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Medexus Pharmaceuticals Schedules Third Quarter Fiscal 2019 Conference Call | ||
By: Nasdaq / GlobeNewswire - 13 Feb 2019 | Back to overview list |
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Retains Crescendo Communications for Investor Relations Services Conference call to be held at 4:30 PM Eastern Time on Monday, February 25, 2019 MONTREAL, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Medexus Pharmaceuticals Inc. (formerly Pediapharm Inc.) (the “Company” or “Medexus”) (TSXV: MDP, OTCQB: PDDPF) today announced that it plans to host a conference call at 4:30 PM Eastern Time on Monday, February 25, 2019 to discuss the Company’s financial results for the fiscal third quarter ended December 31, 2018, as well as the Company’s corporate progress and other developments. The Company also announced it has retained Crescendo Communications, LLC ("Crescendo”) to provide investor relations services for the Company. Ken d’Entremont, Chief Executive Officer of Medexus, commented, “2018 was a transformative year for the Company, as we consummated the merger between Pediapharm Inc., Medexus Inc. and Medac Pharma, Inc. We are making rapid progress with the integration and look forward to working closely with Crescendo to more proactively communicate the market opportunity and commercial potential following this combination. Accordingly, we look forward to hosting quarterly conference calls with our investors going forward.” “As a result of the recent mergers, Medexus now operates through two segments, each with significant opportunities and substantial synergies. In addition to a robust product pipeline, we believe Medexus is well positioned in the market given the organic revenue growth, positive EBITDA, scalable infrastructure and solid balance sheet,” noted David Waldman, CEO of Crescendo Communications. “We look forward to working closely with Medexus to help increase awareness of the Company within the U.S. investment community.” Conference Call Details The conference call will be available via telephone by dialing toll free 866-682-6100 for Canadian and U.S. callers or +1 862-298-0702 for international callers, or on the Company’s Investor Events section of the website: https://www.medexusinc.com/events/. A webcast replay will be available on the Company’s Investor Events section of the website (https://www.medexusinc.com/events/) through May 25, 2019. A telephone replay of the call will be available approximately one hour following the call, through March 4, 2019, and can be accessed by dialing 877-481-4010 for Canadian and U.S. callers or +1 919-882-2331 for international callers and entering conference ID: 43906. The investor relations services agreement with Crescendo (the “Agreement”) is for an indeterminate term and may be terminated by Medexus at any time upon 30 days’ notice. Under the terms of the Agreement, Crescendo will provide, among other things, capital markets strategic advisory services and will assist the Company with market intelligence and investor targeting and events. Under the Agreement, Crescendo will receive a monthly fee of US$10,000 and eligible expenses will be reimbursed. The Agreement is subject to the approval of the TSX Venture Exchange. About Medexus Pharmaceuticals Inc. Medexus Pharmaceuticals Inc. is a leading specialty pharmaceutical company with a strong North American commercial platform. The Company’s vision is to provide the best healthcare products to healthcare professionals and patients, through our core values of Quality, Innovation, Customer Service and Teamwork. Medexus Pharmaceuticals is focused on the therapeutic areas of auto-immune disease and pediatrics. The leading products are Rasuvo and Metoject, a unique formulation of methotrexate (auto-pen and pre-filled syringe) designed to treat rheumatoid arthritis and other auto-immune diseases; and Rupall, an innovative allergy medication with a unique mode of action. For more information, please contact: Ken d’Entremont, Chief Executive Officer Roland Boivin, Chief Financial Officer Investor Relations (U.S.): Investor Relations (Canada): Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. READER ADVISORIES NON-IFRS FINANCIAL MEASURES The term EBITDA is used in this press release. The term EBITDA (earnings before interest, taxes, depreciation and amortization) does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other companies. Rather, this measure is provided as additional information to complement IFRS measures by providing a further understanding of operations from management’s perspective. See the Company's management discussion and analysis and other reports on wile with applicable securities regulatory authorities accessible through the SEDAR website (www.sedar.com) for a further description of how the Company uses non-IFRS financial measures. |
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