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Atea Pharmaceuticals to Present at the Jefferies Healthcare Conference

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Rhea-AI Summary

Atea Pharmaceuticals (Nasdaq: AVIR), a clinical-stage biopharmaceutical firm focused on developing oral antiviral treatments for severe viral diseases, announced that CEO and Founder Jean-Pierre Sommadossi, PhD, will present a business update at the Jefferies Healthcare Conference. The presentation is scheduled for June 5, 2024, at 10:30 a.m. ET in New York. Both a live and archived webcast of the presentation will be accessible on Atea's website.

Positive
  • Atea Pharmaceuticals has a presence at a notable industry event, the Jefferies Healthcare Conference.
  • The presentation provides an opportunity for Atea to update investors and stakeholders on business developments.
  • Availability of a live webcast increases accessibility for investors unable to attend the event in person.
  • Archived webcast ensures long-term accessibility for those who want to review the company's business update.
Negative
  • The press release lacks specific details about the content of the business update, leaving investors uncertain about the potential impact.
  • No new financial or clinical data was disclosed in the announcement, limiting its immediate significance for stock performance.
  • The presentation date is relatively close, offering time for pre-event investor engagement and analysis.

BOSTON, May 29, 2024 (GLOBE NEWSWIRE) -- Atea Pharmaceuticals, Inc. (Nasdaq: AVIR) (“Atea”), a clinical-stage biopharmaceutical company engaged in the discovery and development of oral antiviral therapeutics for serious viral diseases, today announced that Jean-Pierre Sommadossi, PhD, Chief Executive Officer and Founder of Atea, will present a business update at the Jefferies Healthcare Conference on Wednesday, June 5, 2024 at 10:30 a.m. ET in New York.

A live webcast of the presentation will be available here and on the Company’s website at https://ir.ateapharma.com/. An archived webcast will be available on Atea’s website for at least 90 days following the event.

About Atea

Atea is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing oral antiviral therapies to address the unmet medical needs of patients with serious viral infections. Leveraging the Company’s deep understanding of antiviral drug development, nucleos(t)ide chemistry, biology, biochemistry and virology, Atea has built a proprietary nucleos(t)ide prodrug platform to develop novel product candidates to treat single stranded ribonucleic acid, or ssRNA, viruses, which are a prevalent cause of serious viral diseases. Atea plans to continue to build its pipeline of antiviral product candidates by augmenting its nucleos(t)ide platform with other classes of antivirals that may be used in combination with its nucleos(t)ide product candidates. Currently, Atea is focused on the development of orally-available antiviral agents for severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), the virus that causes COVID-19, and hepatitis C virus (HCV). For more information, please visit www.ateapharma.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include but are not limited to the anticipated date and time of the Company’s presentation at the conference. When used herein, words including “expects,” “may,” “will,” “anticipates,” “plans,” and similar expressions are intended to identify forward-looking statements. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking. All forward-looking statements are based upon the Company’s current expectations and various assumptions. The Company believes there is a reasonable basis for its expectations and beliefs, but they are inherently uncertain. The Company may not realize its expectations, and its beliefs may not prove correct. Actual results could differ materially from those described or implied by such forward-looking statements as a result of various important factors, including, without limitation, the important factors discussed and updated from time to time under the caption “Risk Factors” in the reports the Company files with the SEC, including annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and other filings each of which are accessible on the SEC’s website at www.sec.gov. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While the Company may elect to update such forward-looking statements at some point in the future, except as required by law, it disclaims any obligation to do so, even if subsequent events cause our views to change. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this press release.

Contacts

Jonae Barnes
SVP, Investor Relations and Corporate Communications
617-818-2985
Barnes.jonae@ateapharma.com

Will O’Connor
Precision AQ
212-362-1200
will.oconnor@precisionaq.com


FAQ

When will Atea Pharmaceuticals present at the Jefferies Healthcare Conference?

Atea Pharmaceuticals will present on June 5, 2024, at 10:30 a.m. ET.

Where can I watch the Atea Pharmaceuticals presentation at the Jefferies Healthcare Conference?

You can watch the live and archived webcast of the presentation on Atea's website.

Who will present the business update for Atea Pharmaceuticals at the Jefferies Healthcare Conference?

Jean-Pierre Sommadossi, PhD, the CEO and Founder of Atea Pharmaceuticals, will present the business update.

What is the stock symbol for Atea Pharmaceuticals?

The stock symbol for Atea Pharmaceuticals is AVIR.

Atea Pharmaceuticals, Inc.

NASDAQ:AVIR

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Biotechnology
Pharmaceutical Preparations
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United States of America
BOSTON