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Spero Therapeutics to Provide Business Update and Report Third Quarter 2023 Financial Results on Monday, November 13, 2023

Key Takeaway: Spero Therapeutics, a clinical-stage biopharmaceutical company based in Cambridge, Massachusetts, announced it will provide a business update alongside its third quarter 2023 financial results on November 13, 2023. The call will include details about their current pipeline and financial performance. The company is focused on developing treatments for multi-drug resistant bacterial infections and rare diseases, furthering their aim to address significant unmet medical needs. Their investigational drugs, including SPR720 and tebipenem HBr, are currently in development, highlighting their commitment to innovation in healthcare.
Price reaction · baseline $1.19 (2023-11-03 close) · clean, no other SPRO news in the window
day 0 close · peak
-2.5%

Market Sentiment Analysis

POSITIVE FACTORS

  • Spero Therapeutics is focused on high unmet need areas, which could lead to significant advancements in treatment.
  • They are actively developing novel therapies for serious conditions, enhancing their pipeline.
  • The upcoming business update indicates transparency and engagement with investors.

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., Nov. 06, 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 Monday, November 13, 2023 at 4:30 p.m. ET to report its third quarter 2023 financial results and provide an update on its business and pipeline.
To access the call, please dial 1-877-704-4453 (domestic) or 1-201-389-0920 (international) and refer to conference ID 13741831, 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 is Spero Therapeutics' financial results conference call?

The conference call is on November 13, 2023, at 4:30 p.m. ET.

How can I access the Spero Therapeutics conference call?

Dial 1-877-704-4453 for domestic calls or 1-201-389-0920 for international calls.

What is SPR720 developed for?

SPR720 is being developed as a novel oral therapy for a rare pulmonary disease.

What type of infections is tebipenem HBr targeting?

Tebipenem HBr targets complicated urinary tract infections in patients with limited options.

What is SPR206 used to treat?

SPR206 is developed to treat multi-drug resistant Gram-negative infections in hospitals.

Last updated: Nov 6, 2023