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Stock impact report

Kitov Pharma Provides Corporate Update and Reports First Half 2018 Financial Results

KITOV PHARAMCEUTICALS HOLDINGS LTD AMERICAN DEPOS (KTOV) 
US:NASDAQ Investor Relations: kitovpharma.com
Company Research Source: GlobeNewswire
Tel Aviv, Israel, Aug. 29, 2018 (GLOBE NEWSWIRE) -- Kitov Pharma Ltd. (NASDAQ/TASE: KTOV), an innovative biopharmaceutical company, today provided a corporate update and reported financial results for the six months ended June 30, 2018. “The first half of 2018 has been a transformational period for Kitov,” said Kitov’s CEO, Isaac Israel. “Most importantly, we received U.S. Food and Drug Administration (FDA) approval to market Consensi™ (amlodipine and celecoxib) oral tablets for the simultaneous treatment of pain caused by osteoarthritis, as well as hypertension. We are now focused on securing an optimal U.S. commercialization partner for Consensi™ in the U.S. who has the capability to execute a successful product launch and provide Kitov with a solid on-going revenue stream.” “Moreover, we are excited about the continued progress we have achieved in advancing NT-219, our promising cancer therapy drug candidate,” continued Mr. Israel. “We have generated compelling pre-clinical Show less Read more
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