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Paratek Pharmaceuticals to Report Third Quarter 2020 Financial Results on November 5, 2020

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Paratek Pharmaceuticals, Inc. (Nasdaq: PRTK) is set to host a conference call on November 5, 2020, at 4:30 p.m. EST to discuss its Q3 2020 financial results and provide a corporate update. Investors can access the call via a live audio webcast on the company’s website. Paratek focuses on novel therapies for life-threatening diseases and has products like NUZYRA® and SEYSARA®, with significant collaborations in the wider China region. The company also received government support for NUZYRA's development against pulmonary anthrax.

Positive
  • The upcoming conference call may reveal potential growth metrics and strategies.
  • Collaboration with Zai Lab for NUZYRA development in the greater China region expands market reach.
  • Government contract from BARDA supports the development of NUZYRA for treating pulmonary anthrax.
Negative
  • None.

BOSTON, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Paratek Pharmaceuticals, Inc. (Nasdaq: PRTK), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel life-saving therapies for life-threatening diseases and other public health threats for civilian, government and military use, today announced the Company will host a conference call and live audio webcast on Thursday, November 5, 2020 at 4:30 p.m. EST to report its financial results for the quarter ended September 30, 2020 and provide a corporate update.

The audio webcast can be accessed under "Events and Presentations" in the Investor Relations section of the Company's website at www.ParatekPharma.com.

Domestic investors wishing to participate in the call should dial: 888-204-4368 and international investors should dial: 323-994-2093. The conference ID is 9510788. Investors can also access the call at http://public.viavid.com/index.php?id=142174.

About Paratek Pharmaceuticals, Inc.
Paratek Pharmaceuticals, Inc. is a commercial-stage biopharmaceutical company focused on the development and commercialization of novel life-saving therapies for life-threatening diseases and other public health threats for civilian, government and military use.

The company’s lead commercial product, NUZYRA® (omadacycline), is a once-daily oral and intravenous antibiotic available in the U.S. for the treatment of adults with community-acquired bacterial pneumonia and acute bacterial skin and skin structure infections. Paratek has a collaboration agreement with Zai Lab for the development and commercialization of omadacycline in the greater China region and retains all remaining global rights.

Paratek exclusively licensed U.S. rights and rights to the greater China territory for SEYSARA® (sarecycline), a once-daily oral therapy for the treatment of moderate to severe acne vulgaris, to Almirall, LLC, or Almirall. Paratek retains the development and commercialization rights for sarecycline in the rest of the world.

In 2019, Paratek was awarded a contract from the Biomedical Advanced Research and Development Authority (BARDA) to support the development of NUZYRA for the treatment of pulmonary anthrax.

For more information, visit www.ParatekPharma.com or follow @ParatekPharma on Twitter.

About NUZYRA®
NUZYRA (omadacycline) is a novel antibiotic with both once-daily oral and intravenous formulations for the treatment of community-acquired bacterial pneumonia (CABP) and acute bacterial skin and skin structure infections (ABSSSI). A modernized tetracycline, NUZYRA is specifically designed to overcome tetracycline resistance and exhibits activity across a spectrum of bacteria, including Gram-positive, Gram-negative, atypicals, and other drug-resistant strains.

Please see full Prescribing Information for NUZYRA at www.NUZYRA.com.

Forward Looking Statements
This press release contains forward-looking statements including statements related to our overall strategy, products, prospects and potential. All statements, other than statements of historical facts, included in this press release are forward-looking statements, and are identified by words such as "advancing," "expect," "look forward," "anticipate," "continue," and other words and terms of similar meaning. These forward-looking statements are based upon our current expectations and involve substantial risks and uncertainties. We may not actually achieve the plans, carry out the intentions or meet the expectations or projections disclosed in our forward-looking statements and you should not place undue reliance on these forward-looking statements. Our actual results and the timing of events could differ materially from those included in such forward-looking statements as a result of these risks and uncertainties. These and other risk factors are discussed under "Risk Factors" and elsewhere in our Annual Report on Form 10-K for the year ended December 31, 2019 and our other filings with the Securities and Exchange Commission. We expressly disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein.

CONTACT:
Investor and Media Relations:
Ben Strain
617-807-6688
ir@ParatekPharma.com

FAQ

When will Paratek Pharmaceuticals report its financial results for Q3 2020?

Paratek Pharmaceuticals will report its financial results for Q3 2020 on November 5, 2020, at 4:30 p.m. EST.

How can I access the Paratek Pharmaceuticals conference call?

The conference call can be accessed via a live audio webcast on Paratek Pharmaceuticals' website under the 'Events and Presentations' section.

What products does Paratek Pharmaceuticals focus on?

Paratek Pharmaceuticals focuses on developing novel therapies like NUZYRA® and SEYSARA® for life-threatening diseases.

What is NUZYRA and its significance to Paratek Pharmaceuticals?

NUZYRA is a novel antibiotic developed by Paratek for treating community-acquired bacterial pneumonia and acute bacterial skin infections, designed to overcome antibiotic resistance.

What collaboration does Paratek Pharmaceuticals have in developing NUZYRA?

Paratek has a collaboration agreement with Zai Lab for the development and commercialization of NUZYRA in the greater China region.

Paratek Pharmaceuticals, Inc.

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