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Chimerix to Report First Quarter 2021 Financial Results and Provide an Operational Update on May 6, 2021

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Chimerix (CMRX) will host a conference call on May 6, 2021, at 8:30 a.m. ET to report its Q1 2021 financial results and provide an operational update. Investors can join by calling (877) 354-4056 domestically or (678) 809-1043 internationally. The company, focused on developing drugs for cancer and serious diseases, is advancing three main clinical programs: BCV for smallpox, ONC201 for H3 K27M-mutant glioma, and DSTAT for acute myeloid leukemia and COVID-19-related lung injury. Risks associated with their drug approvals and trials were also outlined.

Positive
  • Chimerix is advancing three key clinical programs including BCV, ONC201, and DSTAT.
  • Potential regulatory approval for BCV as a smallpox treatment is under review.
Negative
  • ONC201's Phase 2 trial data may not support regulatory approval.
  • There are risks of delays or rejections in obtaining FDA approval for BCV.
  • Reliance on a sole source manufacturer for drug supply poses risks.

DURHAM, N.C., April 29, 2021 (GLOBE NEWSWIRE) -- Chimerix (NASDAQ:CMRX), a biopharmaceutical company focused on accelerating the development of medicines to treat cancer and other serious diseases, today announced that it will host a live conference call and audio webcast on Thursday, May 6, 2021 at 8:30 a.m. ET to report financial results for the first quarter ended March 31, 2021, and to provide an operational update.

To access the live conference call, please dial (877) 354-4056 (domestic) or (678) 809-1043 (international) at least five minutes prior to the start time, and refer to conference ID 5156727. A live audio webcast of the call will also be available on the Investors’ section of the Company's website, www.chimerix.com. An archived webcast will be available on the Chimerix website approximately two hours after the event.

About Chimerix

Chimerix is a development-stage biopharmaceutical company dedicated to accelerating the advancement of innovative medicines that make a meaningful impact in the lives of patients living with cancer and other serious diseases. Our three most advanced clinical-stage development programs are BCV, ONC201 and DSTAT. BCV is an antiviral drug candidate developed as a potential medical countermeasure for smallpox and is currently under review for regulatory approval in the United States. ONC201 is currently in a registrational clinical program for recurrent H3 K27M-mutant glioma and a confirmatory response rate assessment is expected later this year. DSTAT is in development as a potential first-line therapy in acute myeloid leukemia and as a potential treatment for acute lung injury in hospitalized COVID-19 patients.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Forward-looking statements include those relating to, among other things, Chimerix’s growth and development. Among the factors and risks that could cause actual results to differ materially from those indicated in the forward-looking statements are risks that the current Phase 2 clinical trial data for ONC201 will not support accelerated, or any, regulatory approval; the anticipated benefits of the acquisition of Oncoceutics may not be realized; BCV may not obtain regulatory approval from the FDA or such approval may be delayed or conditioned; risks that Chimerix will not obtain a procurement contract for BCV in smallpox in a timely manner or at all; Chimerix’s reliance on a sole source third-party manufacturer for drug supply; risks that ongoing or future trials may not be successful or replicate previous trial results, or may not be predictive of real-world results or of results in subsequent trials; risks and uncertainties relating to competitive products and technological changes that may limit demand for our drugs; risks that our drugs may be precluded from commercialization by the proprietary rights of third parties; and additional risks set forth in the Company's filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's judgment as of the date of this release. The Company disclaims, however, any intent or obligation to update these forward-looking statements.

CONTACT:

Investor Relations:        
Michelle LaSpaluto
919 972-7115
ir@chimerix.com

Will O’Connor
Stern Investor Relations
212-362-1200
will@sternir.com

Media:
David Schull
Russo Partners
858-717-2310
David.Schull@russopartnersllc.com


FAQ

When will Chimerix report its Q1 2021 financial results?

Chimerix will report its Q1 2021 financial results on May 6, 2021, at 8:30 a.m. ET.

What clinical programs is Chimerix currently developing?

Chimerix is developing BCV for smallpox, ONC201 for glioma, and DSTAT for acute myeloid leukemia and COVID-19 lung injury.

What are the risks associated with Chimerix's clinical trials?

Risks include the possibility that ONC201's trial data may not support regulatory approval and potential delays in FDA approval for BCV.

How can investors access the Chimerix conference call?

Investors can join the conference call by dialing (877) 354-4056 for domestic or (678) 809-1043 for international access.

Chimerix, Inc.

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