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PolyPid to Report Fourth Quarter and Full-Year 2023 Financial Results and Operational Highlights on February 14, 2024

Key Takeaway: PolyPid Ltd. has announced that it will report its financial results for the fourth quarter and full-year 2023 on February 14, 2024, before U.S. market opening. The company, which specializes in improving surgical outcomes, will host a conference call and webcast at 8:30 AM Eastern Time to discuss the results and updates on its business operations. The lead product D-PLEX100 is currently in a Phase 3 trial aimed at preventing surgical site infections, highlighting the company's active engagement in clinical advancements.
Price reaction · baseline $6.59 (2024-01-30 close) · hit after-hours · clean, no other PYPD news in the window
day 0 close · peak
-4.4%

Market Sentiment Analysis

POSITIVE FACTORS

  • PolyPid will report fourth quarter and full-year 2023 results, indicating business progress.
  • An operational update will be shared during the conference call, showcasing transparency.
  • The company's focus on improving surgical outcomes with innovative therapeutics is promising.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+50%
120-day peak, hindsight
Typical move
4.8%
average across 4 past catalysts
Lead asset
D-PLEX
Phase 3 · Surgical Site Infection

Full Press Release Details

PETACH TIKVA, Israel, Jan. 31, 2024 (GLOBE NEWSWIRE) -- PolyPid Ltd. (Nasdaq: PYPD) (“PolyPid” or the “Company”), a late-stage biopharma company aiming to improve surgical outcomes, today announced that it will report its fourth quarter and full-year 2023 financial results and operational highlights before the open of the U.S. financial markets on Wednesday, February 14, 2024. The Company will host a conference call and webcast at 8:30 AM Eastern Time to discuss the results and provide an update on business operations.
To ensure you are connected prior to the beginning of the call, PolyPid suggests registering a minimum of 5 minutes before the start of the call. For those not planning to ask a question of management, the Company recommends listening via the webcast.
Conference Call Dial-In & Webcast Information:
Date: Wednesday, February 14, 2024
Time: 8:30 AM Eastern Time
Conference Call: https://register.vevent.com/register/BI8900a42f492b4240a3bba8285558d15f
Webcast: https://edge.media-server.com/mmc/p/7iigty2s
PolyPid Ltd. (Nasdaq: PYPD) is a late-stage biopharma company aiming to improve surgical outcomes. Through locally administered, controlled, prolonged-release therapeutics, PolyPid’s proprietary PLEX (Polymer-Lipid Encapsulation matriX) technology pairs with Active Pharmaceutical Ingredients (APIs), enabling precise delivery of drugs at optimal release rates over durations ranging from several days to months. PolyPid’s lead product candidate D-PLEX100 is in Phase 3 clinical trial for the prevention of abdominal colorectal surgical site infections. In addition, the Company is currently in preclinical stages to test the efficacy of OncoPLEX for the treatment of solid tumors, beginning with glioblastoma.
References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. PolyPid is not responsible for the contents of third-party websites.

Frequently Asked Questions

When will PolyPid announce its financial results?

PolyPid will announce its financial results on February 14, 2024.

What is PolyPid's lead product candidate?

PolyPid's lead candidate is D-PLEX100 for preventing surgical site infections.

What technology does PolyPid use for drug delivery?

PolyPid uses PLEX technology for controlled, prolonged drug release.

What time is the PolyPid conference call scheduled?

The conference call is scheduled for 8:30 AM Eastern Time.

Where can I find the webcast link for the call?

The webcast link for the call is available in the press release.

Last updated: Jan 31, 2024