Zosano Reports First Quarter 2016 Financial Results
FREMONT, Calif., May 12, 2016 (GLOBE NEWSWIRE) -- Zosano Pharma Corporation (NASDAQ:ZSAN), a clinical stage specialty pharmaceutical company with proprietary technology for the dermal delivery of drugs, today announced financial results for the first quarter ended March 31, 2016.
“Zosano is making progress towards initiating our pivotal efficacy trial for our ZP-Triptan product candidate for the acute treatment of migraine. Completion of the pivotal study by Q1 2017 remains on target,” said Dr. Konstantinos Alataris, Zosano’s President and Chief Executive Officer.
The company has confirmation from the U.S. Food & Drug Administration (FDA) that a single, positive, pivotal efficacy study, in addition to a safety study, will be sufficient for approval under the 505(b)(2) pathway.
“Zosano is making progress towards initiating our pivotal efficacy trial for our ZP-Triptan product candidate for the acute treatment of migraine. Completion of the pivotal study by Q1 2017 remains on target,” said Dr. Konstantinos Alataris, Zosano’s President and Chief Executive Officer.
The company has confirmation from the U.S. Food & Drug Administration (FDA) that a single, positive, pivotal efficacy study, in addition to a safety study, will be sufficient for approval under the 505(b)(2) pathway.