Cara Therapeutics Reports Third Quarter 2016 Financial Results
– Currently enrolling three late stage studies with CR845 totaling over 900 patients –
– Top line data expected in 1H 2017 –
– Conference call today at 4:30 p.m. ET –
STAMFORD, CONN., Nov. 03, 2016 -- Cara Therapeutics, Inc. (CARA), a biotechnology company focused on developing and commercializing new chemical entities designed to alleviate pain and pruritus by selectively targeting peripheral kappa opioid receptors, today announced financial results for the third quarter ended September 30, 2016.
“We are pleased to be actively enrolling late stage studies with both IV and oral formulations of CR845 for three significant unmet medical indications,” said Derek Chalmers, Ph.D., D.Sc., President and Chief Executive Officer of Cara Therapeutics. “2017 will be an exciting and transformative year for the Company as we look forward to sharing top-line data from all three of our late-stage clinical programs.”
- Published: 04 November 2016
- Written by Editor