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BeyondSpring Files 2023 Annual Report on Form 20-F

Key Takeaway: BeyondSpring Inc. has filed its 2023 annual report on Form 20-F with the SEC. The report contains audited financial statements and is available to shareholders upon request. The company is advancing its lead asset, Plinabulin, for cancer therapy and has preclinical assets in immuno-oncology. However, there are notable risks regarding the company's future operations and funding.

Market Sentiment Analysis

POSITIVE FACTORS

  • BeyondSpring has filed its annual report, providing transparency to investors.
  • The company is focused on developing innovative cancer therapies, which shows commitment to addressing high unmet medical needs.
  • BeyondSpring's pipeline includes promising assets such as Plinabulin, aimed at cancer treatment and prevention of side effects.

CONCERNS & RISKS

  • There are risks related to the company's ability to continue as a going concern.
  • The company may face challenges in raising necessary funds for future operations.
  • Unexpected clinical trial results could impact product development and market competitiveness.

Full Press Release Details

FLORHAM PARK, N.J., April 29, 2024 (GLOBE NEWSWIRE) -- BeyondSpring Inc. (NASDAQ: BYSI) (“BeyondSpring” or the “Company”), a clinical-stage global biopharmaceutical company focused on developing innovative cancer therapies, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (“SEC”) on April 29, 2024. The annual report on Form 20-F, which contains the Company’s audited consolidated financial statements, can be accessed on the SEC’s website at www.sec.gov and on the Company’s website at www.beyondspringpharma.com under “Financials & Filings” in the Investors section.
The Company will provide a hard copy of its annual report containing its audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to Investor Relations, BeyondSpring Inc., 100 Campus Drive, Suite 410, Florham Park, NJ 07932 USA.
BeyondSpring is a global clinical-stage biopharmaceutical company focused on developing innovative therapies to improve clinical outcomes for patients with high unmet medical needs. The Company is advancing its first-in-class lead asset, Plinabulin, as a direct anti-cancer agent in various cancer indications and to prevent chemotherapy-induced neutropenia. BeyondSpring’s pipeline also includes three preclinical immuno-oncology assets. Additionally, BeyondSpring’s subsidiary, SEED Therapeutics, leverages a proprietary targeted protein degradation (TPD) drug discovery platform and has an initial R&D collaboration with Eli Lilly. Learn more by visiting https://beyondspringpharma.com.
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements that are not historical facts. Words such as “will,” “expect,” “anticipate,” “plan,” “believe,” “design,” “may,” “future,” “estimate,” “predict,” “objective,” “goal,” or variations thereof and variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are based on BeyondSpring’s current knowledge and its present beliefs and expectations regarding possible future events and are subject to risks, uncertainties and assumptions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors including, but not limited to, our ability to continue as a going concern, difficulties raising the anticipated amount needed to finance the Company’s future operations on terms acceptable to the Company, if at all, unexpected results of clinical trials, delays or denial in regulatory approval process, results that do not meet the Company’s expectations regarding the potential safety, the ultimate efficacy or clinical utility of the Company’s product candidates, increased competition in the market, the Company’s ability to meet Nasdaq's continued listing requirements, and other risks described in BeyondSpring’s most recent Form 20-F on file with the U.S. Securities and Exchange Commission. All forward-looking statements made herein speak only as of the date of this release and BeyondSpring undertakes no obligation to update publicly such forward-looking statements to reflect subsequent events or circumstances, except as otherwise required by law.

Frequently Asked Questions

What is BeyondSpring's main focus?

BeyondSpring specializes in developing innovative cancer therapies.

Where can I access BeyondSpring's annual report?

The annual report is available on the SEC's website and BeyondSpring's site.

How can shareholders request the annual report?

Shareholders can request a hard copy by contacting Investor Relations at BeyondSpring.

What is Plinabulin?

Plinabulin is BeyondSpring's lead asset aimed at treating cancer and preventing neutropenia.

Who collaborates with BeyondSpring’s SEED Therapeutics?

SEED Therapeutics has an initial collaboration with Eli Lilly.

Last updated: Apr 29, 2024