Vernalis PLC Notice of Annual Report and AGM (0137V)

TIDMVER

RNS Number : 0137V

Vernalis PLC

02 November 2017

2 November 2017

NOTICE OF REPORT AND ACCOUNTS AND ANNUAL GENERAL MEETING

Vernalis plc (LSE: VER) gives notice of the following:

-- that copies of the Group's Report and Accounts for the 12 month period ended 30 June 2017, the Notice of Annual General Meeting ("AGM") and Form of Proxy have been sent to shareholders. These documents are also available on the Investor Centre page of the Company's web site at www.vernalis.com; and

-- that its AGM will be held on Thursday 14 December 2017 at the offices of Covington & Burling LLP, 265 Strand, London, WC2R 1BH at 10.30 am.

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Enquiries:

 
 Vernalis plc:                      [phone] 
 Ian Garland, Chief Executive 
  Officer 
  David Mackney, Chief Financial 
  Officer 
 Canaccord Genuity Limited 
  (Nominated Adviser and Joint 
  Broker):                          [phone] 
 Henry Fitzgerald-O'Connor 
  Emma Gabriel 
 Shore Capital (Joint Broker):      [phone] 
 Toby Gibbs 
  Mark Percy 
 FTI Consulting:                    [phone] 
 Ben Atwell 
  Simon Conway 
  Stephanie Cuthbert 
 Stern Investor Relations:               [phone] 
 Stephanie Ascher 
  Jane Urheim 
 

Notes to Editors

About Vernalis

Vernalis is a revenue generating, commercial stage pharmaceutical company with significant expertise in drug development. The Group has three approved products: Tuzistra(R) XR, targeting the US prescription cough-cold market; Moxatag(R) , a once-a-day formulation of the antibiotic, amoxicillin, indicated for the treatment of tonsillitis and/or pharyngitis secondary to Streptococcus pyogenes in adults and pediatric patients 12 years and older; and frovatriptan for the acute treatment of migraine. It has an exclusive licensing agreement to develop and commercialise multiple novel products focussed on the US prescription cough-cold market as well as eight programmes in its NCE development pipeline. Vernalis has also significant expertise in fragment and structure based drug discovery which it leverages to enter into collaborations with larger pharmaceutical companies. The Company's technologies, capabilities and products have been endorsed over the last ten years by collaborations with leading pharmaceutical companies, including Asahi Kasei Pharma, Biogen Idec, Endo, GSK, Genentech, Lundbeck, Menarini, Novartis, Servier, and Tris.

For further information about Vernalis, please visit www.vernalis.com.

Vernalis Forward-Looking Statement

This news release may contain forward-looking statements that reflect the Company's current expectations regarding future events including the clinical development and regulatory clearance of the Company's products, the Company's ability to find partners for the development and commercialisation of its NCE pipeline, the Company's ability to successfully commercialise its cough-cold products and Moxatag(R) through its own salesforce, as well as the Company's future capital raising activities. Forward-looking statements involve risks and uncertainties. Actual events could differ materially from those projected herein and depend on a number of factors including the success of the Company's research strategies, the applicability of the discoveries made therein, the successful and timely completion of clinical studies, the uncertainties related to the regulatory process, the ability of the Company to identify and agree beneficial terms with suitable partners for the commercialisation and/or development of its products, as well as the achievement of expected synergies from such transactions, the acceptance of Tuzistra(R) XR, Moxatag(R) , frovatriptan and other products by consumers and medical professionals, the successful integration of completed mergers and acquisitions and achievement of expected synergies from such transactions, and the ability of the Company to identify and consummate suitable strategic and business combination transactions.

This information is provided by RNS

The company news service from the London Stock Exchange

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November 02, 2017 03:00 ET (07:00 GMT)