GlobeNewswire Inc | Nov 3, 2020 09:20AM EST

November 03, 2020

HANOVER, Md., Nov. 03, 2020 (GLOBE NEWSWIRE) -- via InvestorWire -- Processa Pharmaceuticals, Inc. (NASDAQ: PCSA) (Processa or the Company), a clinical-stage biopharmaceutical company developing products to improve survival and/or quality of life for patients who have high unmet medical need conditions, today announces it will host a conference call and live webcast on Nov. 12, 2020, at 5:30 p.m. Eastern time to discuss its third quarter 2020 results and provide an update on the Companys clinical pipeline. The update will include a discussion of the Companys three clinical-stage drugs (each of which addresses potential billion-dollar markets):

1) PCS6422 combined with fluoropyrimidines to treat multiple types of cancers.

2) PCS499 to treat ulcerated necrobiosis lipoidica, a rare orphan condition.

3) PCS12852 to treat GI motility conditions such as gastroparesis, the approved drugs and off-label-use drugs for which have caused very serious side effects.

Q&A with CEO David Young and the management team will take place at the conclusion of the call.

Conference Call Information

To participate in this event, dial approximately 5 to 10 minutes before the beginning of the call.

Date: Nov. 12, 2020 Time: 5:30 p.m. ET Dial-In Information: Toll Free: 877-876-9176 International: 785-424-1670

Live Webcast: https://www.webcaster4.com/Webcast/Page/2572/38528

Conference Call Replay Information

Toll-free: 877-481-4010 International: 919-882-2331 Replay Passcode: 38528

About Processa Pharmaceuticals, Inc.

The mission of Processa is to develop products for which existing clinical evidence of efficacy has already been established for unmet or underserved medical conditions for which patients need treatment options that improve survival and or quality of life. The Company used these criteria to develop its pipeline programs in order to effectively and efficiently achieve high-value milestones using the Processa Regulatory Science approach. The members of the Processa development team have been involved with more than 30 drug approvals by the FDA (including drug products targeted to orphan disease conditions) and more than 100 FDA meetings throughout their careers.

For more information, visit the companys website atwww.ProcessaPharma.com.

Forward-Looking Statements

This release contains forward-looking statements. The statements in this press release that are not purely historical are forward-looking statements that involve risks and uncertainties. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Please refer to the documents filed by Processa Pharmaceuticals with the SEC, specifically the most recent reports on Forms 10-K and 10-Q, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.

For More Information: Michael Floyd (301) 651-4256mfloyd@processapharma.com

James Carbonara Hayden IR (646) 755-7412james@haydenir.com

Corporate Communications:InvestorBrandNetwork (IBN) Los Angeles, Californiawww.InvestorBrandNetwork.com 310.299.1717 OfficeEditor@InvestorBrandNetwork.com