Verona Pharma PLC Q2 2022 Earnings Call Transcript - Thomson StreetEvents

Verona Pharma PLC Q2 2022 Earnings Call Transcript

Verona Pharma PLC Q2 2022 Earnings Call Transcript - Thomson StreetEvents
Verona Pharma PLC Q2 2022 Earnings Call Transcript
Published Aug 09, 2022
11 pages (6275 words) — Published Aug 09, 2022
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of VRNA.OQ earnings conference call or presentation 9-Aug-22 12:30pm GMT

  
Brief Excerpt:

...Operator Welcome to Verona Pharma's conference call. (Operator Instructions) Earlier this morning, Verona Pharma issued a press release announcing top line results from its Phase III ENHANCE-2 trial, evaluating nebulized ensifentrine for the maintenance treatment of COPD. The company also issued a press release announcing its financial results for the 3 months ended June 30, 2022. Copies of both press releases can be found on the Investor Relations tab on the corporate website, www.veronapharma.com. Before we begin, I'd like to remind you that during today's call, statements about the company's future expectations, plans and prospects are forward-looking statements. These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees and involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from our expectations expressed...

  
Report Type:

Transcript

Source:
Company:
Verona Pharma PLC
Ticker
VRNA.OQ
Time
12:30pm GMT
Format:
PDF Adobe Acrobat
Buy Now

The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Andreas Argyrides - Wedbush Securities Inc., Research Division - Analyst : Definitely, congrats on these very exciting results. So for Dr. Anzueto, how are you thinking about exacerbations versus symptoms, quality of life measures in terms of prioritizing one over the other? And then I have one follow-up. Antonio Anzueto Sure. Yes, so I think there's a couple of important issues here. I think it's important to emphasize that this is a medication who has both anti-inflammatory and bronchodilator effects. So we see the bronchodilator effect in the other phosphodiesterase that we cannot see even with the oral medication. So there -- it's an bronchodilator and works very well. I mean there is -- the data is very strong. I think what it makes more interesting is the significant reduction in the exacerbation. The impact in exacerbation having 42% decrease of the rate of exacerbation and a similar 42% decrease of the time to the first exacerbation, I think this is really striking. Certainly, the -- so how we translate that into a quality of life? I mean the quality of life if you look at the Slide #10, when patients will receive -- for example, at 6 weeks, there is a very striking difference between the intervention group versus the placebo. This effect kind of gets lots over time. I think there are several issues. Some of the issues are were losing some individuals, the people who stay are more [feeded]. And as also, and it was mentioned before, we have to understand the impact of the pandemia and this at 24 weeks. So having the second Phase III trial that's going to be a longer than ENHNACE-1, so we're going to be able to better understand the impact in quality of life. But the fact that we've seen this significant decrease in exacerbation at 24 weeks, I think is very remarkable.


Question: Andreas Argyrides - Wedbush Securities Inc., Research Division - Analyst : Okay, fantastic. And then just I have one follow-up for Dr. Anzueto. When you -- now with this exacerbation data in hand, where do you see ensifentrine sitting in the treatment paradigm? How would you look to prescribe it? Antonio Anzueto Sure. So this is on top of patients being already in long-acting bronchodilators. So one, this is a nebulized medication. And today, we have 4 other -- 3 other classes of medication given nebulization. So nebulization is pretty much becoming the standard of care, ask many patients. And I can see this given to patients that either having persistent exacerbation despite being on maximum therapy, are also being used in patients who have bronchodilators having this medication to prevent future exacerbations. This will be a medication that, with this data, improvement in lung function and reduction in exacerbation. The medication will give patients who are risk for these events.

Table Of Contents

Verona Pharma PLC To Discuss The Phase 3 ENHANCE Data Presented At ATS 2023 Transcript – 2023-05-23 – US$ 54.00 – Edited Transcript of VRNA.OQ conference call or presentation 23-May-23 8:00pm GMT

Verona Pharma PLC Q1 2023 Earnings Call Transcript – 2023-05-09 – US$ 54.00 – Edited Transcript of VRNA.OQ earnings conference call or presentation 9-May-23 1:00pm GMT

Full Year 2022 Verona Pharma PLC Earnings Call Transcript – 2023-03-07 – US$ 54.00 – Edited Transcript of VRNA.OQ earnings conference call or presentation 7-Mar-23 2:00pm GMT

Verona Pharma PLC Corporate Call Transcript – 2022-12-20 – US$ 54.00 – Edited Transcript of VRNA.OQ conference call or presentation 20-Dec-22 8:30am GMT

Verona Pharma PLC Q3 2022 Earnings Call Transcript – 2022-11-09 – US$ 54.00 – Edited Transcript of VRNA.OQ earnings conference call or presentation 9-Nov-22 2:00pm GMT

Verona Pharma PLC KOL event for analysts and investors Call Transcript – 2022-06-16 – US$ 54.00 – Edited Transcript of VRNA.OQ conference call or presentation 16-Jun-22 12:00pm GMT

Verona Pharma PLC Q1 2022 Earnings Call Transcript – 2022-05-03 – US$ 54.00 – Edited Transcript of VRNA.OQ earnings conference call or presentation 3-May-22 1:00pm GMT

Verona Pharma PLC Q4 2021 Earnings Call Transcript – 2022-03-03 – US$ 54.00 – Edited Transcript of VRNA.OQ earnings conference call or presentation 3-Mar-22 2:00pm GMT

Verona Pharma PLC Q3 2021 Earnings Call Transcript – 2021-11-09 – US$ 54.00 – Edited Transcript of VRNA.OQ earnings conference call or presentation 9-Nov-21 2:00pm GMT

Verona Pharma PLC Q2 2021 Earnings Call Transcript – 2021-08-05 – US$ 54.00 – Edited Transcript of VRNA.OQ earnings conference call or presentation 5-Aug-21 12:30pm GMT

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "Verona Pharma PLC Q2 2022 Earnings Call Transcript" Aug 09, 2022. Alacra Store. May 15, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2022-Verona-Pharma-PLC-Earnings-Call-T15280639>
  
APA:
Thomson StreetEvents. (2022). Verona Pharma PLC Q2 2022 Earnings Call Transcript Aug 09, 2022. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2022-Verona-Pharma-PLC-Earnings-Call-T15280639>
  
US$ 54.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.