With a favorable safety and tolerability profile as well as efficacy signals observed across earlier time points, topline results from NODE-301 reinforce our belief that etripamil has the potential to serve as the first self-administered therapy for the rapid termination of supraventricular tachycardia (SVT) episodes in the at-home setting," said Joseph Oliveto, President and Chief Executive Officer of Milestone Pharmaceuticals. Milestone Pharmaceuticals is a drug development company developing novel small molecule therapeutics based on clinically validated mechanisms for cardiovascular diseases. Paroxysmal supraventricular tachycardia (PSVT) is a rapid heart rate condition characterized by intermittent episodes of supraventricular tachycardia (SVT) that start and stop suddenly and without warning. All rights reserved, 7422 Carmel Executive Park Drive, Suite 300, The NCBiotech Company Directory is maintained by. Weighted average number of shares outstanding, INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS, Prepaid expenses and other current assets. Certain calcium channel blockers have long been approved for the treatment of PSVT as well as other cardiac conditions; however, when calcium channel blockers are used for the termination of SVT episodes, they must be administered intravenously under medical supervision, usually in an emergency department or other acute care setting. ", © 2018 North Carolina Biotechnology Center. – Dabhasa, Pin – 391 440, Ta. Gain visibility and brand your listing with a directory sponsorship. The increase was driven by additional headcount, professional fees and increased insurance costs. Each of these forward-looking statements involves risks and uncertainties. Milestone Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines. Stock ticker symbol (e.g. The Daily Biotech Pulse: Milestone Pharma Flunks Late-Stage Study, CytomX Strikes Cancer Drug Collaboration, BARDA Grant For GenMark's COVID-19 Test View Milestone Pharmaceuticals Inc. MIST investment & stock information. Milestone is conducting a comprehensive development program for etripamil, with Phase 3 trials underway in PSVT, and plans to commence a Phase 2 proof-of-concept trial in atrial fibrillation patients with rapid ventricular rate, with subsequent studies expected in other conditions where calcium channel blockers are used. Forward-looking statements contained in this press release include statements regarding (i) the design, progress, timing, scope and results of clinical trials, (ii) potential interactions with regulators, (iii) future operating expense reductions and (iv) the possibility that data will support future development. Commercial expense for the first quarter of 2020 was $2.2 million and remained consistant with the prior year period. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the risks inherent in biopharmaceutical product development and clinical trials, including the lengthy and uncertain regulatory approval process, uncertainties related to the timing of initiation, enrollment, completion and evaluation of clinical trials, and whether the clinical trials will validate the safety and efficacy of etripamil for PSVT or other indications, among others, as well as risks related to pandemics and public health emergencies, including those related to COVID-19,  and risks related the sufficiency of our capital resources and our ability to raise additional capital. Life Science Intelligence at NCBiotech strives to provide accurate and current data on the bioscience community in North Carolina. Milestone Pharmaceuticals Announces Proposed Public Offering of... As of March 31, 2020, Milestone had cash and cash equivalents of $102 million and 24.6 million shares outstanding. Words such as "may," "will," "expect," "plan," "anticipate," "estimate," "intend" and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. Milestone Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines. Although this Web Site is accessible worldwide, not all information, products or services discussed or referenced herein are available to all persons or in all geographic locations. Milestone Pharmaceuticals operates in … AAPL, FB, TWTR), Total amount raised across all funding rounds, Total number of current team members an organization has on Crunchbase, Total number of investment firms and individual investors, Descriptive keyword for an Organization (e.g. ", About Paroxysmal Supraventricular Tachycardia. Milestone Pharmaceuticals, Inc. operates as a drug development company. Milestone Pharmaceuticals is a drug development company developing novel small molecule therapeutics based on clinically validated mechanisms for cardiovascular diseases. For more information, visit www.milestonepharma.com and follow the Company on Twitter at @MilestonePharma. Attribution shall take the following form: "Data provided by the North Carolina Biotechnology Center, www.ncbiotech.org. Price to Earnings Ratio vs. the Market. Milestone Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines. General and administrative expenses for the first quarter of 2020 were $2.7 million compared with $1.0 million for the prior year period. Contact us to update your basic listing. Common shares, no par value, unlimited shares authorized, 24,559,470 shares issued at March 31, 2020 and 24,505,748 shares issued at December 31, 2019, Total liabilities and shareholders' deficit, David PittsArgot Partners212-600-1902[email protected], Cision Distribution 888-776-0942 Milestone Pharmaceuticals Inc. (Nasdaq: MIST), a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines, today announced that it … For the first quarter of 2020, operating loss was $16.8 million compared to $10.9 million for the prior year period. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. "We look forward to working with regulators to determine next steps, with the goal of ensuring that etripamil is able to realize its full potential in patients with PSVT. A, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. SaaS, Android, Cloud Computing, Medical Device), Operating Status of Organization e.g. Milestone's lead product is a novel and potent short-acting calcium channel antagonist for the systemic treatment of transient cardiovascular conditions such as atrial arrhythmias and angina. This Web Site is controlled and operated by a third-party vendor within the United States. Episodes of SVT are often associated with symptoms including palpitations, sweating, chest pressure or pain, shortness of breath, sudden onset of fatigue, lightheadedness or dizziness, fainting, and anxiety. Milestone Pharmaceuticals is developing an investigational new drug intended to provide rapid-onset and short-acting treatment of paroxysmal supraventricular … These and other risks are set forth in Milestone's filings with the U.S. Securities and Exchange Commission, including in its quarterly report on Form 10-Q for the quarter ended March 31, 2020, under the caption "Risk Factors." Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit, General contact email for the organization, Private Equity Funded Companies (Top 10K). To start, Milestone Pharmaceuticals is a clinical-stage biopharmaceutical firm dedicated to addressing patients with paroxysmal supraventricular tachycardia or PSVT. from 8 AM - 9 PM ET, 24,559,470 shares issued at March 31, 2020 and, Copyright © 2020 PR Newswire Association LLC. Milestone Pharmaceuticals operates in … (RTTNews) - Shares of Milestone Pharmaceuticals Inc. (MIST) plunged over 80% on Tuesday morning trade after the pharma company's trial on etripamil nasal spray failed. You may reproduce the NCBiotech Company Directory site content for any legal purpose with proper attribution. The P/E ratio of Milestone Pharmaceuticals is -2.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Apothecon Pharmaceuticals Pvt. Actual results may differ materially from these forward-looking statements. Active, Closed, Last funding round type (e.g. Milestone Pharmaceuticals operates in Canada and the United States. "While the NODE-301 trial of etripamil for patients with paroxysmal supraventricular tachycardia (PSVT) did not meet its primary endpoint over the five hour observation period, we are encouraged by the topline data from the trial. Ltd. Padra – Jambusar Highway, P.O. Earnings for Milestone Pharmaceuticals are expected to decrease in the coming year, from ($2.18) to ($2.24) per share. Milestone Pharmaceuticals operates in Canada and the United States. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS, Research and development, net of tax credits, Loss and comprehensive loss before income taxes, Net loss and comprehensive loss for the period. These forward-looking statements are based on Milestone's expectations and assumptions as of the date of this press release. Etripamil, the Company's lead investigational product, is designed to be a rapid response therapy for episodic cardiovascular conditions. Get the latest Milestone Pharmaceuticals Inc. MIST detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Research and development expense for the first quarter of 2020 was $11.9 million compared with $7.8 million for the prior year period. Help NCBiotech keep the directory current and accurate. Except as required by law, Milestone assumes no obligation to update any forward-looking statements contained herein to reflect any change in expectations, even as new information becomes available. The novel calcium channel blocker is self-administered via a nasal spray which may shift the current treatment paradigm for many patients with PSVT from the emergency department to the at-home setting. All Rights Reserved. VISIT US. Milestone Pharmaceuticals is a drug development company developing small molecule therapeutics for the treatment of cardiovascular diseases. Milestone Pharmaceuticals is developing an investigational new drug intended to provide rapid-onset and short-acting treatment of paroxysmal supraventricular tachycardia (PSVT) episodes and other episodic conditions. MONTREAL and CHARLOTTE, N.C., May 14, 2020 /PRNewswire/ -- Milestone Pharmaceuticals Inc. (Nasdaq: MIST), a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines, today reported financial results for the first quarter ended March 31, 2020 and provided a clinical and corporate update. About Milestone Pharmaceuticals. The increase in expense was primarily driven by increased clinical development costs and manufacturing and formulation activities supporting its Phase 3 clinical trials. NCBiotech Company Directory is a comprehensive listing of North Carolina's life science industry New search.

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