Spruce Biosciences Inc (NAS:SPRB)
$ 0.4059 0.0104 (2.63%) Market Cap: 16.34 Mil Enterprise Value: -40.49 Mil PE Ratio: 0 PB Ratio: 0.32 GF Score: 32/100
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Spruce Biosciences Inc at JMP Securities Life Sciences Conference Transcript

May 15, 2023 / 05:30PM GMT
Release Date Price: $2.18 (-2.24%)
Jon Wolleben
JMP Securities - Analyst

Good afternoon, everybody. My name is Jon Wolleben, Senior Analyst here at JMP Securities. Thanks for joining us for our afternoon session with Spruce Biosciences. We have CEO Javier Szwarcberg, to walk us through the story, where I do a little Q&A. But at first, Javier has some prepared remarks, so I will jump in after that. And if you have questions at the end, just feel free to raise your hand, and we'll answer as needed.

Javier Szwarcberg
Spruce Biosciences, Inc. - CEO

Terrific. Thank you, thank you for having me today. So good afternoon, everyone. My name is Javier Szwarcberg, as Jon said, I'm the CEO of Spruce. Spruce is a late-stage biopharma company focused on developing assets for rare endocrine diseases. Our main focus is in CAH. We think CAH provides a very large market opportunity, about $3 billion market as a whole.

Very large unmet need, low competitive pressure today, and with a disease that hasn't seen any type of innovation in at least 56 years since the advent of synthetic steroids.

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