Milestone Pharmaceuticals Inc. develops and commercializes cardiovascular medicines, centered on CARDAMYST (etripamil) nasal spray. CARDAMYST is FDA-approved for the conversion of acute symptomatic episodes of paroxysmal supraventricular tachycardia, or PSVT, to sinus rhythm in adults. Etripamil is also being developed for symptomatic episodic attacks associated with AFib-RVR.
Company news commonly covers CARDAMYST commercialization, payer formulary access, real-world evidence work such as the RESET-PSVT registry, cardiovascular conference presentations, regulatory updates, financial results and business updates. Milestone also reports equity inducement grants and other corporate actions tied to its Nasdaq-listed common shares.
Milestone Pharmaceuticals (Nasdaq: MIST) announced presentations by CEO Joseph Oliveto at key investor conferences. The 2021 Jefferies London Virtual Healthcare Conference presentation becomes available on-demand on November 18, 2021, at 3:00 a.m. ET. Additionally, at the Piper Sandler 33rd Annual Virtual Healthcare Conference, a fireside chat will be accessible starting at 10:00 a.m. ET on November 22, 2021. Replays will be found on Milestone's website for approximately 30 days after the events, reinforcing their commitment to innovative cardiovascular medicine.
Milestone Pharmaceuticals (Nasdaq: MIST) has announced that Amit Hasija, CFO, will present at the 2021 Cantor Fitzgerald Virtual Global Healthcare Conference on September 29, 2021, at 10:00 a.m. ET. The presentation will occur virtually, and a live webcast can be accessed on Milestone's website, with an archived replay available afterward. Milestone is developing innovative cardiovascular medicines, including etripamil, which is in Phase 3 for treating paroxysmal supraventricular tachycardia and in Phase 2 for atrial fibrillation.
Milestone Pharmaceuticals (Nasdaq: MIST) announced that CEO Joseph Oliveto will participate in a fireside chat at the H.C. Wainwright 23rd Annual Global Investment Conference from September 13-15, 2021. The chat will be pre-recorded and accessible from September 13, 2021, at 7:00 am ET on Milestone's website. Milestone focuses on innovative cardiovascular medicines, with its lead product candidate, etripamil, in Phase 3 trials for paroxysmal supraventricular tachycardia and in Phase 2 trials for atrial fibrillation treatment.
Milestone Pharmaceuticals (MIST) reported Q2 2021 financial results, highlighting a revenue of $15 million from an exclusive license agreement. As of June 30, the company had $135.8 million in cash and investments. Operating income reached $0.7 million, a significant improvement from a loss of $13.1 million in Q2 2020. Progress continues in clinical trials for etripamil, with increasing enrollment rates for the Phase 3 RAPID trial and positive potential indicated for AFib-RVR treatment. The company remains on track to report topline data in H2 2022.
Milestone Pharmaceuticals (Nasdaq: MIST) announced that Joseph Oliveto, President and CEO, will present at the Jefferies Virtual Healthcare Conference on June 2, 2021, at 4:00 PM ET. The event will be held virtually, and a live webcast can be accessed on Milestone's website, with an archived replay available afterward. Milestone focuses on innovative cardiovascular medicines, with its lead product candidate, etripamil, in Phase 3 trials for paroxysmal supraventricular tachycardia and Phase 2 for atrial fibrillation. For more details, visit www.milestonepharma.com.
Milestone Pharmaceuticals (Nasdaq: MIST) announced significant data from its NODE-301 trial of etripamil, a novel nasal spray for treating paroxysmal supraventricular tachycardia (PSVT). Data presented at the American College of Cardiology's 70th Annual Scientific Session revealed that etripamil showed statistically significant improvements in symptoms and reduced emergency room visits compared to placebo. The trial enrolled 431 patients, showing a 51% reduction in ER visits and marked improvements in treatment satisfaction metrics. Milestone is also progressing with its pivotal RAPID trial for etripamil.
Milestone Pharmaceuticals (MIST) reported Q1 2021 financial results, highlighting cash reserves of $129.9 million. The pivotal Phase 3 RAPID trial of etripamil is ongoing, with topline data expected in H2 2022. An exclusive license agreement with Ji Xing Pharmaceuticals will advance etripamil in Greater China, providing an upfront $15 million and potential milestone payments up to $107.5 million. R&D expense decreased to $8.6 million amid COVID-19 disruptions, with operating loss reduced to $12.6 million from $16.8 million year-over-year.
Milestone Pharmaceuticals (Nasdaq: MIST) announced a collaboration with Ji Xing Pharmaceuticals to develop and commercialize etripamil for paroxysmal supraventricular tachycardia (PSVT) in Greater China. The agreement includes a $15 million upfront payment, a $5 million equity investment, and potential milestone payments of up to $107.5 million. Etripamil, designed as a rapid-response therapy for PSVT, aims to transform treatment from emergency settings to home use. Ongoing Phase 3 trials for PSVT and a Phase 2 trial for atrial fibrillation are part of Milestone's comprehensive development program.
Milestone Pharmaceuticals (MIST) reported its financial results for Q4 and the full year of 2020, emphasizing progress in its etripamil development program for PSVT. The company has $142.3 million in cash, showing growth from $119.8 million in 2019. R&D expenses decreased to $5.8 million in Q4 from $14.1 million in the same period last year, aiding in narrowing the operating loss to $8.8 million. Milestone remains on track for topline data from the Phase 3 RAPID trial in late 2021 or early 2022 and has initiated a Phase 2 study for atrial fibrillation patients.
Milestone Pharmaceuticals Inc. (Nasdaq: MIST) has enrolled the first patient in its Phase 2 proof-of-concept study, known as the ReVeRA study, for etripamil nasal spray aimed at reducing ventricular rate in patients with atrial fibrillation and rapid ventricular rate (AFib-RVR). This double-blind, placebo-controlled trial in Canada will involve 50 participants, assessing both safety and efficacy. Currently, AFib impacts approximately 5 million Americans, projected to rise to 12 million in the next decade, presenting a significant market opportunity for etripamil if successful.