Rigel Announces Conference Call and Webcast to Report Second Quarter 2022 Financial Results and Business Update

Rhea-AI Summary

Rigel Pharmaceuticals (Nasdaq: RIGL) will announce its Q2 2022 financial results on August 2, 2022, after market close. Senior management will host a conference call at 4:30 PM ET to discuss results and provide a business update. Rigel specializes in developing small molecule drugs for hematologic disorders, cancer, and rare immune diseases. Its product TAVALISSE^® is the only oral SYK inhibitor approved for chronic immune thrombocytopenia. Ongoing clinical trials include treatments for autoimmune hemolytic anemia and COVID-19.

Positive

• Rigel's first FDA approved product, TAVALISSE^®, is commercially viable in multiple regions.
• Ongoing Phase 3 trials for Fostamatinib, indicating robust pipeline potential.

Negative

• None.

SOUTH SAN FRANCISCO, Calif., July 26, 2022 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced that it will report its second quarter 2022 financial results after market close on Tuesday, August 2, 2022. Rigel senior management will follow the announcement with a live conference call and webcast at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss the financial results and give an update on the business.

Participants can access the live conference call by dialing 877-407-3088 (domestic) or 201-389-0927 (international). The conference call and accompanying slides will also be webcast live and can be accessed from the Investor Relations section of the company's website at www.rigel.com. The webcast will be archived and available for replay for 90 days after the call via the Rigel website.

About Rigel
Rigel Pharmaceuticals, Inc., is a biotechnology company dedicated to discovering, developing and providing novel small molecule drugs that significantly improve the lives of patients with hematologic disorders, cancer and rare immune diseases. Rigel's pioneering research focuses on signaling pathways that are critical to disease mechanisms. The company's first FDA approved product is TAVALISSE^® (fostamatinib disodium hexahydrate) tablets, the only oral spleen tyrosine kinase (SYK) inhibitor for the treatment of adult patients with chronic immune thrombocytopenia who have had an insufficient response to a previous treatment. The product is also commercially available in Europe, the United Kingdom (TAVLESSE) and Canada (TAVALISSE) for the treatment of chronic immune thrombocytopenia in adult patients. 

Fostamatinib is currently being studied in a Phase 3 clinical trial (NCT03764618) for the treatment of warm autoimmune hemolytic anemia (wAIHA)¹; a Phase 3 clinical trial (NCT04629703) for the treatment of hospitalized high-risk patients with COVID-19¹; and an NIH/NHLBI-sponsored Phase 3 clinical trial (ACTIV-4 Host Tissue Trial, NCT04924660) for the treatment of COVID-19 in hospitalized patients.

Rigel's other clinical programs include its interleukin receptor-associated kinase (IRAK) inhibitor program, and a receptor-interacting serine/threonine-protein kinase (RIPK) inhibitor program in clinical development with partner Eli Lilly and Company. In addition, Rigel has product candidates in development with partners BerGenBio ASA and Daiichi Sankyo. 

For further information, visit www.rigel.com or follow us on Twitter or LinkedIn. 

Please see www.TAVALISSE.com for the full Prescribing Information.

¹The product for this use or indication is investigational and has not been proven safe or effective by any regulatory authority.

Investor Contact:
Jodi Sievers
Rigel Pharmaceuticals, Inc.
Phone: 650.624.1232
Email: ir@rigel.com

 

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SOURCE Rigel Pharmaceuticals, Inc.

FAQ

When will Rigel Pharmaceuticals report its Q2 2022 financial results?

Rigel Pharmaceuticals will report its Q2 2022 financial results on August 2, 2022, after market close.

What is the significance of the TAVALISSE product for Rigel?

TAVALISSE is Rigel's first FDA approved product, crucial for patients with chronic immune thrombocytopenia, highlighting the company's innovation.

What ongoing studies is Rigel Pharmaceuticals currently conducting?

Rigel is conducting Phase 3 clinical trials for treatments targeting autoimmune hemolytic anemia and COVID-19.

How can investors access the Rigel Pharmaceuticals conference call?

Investors can access the conference call by dialing 877-407-3088 (domestic) or 201-389-0927 (international).