Exhibit 99.1

 

 

 

vTv Therapeutics Announces Second Quarter 2018 Results and Update

 

HIGH POINT, N.C. – (BUSINESS WIRE) – August 3, 2018 –

vTv Therapeutics Inc. (Nasdaq:VTVT) today reported financial results for the second quarter that ended June 30, 2018, and provided an update on recent achievements and upcoming events.

 

“Since our announcement regarding the topline results from Part B of the STEADFAST Study, we have continued to analyze the results from Parts A and B and are encouraged by our findings,” said Steve Holcombe, chief executive officer, vTv Therapeutics. “In addition, our other programs, including our glucokinase activator currently in clinical development for type 1 diabetes and our GLP-1R program that is being developed in partnership with Huadong Medicine for type 2 diabetes, continue to make steady progress.”

 

Recent Achievements and Outlook

 

 

Azeliragon data analysis continues in order to move development of the therapy forward in consultation with our scientific advisory board and the FDA.

 

 

SimplicT-1 Study enrolling patients with type 1 diabetes. The adaptive Phase 1/2 SimplicT-1 Study has begun dosing patients with type 1 diabetes in a 12 week study to evaluate TTP399 as an add-on to insulin therapy. TTP399 has previously demonstrated statistically significant reductions in HbA1c levels in the AGATA Study, a phase 2 study in type 2 diabetes.

 

 

Advancing PDE4 program with Newsoara. During the second quarter, vTv licensed rights to its PDE4 program to Newsoara Biopharma Co., Ltd. to further its development and potential commercialization in China and other Pacific Rim countries. Newsoara is developing vTv’s PDE4 compounds as a potential therapeutic for COPD, a chronic illness affecting nearly 100 million people in China.

 

 

Additional Investment by MacAndrews & Forbes Incorporated. MacAndrews & Forbes provided vTv an additional $10 million capital line.

 

Upcoming Events

 

vTv will participate in the following upcoming investor conferences:

 

 

H.C. Wainwright Annual Healthcare Conference, September 4-6, New York.

 

vTv will also participate in the following upcoming scientific conferences:

 

 

11th Clinical Trials on Alzheimer’s Disease (CTAD), October 24-27, Barcelona.

 

 


The following information was filed by Vtv Therapeutics Inc. (VTVT) on Friday, August 3, 2018 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-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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