Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/1600132/000155837021006763/blph-20210331x10q.htm
May 2022
March 2022
January 2022
January 2022
December 2021
November 2021
November 2021
October 2021
October 2021
August 2021
Exhibit 99.1
Bellerophon Provides Clinical Program Update and Reports Fourth Quarter and Full-Year 2020 Financial Results
WARREN, N.J., March 11, 2021 – Bellerophon Therapeutics, Inc. (Nasdaq: BLPH) (“Bellerophon” or the “Company”), a clinical-stage biotherapeutics company focused on developing treatments for cardiopulmonary diseases, today provided a clinical program update and reported financial results for the fourth quarter and year ended December 31, 2020.
“Bellerophon continues to make significant progress in advancing its INOpulse® inhaled nitric oxide therapy in multiple indications,” said Fabian Tenenbaum, Chief Executive Officer of Bellerophon. “In December 2020, we announced that the first patient had been enrolled in our pivotal Phase 3 REBUILD study for fibrotic interstitial lung disease (fILD) patients at risk of associated pulmonary hypertension. In addition, we expect top-line results from our Phase 2 dose escalation study of INOpulse in sarcoidosis (PH-Sarc) this year.”
“Our balance sheet continues to be strong and provides us with the resources to support our ongoing clinical programs in fILD and PH-Sarc,” concluded Mr. Tenenbaum.
Clinical Program Highlights:
fILD
● | REBUILD Phase 3 Study: In December, Bellerophon announced that the first patient had been enrolled in its Phase 3 REBUILD registrational study of INOpulse for the treatment of fILD. The REBUILD study will enroll 300 fILD patients who will be treated with either INOpulse at a dose of iNO45 or placebo. The primary endpoint is change in moderate to vigorous physical activity (MVPA). If approved, INOpulse would become the first therapy to treat a broad fILD population that includes patients at low-, intermediate- and high-risk of pulmonary hypertension. The Phase 3 program builds on positive top-line results from the Company’s previously reported Phase 2 studies for INOpulse for the treatment of fILD. Acute treatment with INOpulse showed benefit in multiple cardiopulmonary parameters, including pulmonary vascular resistance, which improved by 21%, and mean pulmonary arterial pressure, which improved by 12%. Chronic treatment with INOpulse at a dose of iNO45 assessed over four months showed an average improvement in MVPA of 20% as compared to placebo. The improvements in MVPA were supported by benefits in overall activity, as well as two patient reported questionnaires, the University of California, San Diego Shortness of Breath Questionnaire and the St. George’s Respiratory Questionnaire. |
Pulmonary Hypertension-Sarcoidosis (PH-Sarc)
● | Phase 2 Clinical Study: Bellerophon is continuing enrollment in a Phase 2 dose escalation study in PH-Sarc and anticipates the availability of top-line data during 2021. The safety and efficacy study is assessing the acute hemodynamic benefit of INOpulse via right heart catheterization. PH-Sarc is an unmet medical need with a median survival of approximately five years after diagnosis. Similar to PH associated with fILD, there are currently no approved therapies to treat PH-Sarc. |
COVID-19 (Coronavirus)
● | COViNOX Phase 3 Study: The randomized, placebo-controlled COViNOX study evaluated the efficacy and safety of the investigational INOpulse therapy in patients diagnosed with COVID-19 who require supplemental oxygen. In November 2020, the Company announced the results of a pre-specified interim analysis conducted by |
1
Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/1600132/000155837021006763/blph-20210331x10q.htm
Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Bellerophon Therapeutics, Inc..
Bellerophon Therapeutics, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2021 10-K Annual Report includes:
Rating
Learn More![]()
On May 22, 2020, we completed the sale of 3,365,384 shares of our common stock in a public offering and concurrent registered direct offering including a full exercise of an option to purchase additional shares at a price of $13.00 per share, resulting in net proceeds of approximately $40.6 million, after deducting agent fees of $2.9 million and offering costs of $0.3 million.
The proceeds from such sales are recorded as Income tax benefit when sales occur or proceeds are received.
Further, should COVID-19 continue to spread, our business operations could be delayed or interrupted which could result in the use of more funds than anticipated in completing such trials.
This increase was primarily due to an increase in clinical program expenditures attributable to the commencement of the COVID-19 trial during 2020 and completion during the first quarter of 2021 as well as an increase in general and administrative expenses.
On April 1, 2020, we completed the sale of 1,275,000 shares of our common stock in a registered direct offering at an offering price of $12.00 per share, resulting in net proceeds of approximately $14.1 million, after deducting agent fees of $1.1 million and offering costs of $0.1 million.
The clinical trial met its...Read more
The trial showed a statistically...Read more
The improvement in MVPA was...Read more
Our primary uses of capital...Read more
Following the internal reorganization, in...Read more
In July 2020, we entered...Read more
The data showed INOpulse provided...Read more
In April 2018, we expanded...Read more
26 On June 26, 2020,...Read more
Research and development expenses consist...Read more
The clinical data showed that...Read more
The results from this trial...Read more
We have sold $21.2 million...Read more
We believe that our second...Read more
Subject to the availability of...Read more
Cohort 2 of iNO-PF suggested...Read more
The data suggested that inhaled...Read more
The data suggested that the...Read more
Various PAH treatments have been...Read more
The results suggested directional improvements...Read more
The trial results showed 6MWD...Read more
If we raise additional funds...Read more
Total research and development expenses...Read more
? INOpulse engineering expenses for...Read more
General and administrative expenses for...Read more
Total operating expenses for the...Read more
The increase was primarily due...Read more
Total research and development expenses...Read more
Such shares were sold pursuant...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Bellerophon Therapeutics, Inc. provided additional information to their SEC Filing as exhibits
Ticker: BLPH
CIK: 1600132
Form Type: 10-Q Quarterly Report
Accession Number: 0001558370-21-006763
Submitted to the SEC: Tue May 11 2021 8:30:45 AM EST
Accepted by the SEC: Tue May 11 2021
Period: Wednesday, March 31, 2021
Industry: Pharmaceutical Preparations