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Chimerix to Report Fourth Quarter and Year End 2021 Financial Results and Provide an Operational Update on March 1, 2022

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Chimerix (NASDAQ:CMRX) announced a live conference call scheduled for March 1, 2022, at 8:30 a.m. ET to review its financial results for Q4 and the full year ending December 31, 2021. The call will provide insights into the company’s progress alongside a business overview. Chimerix, focused on developing therapies for deadly diseases, recently gained FDA approval for TEMBEXA, a smallpox treatment, and is advancing two clinical programs: ONC201 for glioma and DSTAT for acute myeloid leukemia.

Positive
  • FDA approval of TEMBEXA for smallpox treatment.
  • Two advanced clinical-stage programs: ONC201 for glioma and DSTAT for acute myeloid leukemia.
Negative
  • Risks regarding ONC201's regulatory approval.
  • Potential failure in Phase 3 study for DSTAT.
  • Dependence on sole-source third-party manufacturer for drug supply.

DURHAM, N.C., Feb. 22, 2022 (GLOBE NEWSWIRE) -- Chimerix (NASDAQ:CMRX), a biopharmaceutical company whose mission it is to develop medicines that meaningfully improve and extend the lives of patients facing deadly diseases, today announced that it will host a live conference call and audio webcast on Tuesday, March 1, 2022 at 8:30 a.m. ET to report financial results for the fourth quarter and full-year ended December 31, 2021, and to provide a business overview.

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 9874598. 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 biopharmaceutical company whose mission is to develop medicines that meaningfully improve and extend the lives of patients facing deadly diseases. In June 2021, the U.S. Food and Drug Administration granted approval of TEMBEXA for the treatment of smallpox as a medical countermeasure. The Company has two other advanced clinical-stage development programs, ONC201 and dociparstat sodium (DSTAT). ONC201 is in development for recurrent H3 K27M-mutant glioma as its lead indication. DSTAT is in development as a potential first-line therapy in acute myeloid leukemia.

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, results from the BICR of the 50- patient cohort of ONC201 for the treatment of recurrent H3 K27M-mutant glioma, the status of Chimerix’s oncology programs, and the manufacturing, potential benefits and government procurement of TEMBEXA. 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 pre-clinical or clinical study data for ONC201 will not support accelerated, or any, regulatory approval; the anticipated benefits of the acquisition of Oncoceutics may not be realized; the ability to generate positive results in a Phase 3 study in acute myeloid leukemia and subsequent approval for DSTAT; risks that Chimerix will not obtain a procurement contract for TEMBEXA in smallpox in a timely manner or at all; Chimerix’s current BCV manufacturing efforts may not satisfy the requirements of any procurement award; 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.

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

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


FAQ

What is the date of Chimerix's financial results call?

Chimerix's financial results call is scheduled for March 1, 2022.

What was the FDA approval announcement related to Chimerix?

Chimerix received FDA approval for TEMBEXA as a treatment for smallpox.

What clinical programs is Chimerix currently developing?

Chimerix is developing ONC201 for glioma and DSTAT for acute myeloid leukemia.

What are the risks mentioned in Chimerix's press release?

Risks include potential failure in clinical trials and dependence on third-party manufacturers.

When was TEMBEXA approved by the FDA?

TEMBEXA was approved by the FDA in June 2021.

Chimerix, Inc.

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DURHAM