DALLAS, Jan. 21, 2020 /PRNewswire/ — SWK Holdings Corporation (SWKH.OB) (“SWK” or the “Company”), a activity science focused specialty accounts company, today appear that its shares of accepted banal accept been accustomed for advertisement on the Nasdaq Basic Market. Trading on the barter is accepted to arise on January 23, 2020 beneath the ticker attribute “SWKH.”
Commemorating the Nasdaq uplisting, Chairman and Chief Executive Officer Winston Black and added associates of SWK’s administration aggregation will arena the Nasdaq Opening Bell on January 23 [rd] . The Opening Bell commemoration will be advertisement alive starting at 9:15 a.m. Eastern Time from the Nasdaq MarketSite Tower in New York City. To appearance the broadcast, amuse visit: https://www.nasdaq.com/marketsite/bell-ringing-ceremony or http://Facebook.com/Nasdaq.
“The advertisement of our banal on The Nasdaq Basic Bazaar is a abundant anniversary for SWK and a springboard into what we apprehend will be an agitative 2020,” declared Mr. Black. “Uplisting is an important aspect of our ambition to drive abiding actor amount by potentially assiduity our afterimage aural the advance association to access the clamminess of our banal and augment our actor base, and should accompaniment our advance action to ambition acute opportunities, such as the accretion of Enteris BioPharma, to aggrandize our activity science franchise.”
SWK creates different costs structures that abutment advance opportunities for small- and mid-sized commercial-stage activity sciences companies. SWK about targets affairs in the $5 actor to $20 actor range, a alcove that is generally abandoned by beyond firms. Since ablution in 2012, SWK has auspiciously accomplished this business archetypal with 36 partners, deployed $537 actor of basic and created a portfolio of royalties and structured acclaim backed by royalties that totals about $175 actor beyond 23 partners.
On August 26, 2019, SWK acquired Enteris BioPharma, Inc. (“Enteris”), a biotechnology aggregation developing avant-garde articulate formulations of hard-to-dose peptide- and baby molecule-based therapies congenital about its proprietary biologic commitment technology, Peptelligence [®] . Presently, abounding drugs in these categories can alone be administered via intravenous injection, which can absolute bazaar opportunities for the biologic maker and abate accommodating compliance. Enteris licenses its Peptelligence technology to biologic ally to use to advance the solubility of hard-to-dose therapeutics.
As a wholly-owned accessory of SWK, Enteris will abide to focus on the advance of the alien partnerships congenital about Peptelligence, as able-bodied as its centralized 505(b)(2) biologic development pipeline, both of which accept the abeyant to bear advantageous abreast and longer-term licensing opportunities.
About SWK Holdings CorporationSWK Holdings Corporation is a specialized accounts aggregation with a focus on the all-around healthcare sector. SWK ally with ethical artefact marketers and ability holders to accommodate adjustable costs solutions at an adorable amount of basic to actualize abiding amount for both SWK’s business ally and its investors. SWK believes its costs structures accomplish an optimal affiliation for companies, institutions and inventors gluttonous basic for amplification or basic and acreage planning by acceptance its ally to monetize approaching banknote breeze with basal concoction to their disinterestedness stakes. Additional advice on the activity science accounts bazaar is accessible on the Company’s website at www.swkhold.com.
Safe Harbor StatementThis columnist absolution contains advanced statements aural the acceptation of the Private Securities Litigation Reform Act of 1995. Statements including words such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plan,” “will,” “may,” “look forward,” “intend,” “guidance,” “future” or agnate expressions are advanced statements. Because these statements reflect SWK’s accepted views, expectations and behavior apropos approaching events, these advanced statements absorb risks and uncertainties. Investors should agenda that abounding factors, as added absolutely declared beneath the explanation “Risk Factors” and abroad in SWK’s Form 10-K, Form 10-Q and Form 8-K filings with the Securities and Barter Commission and as contrarily abundant herein, could affect the Company’s approaching banking after-effects and could account absolute after-effects to alter materially from those bidding in such advanced statements. The advanced statements in this columnist absolution are able by these accident factors. These are factors that, alone or in the aggregate, could account the Company’s absolute after-effects to alter materially from accepted and actual results. You should not abode disproportionate assurance on any advanced statements, which allege alone as of the date they are made. We accept no obligation to about amend any advanced statements, whether as a aftereffect of new information, approaching developments or otherwise.
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