Matinas BioPharma Reports Fourth Quarter and Full Year 2020 Financial Results and Operational Highlights

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Matinas BioPharma (MTNB) Reports In-Line Q4 EPS

March 29, 2021 6:33 AM EDT

Matinas BioPharma (NYSE: MTNB) reported Q4 EPS of ($0.03), in-line with the analyst estimate of ($0.03).

2020 was a year of significant progress and timely execution for Matinas, despite the ongoing global pandemic. The completion of the head-to-head ENHANCE-IT trial of LYPDISO vs. Vascepa® and the results which support the potential for LYPDISO to demonstrate a superior cardioprotective effect to Vascepa®, have positioned us to identify and potentially secure a global partner for the continued development of this promising, next-generation drug, commented Jerome D. Jabbour, Chief Executive Officer of Matinas. This... More