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August 31, 2015 4:04 AM ET

Biotechnology

Company Overview of Nivalis Therapeutics, Inc.

Company Overview

Nivalis Therapeutics, Inc., a clinical stage pharmaceutical company, focuses on the discovery, development, and commercialization of product candidates for patients with cystic fibrosis (CF). CF is a life-shortening genetic disease. Its lead product candidate is N91115, a small molecule that is in Phase Ib clinical trial, which addresses a defect in cystic fibrosis transmembrane conductance regulator (CFTR), resulting from mutations in the CFTR gene. The company was formerly known as N30 Pharmaceuticals, Inc. and changed its name to Nivalis Therapeutics, Inc. in February 2015. Nivalis Therapeutics, Inc. was founded in 2007 and is headquartered in Boulder, Colorado.

3122 Sterling Circle

Suite 200

Boulder, CO 80301

United States

Founded in 2007

24 Employees

Phone:

720-945-7700

Key Executives for Nivalis Therapeutics, Inc.

Chief Operating Officer and Executive Vice President
Age: 57
Total Annual Compensation: $413.8K
Vice President of Research & Discovery
Age: 53
Total Annual Compensation: $345.7K
Compensation as of Fiscal Year 2014.

Nivalis Therapeutics, Inc. Key Developments

Nivalis Therapeutics, Inc. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Nivalis Therapeutics, Inc. announced unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported loss from operations of $5,852,000 compared to $3,957,000 a year ago. Net loss was $5,852,000 or $1.41 per basic and diluted share compared to $4,189,000 or $25.70 per basic and diluted share a year ago. The increased loss was the result of the initiation of the Phase 1b clinical trial, which began in the first quarter of 2015, and related development costs for N91115. For the six months, the company reported loss from operations of $10,167,000 compared to $8,347,000 a year ago. Net loss was $10,166,000 or $3.19 per basic and diluted share compared to $8,539,000 or $52.71 per basic and diluted share a year ago.

Nivalis Therapeutics, Inc.(NasdaqGM:NVLS) added to NASDAQ Composite Index

Nivalis Therapeutics, Inc. has been added to Nasdaq Composite Index.

N30 Pharmaceuticals, Inc. has Changed its Name to Nivalis Therapeutics, Inc

N30 Pharmaceuticals, Inc. changed its name to Nivalis Therapeutics, Inc.

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