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Phathom Pharmaceuticals to Report Third Quarter 2024 Financial Results and Provide Business Update on Thursday, November 7, 2024

Key Takeaway: Phathom Pharmaceuticals, Inc. announced it will report its third quarter 2024 financial results and provide a business update on November 7, 2024. The company will host a live webcast at 8:30 am ET, and a recording will be made available for 90 days. Phathom focuses on novel treatments for gastrointestinal diseases, including products based on its exclusive rights to vonoprazan. More details about the event can be found on the company's website.
Price reaction · baseline $16.05 (2024-10-25 close) · clean, no other PHAT news in the window
day 0 close · peak
+8.3%
day 1
+7.7%
day 3
+6.9%

Market Sentiment Analysis

POSITIVE FACTORS

  • Phathom Pharmaceuticals will provide a business update on upcoming Q3 results.
  • The company is focused on developing novel treatments for gastrointestinal diseases.
  • They have exclusive rights to vonoprazan, a first-in-class PCAB.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+166%
120-day peak, hindsight
Typical move
4.5%
average across 7 past catalysts
Cash runway
~283 mo
Minimal dilution risk
Lead asset
Vonoprazan
Phase 3 · Erosive Esophagitis

Full Press Release Details

Management to host conference call on Thursday, November 7, 2024, at 8:30 am ET
FLORHAM PARK, N.J., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on developing and commercializing novel treatments for gastrointestinal diseases, today announced that it will host a live webcast at 8:30 am ET on Thursday, November 7, 2024, to report its third quarter 2024 financial results and provide a business update.
A live webcast and additional information about the presentation can be accessed on the Events & Presentations section of the Phathom website at https://investors.phathompharma.com/news-events/events-and-presentations. A recording will be available for 90 days following the conclusion of the meeting.
About Phathom Pharmaceuticals, Inc.
Phathom Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of novel treatments for gastrointestinal diseases. Phathom has in-licensed the exclusive rights to vonoprazan, a first-in-class potassium-competitive acid blocker (PCAB) that is currently marketed in the United States as VOQUEZNA® (vonoprazan) tablets for the treatment of heartburn associated with Non-Erosive GERD in adults, the healing and maintenance of healing of Erosive GERD in adults and associated heartburn, in addition to VOQUEZNA® TRIPLE PAK® (vonoprazan tablets, amoxicillin capsules, clarithromycin tablets) and VOQUEZNA® DUAL PAK® (vonoprazan tablets, amoxicillin capsules) for the treatment of H. pylori infection in adults. For more information about Phathom, visit the company’s website at www.phathompharma.com and follow on LinkedIn and X.

Frequently Asked Questions

When is Phathom Pharmaceuticals' conference call?

The conference call is on November 7, 2024, at 8:30 am ET.

How can I access the conference call webcast?

The webcast can be accessed on the Events & Presentations section of Phathom's website.

What is vonoprazan used for?

Vonoprazan treats heartburn, Erosive GERD, and H. pylori infection in adults.

Is a recording of the call available?

Yes, a recording will be available for 90 days after the meeting.

What diseases does Phathom focus on?

Phathom focuses on developing treatments for gastrointestinal diseases.

Last updated: Oct 28, 2024