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Skye Bioscience to Participate in Upcoming December Healthcare Investment Conferences

Key Takeaway: Skye Bioscience, Inc. has announced plans to participate in key healthcare investment conferences in December, including the Evercore HealthCONx and Citi Global Healthcare Conferences. The company is focusing on its clinical-stage development, particularly the Phase 2 trial of nimacimab, an antibody targeting obesity treatment. These events represent opportunities for Skye to engage with investors and showcase its therapeutic developments. However, the company acknowledges the risks associated with forward-looking statements related to its clinical trials and market unpredictability.

Market Sentiment Analysis

POSITIVE FACTORS

  • Skye is actively engaging with investors at multiple healthcare conferences.
  • The company is focusing on innovative therapeutic pathways for metabolic health.
  • Ongoing Phase 2 clinical trial for nimacimab could enhance therapeutic options for obesity.

CONCERNS & RISKS

  • Forward-looking statements may involve risks and uncertainties that can negatively impact results.
  • Uncertainty regarding future testing outcomes remains a concern.

Full Press Release Details

SAN DIEGO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) (“Skye”), a clinical-stage biopharmaceutical company focused on unlocking new therapeutic pathways for metabolic health, today announced that it will participate in the following upcoming healthcare investment conferences:
Evercore HealthCONx Conference (Miami)
Fireside chat, Tuesday, December 3, 2:10 pm ET + 1x1 meetings
Citi Global Healthcare Conference (Miami)
Thursday, December 5, 1x1 meetings
Piper Sandler Annual Healthcare Conference (New York City)
Fireside chat, Thursday, December 5, 11:30 am ET + 1x1 meetings
Available webcasts will be accessible on Skye’s website.
About Skye Bioscience
Skye is focused on unlocking new therapeutic pathways for metabolic health through the development of next-generation molecules that modulate G-protein coupled receptors. Skye's strategy leverages biologic targets with substantial human proof of mechanism for the development of first-in-class therapeutics with clinical and commercial differentiation. Skye is conducting a Phase 2 clinical trial (ClinicalTrials.gov: NCT06577090) in obesity for nimacimab, a negative allosteric modulating antibody that peripherally inhibits CB1. This study is also assessing the combination of nimacimab and a GLP-1R agonist (Wegovy®). For more information, please visit: www.skyebioscience.com. Connect with us on X and LinkedIn.
LifeSci Advisors, Mike Moyer
LifeSci Communications, Michael Fitzhugh
FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, forward-looking statements can be identified by terminology including “anticipated,” “plans,” “goal,” “focus,” “aims,” “intends,” “believes,” “can,” “could,” “challenge,” “predictable,” “will,” “would,” “may” or the negative of these terms or other comparable terminology. These forward looking statements include, but are not limited to: statements regarding our product development, statements regarding the superior safety and tolerability profile of nimacimab relative to other small molecule CB1 inhibitors, statements relating to any expectations regarding the safety, including lack of neurosphyciatric effects, efficacy, tolerability or dosing of nimacimab, including based on preclinical models and the clinical information from the nimacimab Phase 1 study in NAFLD, statements regarding the ability of nimacimab to treat obesity or related indications, statements regarding the timing of receipt of interim and final data from Skye’s Phase 2 obesity study of nimacimab and statements regarding the therapeutic potential of nimacimab. Such statements and other statements in this press release that are not descriptions of historical facts are forward-looking statements that are based on management’s current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition, and stock price could be materially negatively affected. We operate in a rapidly changing environment, and new risks emerge from time to time. As a result, it is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements the Company may make. Risks and uncertainties that may cause actual results to differ materially include, among others, our capital resources, uncertainty regarding the results of future testing and development efforts and other risks that are described in the Company’s periodic filings with the Securities and Exchange Commission, including in the “Risk Factors” section of Skye’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Except as expressly required by law, Skye disclaims any intent or obligation to update these forward-looking statements.

Frequently Asked Questions

What conferences will Skye Bioscience attend?

Skye Bioscience will attend the Evercore HealthCONx, Citi Global Healthcare, and Piper Sandler Annual Healthcare Conferences.

What is nimacimab used for?

Nimacimab is a negative allosteric modulating antibody aimed at treating obesity.

What is Skye's focus in biopharmaceuticals?

Skye focuses on developing next-generation molecules for metabolic health.

How can I access Skye's webcasts?

Webcasts will be available on Skye's official website.

What is the goal of Skye Bioscience?

Skye aims to unlock therapeutic pathways for metabolic health through innovative drug development.

Last updated: Nov 18, 2024