Ritter Pharmaceuticals Reports Financial Results for the Three and Nine Months Ended September 30, 2019 and Provides Business Update
RITTER PHARMACEUTICALS (RTTR)
Last ritter pharmaceuticals earnings: 8/14 05:11 pm
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Source: GlobeNewswire
LOS ANGELES, Nov. 13, 2019 (GLOBE NEWSWIRE) -- Ritter Pharmaceuticals, Inc. (Nasdaq: RTTR) (“Ritter Pharmaceuticals” or the “Company”), a developer of therapeutic products that modulate the gut microbiome to treat gastrointestinal diseases, today reported recent business developments and financial results for the three and nine months ended September 30, 2019. Recent Developments In September 2019, the Company announced that its Phase 3 clinical trial of RP-G28 for lactose intolerance (LI), known as “Liberatus,” failed to demonstrate statistical significance in its pre-specified primary and secondary endpoints. Following a more in-depth review of the data, the Company believes that while there was significant treatment benefit to patients (39% of patients in the trial reported a meaningful treatment benefit), the trial failed to demonstrate statistical significance due, in part, to a high placebo response. The Company continues to believe that it has a number of viable routes for
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