Motif Bio plc AGM Statement
MOTIF BIO PLC ADRS (MTFB)
US:NASDAQ Investor Relations:
ir.motifbio.com
Company Research
Source: GlobeNewswire
NEW YORK, May 22, 2019 (GLOBE NEWSWIRE) -- Motif Bio plc (AIM/Nasdaq: MTFB), a clinical-stage biopharmaceutical company specialising in developing novel antibiotics, announces that at the Company’s AGM held earlier today the Company provided the following review of key aspects of its business and growth strategy. Iclaprim for treating ABSSSI (acute bacterial skin and skin structure infections) Type A meeting held with the U.S. FDA on 3rd May to discuss the path forwardAdditional data likely will be required to address the Agency’s concern about a risk of liver toxicity, the size and scope of which will determine the specific next stepsMotif Bio to provide an update once the minutes of the meeting are receivedIntention remains to partner Iclaprim upon marketing approval for commercialisation in the U.S. and other global marketsStrengthen IP portfolio and partnering position in ex-U.S. markets by filing method-of-use patents covering fixed dose of Iclaprim Near-term expansion
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