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Baudax Bio to Report Second Quarter 2021 Financial Results and Host Conference Call and Webcast on August 5, 2021

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Baudax Bio, Inc. (NASDAQ:BXRX) will report its second quarter 2021 financial results on August 5, 2021. The management will conduct a conference call at 8:00 a.m. ET to discuss these results and recent operational highlights. Baudax Bio's product ANJESO® is the first intravenous NSAID for managing moderate to severe pain, with a pipeline including novel neuromuscular blocking agents. The company faces risks including the impact of COVID-19 on ANJESO's commercial launch and manufacturing capabilities.

Positive
  • ANJESO® is the first 24-hour IV COX-2 preferential NSAID for managing moderate to severe pain.
  • Baudax Bio has a pipeline including innovative neuromuscular blocking agents.
Negative
  • Risks related to COVID-19 could adversely impact ANJESO's commercial launch.
  • Potential challenges in scaling up commercial manufacturing for ANJESO.

MALVERN, Pa., July 29, 2021 (GLOBE NEWSWIRE) -- Baudax Bio, Inc. (NASDAQ:BXRX) a pharmaceutical company focused on developing and commercializing innovative products for acute care settings, today announced that it will report second quarter 2021 financial results on Thursday, August 5, 2021. Baudax Bio’s management team will host a conference call and webcast at 8:00 a.m. ET on Thursday, August 5, 2021 to discuss the financial results and recent operational highlights.

To access the conference call please dial (866) 220-5595 (local) or (615) 622-8062 (international) at least 10 minutes prior to the start time and refer to conference ID 5791175. A live audio webcast of the call will be available under “Events” in the Investor section of the Company’s website, https://www.baudaxbio.com/news-and-investors/events. An archived webcast will be available on the Company’s website approximately two hours after the event and will be available for 30 days.

About Baudax Bio

Baudax Bio is a pharmaceutical company focused on developing and commercializing innovative products for acute care settings. Baudax Bio’s first commercial product ANJESO® is the first and only 24-hour, intravenous (IV) COX-2 preferential non-steroidal anti-inflammatory (NSAID) for the management of moderate to severe pain. In addition to ANJESO, Baudax Bio has a pipeline of other innovative pharmaceutical assets including two novel neuromuscular blocking agents (NMBAs) and a proprietary chemical reversal agent specific to these NMBAs which is currently in preclinical studies. For more information, please visit www.baudaxbio.com.

Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. Such forward-looking statements reflect Baudax Bio’s expectations about its future performance and opportunities that involve substantial risks and uncertainties. When used herein, the words “anticipate,” “believe,” “estimate,” “may,” “upcoming,” “plan,” “target,” “goal,” “intend,” and “expect,” and similar expressions, as they relate to Baudax Bio or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information available to Baudax Bio as of the date of publication on this internet site and are subject to a number of risks, uncertainties, and other factors that could cause Baudax Bio’s performance to differ materially from those expressed in, or implied by, these forward-looking statements. These risks and uncertainties include, among other things, risks related to the ongoing economic and social consequences of the COVID-19 pandemic, including any adverse impact on the commercial launch of ANJESO® or disruption in supply chain, Baudax Bio’s ability to maintain regulatory approval for ANJESO, Baudax Bio’s ability to successfully commercialize ANJESO; the acceptance of ANJESO by the medical community, including physicians, patients, health care providers and hospital formularies; Baudax Bio’s ability and that of Baudax Bio’s third party manufacturers to successfully scale-up the commercial manufacturing process for ANJESO, Baudax Bio’s ability to produce commercial supply in quantities and quality sufficient to satisfy market demand for ANJESO, Baudax Bio’s ability to raise future financing for continued product development, payment of milestones and ANJESO commercialization, Baudax Bio’s ability to pay its debt and satisfy conditions necessary to access future tranches of debt, Baudax Bio’s ability to comply with the financial and other covenants under its credit facility, Baudax Bio’s ability to manage costs and execute on its operational and budget plans, the accuracy of Baudax Bio’s estimates of the potential market for ANJESO, Baudax Bio’s ability to achieve its financial goals; and Baudax Bio’s ability to obtain, maintain and successfully enforce adequate patent and other intellectual property protection. These forward-looking statements should be considered together with the risks and uncertainties that may affect Baudax Bio’s business and future results included in Baudax Bio’s filings with the Securities and Exchange Commission at www.sec.gov. These forward-looking statements are based on information currently available to Baudax Bio, and Baudax Bio assumes no obligation to update any forward-looking statements except as required by applicable law.

CONTACT:

Investor Relations Contact:

Argot Partners
Sam Martin / Claudia Styslinger
(212) 600-1902
baudaxbio@argotpartners.com

Media Contact:

Argot Partners
David Rosen
(212) 600-1902
david.rosen@argotpartners.com


FAQ

When will Baudax Bio report its second quarter 2021 financial results?

Baudax Bio will report its second quarter 2021 financial results on August 5, 2021.

What is the conference call schedule for Baudax Bio regarding its financial results?

The conference call is scheduled for 8:00 a.m. ET on August 5, 2021.

What product does Baudax Bio offer for pain management?

Baudax Bio offers ANJESO®, the first 24-hour intravenous COX-2 preferential NSAID.

What are the potential risks affecting Baudax Bio?

Risks include the impact of COVID-19 on commercial launch and manufacturing capabilities.

Baudax Bio, Inc.

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Biotechnology
Healthcare
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United States
Malvern