Risk Factors Update Summary
- Ongoing litigation challenging FDA approval of mifepristone may impact new drug development and distribution.
- Accumulated deficit increased from $210.1 million to $239 million, impacting financial stability.
- The U.S. Supreme Court granted petitions for certiorari for a district court decision.
- Net cash used in operating activities increased from $28.9 million to $31.7 million.
- The U.S. Court of Appeals held that changes allowing expanded access to mifepristone were arbitrary.
- Phase 2 clinical trial changed to Phase 2a RIVER trial for Haduvio, affecting development plans.
- The U.S. Supreme Court granted petitions for certiorari for the Court of Appeals' decision.
- Potential need for two additional Phase 3 clinical trials before NDA submission, impacting timelines.
- The U.S. Supreme Court granted petitions for certiorari for the Court of Appeals' decision.
- Cash, cash equivalents, and marketable securities decreased from $120.5 million to $83 million.
- The U.S. Supreme Court granted petitions for certiorari for the Court of Appeals' decision.
- Change from Phase 2b CORAL to Phase 2b CORAL clinical trial, affecting trial specifics.
- The U.S. Supreme Court granted petitions for certiorari for the Court of Appeals' decision.
- Change from HAL to HAP study, impacting study focus and characterization efforts.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
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