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Spero Therapeutics to Participate in H.C. Wainwright Annual BioConnect Investor Conference

Key Takeaway: Spero Therapeutics, a clinical-stage biopharmaceutical company, announced that its CEO, Sath Shukla, will participate in the H.C. Wainwright 2nd Annual BioConnect Investor Conference on May 20, 2024. This event will take place at the NASDAQ World Headquarters in New York. Spero is focused on developing novel treatments for rare diseases and multi-drug resistant infections, with several products currently in various stages of clinical trials, including SPR720 and Tebipenem HBr. The event is expected to highlight the company’s ongoing endeavors and advancements in biopharmaceuticals.
Price reaction · baseline $1.62 (2024-05-15 close) · hit after-hours · clean, no other SPRO news in the window
day 0 close · peak
-3.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Spero Therapeutics' CEO will participate in a notable investor conference.
  • The company is developing promising treatments for rare diseases and MDR infections.
  • Ongoing clinical trials indicate active engagement in advancing healthcare solutions.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+8%
120-day peak, hindsight
Typical move
7.4%
average across 5 past catalysts
Cash runway
~28 mo
Minimal dilution risk
Lead asset
Tebipenem pivoxil hydrobromide
Phase 1 · Renal Impairment

Full Press Release Details

CAMBRIDGE, Mass., May 16, 2024 (GLOBE NEWSWIRE) -- Spero Therapeutics, Inc. (Nasdaq: SPRO), a multi-asset clinical-stage biopharmaceutical company, focused on identifying and developing novel treatments for rare diseases and multi-drug resistant (MDR) bacterial infections, today announced that Sath Shukla, President and Chief Executive Officer of Spero Therapeutics, will participate in a fireside chat and be available for one-on-one meetings at the H.C. Wainwright 2nd Annual BioConnect Investor Conference at NASDAQ, to take place on Monday, May 20, 2024, at the NASDAQ World Headquarters New York, NY. Details are as follows:
H.C. Wainwright 2 nd Annual BioConnect Investor Conference at NASDAQ
Date: May 20, 2024
Time: 1:30 - 2:00 PM ET
Webcast Link: click here
The webcast may also be accessed through Spero Therapeutics’ website (www.sperotherapeutics.com) on the “Events and Presentations” page under the “Connect” tab. A replay will be available on the website following the conclusion of the event.
About Spero Therapeutics
Spero Therapeutics, headquartered in Cambridge, Massachusetts, is a multi-asset, clinical-stage biopharmaceutical company focused on identifying and developing novel treatments for rare diseases and multi-drug resistant (MDR) bacterial infections.
Spero Therapeutics is developing its wholly owned lead product candidate, SPR720 as a novel oral, first-line treatment for nontuberculous mycobacterial pulmonary disease (NTM-PD), currently advancing in a Phase 2A proof of concept study. NTM-PD is a rare pulmonary disease caused by non-tuberculous mycobacterial infections.
Tebipenem HBr is an investigational oral drug advancing in a Phase 3 registrational trial for the treatment of complicated urinary tract infection (cUTI), including pyelonephritis. Spero granted GSK an exclusive license to commercialize tebipenem HBr in all territories, except certain Asian territories.
SPR206 is an innovative, investigational IV-administered direct-acting next generation polymyxin that has shown antibiotic activity against MDR Gram-negative pathogens, including carbapenem-resistant Enterobacteriaceae, Acinetobacter baumannii and Pseudomonas aeruginosa in preclinical studies. An Investigational New Drug (IND) application has been cleared by the FDA to advance SPR206 into a Phase 2 clinical trial in participants with hospital-acquired or ventilator-associated bacterial pneumonia.
For more information, visit https://sperotherapeutics.com.
Investor Relations Contact:

Frequently Asked Questions

What is Spero Therapeutics focused on?

Spero Therapeutics develops novel treatments for rare diseases and MDR bacterial infections.

When is the H.C. Wainwright BioConnect Conference?

The conference is on May 20, 2024, from 1:30 to 2:00 PM ET.

What is SPR720 used to treat?

SPR720 is a novel treatment for nontuberculous mycobacterial pulmonary disease.

What is tebipenem HBr advancing for?

Tebipenem HBr is in a Phase 3 trial for complicated urinary tract infections.

What is SPR206's target infection?

SPR206 targets multidrug-resistant Gram-negative bacterial infections.

Last updated: May 16, 2024