Mitochondria, found in nearly every cell in the body, are the body's main source of energy production and are critical for normal organ function. We have optimized our discovery platform to identify novel mitochondria-targeted compounds, including SBT-259, the SBT-550 series of compounds, and other compounds which may be nominated as therapeutic product candidates or utilized as scaffolds to deliver other compounds to mitochondria.A live audio webcast of the event will be available on the Investors & News section of Stealth's website at We are a clinical-stage biotechnology company focused on the discovery, development and commercialization of novel therapies for diseases involving mitochondrial dysfunction. "Our mission is to deliver therapies to patients suffering from devastating mitochondrial diseases, and this partnership will enhance our ability to rapidly deliver on that mission," said Stealth Chief Executive Officer Reenie McCarthy. Our other pipeline candidates include SBT-272, which we are evaluating for rare neurodegenerative disease indications, and SBT-20 and SBT-259, being evaluated for rare peripheral neuropathies. We are evaluating our second-generation clinical stage candidate, SBT-272, for rare neurodegenerative disease indications following promising preclinical data in amyotrophic lateral sclerosis, or ALS. Statements that are not historical facts, including statements about Stealth BioTherapeutics' beliefs, plans and expectations, are forward-looking statements. The words "anticipate," "expect," "hope," "plan," "potential," "possible," "will," "believe," "estimate," "intend," "may," "predict," "project," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Medical-Biomed/Biotech Group. We are evaluating our second-generation clinical stage candidate, SBT-272, for rare neurodegenerative disease indications following promising preclinical data in amyotrophic lateral sclerosis, or ALS. We have optimized our discovery platform to identify novel mitochondria-targeted compounds, which may be nominated as therapeutic product candidates or utilized as scaffolds to deliver other compounds to mitochondria. When it comes to insiders, those who are close to the company currently own 0 percent of MITO shares. Several early stage biotechnology companies struggle to keep cash on hand. MITO. Such forward-looking statements include those regarding Stealth BioTherapeutics' plans, strategies and expectations for its preclinical and clinical advancement of its drug development programs, including its ongoing clinical trials of elamipretide and planned clinical trial of SBT-272; the potential benefits of Stealth BioTherapeutics' product candidates; its key milestones for 2020; its plans regarding future data presentations; and its financial guidance regarding the period in which it will have capital available to fund its operations. We have assembled a highly experienced management team, board of directors and group of scientific advisors to help us achieve our mission of leading mitochondrial medicine.Keep your ear to the ground with our FREE newsletter including our watch list, weekly review and daily updatesNet loss per share attributable to ordinary shareholders — Weighted average ordinary shares used in net loss per share An additional $20.0 million was received in April 2020, pursuant to a private placement Net loss per share attributable to ordinary shareholders — basic andWeighted average ordinary shares used in net loss per share attributableNet loss per share attributable to ordinary shareholders — basic Weighted average ordinary shares used in net loss per share attributable (a)  In October 2019, we received a $30 million payment associated with the Alexion option and share purchase agreements announced on October 10, 2019. Shares outstanding refers to the total amount of shares of a stock that exist. If Alexion chooses to exercise the option, the companies will co-develop subcutaneous elamipretide in the U.S. for PMM and Barth syndrome, as well as Leber's hereditary optic neuropathy (LHON), which is currently in earlier stage clinical development. In this case, the cash to share value ratio comes to 0.32.

We believe our lead product candidate, elamipretide, has the potential to treat both rare metabolic cardiomyopathies, such as Barth, Duchenne and Becker muscular dystrophies and Friedreich's ataxia, as well as ophthalmic diseases entailing mitochondrial dysfunction, such as dry age-related macular degeneration and Leber's hereditary optic neuropathy.

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