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Stock impact report

Neurotrope Announces Review of Strategic Alternatives to Maximize Shareholder Value

NextTrip, Inc. (NTRP) 
Company Research Source: PR Newswire
NEW YORK, Oct. 8, 2019 /PRNewswire/ -- Neurotrope, Inc. (Nasdaq: NTRP), a clinical-stage biopharmaceutical company developing novel therapies for neurodegenerative diseases, today announced its plans to explore strategic alternatives to maximize shareholder value. "Following the results from our Phase 2 study of Bryostatin-1 in Alzheimer's disease, we believe a review of strategic alternatives is an important step toward preserving and enhancing shareholder value," stated Dr. Charles S. Ryan, Neurotrope's Chief Executive Officer. "The Board of Directors has formed a strategic alternatives committee to aid in evaluating the Company's alternatives, and we look forward to providing an update when appropriate."There can be no assurance that the formal strategic review of alternatives will result in any successful transaction or other outcome. The Company does not intend to comment further or publicly discuss the potential of alternate developments unless and until its Board of Directors h Show less Read more
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