Albireo Reports Fourth Quarter and Year-End 2017 Financial Results
Albireo Pharma, Inc. (ALBO)
Last albireo pharma, inc. earnings: 3/2 07:30 am
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US:NASDAQ Investor Relations:
ir.albireopharma.com/investor-relations
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Source: GlobeNewswire
— Phase 3 PFIC trial of IBAT inhibitor A4250 planned to initiate in spring 2018 — — Elobixibat approved in Japan, becoming the first IBAT inhibitor approved in the world — — ~$200 million current cash balance expected to be sufficient to fund operations into 2021 — — Management to host conference call and webcast today at 8:30 a.m. EDT — BOSTON, March 15, 2018 (GLOBE NEWSWIRE) -- Albireo Pharma, Inc. (Nasdaq:ALBO), a clinical-stage orphan pediatric liver disease company developing novel bile acid modulators, today announced financial results and corporate highlights for the fourth quarter and year ended December 31, 2017. “2017 was significant for Albireo, as we completed a successful Phase 2 clinical trial of lead product candidate A4250, an ileal bile acid transporter (IBAT) inhibitor, in children with cholestatic liver disease and pruritus and, following engagement with both the FDA and EMA, designed a Phase 3 program for A4250 for the treatment of patients with progressive
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