Matinas BioPharma Reports 2017 First Quarter Financial Results And Provides Corporate Update

BEDMINSTER, N.J., May 16, 2017 (GLOBE NEWSWIRE) -- Matinas BioPharma Holdings, Inc. (NYSE MKT:MTNB), a clinical-stage biopharmaceutical company focused on developing innovative anti-infectives for orphan indications, today announced its financial results for the quarter ended March 31, 2017.

The Company also reviewed the progress of its lead anti-infective products in development, MAT2203, an orally administered, encochleated formulation of amphotericin B (a broad spectrum fungicidal agent), and MAT2501, an orally administered, encochleated formulation of the broad spectrum aminoglycoside antibiotic, amikacin, to treat gram-negative bacterial infections and other intercellular bacterial infections.

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