The Company believes the current level of cash on hand will be sufficient to complete the necessary clinical studies required for submission of an NDA for Androxal. The Company further believes these funds are also adequate to move Proellex ® into Phase 3 for both the uterine fibroid and endometriosis indications in 2013 and for general corporate purposes up to mid-2014.
Clearly, the clinical studies must move forward as planned in order for these projections and costs to be accurate.
To find out more information about clinical site locations, or if interested in participating in our current Androxal studies, please visit http://www.reprosrx.com/clinicaltrials.html .About Repros Therapeutics Inc. Repros Therapeutics focuses on the development of small molecule drugs for major unmet medical needs that treat male and female reproductive disorders. The Repros Therapeutics Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7738 Any statements made by the Company that are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including the ability to raise additional needed capital on a timely basis in order for it to continue to fund development of its Androxal ® and Proellex ® programs, have success in the clinical development of its technologies, the reliability of interim results to predict final study outcomes, and such other risks which are identified in the Company's most recent Annual Report on Form 10-K and in any subsequent quarterly reports on Form 10-Q. These documents are available on request from Repros Therapeutics or at www.sec.gov . Repros disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. For more information, please visit the Company's website at http://www.reprosrx.com .
CONTACT: Repros Therapeutics Inc. Joseph Podolski (281) 719-3447 President and Chief Executive Officer Investor Relations: Thomas Hoffmann The Trout Group (646) 378-2931