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Forte Biosciences, Inc. to Announce First Quarter 2021 Results and Provide a General Business Update

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Forte Biosciences, Inc. (NASDAQ: FBRX) will disclose its first quarter 2021 results and provide a business update on May 10, 2021. The conference call will take place at 4:30 PM Eastern Time, accessible via phone or webcast. Forte is focused on developing FB-401, a live biotherapeutic for treating inflammatory skin diseases, particularly atopic dermatitis. A Phase 1/2a study has shown promising safety and efficacy across age groups. However, the company notes the potential risks associated with clinical development and obtaining necessary capital.

Positive
  • Compelling safety and activity demonstrated in Phase 1/2a study of FB-401.
  • Initiated multi-center clinical trial of FB-401 for atopic dermatitis with pediatric and adult subjects.
Negative
  • Risks related to obtaining sufficient capital for product development.
  • Potential delays in clinical trial commencement and completion.
  • Uncertainty regarding final clinical outcomes based on interim results.
  • Possible unforeseen adverse reactions during product testing.

Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a clinical-stage biopharmaceutical company, will be providing first quarter 2021 results and a general business update on May 10, 2021.

Conference Call and Webcast Information

Forte management will host a conference call and webcast on Monday, May 10th at 4.30 PM Eastern Time. Participants may access the call by dialing 877-705-6003 (Domestic) or 201-493-6725 (International). The conference ID number is: 13719507.

Participants may also access the webcast through the following link: http://public.viavid.com/index.php?id=144805

A replay of the call will be available through May 17th from the investor relations section of Forte’s website at https://www.fortebiorx.com/ or through the following link: http://public.viavid.com/index.php?id=144805

About Forte

Forte Biosciences, Inc. is a clinical-stage, biopharmaceutical company developing a live biotherapeutic, FB-401, for the treatment of inflammatory skin diseases. There is a significant unmet need for safe and effective therapies particularly for pediatric atopic dermatitis (“AD”) patients. To date, a Phase 1/2a study has been completed with pediatric and adult patients 3 years of age and older, demonstrating compelling safety and activity in patients with mild, moderate and severe disease, across age groups including pediatrics and adults, and across key endpoints.

In September 2020, Forte initiated a multi-center, placebo-controlled clinical trial of FB-401 which has enrolled pediatric, adolescent and adult AD subjects aged 2 years of age and older. Additional information about our Phase 2 trial can be found at ClinicalTrials.gov using the identifier NCT04504279.

Forward Looking Statements

Forte cautions you that statements included in this press release that are not a description of historical facts are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negatives of these terms or other similar expressions. These statements are based on the Company’s current beliefs and expectations. Forward looking statements include statements regarding Forte’s beliefs, goals, intentions and expectations regarding the potential impact of Fast Track designation to accelerate development and approval of FB-401 and achieve potential clinical development milestones in the future and the Phase 2 trial of FB-401. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation: risks related to Forte’s ability to obtain sufficient additional capital to continue to advance Forte’s product candidates and preclinical programs; uncertainties associated with the clinical development and regulatory approval of Forte’s product candidates, including potential delays in the commencement, enrollment and completion of clinical trials; the risk that interim results of clinical trials do not necessarily predict final results and that one or more of the clinical outcomes may materially change as patient enrollment continues, following more comprehensive reviews of the data, and as more patient data become available; the risk that unforeseen adverse reactions or side effects may occur in the course of developing and testing product candidates; risks associated with the failure to realize any value from product candidates and preclinical programs being developed and anticipated to be developed in light of inherent risks and difficulties involved in successfully bringing product candidates to market; and risks related to the impact of the COVID-19 outbreak on Forte’s operations, the biotechnology industry and the economy generally. Information on these and additional risks, uncertainties, and other information affecting Forte's business and operating results is contained in Forte’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 as filed with the Securities and Exchange Commission on May 10, 2021 and in its other filings with the Securities and Exchange Commission. All forward-looking statements in this press release are current only as of the date hereof and, except as required by applicable law, Forte undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. All forward-looking statements are qualified in their entirety by this cautionary statement. This caution is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Source: Forte Biosciences, Inc.

FAQ

When will Forte Biosciences announce its first quarter 2021 results?

Forte Biosciences will announce its first quarter 2021 results on May 10, 2021.

What is the main focus of Forte Biosciences?

Forte Biosciences is focused on developing FB-401 for treating inflammatory skin diseases, particularly atopic dermatitis.

What are the details of the conference call for Forte Biosciences?

The conference call will be held on May 10, 2021, at 4:30 PM Eastern Time.

What are the risks mentioned in the Forte Biosciences press release?

The risks include obtaining sufficient capital, potential delays in clinical trials, and unforeseen adverse reactions during product development.

Where can I access the webcast for the Forte Biosciences conference call?

The webcast can be accessed through Forte's investor relations section on their website.

Forte Biosciences, Inc.

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