What changed in this filing

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Item 1A. Risk Factors

2020-08-05 compared with 2020-05-14 · 37 added, 39 removed, 25 unchanged (75% of the section changed)

Risk Factors.

Our Annual Report on Form 10-K for the

fiscal year ended December 31, 2019, filed with the SEC on February 14, 2020 (the “Annual Report”), includes a detailed

discussion of our risk factors under the heading “PART I, Item 1A –

Our Annual Report on Form 10-K for

the fiscal year ended December 31, 2019, filed with the SEC on February 14, 2020 (the “Annual Report”), includes

a detailed discussion of our risk factors under the heading “PART I, Item 1A –

Risk Factors.”

You should carefully consider

the risk factors discussed in our Annual Report, as well as other information in this quarterly report.

Any of these risks could

cause our business, financial condition, results of operations and future growth prospects to suffer.

We are not aware of any material

changes from the risk factors previously disclosed other than the following:.

carefully consider the risk factors discussed in our Annual Report, as well as other information in this quarterly report.

of these risks could cause our business, financial condition, results of operations and future growth prospects to suffer.

not aware of any material changes from the risk factors previously disclosed.

Our business and operations may be materially

and adversely affected by the recent coronavirus outbreak.

In December 2019, a novel strain of coronavirus

was reported to have surfaced in Wuhan, China and has since spread to other parts of the world, including the United States and

In December 2019, a novel strain of

coronavirus was reported to have surfaced in Wuhan, China and has since spread to other parts of the world, including the United

States and Europe.

In March 2020, the World Health Organization declared the outbreak a pandemic.

The coronavirus pandemic is affecting the

United States and global economies.

If the outbreak continues to spread, it may affect our operations and those of third parties

on which we rely in a number of ways, including causing disruptions in the supply of our product candidate, the pending regulatory

approval process and the conduct of current and planned preclinical and clinical studies.

We may need to limit operations or implement

limitations and may experience limitations in employee resources.

There are risks that the coronavirus may be more difficult to

contain if the outbreak reaches a larger population or broader geography, in which case the risks described herein could be elevated

significantly.

The extent to which the coronavirus impacts our results will depend on future developments, including, without limitation,

new information that may emerge concerning the severity of the coronavirus and the actions to contain the coronavirus or treat

its impact, all of which are highly uncertain and cannot be predicted.

The coronavirus pandemic

is affecting the United States and global economies.

If the outbreak continues to spread, it may affect our operations and those

of third parties on which we rely in a number of ways, including causing disruptions in the supply of our product candidate, the

pending regulatory approval process and the conduct of current and planned preclinical and clinical studies.

We may need to limit

operations or implement limitations and may experience limitations in employee resources.

There are risks that the coronavirus

may be more difficult to contain if the outbreak reaches a larger population or broader geography, in which case the risks described

herein could be elevated significantly.

The extent to which the coronavirus impacts our results will depend on future developments,

including, without limitation, new information that may emerge concerning the severity of the coronavirus and the actions to contain

the coronavirus or treat its impact, all of which are highly uncertain and cannot be predicted.

Additionally, while the duration of and

14 unchanged sentences

partners, manufacturers, regulators or other third parties with whom we conduct business now or in the future.

A wide variety of events beyond our

control, including natural disasters, epidemic or pandemic disease outbreaks (such as the recent novel coronavirus outbreak),

trade wars, political unrest or other events, could disrupt our business or operations or those of our manufacturers,

regulatory authorities, or other third parties with whom we conduct business.

These events may cause businesses and

government agencies to be shut down, supply chains to be interrupted, slowed, or rendered inoperable, and individuals to

become ill, quarantined, or otherwise unable to work and/or travel due to health reasons or governmental restrictions.

example, many states recently ordered most businesses closed, mandating work-from-home arrangements where feasible, in

response to the coronavirus pandemic.

These limitations could negatively affect our business operations and continuity,and

could negatively impact our development timelines and ability to timely perform basic business functions, including, without

limitation, making SEC filings and preparing financial reports.

If our operations or those of third parties with whom we

conduct business are impaired or curtailed as a result of these events, the development and commercialization of our products

and product candidate could be impaired or halted, which could have a material adverse impact on our business.

A wide variety of events beyond our control,

including natural disasters, epidemic or pandemic disease outbreaks (such as the recent novel coronavirus outbreak), trade wars,

political unrest or other events, could disrupt our business or operations or those of our manufacturers, regulatory authorities,

or other third parties with whom we conduct business.

These events may cause businesses and government agencies to be shut down,

supply chains to be interrupted, slowed, or rendered inoperable, and individuals to become ill, quarantined, or otherwise unable

to work and/or travel due to health reasons or governmental restrictions.

For example, many states recently ordered most businesses

closed, mandating work-from-home arrangements where feasible, in response to the coronavirus pandemic.

These limitations could

negatively affect our business operations and continuity, and could negatively impact our development timelines and ability to

timely perform basic business functions, including, without limitation, making SEC filings and preparing financial reports.

our operations or those of third parties with whom we conduct business are impaired or curtailed as a result of these events, the

development and commercialization of our products and product candidate could be impaired or halted, which could have a material

adverse impact on our business.

Recent Sales of Unregistered

3 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 1A. Risk Factors