STOCK TITAN

Virios Therapeutics to Report Third Quarter 2021 Financial Results and Provide Corporate Update on Thursday, November 11, 2021

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
conferences earnings
Rhea-AI Summary

Virios Therapeutics (NASDAQ: VIRI) has announced it will report its third quarter 2021 financial results on November 11, 2021, before the market opens. A webcast and conference call will follow at 8:30 a.m. ET for a corporate update. The company is focused on innovative antiviral therapies targeting diseases like fibromyalgia. Its lead candidate, IMC-1, has shown promise in Phase 2a trials and is currently undergoing a Phase 2b trial named FORTRESS, which involves 460 patients and aims to pave the way for further registration studies.

Positive
  • IMC-1 received fast track designation by the FDA.
  • Previous Phase 2a trial demonstrated IMC-1's efficacy for fibromyalgia.
  • Ongoing Phase 2b trial (FORTRESS) involves 460 patients for further validation.
Negative
  • None.

ATLANTA--(BUSINESS WIRE)-- Virios Therapeutics, Inc. (Nasdaq: VIRI), a development-stage biotechnology company focused on advancing novel antiviral therapies to treat chronic pain and fatigue related diseases, announced today that its third quarter 2021 financial results will be reported on Thursday, November 11, 2021 before the open of the financial markets. Management will also host a webcast and conference call on November 11, 2021 at 8:30 a.m. ET to discuss the results and provide a corporate update.

The live and archived webcast of the call may be accessed on the Virios Therapeutics website under the Investors section: Events and Presentations. The live call can also be accessed by dialing 888-506-0062 (domestic) or 973-528-0011 (international) using the access code: 345081.

About Virios Therapeutics

Virios Therapeutics (Nasdaq: VIRI) is a development-stage biotechnology company focused on advancing novel, dual mechanism antiviral therapies to treat conditions associated with virally triggered or maintained immune responses, such as fibromyalgia (“FM”). Immune responses related to the activation of tissue resident Herpes Simplex Virus-1 (“HSV-1”) have been postulated as a potential root cause triggering and/or sustaining chronic illnesses such as FM, irritable bowel disease (“IBS”), chronic fatigue syndrome and other functional somatic syndromes, all of which are characterized by waxing and waning symptoms with no obvious etiology. Our lead development candidate (“IMC-1”) is a novel, proprietary, fixed dose combination of famciclovir and celecoxib designed to synergistically suppress HSV-1 replication.

Evidence of IMC-1’s efficacy on a broad spectrum of FM outcome measures was previously demonstrated in a Phase 2a clinical trial. These trial results are suggestive that IMC-1 may represent a new and novel treatment for fibromyalgia. IMC-1 has been granted fast track designation by the FDA and is currently being tested in a multi-center, randomized, double-blind, placebo-controlled 460 patient Phase 2b trial (“FORTRESS”) designed to set the stage for registrational studies. The Company is led by an executive team highly experienced in the successful development and commercialization of novel therapies. For more information, please visit www.virios.com.

Forward-Looking Statements

Statements in this press release contain “forward-looking statements”, within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “suggest,” “target,” “aim,” “should,” "will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Virios Therapeutics’ current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including risks related to the completion and timing of the FORTRESS trial. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Annual Report on Form 10-K for the year ended December 31, 2020 filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Virios Therapeutics, Inc. (VIRI) undertakes no duty to update such information except as required under applicable law.

Dave Gentry

1-800-733-2447

+1-407-491-4498

dave@redchip.com

or

ir@virios.com

 

Source: Virios Therapeutics, Inc. (VIRI)

FAQ

When will Virios Therapeutics report its Q3 2021 financial results?

Virios Therapeutics will report its Q3 2021 financial results on November 11, 2021, before the market opens.

What is the focus of Virios Therapeutics?

Virios Therapeutics focuses on developing novel antiviral therapies for chronic pain and fatigue-related diseases.

What is IMC-1 and its significance?

IMC-1 is Virios Therapeutics' lead candidate for treating fibromyalgia and has shown efficacy in Phase 2a trials.

What is the FORTRESS trial?

The FORTRESS trial is a Phase 2b study testing IMC-1 in 460 patients, aimed at advancing to registrational studies.

Virios Therapeutics, Inc.

NASDAQ:VIRI

VIRI Rankings

VIRI Latest News

VIRI Stock Data

4.30M
27.76M
1.69%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
ALPHARETTA