NGM Bio Reports Recent Highlights and First Quarter 2019 Financial Results
NGM Biopharmaceuticals, Inc. (NGM)
Last ngm biopharmaceuticals, inc. earnings: 3/17 04:05 pm
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Source: GlobeNewswire
--Advanced NGM282 into Phase 2b ALPINE 2/3 clinical study in NASH-- --Received $177.8 million in aggregate net proceeds in April from Initial Public Offering and private placement with Merck-- SOUTH SAN FRANCISCO, Calif., May 16, 2019 (GLOBE NEWSWIRE) -- NGM Biopharmaceuticals, Inc. (Nasdaq: NGM), a clinical stage biotechnology company focused on developing transformative therapeutics for patients, today provided a business update and reported first quarter 2019 financial results for the period ending March 31, 2019. “We’ve had a productive 2019 thus far, making progress on multiple fronts, including the initiation of a Phase 2b clinical trial evaluating NGM282 in patients with non-alcoholic steatohepatitis (NASH) and F2-F3 liver fibrosis,” said David J. Woodhouse, Ph.D., chief executive officer of NGM. “Bolstered by the successful completion of our IPO in April and a strong cash position, we continue to advance our broad clinical and preclinical pipeline of next generation med
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