Urovant Sciences Reports 2019 Second Fiscal Quarter Financial Results
UROVANT SCIENCES LTD COMMON (UROV)
Last urovant sciences ltd common earnings: 2/13 04:15 pm
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Source: Business Wire
IRVINE, Calif. & BASEL, Switzerland--(BUSINESS WIRE)--Urovant Sciences (Nasdaq: UROV), a clinical-stage biopharmaceutical company focused on developing and commercializing innovative therapies for urologic conditions, today reported financial results for the 2019 second fiscal quarter ended September 30, 2019.Recent Business Highlights Sumitomo Dainippon Pharma committed to provide Urovant with a $200 million, low-interest, interest-only, five-year term loan facility, access to enhanced commercial support, minority shareholder protection, and expected financial support through profitability.Reported positive data from the long-term extension of the phase 3 EMPOWUR study of vibegron in patients with overactive bladder, in which vibegron demonstrated a favorable long-term safety and tolerability profile and further improved treatment benefit on key overactive bladder symptoms over the 40-week extension period.Completed pharmacokinetic study to support administration of vibegron as a
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