Savara Inc - SVRA STOCK NEWS

Savara Inc. (SVRA) advanced its Phase 3 IMPALA 2 trial for Molgramostim in autoimmune pulmonary alveolar proteinosis, with a 20-month enrollment timeline on track. The European Medicines Agency accepted its revised Pediatric Investigation Plan. The company ended Q3 2021 with approximately $171 million in cash, sufficient to cover operations through 2025, beyond the anticipated IMPALA-2 data readout in late Q2 2024. Financial results showed a net loss of $10.5 million, a decrease from $11.1 million in Q3 2020, and a 16.6% rise in R&D expenses due to trial progression.

Savara Inc. (NASDAQ: SVRA), a clinical stage biopharmaceutical company focusing on rare respiratory diseases, will present at the Jefferies London Healthcare Conference from November 16-19, 2021. A pre-recorded, on-demand webcast of the presentation will be available starting November 18 at 3:00 am ET until November 19 at 12:00 pm ET. The replay will be accessible on Savara's Investors page for 90 days post-event. Savara's lead product, molgramostim, is in Phase 3 development for autoimmune pulmonary alveolar proteinosis.

Savara, a clinical stage biopharmaceutical company, announced its participation in a Fireside Chat at the inaugural Piper Sandler Lung Day on October 15, 2021, at 10:30 am ET. This event will discuss their lead program, molgramostim nebulizer solution, which is in Phase 3 development for autoimmune pulmonary alveolar proteinosis (aPAP). Following the event, a replay will be available on Savara’s website for 90 days.

Savara Inc. (NASDAQ: SVRA) announced its participation in two upcoming healthcare conferences. A pre-recorded presentation for the H.C. Wainwright 23rd Annual Global Investment Conference will be available from 7:00 AM ET on September 13, 2021. Additionally, a live presentation at the Oppenheimer Fall Healthcare Life Sciences & MedTech Summit is scheduled for 12:25 PM ET on September 20, 2021. Both presentations will be accessible on Savara's Investors page for 90 days.

Savara Inc. (Nasdaq: SVRA), a biopharmaceutical company focused on rare respiratory diseases, announced on September 2, 2021, the grant of inducement awards to two new employees. The awards consist of options to purchase 200,000 shares and restricted stock units (RSUs) covering 75,000 shares of common stock. The options have an exercise price of $1.59 per share and a 10-year term while vesting quarterly. RSUs vest in full after two years of employment. These equity awards were granted under the Savara Inc. 2021 Inducement Equity Incentive Plan, per NASDAQ Listing Rules.

Savara Inc. (NASDAQ: SVRA), a biopharmaceutical company focusing on rare respiratory diseases, announced the grant of inducement awards to two new employees on August 16, 2021. These awards comprise options for 200,000 shares and restricted stock units (RSUs) for 100,000 shares, granted under the 2021 Inducement Equity Incentive Plan. The options have an exercise price of $1.19 per share and a 10-year term, with quarterly vesting. RSUs will vest fully after two years, contingent on continued employment.

Savara Inc. (NASDAQ: SVRA) reported its financial results for Q2 ending June 30, 2021. The company registered a net loss of $10.9 million or $(0.07) per share, an improvement from the $9.4 million loss or $(0.16) per share in the same quarter last year. Research and development expenses rose by 19.3% to $7.3 million, driven by the molgramostim development program. Savara's cash position stands at $181 million, with $25 million in debt. The pivotal Phase 3 IMPALA 2 trial is in progress, following successful patient dosing and site activation.

Savara Inc. (Nasdaq: SVRA) has announced the dosing of the first patient in the pivotal IMPALA-2 clinical trial, designed to evaluate the efficacy and safety of molgramostim for autoimmune pulmonary alveolar proteinosis (aPAP). This Phase 3 trial will enroll approximately 160 patients across ~50 sites globally. Despite the previous IMPALA trial not meeting its primary endpoint, supportive secondary data showed potential benefits of molgramostim. The FDA granted Breakthrough Therapy Designation for molgramostim in aPAP in December 2019, highlighting its significance in addressing unmet medical needs.

Savara Inc. (Nasdaq: SVRA), a biopharmaceutical company specializing in rare respiratory diseases, has announced its participation in the Jefferies Virtual Healthcare Conference. The presentation is scheduled for June 2, 2021, at 10:00 AM ET. Interested parties can access the live audio webcast on Savara's Investors page, with an archived version available for 90 days post-event. The company’s primary focus is on its molgramostim nebulizer solution, currently in Phase 3 development for autoimmune pulmonary alveolar proteinosis (aPAP).