Verona Pharma (VRNA) falls 3.31% on Strong Volume September 14

Equities Staff  |

Verona Pharma Plc - ADR (NASDAQ: VRNA), a 3 More London Place, London, company, fell to close at $5.55 Tuesday after losing $0.19 (3.31%) on volume of 94,788 shares. The stock ranged from a high of $5.82 to a low of $5.49 while Verona Pharma’s market cap now stands at $333,202,453.

About Verona Pharma Plc - ADR

Verona Pharma is a clinical-stage biopharmaceutical company focused on developing and commercializing innovative therapies for the treatment of respiratory diseases with significant unmet medical needs. If successfully developed and approved, Verona Pharma's product candidate, ensifentrine, has the potential to be the first therapy for the treatment of respiratory diseases that combines bronchodilator and anti-inflammatory activities in one compound. The Company is evaluating nebulized ensifentrine in its Phase 3 clinical program ENHANCE ('Ensifentrine as a Novel inHAled Nebulized COPD thErapy') for COPD maintenance treatment. The Company raised gross proceeds of $200 million through a private placement in July 2020 and expects the funds to support its operations and Phase 3 clinical program into 2023. Two additional formulations of ensifentrine are currently in Phase 2 development for the treatment of COPD: dry powder inhaler ('DPI') and pressurized metered-dose inhaler ('pMDI'). Ensifentrine is being evaluated in a pilot clinical study in patients hospitalized with COVID-19 and has potential applications in cystic fibrosis, asthma and other respiratory diseases.

Visit Verona Pharma Plc - ADR’s profile for more information.

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To get more information on Verona Pharma Plc - ADR and to follow the company’s latest updates, you can visit the company’s profile page here: Verona Pharma Plc - ADR’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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