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Spero Therapeutics to Provide Business Update and Report First Quarter 2023 Financial Results on Thursday, May 11, 2023

Key Takeaway: Spero Therapeutics, a clinical-stage biopharmaceutical company, will host a conference call on May 11, 2023, to discuss its first quarter financial results and provide a business update. The company is focused on developing treatments for high unmet needs, particularly in rare diseases and multi-drug resistant infections. Key products in development include SPR720 for a rare pulmonary disease and tebipenem HBr for complicated urinary tract infections.
Price reaction · baseline $1.81 (2023-05-03 close) · hit after-hours · clean, no other SPRO news in the window
day 0 close · peak
+3.9%

Market Sentiment Analysis

POSITIVE FACTORS

  • Spero Therapeutics is hosting a conference call to report financial results and provide updates.
  • The company is focused on developing drugs for areas with high unmet medical need.
  • Spero is advancing its pipeline with promising candidates for rare diseases and multi-drug resistant infections.

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 04, 2023 (GLOBE NEWSWIRE) -- Spero Therapeutics, Inc. (Nasdaq: SPRO), a multi-asset clinical-stage biopharmaceutical company, focused on identifying, developing and commercializing treatments in high unmet need areas involving rare diseases and multi-drug resistant (MDR) bacterial infections, today announced that it will host a conference call and live audio webcast on Thursday, May 11, 2023 at 4:30 p.m. ET to report its first quarter 2023 financial results and provide an update on its business and pipeline.
To access the call, please dial 1-855-327-6837 (domestic) or 1-631-891-4304 (international) and refer to conference ID 10021779, or click on this link and request a return call. The audio webcast can be accessed on the "Events and Presentations" page under the “Connect” tab of the Company's website at www.sperotherapeutics.com. The archived webcast will also be available on Spero's website for 30 days following the call.
About Spero Therapeutics
Spero Therapeutics, headquartered in Cambridge, Massachusetts, is a multi-asset, clinical-stage biopharmaceutical company focused on identifying, developing, and commercializing novel treatments for bacterial infections, including multi-drug resistant bacterial infections and rare diseases.
Spero Therapeutics is developing SPR720 as a novel oral therapy candidate for the treatment of a rare, orphan pulmonary disease caused by non-tuberculous mycobacterial infections.
Tebipenem HBr is an investigational drug in the United States being developed for the treatment of complicated urinary tract infection (cUTI), including pyelonephritis, caused by certain bacteria, in adult patients who have limited treatment options; tebipenem HBr is not U.S. Food and Drug Administration (FDA)-approved.
Spero Therapeutics also has an IV-administered next generation polymyxin product candidate, SPR206, developed from its potentiator platform, which is in development to treat MDR Gram-negative infections in the hospital setting.
For more information, visit https://sperotherapeutics.com.
Investor Relations Contact:
Vice President, Investor Relations and Strategic Finance
Lora Grassilli, Health Media Relations

Frequently Asked Questions

When will Spero Therapeutics announce Q1 2023 results?

Spero Therapeutics will announce its Q1 2023 results on May 11, 2023.

How can I access the Spero Therapeutics conference call?

Dial 1-855-327-6837 domestically or 1-631-891-4304 internationally to access the call.

What is SPR720 developed for?

SPR720 is a novel oral therapy for a rare pulmonary disease linked to mycobacterial infections.

What is tebipenem HBr used to treat?

Tebipenem HBr is developed for complicated urinary tract infections in patients with limited options.

What is the focus of Spero Therapeutics?

Spero Therapeutics focuses on treatments for rare diseases and multi-drug resistant infections.

Last updated: May 4, 2023