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Stock impact report

Kitov Pharma Provides Corporate Update and Reports Full-Year 2019 Financial Results

KITOV PHARAMCEUTICALS HOLDINGS LTD AMERICAN DEPOS (KTOV) 
US:NASDAQ Investor Relations: kitovpharma.com
Company Research Source: GlobeNewswire
TEL AVIV, Israel, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Kitov Pharma Ltd. (“Kitov”) (NASDAQ/TASE: KTOV), a clinical-stage company advancing first-in-class therapies to overcome tumor immune evasion and drug resistance, today provided a corporate update and announced financial results for the six-months and full year ended December 31, 2019. “The recently completed year represented a transformational period for Kitov that was marked by significant progress in multiple key areas of our business,” said Isaac Israel, CEO of Kitov. “Our acquisition of FameWave added an additional exciting oncology product candidate to our pipeline. With CM-24 and NT-219, we now have two promising oncology-focused drug candidates which we intend to enter the clinic this year. We have assembled a seasoned oncology clinical development team with senior and experienced executives, and we are well positioned to execute on our plans. We expect the imminent launch of Consensi in the U.S. with strong distribution p Show less Read more
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