Ovid Therapeutics Reports First Quarter 2018 Financial Results and Corporate Progress

Biotech Investing

Ovid Therapeutics (NASDAQ:OVID), a biopharmaceutical company committed to developing medicines that transform the lives of people with rare neurological disorders, today reported financial results for the quarter ended March 31, 2018 and provided an overview of the company’s recent business progress. As quoted in the press release: “We have an exceptionally talented team at Ovid, …

Ovid Therapeutics (NASDAQ:OVID), a biopharmaceutical company committed to developing medicines that transform the lives of people with rare neurological disorders, today reported financial results for the quarter ended March 31, 2018 and provided an overview of the company’s recent business progress.

As quoted in the press release:

“We have an exceptionally talented team at Ovid, and I could not be more pleased with their continued clinical and operational execution,” said Jeremy Levin, DPhil, MB, BChir, chairman and chief executive officer of Ovid. “In the second half of the year, we expect to generate a rich set of data that will provide us with important information on the profile and potential of OV101 as a treatment for Angelman syndrome and TAK-935/OV935 as a treatment for dEE. These near-term data readouts, coupled with the expansion of our development programs into adolescents with Fragile X syndrome and younger patients with dEE, are expected to contribute to the continued growth and evolution of our company.”

Click here to read the full press release.

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