Nabriva (NBRV) Provides Corporate Update

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Nabriva Therapeutics Provides Corporate Update

January 6, 2023 7:01 AM EST

-Company To Focus on Preserving Cash to Fund Orderly Wind Down of Operations-

-Company To Continue Work With Torreya Capital On Asset Monetization-

DUBLIN, Ireland, Jan. 06, 2023 (GLOBE NEWSWIRE) -- Nabriva Therapeutics plc (NASDAQ: NBRV) today announced that, after an assessment of strategic options, its Board of Directors approved a plan to preserve cash in order to adequately fund an orderly wind down of the Companys operations.

As previously disclosed, the Company engaged Torreya Capital to facilitate the exploration of a range of strategic options,... More