Zosano Pharma Reports First Quarter 2018 Financial Results and Operational Update
Zosano Pharma Corporation (ZSAN)
Last zosano pharma corporation earnings: 11/9 04:05 pm
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Source: GlobeNewswire
Completion of follow on offering netting $45.7 millionIssuance of new US patent Long-term safety study now has 250 subjects enrolled FREMONT, Calif., May 15, 2018 (GLOBE NEWSWIRE) -- Zosano Pharma Corporation (NASDAQ:ZSAN) (“Zosano” or the “Company”) a clinical-stage biopharmaceutical company focused on providing rapid systemic administration of therapeutics to patients using its proprietary Adhesive Dermally-Applied Microarray (“ADAM™”) technology, today announced financial results for the first quarter ended March 31, 2018. “We successfully completed an offering of 10 million shares of common stock at five dollars per share and passed the 250th mark in subjects enrolled in our long-term safety study, noting that the pain freedom and pain relief scores observed are consistent with the high degree of efficacy we achieved with M207 in our pivotal study”, stated John Walker Chairman and CEO. “With the newly issued IP protecting M207 through 2037, we are increasingly convinced that,
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