Amryt Pharma PLC Result of AGM (3430Q)

TIDMAMYT

RNS Number : 3430Q

Amryt Pharma PLC

05 June 2018

5 June 2018

AIM: AMYT

Amryt Pharma plc

("Amryt" or the "Company")

Result of AGM

Amryt, a biopharmaceutical company focused on rare and orphan diseases, announces that all resolutions proposed at the Company's Annual General Meeting, held today, were duly approved by shareholders.

Enquiries:

 
 Amryt Pharma plc                      [phone] 
 Joe Wiley, CEO 
  Rory Nealon, CFO/COO 
 
 Shore Capital                         [phone] 
 NOMAD and Joint Broker 
 Edward Mansfield, Mark 
  Percy, Daniel Bush 
 Davy                                  [phone] 
 ESM Adviser and Joint Broker 
 John Frain, Anthony Farrell 
 Stifel                                [phone] 
 Joint Broker 
 Jonathan Senior, Ben Maddison 
 
 Consilium Strategic Communications    [phone] 
 Amber Fennell, Matthew 
  Neal, Nicholas Brown 
 

About Amryt

Amryt is a biopharmaceutical company focused on developing and delivering innovative new treatments to help improve the lives of patients with rare or orphan diseases.

Lojuxta is an approved treatment for adult patients with the rare cholesterol disorder - Homozygous Familial Hypercholesterolaemia ("HoFH"). This disorder impairs the body's ability to remove low density lipoprotein ("LDL") cholesterol ("bad" cholesterol) from the blood, typically leading to abnormally high blood LDL cholesterol levels in the body and subsequent aggressive and premature narrowing and blocking of blood vessels. Lojuxta is indicated as an adjunct to a low-fat diet and other lipid-lowering medicinal products with or without LDL apheresis in adult patients with HoFH.

Amryt holds an exclusive licence to sell Lojuxta (lomitapide) across the European Economic Area, Middle East and North Africa, Switzerland, Turkey, Israel, Russia, the Commonwealth of Independent States and the non-EU Balkan states.

Amryt's lead drug candidate, AP101, is a potential treatment for Epidermolysis Bullosa ("EB"), a rare and distressing genetic skin disorder affecting young children for which there is currently no treatment. It is currently in Phase 3 clinical trials. The European and US market opportunity for EB is estimated to be in excess of EUR1.3 billion.

Amryt's earlier stage product AP102 is focused on developing novel, next generation somatostatin analogue ("SSA") peptide medicines for patients with rare neuroendocrine diseases, where there is a high unmet medical need, including acromegaly and Cushing's disease.

In March 2018, Amryt in-licensed a pre-clinical gene-therapy platform technology, AP103, which offers a potential treatment for patients with Recessive Dystrophic Epidermolysis Bullosa, a subset of EB, and is also potentially relevant to other genetic disorders.

For more information on Amryt, please visit amrytpharma.com

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June 05, 2018 05:41 ET (09:41 GMT)