Final Up to date on December 9, 2022 by GlobeNewsWire
BASKING RIDGE, NJ, Dec. 09, 2022 (GLOBE NEWSWIRE) — by way of NewMediaWire — Timber Prescribed drugs, Inc. (“Timber” or the “Firm”) (NYSE American: TMBR), a clinical-stage biopharmaceutical firm centered on the event and commercialization of therapies for uncommon and orphan dermatologic ailments, at this time introduced that the Firm has obtained formal discover from The NYSE American LLC (“NYSE American”) stating that the Firm has regained compliance with the NYSE American’s continued itemizing requirements.
The discover the Firm obtained from NYSE American on December 8, 2022 famous that the Firm resolved the continued itemizing deficiency with respect to its low promoting value as described in Part 1003(f)(v) of the NYSE American Firm Information.
About Timber Prescribed drugs, Inc.
Timber Prescribed drugs, Inc. is a clinical-stage biopharmaceutical firm centered on the event and commercialization of therapies for uncommon and orphan dermatologic ailments. The Firm’s investigational therapies have confirmed mechanisms-of-action backed by many years of scientific expertise and well-established CMC (chemistry, manufacturing, and management) and security profiles. The Firm is initially centered on creating non-systemic therapies for uncommon dermatologic ailments together with congenital ichthyosis (CI), and different sclerotic pores and skin ailments. For extra data, go to www.timberpharma.com.
Ahead-Wanting Statements
This press launch accommodates sure forward-looking statements inside the that means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Trade Act of 1934 and Personal Securities Litigation Reform Act, as amended, together with these regarding the Firm’s product growth, scientific and regulatory timelines, market alternative, aggressive place, mental property rights, doable or assumed future outcomes of operations, enterprise methods, potential progress alternatives and different statements which are predictive in nature. These forward-looking statements are based mostly on present expectations, estimates, forecasts and projections in regards to the business and markets during which we function and administration’s present beliefs and assumptions.
These statements could also be recognized by means of forward-looking expressions, together with, however not restricted to, “anticipate,” “anticipate,” “intend,” “plan,” “consider,” “estimate,” “potential, “predict,” “mission,” “ought to,” “would” and comparable expressions and the negatives of these phrases. These statements relate to future occasions or our monetary efficiency and contain recognized and unknown dangers, uncertainties, and different components which can trigger precise outcomes, efficiency or achievements to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by the forward-looking statements. Such components embody these set forth within the Firm’s Annual Report on Type 10-Okay for the yr ended December 31, 2021 in addition to different paperwork filed by the Firm once in a while thereafter with the Securities and Trade Fee. Potential buyers are cautioned to not place undue reliance on such forward-looking statements, which converse solely as of the date of this press launch. The Firm undertakes no obligation to publicly replace any forward-looking assertion, whether or not on account of new data, future occasions or in any other case.
For extra data, contact:
Timber Prescribed drugs, Inc. John Koconis Chairman and Chief Govt Officerjkoconis@timberpharma.com
Investor Relations:Stephanie PrincePCG Advisory(646) 762-4518sprince@pcgadvisory.com
Media Relations: Adam DaleyBerry & Firm Public Relations (212) 253-8881adaley@berrypr.com
