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Caladrius Biosciences to Host Second Quarter 2020 Financial Results Conference Call on Thursday, August 13, 2020

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Caladrius Biosciences, Inc. (Nasdaq: CLBS) announced it will report its financial results for the second quarter of 2020 on August 13, 2020. The conference call for investors is scheduled for 4:30 p.m. ET on the same day to discuss results and provide business updates. Caladrius is focused on cellular therapies aimed at reversing diseases, with ongoing projects including CLBS119 for severe COVID-19 lung damage and CLBS12, CLBS16, and CLBS14 for ischemic diseases. These candidates are at various stages, with promising clinical trials underway.

Positive
  • Clinical trial for CLBS119 targeting COVID-19 lung damage to start soon.
  • CLBS12 received SAKIGAKE designation for potential early approval in Japan.
  • CLBS16 successfully completed a positive Phase 2 trial for CMD.
  • CLBS14 has finalized Phase 3 trial protocol with FDA for angina treatment.
Negative
  • None.

BASKING RIDGE, N.J., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Caladrius Biosciences, Inc. (Nasdaq: CLBS) (“Caladrius” or the “Company”), a clinical-stage biopharmaceutical company dedicated to the development of cellular therapies designed to reverse, not simply manage, disease, today announced that it will report financial results for the three and six months ended June 30, 2020 after the close of the U.S. financial markets on Thursday, August 13, 2020.

Caladrius management will host a conference call for investors beginning at 4:30 p.m. (ET) on Thursday, August 13, 2020 to discuss the financial results and provide a business update.

Shareholders and other interested parties may participate in the conference call by dialing 866-595-8403 (domestic) or 706-758-9979 (international) and referencing conference ID number 2093833. The conference call will also be webcast live under the Investors section on the Company's website at www.caladrius.com.

For those unable to participate in the live conference call, a replay will be accessible approximately two hours after its completion through August 20, 2020, by dialing 855-859-2056 (domestic) or 404-537-3406 (international) and referencing conference ID number 2093833. A webcast audio recording of the call will also be archived for 90 days under the Investors section of the Company’s website at www.caladrius.com.

About Caladrius Biosciences

Caladrius Biosciences, Inc. is a clinical-stage biopharmaceutical company dedicated to the development of cellular therapies designed to reverse, not manage, disease. We are developing a first- in-class cell therapy product that is based on the notion that our body contains finely tuned mechanisms for self-repair. Our technology leverages and enables these mechanisms in the form of specific cells, using formulations and modes of delivery unique to each medical indication.

The Company's current product candidates include CLBS119, a CD34+ cell therapy product candidate for the repair of lung damage found in patients with severe COVID-19 infection who experienced respiratory failure, for which the Company plans to initiate a clinical trial in the coming months, as well as three developmental treatments for ischemic diseases based on its CD34+ cell therapy platform: CLBS12, recipient of SAKIGAKE designation and eligible for early conditional approval in Japan for the treatment of critical limb ischemia ("CLI") based on the results of an ongoing clinical trial; CLBS16, the subject of a recently completed positive Phase 2 clinical trial in the U.S. for the treatment of coronary microvascular dysfunction ("CMD"); and CLBS14, a Regenerative Medicine Advanced Therapy ("RMAT") designated therapy for which the Company has finalized with the U.S. Food and Drug Administration (the "FDA") a protocol for a Phase 3 confirmatory trial in subjects with no-option refractory disabling angina ("NORDA"). For more information on the company, please visit www.caladrius.com.

Contact:

Investors:
Caladrius Biosciences, Inc.
John Menditto
Vice President, Investor Relations and Corporate Communications
Phone: +1-908-842-0084
Email: jmenditto@caladrius.com 

Media:
W2O Group
Christiana Pascale
Phone: +1-212-257-6722
Email: cpascale@w2ogroup.com


FAQ

When will Caladrius report its Q2 2020 financial results?

Caladrius will report its financial results for the second quarter of 2020 on August 13, 2020.

What is the purpose of the conference call on August 13, 2020?

The conference call will discuss the financial results and provide a business update.

What are the main product candidates of Caladrius?

Caladrius has several product candidates including CLBS119 for COVID-19, CLBS12, CLBS16, and CLBS14 for ischemic diseases.

What is the significance of the SAKIGAKE designation for CLBS12?

The SAKIGAKE designation allows for the possibility of early conditional approval in Japan for CLBS12.

How can investors participate in the Caladrius conference call?

Investors can join the conference call by dialing 866-595-8403 (domestic) or 706-758-9979 (international) and using conference ID number 2093833.

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