Vitae Pharmaceuticals (VTAE) Reports In-Line Q4 Loss of 40c/Share

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Vitae Pharmaceuticals Reports Fourth Quarter and Full Year 2014 Operating and Financial Results

March 31, 2015 7:02 AM EDT

FORT WASHINGTON, Pa., March 31, 2015 (GLOBE NEWSWIRE) -- Vitae Pharmaceuticals, Inc. (Nasdaq: VTAE), a clinical-stage biotechnology company, reported today its operating and financial results for the fourth quarter and full year ended December 31, 2014.

"We continue to make significant progress in advancing our RORt program with our lead proprietary candidate, VTP-43742 for the treatment of autoimmune disorders, towards initiation of a Phase 1 single ascending dose study," said Jeffrey Hatfield, President and Chief Executive Officer of Vitae. "In addition, we recently completed a successful follow-on offering, providing us with the capital to further the development of our... More

Vitae Pharmaceuticals Reports Fourth Quarter and Full Year 2014 Operating and Financial Results

March 31, 2015 7:01 AM EDT

FORT WASHINGTON, Pa., March 31, 2015 (GLOBE NEWSWIRE) -- Vitae Pharmaceuticals, Inc. (Nasdaq: VTAE), a clinical-stage biotechnology company, reported today its operating and financial results for the fourth quarter and full year ended December 31, 2014.

"We continue to make significant progress in advancing our RORt program with our lead proprietary candidate, VTP-43742 for the treatment of autoimmune disorders, towards initiation of a Phase 1 single ascending dose study," said Jeffrey Hatfield, President and Chief Executive Officer of Vitae. "In addition, we recently completed a successful follow-on offering, providing us with the capital to further the development of our... More