Urovant Sciences reports Q1 EPS (94c), consensus ($1.08)
As of June 30, 2019, total cash and cash equivalents was $62.4 million or $92.4 million with the $30 million available to be drawn down from Hercules Capital by September 30, 2019. "During the last quarter, Urovant Sciences continued to make excellent progress towards its vision of becoming a leading specialty urology company," said Keith A. Katkin, chief executive officer of Urovant. "Today, we are very pleased to announce the successful completion of the vibegron ambulatory blood pressure study. This study will be an important component of our NDA and further supports the favorable safety profile of vibegron. We also remain on schedule to report results for the long-term extension portion of the phase 3 EMPOWUR study by the end of this quarter and are well underway in preparing to file the vibegron NDA by early 2020."