Auris Medical Holding Ltd Provides Corporate Update
Auris Medical Holding AG (EARS)
Last auris medical holding ag earnings: 8/10 06:31 am
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US:NASDAQ Investor Relations:
ir.aurismedical.com
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Source: GlobeNewswire
Hamilton, Bermuda, May 23, 2019 (GLOBE NEWSWIRE) -- Auris Medical Holding Ltd. (NASDAQ: EARS), a clinical-stage company dedicated to developing therapeutics that address important unmet medical needs in neurotology and central nervous system disorders, today provided a business update, including a review of recent clinical, regulatory and operational highlights and progress. “In the past few months, we continued to make substantial progress with our intranasal betahistine development program, moving into two proof-of-concept studies,” stated Thomas Meyer, Auris Medical’s founder, Chairman and CEO. “At the same time, we executed on our repositioning and turnaround strategy: we significantly strengthened our balance sheet through the early repayment of our loan facility and a share offering; increased our corporate flexibility by moving the holding company to Bermuda; and enhanced our competitive position by expanding our portfolio of intellectual property related to betahistine. In
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