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Avadel Pharmaceuticals plc (Nasdaq: AVDL), a company focused on developing FT218, an investigational, once-nightly formulation of sodium oxybate designed to treat excessive daytime sleepiness and cataplexy in patients with narcolepsy, announced today that it will host a conference call and live webcast at 8:30 a.m. ET on Monday, November 9, 2020, to provide a corporate update and discuss the Company's financial results for the third quarter ended September 30, 2020.

To access the conference call, investors are invited to dial 877-407-9716 (U.S. and Canada) or 201-493-6779 (international). The conference ID number is 13712485. A live audio webcast can be accessed by visiting the investor relations section of the Company’s website, www.avadel.com. A replay of the webcast will be archived on Avadel’s website for 90 days following the event.

About Avadel Pharmaceuticals plc:
Avadel Pharmaceuticals plc (Nasdaq: AVDL) is an emerging biopharmaceutical company. The Company’s primary focus is the development and FDA approval of FT218, an investigational, once-nightly formulation of sodium oxybate designed to treat excessive daytime sleepiness and cataplexy in patients with narcolepsy. For more information, please visit www.avadel.com.

Cautionary Disclosure Regarding Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements relate to our future expectations, beliefs, plans, strategies, objectives, results, conditions, financial performance, prospects, or other events. Such forward-looking statements include, but are not limited to, the planned submission of the FT218 NDA to the FDA and commercial launch of FT218, if approved. In some cases, forward-looking statements can be identified by the use of words such as “will,” “may,” “could,” “believe,” “expect,” “look forward,” “on track,” “guidance,” “anticipate,” “estimate,” “project,” “next steps” and similar expressions, and the negatives thereof (if applicable).

Our forward-looking statements are based on estimates and assumptions that are made within the bounds of our knowledge of our business and operations and that we consider reasonable. However, our business and operations are subject to significant risks, and, as a result, there can be no assurance that actual results (including, without limitation, the continued advancement and development of FT218 and potential benefits and cost savings from the sale of our sterile injectible products) and the results of our business and operations will not differ materially from the results contemplated in such forward-looking statements. Factors that could cause actual results to differ from expectations in our forward-looking statements include the risk that we do not file the NDA for FT218 on a timely basis or at all, the risk that the FDA does accept such NDA or does not approve FT218, and the risk that the impact of the current COVID-19 pandemic on our financial results and results of operations could be greater than we anticipate and the risks and uncertainties described in the “Risk Factors” section of Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2019, which we filed with the Securities and Exchange Commission (SEC) on March 16, 2020 and subsequent SEC filings.

Forward-looking statements speak only as of the date they are made and are not guarantees of future performance. Accordingly, you should not place undue reliance on forward-looking statements. We do not undertake any obligation to publicly update or revise our forward-looking statements, except as required by law.

Contacts:

Investor Contacts
Tom McHugh
Chief Financial Officer
Phone: (636) 449-1843
Email: tmchugh@avadel.com          

Tim McCarthy
LifeSci Advisors, LLC
Phone: (212) 915.2564
Email: tim@lifesciadvisors.com

Media Contact
Patrick Bursey
LifeSci Communications, LLC
Phone: (646) 970-4688
Email: pbursey@lifescicomms.com

FAQ

What is Avadel Pharmaceuticals planning to discuss in the November 9, 2020 conference call?

Avadel Pharmaceuticals will discuss its Q3 2020 financial results and provide a corporate update regarding FT218.

What is the significance of FT218 for Avadel Pharmaceuticals?

FT218 is an investigational treatment aimed at addressing excessive daytime sleepiness and cataplexy in narcolepsy, central to Avadel's business strategy.

When will Avadel Pharmaceuticals announce its Q3 2020 financial results?

Avadel Pharmaceuticals will announce its Q3 2020 financial results during the conference call on November 9, 2020.

How can investors access the Avadel Pharmaceuticals conference call?

Investors can access the conference call by dialing 877-407-9716 (U.S. and Canada) or 201-493-6779 (international).

What risks are associated with Avadel Pharmaceuticals' forward-looking statements?

Risks include potential delays in filing the NDA for FT218 and uncertainties regarding FDA acceptance and approval.

Avadel Pharmaceuticals plc Ordinary Share

NASDAQ:AVDL

AVDL Rankings

AVDL Latest News

AVDL Stock Data

980.48M
91.76M
4.77%
80.29%
9.15%
Drug Manufacturers - Specialty & Generic
Pharmaceutical Preparations
Link
United States of America
DUBLIN