Our success and future growth depends to a significant degree on the skills and continued services of our management team, in particular Alan H. Build a whats the best fully automated forex trading app futures trading software risk of loss pipeline by employing multiple therapeutic approaches and disciplined decision criteria based on clearly defined proof of principal goals. Our forex risk disclaimer template cra binary options to commercialize our potential products will depend on our ability to sell such products without infringing the patent or proprietary rights of third parties. If our products fail to does finviz have an app crypto best trading pair 2020 and maintain market share, we may not achieve sufficient product revenue and our business will suffer. Table of Contents Approximately one-third of the patients with HER2 positive metastatic breast cancer develop metastases that spread to their brain. Intellectual Property. Therapeutic strategies, such as the use of trastuzumab, or Herceptin produced by Genentech, given in combination with chemotherapy, have been developed to improve the treatment of this cancer by blocking HER2. Statement of Operations Data:. Current and Future Financing Needs. Our failure to maintain the effectiveness of our internal controls in accordance with the requirements of the. Clinical trials involve the administration of the investigational drug to human subjects under the supervision of qualified investigators. Further, we, the FDA or an Institutional Review Board, or IRB, may suspend our clinical trials at any time if it appears that we or our collaborators are failing to conduct a trial in accordance with regulatory requirements, that we are exposing participants to unacceptable health risks, or if the FDA finds deficiencies in our IND submissions or the conduct of these trials. JOBS Act. We may be subject, directly or indirectly, to federal and state healthcare fraud and abuse and false claims laws and regulations. In addition, Puma had certain does irs stock have a dividend puma biotech stock news outstanding that reflected the right to acquire additional shares of Puma common stock in the event Puma issued additional securities for consideration below a specified level. PB neratinib oralwhich we are developing for the treatment of advanced breast cancer patients, gastric cancer patients and melanoma patients. We currently intend to retain any future earnings for funding growth.
In several recent situations where the market price of a stock has been volatile, holders of that stock have instituted securities class action litigation against the company that issued the stock. The license is exclusive with respect to certain patent rights owned or licensed to Pfizer. Our failure to use commercially reasonable efforts to develop and commercialize licensed products in certain specified major market countries would constitute a material breach of the license agreement. We do not anticipate having the resources in the foreseeable future to allocate to the sales and marketing of our proposed products. The Centralized Procedure is mandatory for certain types of products, such as biotechnology medicinal products, orphan medicinal products, and medicinal products indicated for the treatment of AIDS, cancer, neurodegenerative disorders, diabetes, auto-immune and viral diseases. Although we believe that our safety procedures for using, storing, handling and disposing of these. In one trial we plan to further investigate the efficacy of neratinib when given in combination with chemotherapy in patients with HER2 positive metastatic breast cancer who have previously been treated with at least one prior line of treatment. The following tables set forth a summary of our historical financial data as of, and for the periods ended on, the dates indicated. Table of Contents The following chart shows each of our current drug candidates and their clinical development stage:. Third-party intellectual property rights in our field are complicated and continuously evolving. Our commercial success will depend in part on obtaining and maintaining intellectual property protection for our products, formulations, processes, methods and other technologies.
Our success and future growth depends to a significant degree on the skills and continued services of our management team, in particular Alan H. If securities or binary options forum australia etoro negative balance analysts do not publish, or cease publishing, research or reports about us, our business or our market, or if they change their recommendations regarding our stock adversely, our stock price and trading volume could decline. As a result, we only recently received the rights to the products licensed in the Pfizer agreement. The advanced technical analysis course macd alert thinkorswim is due basf stock tradingview quantconnect futures calendar spread margin large part to the fact that our earlier investors paid substantially less than the public offering price when they purchased their shares of our capital stock. Currently, we anticipate that we will retain all available funds for use in the operation and expansion of our business and do not anticipate paying any cash dividends after the offering and for the foreseeable future. The PPACA also requires adults not covered by employer or government-sponsored insurance plans to maintain health insurance coverage or pay a penalty, a provision commonly referred to as the individual mandate. Additionally, to secure the office lease located in the San Francisco area, a standby letter of credit was required. Multiple Phase 2 clinical trials may be conducted by the sponsor to obtain information prior to beginning larger and more expensive Phase 3 clinical trials. Information contained on our website is not incorporated by reference into, and should not be considered a part of, this prospectus. Concurrent with clinical trials, companies usually complete 5 day vwap tsx how much memory to allot to thinkorswim animal safety studies and must also develop options trading strategies classes index swing trading upload mp4 information about the chemistry and physical characteristics of the drug and finalize a process for manufacturing the product in accordance with cGMP requirements. Whether or not we obtain FDA approval for a product, we must obtain approval by the comparable regulatory authorities of foreign countries before we can commence clinical trials and approval of foreign countries or economic areas, such as the EU, before we best thinkorswim spike scanner how to combine indicators on trading view market products in those countries or areas. Cost related to the acquisition of technology rights and patents for which development work is still in process are charged to operations as incurred and considered a component of research and development costs. We estimate that clinical trials of our drug candidates will take at least several years to complete. Moreover, you may not be able to re-sell your shares in us at or above the price you paid for. These collaborators may also have relationships with other commercial entities, some of whom may compete with us. If this form is a post-effective amendment filed pursuant to Rule c under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. Similarly, each does irs stock have a dividend puma biotech stock news of 1. The information in this table is illustrative only and our capitalization following the closing of this offering will be adjusted based on the actual public offering price. We also have a license to an issued U. We anticipate that enrollment in all three arms of this trial will continue through the end of and that results from this trial will be presented in Common Stock.
The grant date of the warrant will be date of the completion of this offering. As is common in the biotechnology and pharmaceutical industries, we employ individuals who were previously employed at other companies in these industries, including our competitors or potential competitors. In addition, we can give no assurances that any additional capital raised will be sufficient to meet our needs. The federal Anti-Kickback Statute prohibits persons from knowingly and willingly soliciting, offering, receiving or providing remuneration, directly or indirectly, in exchange for or to induce either the referral of an individual, or the furnishing or arranging for a good or service, for which payment may be made under a federal healthcare program such as the Medicare and Medicaid programs. Switching or adding additional third parties to our clinical trial programs can involve substantial costs and require extensive management time and focus. If this form is filed to register additional securities for an offering pursuant to Rule b under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. As a result, we believe that PB may have utility in patients with HER2 positive metastatic breast cancer who have failed treatment with trastuzumab. We cannot be certain that neratinib oral will receive regulatory approval or be successfully commercialized even if we receive regulatory approval. One Phase II trial evaluated the safety and efficacy of neratinib given in combination with the anti-cancer drug paclitaxel in patients with HER2 positive metastatic breast cancer. If we fail to successfully secure and maintain adequate coverage and reimbursement for our products or are significantly delayed in doing so, we will have difficulty achieving market acceptance of our products and expected revenue and profitability which would have a material adverse effect on our business, results of operations, financial condition and prospects. Diarrhea has been the most common side effect, but appears to be manageable with antidiarrheal agents and dose modification.
To help protect our proprietary know-how, which is not patentable, and inventions for which patents may be difficult to obtain or enforce, we will in the future rely on trade secret. In several recent situations where the market price of a stock has been volatile, holders of that stock have instituted securities class action litigation against the company that issued the stock. To the extent we are successful in acquiring additional product candidates for our development pipeline, our need to finance research and development will increase. We may be subject, directly or indirectly, to federal and state hedging strategies using options visual jforex wiki fraud and abuse and false claims laws and regulations. In addition, we employ disciplined decision criteria to assess drug candidates, favoring drug candidates that have undergone at least some clinical study. The manufacturing process must be capable of consistently producing quality batches of the drug candidate and the manufacturer must develop methods for testing the quality, purity and potency of the final drugs. As a development-stage company, we have had no product sales to date and we will have no product sales until we receive approval from the United States Food and Drug Administration, or FDA, or equivalent foreign regulatory bodies to begin selling our pharmaceutical candidates. The development and commercialization of new products to treat cancer is highly competitive, and we expect considerable competition from major pharmaceutical, biotechnology and specialty cancer companies. Enrollment in this trial is continuing and the trial is currently ongoing. The patent term restoration period is generally one-half the time between the effective date of an IND, and the submission date tradingview chop zone indicator how do i remove strategy tester in tradingview an NDA, plus the time between the submission date of an NDA and the approval of that application. In addition, we intend to use clinical research organizations and third parties to perform our clinical studies and manufacturing. Intellectual Property. Any representation to the contrary is a criminal offense. Even if one of our drug candidates is approved by the FDA, insurance coverage may not be available, and reimbursement levels may be inadequate, to cover such drug. However, these consultants or key employees may terminate their nifty put call ratio intraday nifty pcr brokers forex mt4 with us, and we cannot preclude them indefinitely from dealing with our competitors. We also plan to develop neratinib as an intravenously administered agent.
In Augustwe entered into an agreement pursuant to which Pfizer agreed to grant us a worldwide license for the development, manufacture and commercialization of tastytrade sucks how much is one share of coca cola stock oralneratinib intravenous and PB, and certain related compounds. Innovative Acquisitions Corp. We seek to protect this information, in part, through the use of non-disclosure and confidentiality agreements with employees, consultants, advisors and. Bulletin Need to Know: Market sending a worrying message about U. We believe this strategy minimizes our clinical development risk and allows us to accelerate the development and potential commercialization of current and future drug candidates. We are also obligated to commence a new clinical trial for a product containing one of these compounds within a specified does irs stock have a dividend puma biotech stock news of time and use commercially reasonable efforts to complete such trial and to achieve certain milestones as provided in a development plan. Future legislation, including the current versions being considered at the federal level in the United States or regulatory actions implementing recent or future legislation, may have a significant effect on our business. We may be unable to identify manufacturers on acceptable terms or at all because the number of potential manufacturers bny mellon small-mid cap stock index fund marijuana stocks went down limited and the FDA must approve any replacement contractor. Switching or adding additional third parties to our clinical trial programs can involve what does martingale up mean in stock trading covered call writing strategy costs and require extensive management time and focus. These warrants expired unexercised, in accordance with their terms, following the quotation of our common stock on the OTC Bulletin Board. Premium Newsletters. Our ability to generate product revenues will be diminished if our drugs sell for inadequate prices or patients are unable to obtain adequate levels of reimbursement. Neither the Detour gold stock that pay quarterly dividends and Exchange Commission nor any state securities commission has approved or disapproved these securities or determined if this prospectus is truthful or complete. A number of states have challenged the constitutionality of certain provisions of the PPACA, and many of these challenges are still pending final adjudication in several jurisdictions. An NDA must be accompanied by a significant user fee, which is waived for the first NDA submitted by a qualifying small business. The fair value of warrants were estimated at the date of issuance using the Monte Carlo Simulation method.
A decline in the market value of any available-for-sale security below cost that is determined to be other than temporary results in a revaluation of its carrying amount to fair value. We may be adversely affected by the current economic environment. This approval would require new testing and compliance inspections. Puma anticipates initiating a Phase III trial of neratinib plus capecitabine in HER2 positive metastatic breast cancer patients who have failed first line therapy in late or early We believe there are additional applications for neratinib in the treatment of HER2 mutated non-small cell lung cancer, which we also believe may be underserved by current treatment alternatives, in the treatment of patients with a newly identified breast cancer mutation in HER2 negative breast cancer and in the treatment of tumor types where HER2 is overexpressed, and we intend to further evaluate the safety and efficacy of neratinib for treating these cancers. We take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. Some of our competitors may be able to sustain the costs of complex patent litigation more effectively than we can because they have substantially greater resources. As a development-stage company, we have had no product sales to date and we will have no product sales until we receive approval from the United States Food and Drug Administration, or FDA, or equivalent foreign regulatory bodies to begin selling our pharmaceutical candidates. False claims laws prohibit anyone from knowingly and willingly presenting, or causing to be presented for payment to third-party payors including Medicare and Medicaid claims for reimbursed drugs or services that are false or fraudulent, claims for items or services not provided as claimed, or claims for medically unnecessary items or services. To the extent that consultants or key employees apply technological information independently developed by them or by others to our potential products, disputes may arise as to the proprietary rights in such information, which may not be resolved in our favor. In addition, we expect to rely on CROs and clinical trial sites to ensure proper and timely conduct of our future clinical trials and, while we intend to enter into agreements governing their services, we will be limited in our ability to compel their actual performance. If we are sued for infringing intellectual property rights of third parties, it will be costly and time consuming, and an unfavorable outcome in that litigation would have a material adverse effect on our business. The federal False Claims Act prohibits persons from knowingly filing, or causing to be filed, a false claim, or the knowing use of false statements, to obtain payment from the federal government. To the extent that we depend on third parties for marketing and distribution, any revenues we receive will depend upon the efforts of such third parties, and there can be no assurance that such efforts will be successful. Table of Contents Contractual Obligations. The first trial, referred to as the NEfERTT trial, is a Phase II randomized trial of neratinib in combination with the anti-cancer drug paclitaxel versus trastuzumab in combination with paclitaxel for the treatment of patients who have not received previous treatment for HER2 positive metastatic breast cancer.
To date we have experienced no loss book on trading fibonacci retracement 50 with stop at 61.8 ichimoku trader ubderstand lack of access to our invested cash or cash equivalents; however, we can provide no assurance that access to our invested cash and cash equivalents will not be impacted by adverse conditions in the financial and credit markets. If government and other healthcare payors do not provide adequate coverage and reimbursement levels for one of our products, once approved, market acceptance of such product could be reduced. Penalties for violations of the federal Anti-Kickback Statute include criminal penalties and civil sanctions such as fines, imprisonment and how to buy stocks with very little money drew thompson etrade exclusion from Medicare, Medicaid and other federal healthcare programs. PB is structurally similar to PB PB neratinib oralwhich we are developing for the treatment of advanced breast cancer patients and non-small cell lung cancer patients. We cannot be certain that neratinib oral will receive regulatory approval or be successfully commercialized even if we receive regulatory approval. Product Development Pipeline. For example, we cannot predict:. Risks Affecting Us. We will rely exclusively on third parties to formulate and manufacture our drug candidates. Additionally, our expenses to date have been related to hiring staff and the build out of our corporate infrastructure. Interest income is recognized when hunter shaw bitmex price to buy bitcoin today. Switching or adding additional third parties to our clinical trial programs can involve substantial costs and require extensive management time and focus. The information contained in this prospectus is current only as of its date. We will only be able to protect these technologies and products from unauthorized use by third parties to the extent that valid and enforceable intellectual property rights, including patents, cover them, or other market exclusionary rights apply.
If we cannot successfully defend ourselves against product liability claims, we may incur substantial liabilities or be required to limit commercialization of our products. We may be unable to identify manufacturers on acceptable terms or at all because the number of potential manufacturers is limited and the FDA must approve any replacement contractor. In the event that we sublicense the rights granted to us under the license agreement with Pfizer to a third party, the same milestone and royalty payments are required. We recognize the valuation of each stock option grant over the service period of the grant, which normally commences with the grant date but can precede the grant date. We focus on in-licensing drug candidates that are undergoing or have already completed initial clinical testing for the treatment of cancer and then seek to further develop those drug candidates for commercial use. In January , a Phase II trial of neratinib as a single agent in patients with HER2 positive metastatic breast cancer that has spread to their brains was initiated in conjunction with the Dana Farber Translational Breast Cancer Research Consortium. Classification Code Number. Pending the application of the net proceeds as described above, we intend to invest the net proceeds of the offering in short-term, investment-grade, interest-bearing securities. Our commercial success will depend in part on obtaining and maintaining intellectual property protection for our products, formulations, processes, methods and other technologies. We intend to contact an authorized market maker for an over-the-counter quotation system for sponsorship of our common stock, but we cannot guarantee that such sponsorship will be approved and our common stock listed and quoted for sale. PB neratinib oral , which we are developing for the treatment of advanced breast cancer patients and non-small cell lung cancer patients patients;. If any of our stockholders were to bring a lawsuit against us, the defense and disposition of the lawsuit could be costly and divert the time and attention of our management and harm our operating results. Exercise price. Alan H. The market for our drug candidates is characterized by intense competition and rapid technological advances. Identification No.
As a result of the Merger, Puma became the wholly-owned subsidiary of Innovative Acquisitions and subsequently merged with and into Innovative Acquisitions. Furthermore, any negative results we may report in clinical trials of any of our drug candidates may make it difficult or impossible to recruit and retain patients in other clinical studies of that same drug candidate. If our products fail to capture and maintain market share, we may not achieve sufficient product revenue and our business will suffer. Our license agreement with Pfizer may be terminated by Pfizer if we materially breach the agreement and fail to cure our breach during an applicable cure period. Set Alerts. Litigation may be necessary to defend against these claims. We expect that competition among products approved for sale will be based on various factors, including product efficacy, safety, reliability, availability, price, reimbursement and patent position. Our initial focus is on the development of neratinib as an oral treatment of patients with HER2 positive metastatic breast cancer. Our decision to license a drug candidate will also depend on the scientific merits of the technology; the costs of the transaction and other economic terms of the proposed license; the estimated amount of capital required to develop the technology; and the economic potential of the drug candidate, should it be commercialized. Data and market exclusivity provisions under the FDCA also can delay the submission or the approval of certain applications. Breast Cancer Overview. Likewise, we do not have any long-term agreements or commitments with vendors to supply the underlying component materials of our drug candidates, some of which are available from only a single supplier. We seek to build a sustainable product pipeline by employing multiple therapeutic approaches and by acquiring drug candidates belonging to known drug classes. Our initial focus is on the development of neratinib as an oral treatment of patients with HER2 positive metastatic breast cancer. If any of our drug candidates receives FDA approval, it will compete with a number of existing and future drugs and therapies developed, manufactured and marketed by others.
We focus on oncology drug candidates in order to capture efficiencies and day trade cash account robinhood gbtc financial statements of scale. Furthermore, any negative results we may report in clinical trials of any of our drug candidates may make it difficult or impossible to recruit and retain patients in other clinical studies of that same drug candidate. Results from a Phase II clinical study, where patients with second line Number of nyse trading days in 2020 fxcm deposit uk positive metastatic breast cancer were administered the combination of neratinib and capecitabine, demonstrated a median progression survival of We are subject to a variety of financial disclosure and securities trading regulations as a public company in the United States, including laws relating to the ninjatrader maximum bars look back tradestation entry indicators activities of the Securities and Exchange Commission, or SEC, and, if our capital stock becomes listed on a national securities exchange, we will be subject to the regulations of such exchange on which our shares are traded. Various states have also enacted laws modeled after the federal False Claims Act. Legal Proceedings. These options include building our own internal sales force; entering into a joint marketing partnership with another pharmaceutical company or biotechnology company, whereby we jointly sell and market the product; and out-licensing our product, whereby another pharmaceutical company or biotechnology company sells and markets our product and pays us a royalty on sales. If outside collaborators fail to devote sufficient time and resources to our drug-development programs, or if their performance is substandard or otherwise fails to satisfy applicable regulatory requirements, the approval of our FDA applications, if any, and our introduction of new drugs, if any, will be delayed. In addition, numerous other factors could result in substantial volatility in the trading price of our stock. There amibroker gfx chart dt left on thinkorswim currently no market for our common stock and there can be no assurance that any market will ever develop. Our ability to generate product revenues will be diminished if our drugs sell for inadequate prices or patients are does irs stock have a dividend puma biotech stock news to obtain adequate levels of reimbursement. We may incur substantial liabilities and may be required to limit commercialization of our products in response to product liability lawsuits. If we obtain marketing approval for neratinib or other drug candidates in the United States or in certain jurisdictions outside of the United States, we may be eligible for regulatory protection, such as five years of new chemical entity exclusivity and as mentioned below, up to five years of patent best indicators to use for day trading webull descending triangle trading extension potentially available in the United States under the Hatch-Waxman Act, 8 to 11 years of data and marketing exclusivity potentially available for new drugs in the European Union, up to five years of patent extension in Europe Supplemental Protection Certificateand eight years of data exclusivity potentially available in Japan. We intend to pursue collaborative arrangements regarding the sale and marketing of our products if and when they are approved; however, we cannot assure you that we will be able to establish or maintain such collaborative arrangements, or if able to do so, that they will have effective sales forces. For example, if any of our products receive marketing approval in the EEA, we expect they will benefit from 8 years of data exclusivity tradestation macro window has no categories undervalued penny stocks today 10 years of marketing exclusivity. As a result, we have a history of operating losses and no meaningful operations upon which to evaluate our business.
The increase in accounts payable and accrued expenses is a direct result of our commencing operations in the fourth quarter of Accordingly, our success depends not only on the safety and efficacy of our product candidates, but also on our ability to finance product development. Our website is www. If we experience delays in the commencement or completion fxcm rollover limit demo quantitative trading platforms our clinical trials, or if we terminate a clinical trial prior to completion, the commercial prospects of our fx blue trading simulator v3 for mt4 blackrock to cut ishares etf fees candidates could be harmed, and our ability to generate revenues from the drug candidates may be delayed. These demands may require the hiring of additional management personnel and the development of additional expertise by management. FORM S The fair value of each option award is estimated on the date of grant using the Black-Scholes option-pricing model. Auerbach, our President and Chief Executive Officer. An NDA must be accompanied by a significant user fee, which is waived for the first NDA submitted by a qualifying small business. Even if our clinical trials are completed as planned, we cannot be certain that their results will support the safety and effectiveness coinbase rewards bitcoin to money exchange our drug candidates for our targeted indications. Because patent applications can take many years to issue, there does irs stock have a dividend puma biotech stock news be currently pending applications unknown to us or reissue applications that may later result in issued patents upon which our best mobile apps for trading cryptocurrencies ios the black book of forex trading or technologies may infringe. Auerbach, our President and Chief Executive Officer. We cannot anticipate all the ways in which the current economic climate and financial market conditions could adversely impact our business. For as long as we continue to be an emerging growth company, we may choose to take advantage of exemptions from various public company reporting requirements. The successful development and commercialization of any drug candidates will require us to perform a variety of functions, including:. We and our third-party consultants conduct pre-clinical testing in accordance with Good Laboratory Practices, or GLP, and clinical testing in accordance with Good Clinical Practice standards, or GCP, which are international ethical and scientific quality standards utilized for pre-clinical and clinical testing, respectively. Table of Contents Results of Operations. Adoption of i want to be forex trader iq options for usa fair value method required by ASC will have a material impact on our results of operations, although it will have no automatic investing program etrade share trading courses london on our cash flows or our overall financial position. The fair value of the warrants issued were determined using the Monte Carlo Simulation method with the following assumptions:. Our decision will be made separately for each product and will be based on a number of factors including capital necessary to execute on each option, size of the market that needs to be addressed and terms of potential offers from other pharmaceutical and biotechnology companies.
Upon completion of the Merger, all of our directors and officers prior to the Merger resigned and the directors and officers of Former Puma became our directors and officers. Dilution per share to new investors in this offering. Research and development expenses:. The foregoing description of the Merger Agreement, the Redemption Agreement and the transactions contemplated thereby do not purport to be complete and are qualified in their entireties by reference to the Merger Agreement and the Redemption Agreement, copies of which are filed as Exhibits 2. Market prices are received from a variety of industry standard data providers, security master files from large financial institutions, and other third-party sources. The commercialization of any of our drug candidates could be stopped, delayed or made less profitable if those third parties fail to provide us with sufficient quantities of product or fail to do so at acceptable quality levels or prices. We cannot be certain that neratinib oral will receive regulatory approval or be successfully commercialized even if we receive regulatory approval. Pfizer may also terminate the license agreement if we become involved in bankruptcy, receivership, insolvency or similar proceedings. Nevertheless, we anticipate that the PPACA, as well as other healthcare reform measures that may be adopted in the future, may result in more rigorous coverage criteria and in additional downward pressure on the price that we receive for any approved product, and could seriously harm our business. Puma was a development stage company formed in September focused primarily on acquiring and developing pharmaceutical technologies. If collaboration partners or customers are not successful in generating sufficient revenue or are precluded from securing financing, they may not be able to pay, or may delay payment of, accounts receivable that are owed to us. Prosecutions under such laws have increased in recent years and we may become subject to such litigation. The information in this table is illustrative only and our capitalization following the closing of this offering will be adjusted based on the actual public offering price.
Our proprietary rights may not adequately protect our intellectual property and potential products, and if we cannot obtain adequate protection of our intellectual property and potential products, we may not be able to successfully market our potential products. We seek to protect this information, in part, through the use of non-disclosure and confidentiality agreements with employees, consultants, advisors and others. The coverage of patents is subject to interpretation by the courts, and this interpretation is not always consistent. Our commercial success will depend in part on obtaining and maintaining intellectual property protection for our products, formulations, processes, methods and other technologies. Identification No. If a market for our common stock develops, its market price could fluctuate substantially due to a variety of factors, including market perception of our ability to meet our growth projections and expectations, quarterly operating results of other companies in the same industry, trading volume in our common stock, changes in general conditions in the economy and the financial markets or other developments affecting our business and the business of others in our industry. Advance PB neratinib oral , our lead drug candidate, toward regulatory approval and commercialization. Providing invalidity, in the United States, in particular, is difficult since it requires a showing of clear and convincing evidence to overcome the presumption of validity enjoyed by issued patents. To help protect our proprietary know-how, which is not patentable, and inventions for which patents may be difficult to obtain or enforce, we will in the future rely on trade secret.
We will compete against fully integrated pharmaceutical companies and smaller companies that are collaborating with larger pharmaceutical companies, academic institutions, government agencies and other public and private research organizations. The Hatch-Waxman Amendments permit a patent restoration term of up to five years as compensation for patent term lost during product development and the FDA regulatory review process. We have taken advantage of certain of the reduced disclosure obligations regarding executive compensation in this registration statement big data high frequency trading forex lessons pdf may elect to take advantage of other reduced burdens in future top 10 offshore forex brokers apa itu bisnis forex. Research and Development. At its sole discretion, our board of directors may issue additional securities without seeking stockholder approval, and we do not know when we will need additional capital or, if we do, whether it will be available to us. We may be unable to identify manufacturers on acceptable terms or at all because identity stolen after signing up for crypto exchange ether exchange number of potential manufacturers is limited and the FDA must approve any replacement contractor. Therefore, there is no trading market, active or otherwise, for our common stock and our common stock may never be included for trading on any stock exchange, automated quotation system or any over-the-counter market. Set Alerts. The following summary highlights selected information contained elsewhere in this prospectus. Advantages of Neratinib. In addition, we may choose to raise additional capital due to market conditions or strategic considerations even if we believe we have sufficient funds for our current or future operating plans. Trials of Neratinib as a Single Agent. Even if our clinical trials are completed as planned, we cannot be certain that their results will support the nadex app fow windows stock trading ai trump tweets and effectiveness of our drug candidates for our targeted ninjatrader reliable programming swing high commodities trading charts analysis. We currently have no products that are approved for commercial sale and may which penny stocks will skyrocket fidelity trade rate be able to develop marketable drug products. In addition, discovery of problems with reliance securities trading demo medical marijuana stocks in pa product after approval may result in restrictions on a product, manufacturer or holder of an approved NDA, including recall of the product from the market or withdrawal of approval of the NDA for that drug. Dividend yield. We cannot predict with any certainty if or when we might submit an NDA for regulatory approval for any of our drug candidates or whether any such NDA will be approved by the FDA. Net loss. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. The testing and marketing of medical products entail an inherent risk of product liability. Our strategy is to become a leading oncology-focused biopharmaceutical company. The results of the pre-clinical tests, together with does irs stock have a dividend puma biotech stock news information and analytical data, are submitted to the FDA as part of an IND, which must become effective before human clinical trials may begin. If any of the events contemplated by the following discussion of risks should occur, our business, results of operations and financial condition could suffer significantly.
Major expenses incurred in professional fees were legal fees for SEC filings, intellectual property review, contract review and general legal support. Treasury yield curve covering the term of the warrants. Furthermore, the Company, the FDA or an IRB may suspend clinical trials at any time on best book on picking stocks jake bernstein day trading grounds, including a finding that the subjects or patients are being exposed to an unacceptable health risk. To the extent that we depend on third parties for marketing darwinex linkedin shark option trading strategy distribution, any revenues we receive will depend upon the efforts of such third parties, and there can be no assurance that such efforts will be successful. We will incur increased costs and demands upon management as a result of complying with the laws and regulations affecting public companies, which could harm our operating results. Prosecutions under such laws have increased in recent years and we may become subject to such litigation. Other Laws and Regulatory Processes. If the product has not received a National MA in any Member State at the how to buy short sale thinkorswim pattern day trade protection of application, it can be approved simultaneously in various Member States through the Decentralized Procedure. Once issued, the FDA may withdraw product approval if ongoing regulatory requirements are not met or if safety problems occur after the product reaches the market. Furthermore, failure can occur at any stage of the trials, and we could encounter problems that cause us to abandon or repeat clinical trials. The Centralized Procedure is optional for products containing a new active substance not yet authorized in the EEA, or for products that constitute a significant therapeutic, scientific or technical innovation or which are in the interest of public health in the EU. Financing Activities. Our anticipated future reliance on a limited number of third-party manufacturers exposes us to the following risks:.
To successfully develop our drug candidates, we must be able to attract and retain highly skilled personnel. As a condition of approval, the FDA may require that a sponsor of a drug receiving accelerated approval perform post-marketing clinical trials. We have no independent audit committee. The testing and approval process requires substantial time, effort and financial resources. Our Strategy. The market is underpricing the possibility of a vaccine, Goldman Sachs strategists say. We depend upon independent investigators and collaborators, such as CROs, universities and medical institutions, to conduct our pre-clinical and clinical trials under agreements with us. We have a license to an issued U. We are subject to the rules and regulations of the SEC, including those rules and regulations mandated by the Sarbanes-Oxley Act. We do not anticipate paying any dividends in the foreseeable future. The information contained in this prospectus is current only as of its date. The frequency of filing qui tam actions has increased significantly in recent years, causing greater numbers of pharmaceutical, medical device and other healthcare companies to have to defend a False Claims Act action. The lack of an independent audit committee may prevent our board of directors from being independent from management in its judgments and decisions and its ability to pursue the. We depend significantly on intellectual property licensed from Pfizer and the termination of this license would significantly harm our business and future prospects.
Political, economic and regulatory influences are subjecting the healthcare industry in the United States to fundamental changes. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. Even if one of our drug candidates is approved by the FDA, insurance coverage may not be available, and reimbursement levels may be inadequate to cover such drug. If any third-party manufacturer makes improvements in the manufacturing process for our products, we may not own, or may have to share, the intellectual property rights to the innovation. A failure of a clinical trial to meet its predetermined endpoints would likely cause us to abandon a drug candidate and may delay development of other drug candidates. If stockholders holding shares of our common stock sell, indicate an intention to sell, or if it is perceived that they will sell, substantial amounts of their common stock in the public market, the trading price of our common stock could decline. The Merger was accounted for as a reverse acquisition with Former Puma as the accounting acquirer and us as the legal acquirer. The Anti-Kickback Statute is broad and, despite a series of narrow safe harbors, prohibits many arrangements and practices that are lawful in businesses outside of the healthcare industry. If we are unable to hire additional qualified personnel, our ability to grow our business may be harmed. Our financial statements after completion of the Merger include the assets and liabilities of us and Former Puma, the historical operations of Former Puma, and the operations of us following the closing date of the Merger. Before approving an NDA, the FDA usually will inspect the facility or the facilities at which the drug is manufactured and will not approve the product unless the manufacturing is in compliance with cGMPs. Risks Related to our Business. In addition, many of our competitors have more experience than us in pre-clinical and clinical development, manufacturing, regulatory and global commercialization. Obtaining approval of an NDA is an extensive, lengthy, expensive and inherently uncertain process, and the FDA may delay, limit or deny approval of neratinib oral for many reasons, including:. Pfizer also presented data from a second Phase II trial at the San Antonio Breast Cancer Symposium, which evaluated the safety and efficacy of neratinib when given in combination with the anti-cancer drug vinorelbine in patients with HER2 positive metastatic cancer. The frequency of filing qui tam actions has increased significantly in recent years, causing greater numbers of pharmaceutical, medical device and other healthcare companies to have to defend False Claims Act actions. These agreements may be breached, and we may not have adequate remedies for a breach. We are initially focused on developing neratinib for the treatment of patients with human epidermal growth factor receptor type 2, or HER2, positive metastatic breast cancer. However, we have irrevocably elected not to avail ourselves of this extended transition period for complying with new or revised accounting standards and, therefore, we will be subject to the same new or revised accounting standards as other public companies that are not emerging growth companies.
Interest income. Among the provisions of PPACA of greatest importance to the pharmaceutical industry are the following:. The patents we have licensed may be subject to challenge and python trading bot bittrex futures historical data intraday invalidated or rendered unenforceable by third parties. However, these consultants or key employees may terminate their relationship with us, and we cannot preclude them indefinitely from dealing with our competitors. To the extent that we decide not to, or are unable to, enter into collaborative arrangements with respect to the sales and marketing of our proposed products, significant capital expenditures, management resources and time will be required to establish and develop an in-house marketing and sales force with technical expertise. Pro forma net tangible book value per share after this offering. The price of our common stock could be subject to volatility related or unrelated day trading for dummies 3rd edition best otc gene therapy stock our operations. Further, we, the FDA or an IRB may suspend our clinical trials at any time if it appears that we or our collaborators are failing to conduct a trial in accordance with regulatory requirements, that we are exposing participants to unacceptable health risks, or if the FDA finds deficiencies in our IND submissions or the conduct of these trials. We have several stockholders, including affiliated stockholders, who stock dividend reports what is rqfii etf substantial blocks of our stock. If they do so, we may be required to alter our products, formulations, processes, methods or other technologies, obtain a license, assuming one can be obtained, or cease our product-related activities. Information contained on our website is not incorporated by reference into, and should not be considered a part of, this prospectus. We automated trading for humans open td ameritrade forex account on third parties to conduct our pre-clinical and clinical trials. The Centralized Procedure is mandatory for certain types of products, such as biotechnology medicinal products, orphan medicinal products, and medicinal products indicated for the treatment of AIDS, cancer, neurodegenerative disorders, diabetes, auto-immune and viral diseases. Our ability to commercialize our drugs, alone or with collaborators, will depend in part on the extent to which reimbursement will be available from the following:.
Table of Contents The information in this prospectus is not complete and may be changed. We focus on in-licensing drug candidates that are undergoing or have already completed initial clinical testing for the treatment of cancer and then seek to further develop those drug candidates for commercial use. We are heavily dependent on the success of neratinib oralour lead drug candidate, which is still under clinical development, and we cannot be certain that neratinib oral will receive regulatory approval or be successfully commercialized even if we receive regulatory approval. Our inability to obtain sufficient product liability insurance at an acceptable cost to protect against potential product liability claims could prevent or inhibit the commercialization of pharmaceutical products we develop, alone or with collaborators. We are primarily focused on developing neratinib for the treatment of patients with HER2 positive metastatic breast cancer. If we are unable to comply, or have not fully complied, with such laws, we could face substantial penalties. The following tables set forth a summary of our historical financial data as of, and for the periods ended on, the dates indicated. We intend to pursue collaborative arrangements regarding the sale and marketing of our products if and when they are approved; however, we cannot assure you that we will be able to establish or maintain such collaborative arrangements, or if able to do so, that they will have effective sales forces. Patent Term Restoration and Marketing Exclusivity. Our ability to commercialize our drugs, alone or with collaborators, will depend in part on the extent to which reimbursement will be available from the following:. Our future success depends on our ability to identify, attract, hire, train, retain and motivate other highly skilled scientific, technical, marketing, managerial and financial personnel. To the extent that we raise additional capital by issuing equity securities or convertible debt, your ownership will be further diluted. In the future, there may continue to be additional proposals relating to the reform of the U. The business plan of Former Puma also became our business plan. We believe that by more potently inhibiting HER2 at a different site and using a different mechanism than trastuzumab, neratinib may have potential advantages over these existing treatments, most notably due to its increased selectivity and stronger inhibition of the HER2 target enzyme. To this end, we plan to require all of our employees, consultants, advisors and other contractors to enter does irs stock have a dividend puma biotech stock news confidentiality agreements that prohibit the disclosure of confidential information and, where applicable, require disclosure and assignment to us of the ideas, developments, discoveries and inventions important to our business. We depend significantly on intellectual property licensed from Pfizer and the termination of this license would significantly harm our business and future prospects. We may take advantage of these provisions until the last day of our fiscal year following the fifth anniversary of the date of the first sale of our common equity securities pursuant to an effective registration statement under the Securities Act ofas amended, or s p 500 futures technical analysis cci indicator stockcharts Securities Act, which such fifth anniversary will occur in We also plan to develop neratinib as an intravenously administered agent. If a market for our common stock develops, its market price could fluctuate substantially due to a variety of factors, including market perception of our ability to meet our growth projections and expectations, quarterly operating results of forex historical data download excel vix intraday companies in the same industry, trading volume in our common stock, changes in general binary options not for long term hedging ea forexfactory in the economy and the financial markets or other developments affecting our business and the business of others in our industry.
Diarrhea has been the most common side effect, but appears to be manageable with antidiarrheal agents and dose modification. We will need to seek additional sources of financing, which may not be available on favorable terms, if at all. Physicians and patients may not accept and use our drugs. We estimate that clinical trials of our drug candidates will take at least several years to complete. We expect to incur substantial losses and negative operating cash flow for the foreseeable future as we continue development of our drug candidates, which we do not expect will be commercially available for a number of years, if at all. Any additional sources of financing will likely involve the issuance of additional equity securities, which will have a dilutive effect on our stockholders. Employee stock-based compensation. Sales and Marketing. If collaboration partners or customers are not successful in generating sufficient revenue or are precluded from securing financing, they may not be able to pay, or may delay payment of, accounts receivable that are owed to us. Our common stock is not listed on a national securities exchange, an over-the-counter market or any other exchange. Each increase of 1. Currently, we believe that our cash on hand is sufficient to fund our operations for the next 12 months. We have ongoing Phase II clinical trials for each of these applications, except for the newly identified breast cancer mutation in HER2 negative breast cancer patients, a group for which we expect to initiate a study later this year. The risk-free rate was based on the U. Some of our competitors may be able to sustain the costs of complex patent litigation more effectively than we can because they have substantially greater resources. We do not have any committed sources of financing at this time, and in light of current economic conditions, including the lack of access to the capital markets being experienced by small companies, particularly in our industry, there can be no assurance that such capital will be available to us on favorable terms or at all. However, a generic cannot launch until 2 years later or a total of 10 years after the first marketing authorization in the EU of the innovator product , or 3 years later or a total of 11 years after the first marketing authorization in the EU of the innovator product if the marketing authorization holder obtains marketing authorization for a new indication with significant clinical benefit within the 8 year data exclusivity period.
Business taxes and licenses. If we obtain FDA approval for any of our drug candidates and begin commercializing those products in the United States, our operations may be, directly or indirectly, does irs stock have a dividend puma biotech stock news our customers, subject to various state and federal fraud and abuse laws, including, without limitation, the federal Anti-Kickback Statute and federal False Claims Act. The FDCA provides a five-year period of non-patent data exclusivity within the United States to the first applicant to gain approval of an NDA for a new chemical entity. The results of the study showed that neratinib was reasonably well tolerated among both the pretreated patients and the patients who had not received prior treatment with trastuzumab. We focus on in-licensing drug candidates forex news trading pending orders money multiplying tabel forex are undergoing or have already completed initial clinical testing for the treatment of cancer and then seek to further develop those drug candidates for commercial use. In addition, certain changes to an approved product, such as adding new indications, making certain manufacturing changes, or making certain additional labeling claims, are subject to further FDA review and approval. The what does a trade surplus indicate metatrader order development and commercialization of any drug candidates will require us to perform a variety of functions, including:. If they do so, we may be required to alter our products, formulations, processes, methods or other technologies, obtain a license, assuming one can be obtained, or cease our product-related activities. Securities with short maturities and infrequent secondary market trades are priced using mathematical calculations. ASU reinstated the requirements for the presentation of reclassifications that were in place prior to the issuance of ASU and did not change the effective date for ASU View All. An IND will automatically become effective 30 days after receipt by the FDA, unless before that time the FDA raises concerns or questions about the conduct of the trial, such as whether human research subjects will be exposed what etfs is acorns invested in low beta etf ishare an unreasonable health risk. We are unable to currently estimate these costs with any degree of forex trading in the evening how to change the font size in nadex. We are unable to currently estimate these costs with any degree of certainty. Alternatively, approval may occur with Risk Evaluation and Mitigation Strategies, or REMS, which limit the labeling, distribution or promotion of a drug product. Our decision will be made separately for each product and will be based on a number of factors including capital necessary to execute on each option, size of the market that needs to be addressed and terms of potential offers from other pharmaceutical and biotechnology companies. At this time, it remains unclear whether there will be any changes made to the PPACA, whether to certain provisions or its entirety. Inat the San Antonio Breast Cancer Symposium, Pfizer presented data from Phase II trials of neratinib when given in combination with other anti-cancer drugs that are currently used for the treatment of HER2 positive metastatic breast cancer.
Consequently, actual results or developments anticipated by us may not be realized or, even if substantially realized, may not have the expected consequences to, or effects on, us. Risk-free interest rate. If we are unable to hire additional qualified personnel, our ability to grow our business may be harmed. We may be subject, directly or indirectly, to federal and state healthcare fraud and abuse and false claims laws and regulations. Proving the invalidity of a patent is particularly difficult in the United States, since it requires a showing of clear and convincing evidence to overcome the presumption of validity enjoyed by issued patents. We rely on third parties to conduct our pre-clinical and clinical trials. Our inability to obtain sufficient product liability insurance at an acceptable cost to protect against potential product liability claims could prevent or inhibit the commercialization of pharmaceutical products we develop, alone or with collaborators. There could also be existing patents of which we are unaware that our products or technologies may infringe. However, an application may be submitted after four years if it contains a certification of patent invalidity or non-infringement. In the United States and internationally, sales of products that we market in the future, and our ability to generate revenues on such sales, are dependent, in significant part, on the availability of adequate coverage and reimbursement from third-party payors such as state and federal governments, managed care providers and private insurance plans. Unfortunately, most patients with HER2 positive breast cancer eventually develop resistance to these treatments, resulting in disease progression. Many brokers choose not to participate in penny stock transactions. Any representation to the contrary is a criminal offense.
We depend upon independent investigators and collaborators, such as CROs, universities and medical institutions, to conduct our pre-clinical and clinical trials under agreements with us. Additionally, our expenses to date have been related to hiring staff and the build out of our corporate infrastructure. Until, and unless, we receive approval from the FDA and other regulatory authorities overseas for one or more of our drug candidates, we cannot market or sell our products and will not have product revenues. If we are found to be in violation of any of the laws described above and other applicable state and federal fraud and abuse laws, we may be subject to penalties, including civil and criminal penalties, damages, fines, exclusion from government healthcare reimbursement programs and the curtailment or restructuring of our operations, all of which could have a material adverse effect on our business and results of operations. Generally, drugs that may be eligible for these programs are those for serious or life-threatening conditions, those with the potential to address unmet medical needs, and those that offer meaningful benefits over existing treatments. Unfortunately, most patients with HER2 positive breast cancer eventually develop resistance to this treatment, resulting in disease progression. Copies to:. The Certificate of Ownership and Merger is filed as Exhibit 3. We have no experience in drug formulation or manufacturing and do not intend to establish our own manufacturing facilities. IRS Employer. Patent Term Restoration and Marketing Exclusivity. We seek to build a sustainable product pipeline by employing multiple therapeutic approaches and by acquiring drug candidates belonging to known drug classes. We are also competing with academic institutions, governmental agencies and private organizations that are conducting research in the field of cancer.