Ohr Pharmaceutical (OHRP) Reports Q1 Results; Pauses Enrollment in First Phase 3 Trial of Squalamine

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Ohr Pharmaceutical Announces Strategic Update and Fiscal First Quarter 2017 Earnings

February 14, 2017 7:00 AM EST

Management to Host a Conference Call and Webcast at 7:45a.m Eastern Time Today

NEW YORK, Feb. 14, 2017 (GLOBE NEWSWIRE) -- Ohr Pharmaceutical, Inc. (NASDAQ: OHRP), a clinical-stage pharmaceutical company developing novel therapies for ophthalmic diseases, today announced a strategic business update and reported results for its first quarter ended December 31, 2016. The Company remains in active ongoing discussions with potential pharmaceutical partners.

In parallel with these ongoing business discussions, for strategic reasons, Ohr has paused enrollment in the first Phase 3 clinical trial of its lead drug candidate squalamine lactate ophthalmic solution, 0.2%... More