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Dova Pharmaceuticals Inc. (DOVA) SEC Filing 10-K Annual report for the fiscal year ending Monday, December 31, 2018

Dova Pharmaceuticals, Inc.

CIK: 1685071 Ticker: DOVA
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Dova Pharmaceuticals Reports Fourth Quarter and Full Year 2018 Operating and Financial Results

DOPTELET® (avatrombopag) approved May 21, 2018 and launched June 4, 2018

Net product sales from DOPTELET were $2.8 million in the fourth quarter of 2018 and $7.7 million for the full year ended December 31, 2018

sNDA accepted for review by FDA for DOPTELET for the treatment of
chronic immune thrombocytopenia (ITP) with a PDUFA goal date of June 30, 2019

Appointed Dr. David Zaccardelli as President and Chief Executive Officer and Jason Hoitt as Chief Commercial Officer
Conference call scheduled for 9:00 a.m. ET today

DURHAM, NC, March 5, 2019 - Dova Pharmaceuticals, Inc. (Nasdaq: DOVA), a pharmaceutical company focused on acquiring, developing, and commercializing drug candidates for diseases where there is a high unmet need, today reported its operating and financial results for the fourth quarter and full year ended December 31, 2018.

“Following the management changes announced in December 2018, we worked expeditiously to implement changes to our commercialization strategy for DOPTELET. We are encouraged with the initial feedback and results from these efforts and remain confident in the significant commercial opportunity for DOPTELET,” said Dr. David Zaccardelli, President and Chief Executive Officer of Dova. “In addition, we are pleased by the FDA acceptance of DOPTELET’s supplemental New Drug Application (sNDA) for review in the treatment of chronic ITP which would provide a new treatment option for patients with ITP as well as a long-term growth opportunity for DOPTELET. Finally, we remain well-positioned financially, with over $100 million in cash and equivalents as of December 31, 2018 to fund our operations.”

DOPTELET Launch Highlights

The US sales team was restructured on January 4, 2019, now comprised of 44 sales representatives and 5 regional directors. This team is accountable for driving DOPTELET sales in hepatology, hematology, and interventional radiology, while Dova’s co-promotion partner, Salix, has responsibility for GI, colorectal surgeon and proctology practices.

New DOPTELET marketing efforts are underway and Dova expects to launch a revised strategy in the second quarter of 2019.


The following information was filed by Dova Pharmaceuticals, Inc. (DOVA) on Tuesday, March 5, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statement Of Stockholders' Equity
Consolidated Statements Of Cash Flows
Consolidated Statements Of Operations
Balance Sheet Components
Balance Sheet Components (Tables)
Balance Sheet Components - Accrued Expenses (Details)
Balance Sheet Components - Furniture And Equipment, Net (Details)
Balance Sheet Components - Prepaid Expenses And Other Assets (Details)
Commitments And Contingencies
Commitments And Contingencies (Details)
Debt
Debt (Details)
Debt (Tables)
Debt - Annual Principal Payments (Details)
Employee Benefit Plan
Employee Benefit Plan (Details)
Income Taxes
Income Taxes (Tables)
Income Taxes - Additional Information (Details)
Income Taxes - Deferred Taxes (Details)
Income Taxes - Reconciliation (Details)
Organization And Description Of Business Operations
Organization And Description Of Business Operations - Amendment And Restatement Of Certificate Of Incorporation And Bylaws (Details)
Organization And Description Of Business Operations - Forward Stock Split (Details)
Organization And Description Of Business Operations - Liquidity And Capital Resources (Details)
Related Party Agreements
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Selected Quarterly Data
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Selected Quarterly Data (Tables)
Significant Accounting Policies
Significant Accounting Policies (Details)
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Significant Accounting Policies - Fair Value Measurement (Details)
Significant Accounting Policies - Liquidity And Capital Resources (Details)
Significant Accounting Policies - Net Loss Per Share (Details)
Significant Accounting Policies - Property And Equipment (Details)
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Significant Agreements And Contracts (Details)
Significant Agreements And Contracts - Valeant Pharmaceuticals North America Llc (Details)
Stock-Based Compensation
Stock-Based Compensation (Tables)
Stock-Based Compensation - Allocation Of Expense (Details)
Stock-Based Compensation - Assumptions Used To Calculate Fair Value Of Options (Details)
Stock-Based Compensation - Option Awards, Additional Information (Details)
Stock-Based Compensation - Options, Additional Information (Details)
Stock-Based Compensation - Restricted Stock Units, Additional Information (Details)
Stock-Based Compensation - Stock Option Activity (Details)
Stockholders' Equity
Stockholders' Equity - Series A Preferred Stock And Common Stock Initial Public Offering (Details)
The Purchase Agreement And Related Transactions
The Purchase Agreement And Related Transactions - Astellas Pharma Inc (Details)
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Ticker: DOVA
CIK: 1685071
Form Type: 10-K Annual Report
Accession Number: 0001685071-19-000008
Submitted to the SEC: Tue Mar 05 2019 7:15:42 AM EST
Accepted by the SEC: Tue Mar 05 2019
Period: Monday, December 31, 2018
Industry: Pharmaceutical Preparations

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