Zynerba Pharmaceuticals to Participate in Upcoming Investor Conferences

Devon, PA, November 24, 2015 – Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE), a specialty pharmaceutical company dedicated to the development of innovative transdermal synthetic cannabinoid treatments, today announced that the Company will participate in the following upcoming investor conferences:

  • The 2015 Piper Jaffray Healthcare Conference on December 2, 2015 at The Lotte New York Palace Hotel in New York City.  Zynerba will participate in the Underdiscovered Neuroinnovators panel discussion at 10:00 am Eastern Standard Time.
  • The Oppenheimer 26th Annual Healthcare Conference on December 8, 2015 at 10:20 am Eastern Standard Time. The conference will take place at the Westin Grand Central in New York City.

To listen to a webcast of the Oppenheimer presentation during the event, please visit the Investor Relations page of www.zynerba.com. A replay of this webcast will be available for 90 days following the conference.

About Zynerba Pharmaceuticals, Inc.
Zynerba Pharmaceuticals (NASDAQ:ZYNE) is a specialty pharmaceutical company focused on developing and commercializing proprietary next-generation synthetic cannabinoid therapeutics formulated for transdermal delivery. Zynerba is developing therapeutic candidates based on proprietary transdermal technologies that, if successfully developed, may allow sustained, consistent and controlled delivery of therapeutic levels of two cannabinoids: cannabidiol (CBD), a non-psychoactive cannabinoid, and THC. Transdermal delivery has the potential to reduce adverse effects associated with oral dosing. ZYN002, the Company’s CBD Gel, is the first and only synthetic CBD formulated as a patent protected permeation-enhanced gel and is being studied in refractory epilepsy, Fragile X syndrome and osteoarthritis. Zynerba is also developing ZYN001, which utilizes a synthetically manufactured pro-drug of THC in a transdermal patch to deliver THC through the skin and into the bloodstream. ZYN001 will be studied in fibromyalgia and peripheral neuropathic pain. Learn more at www.zynerba.com and follow the Company on Twitter at @ZynerbaPharma.

Cautionary Note on Forward-Looking Statements
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. We may, in some cases, use terms such as “predicts,” “believes,” “potential,” “proposed,” “continue,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from the Company’s current expectations. For example, there can be no guarantee that the Company will obtain approval for ZYN002 or ZYN001 from the U.S. Food and Drug Administration (“FDA”) or foreign regulatory authorities; even if ZYN002 or ZYN001 are approved, the Company may not be able to obtain the label claims that it is seeking from the FDA. Management’s expectations and, therefore, any forward-looking statements in this press release could also be affected by risks and uncertainties relating to a number of other factors, including the following: the success, cost and timing of the Company’s product development activities, studies and clinical trials; the success of competing products that are or become available; the Company’s ability to commercialize its product candidates; the size and growth potential of the markets for the Company’s product candidates, and the Company’s ability to service those markets; the Company’s ability to develop sales and marketing capabilities, whether alone or with potential future collaborators; the rate and degree of market acceptance of the Company’s product candidates; and the Company’s expectations regarding its ability to obtain and adequately maintain sufficient intellectual property protection for its product candidates. These and other risks are described under the heading “Risk Factors” in the registration statement on Form S-1 (commission file number 333-205355), which was declared effective by the Securities and Exchange Commission on August 4, 2015. Any forward-looking statements that the Company makes in this press release speak only as of the date of this press release. The Company assumes no obligation to update forward-looking statements whether as a result of new information, future events or otherwise, after the date of this press release.

Investor Contacts
Richard Baron, CFO Zynerba Pharmaceuticals 484.581.7505
Angeli Kolhatkar Argot Partners 212.600.1902 angeli@argotpartners.com

Media Contact
Eliza Schleifstein Argot Partners 973.361.1546 eliza@argotpartners.com

Zynerba Pharmaceuticals Appoints Warren D. Cooper Lead Independent Director

Devon, PA,, November 16, 2015Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE), a specialty pharmaceutical company dedicated to the development of innovative transdermal synthetic cannabinoid treatments, today announced the Company’s Board of Directors has appointed Warren Cooper, MB, BS, BSc, MFPM, to the newly created role of Lead Independent Director. In this role, Dr. Cooper, who has served as one of Zynerba’s independent directors since August 2015, will act as a key liaison between the Chairman and the independent directors, among other responsibilities.

“The appointment of a lead independent director is good corporate governance, and I look forward to working closely with Warren to assure our success as a company. His background and stature in our industry are exemplary,” said Armando Anido, Chairman and Chief Executive Officer. “I look forward to serving the Company in this new role,” said Dr. Cooper. “Zynerba is making meaningful progress against its goals, among which was the appointment of an experienced board to help guide management through what is a period of very rapid growth and development.”

Dr. Cooper is a UK-trained physician with more than 35 years of experience in the global pharmaceutical industry. Previously, Dr. Cooper was the CEO of Prism Pharmaceuticals, a venture-backed, specialty pharmaceutical company that he led from inception in September 2004 until the sale of the Company to Baxter International in May 2011. His career in the pharmaceutical industry began with Merck, Sharp and Dohme and spanned 12 years, initially as a clinical research physician in the UK, then as head of European and subsequently Worldwide Clinical Research Operations for Merck Research Laboratories across all therapeutic areas. Moving to AstraMerck (now AstraZeneca PLC) in a broad clinical development role, he eventually led that company’s cardiovascular business division, a role with full business lifecycle leadership from in-licensing through development, to P&L responsibility for sales and marketing. Dr. Cooper is a member of the Faculty of Pharmaceutical Medicine of the Royal Colleges of Physicians of the United Kingdom. He has previously served on the Boards of Nutrition 21 Inc, Nuron Biotech Inc., Cardiorentis AG and the World Affairs Council of Philadelphia. Dr. Cooper studied at the London Hospital where he earned degrees in Physiology (1974), Medicine and Surgery (1977) granted by the University of London.

About Zynerba Pharmaceuticals, Inc.
Zynerba Pharmaceuticals (NASDAQ:ZYNE) is a specialty pharmaceutical company focused on developing and commercializing proprietary next-generation synthetic cannabinoid therapeutics formulated for transdermal delivery. Zynerba is developing therapeutic candidates based on proprietary transdermal technologies that, if successfully developed, may allow sustained, consistent and controlled delivery of therapeutic levels of two cannabinoids: cannabidiol (CBD), a non-psychoactive cannabinoid, and THC. Transdermal delivery has the potential to reduce adverse effects associated with oral dosing. ZYN002, the Company’s CBD Gel, is the first and only synthetic CBD formulated as a patent protected permeation-enhanced gel and is being studied in refractory epilepsy, Fragile X syndrome and osteoarthritis. Zynerba is also developing ZYN001, which utilizes a synthetically manufactured pro-drug of THC in a transdermal patch to deliver THC through the skin and into the bloodstream. ZYN001 will be studied in fibromyalgia and peripheral neuropathic pain. Learn more at www.zynerba.com and follow the company on Twitter at @ZynerbaPharma.

Cautionary Note on Forward-Looking Statements
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. We may, in some cases, use terms such as “predicts,” “believes,” “potential,” “proposed,” “continue,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from the Company’s current expectations. For example, there can be no guarantee that the Company will obtain approval for ZYN002 or ZYN001 from the U.S. Food and Drug Administration (“FDA”) or foreign regulatory authorities; even if ZYN002 or ZYN001 are approved, the Company may not be able to obtain the label claims that it is seeking from the FDA. Management’s expectations and, therefore, any forward-looking statements in this press release could also be affected by risks and uncertainties relating to a number of other factors, including the following: the success, cost and timing of the Company’s product development activities, studies and clinical trials; the success of competing products that are or become available; the Company’s ability to commercialize its product candidates; the size and growth potential of the markets for the Company’s product candidates, and the Company’s ability to service those markets; the Company’s ability to develop sales and marketing capabilities, whether alone or with potential future collaborators; the rate and degree of market acceptance of the Company’s product candidates; and the Company’s expectations regarding its ability to obtain and adequately maintain sufficient intellectual property protection for its product candidates. These and other risks are described under the heading “Risk Factors” in the registration statement on Form S-1 (commission file number 333-205355), which was declared effective by the Securities and Exchange Commission on August 4, 2015. Any forward-looking statements that the Company makes in this press release speak only as of the date of this press release. The Company assumes no obligation to update forward-looking statements whether as a result of new information, future events or otherwise, after the date of this press release.

Investor Contacts
Richard Baron, CFO Zynerba Pharmaceuticals 484.581.7505 investorrelations@zynerba.com
Angeli Kolhatkar Argot Partners Angeli@argotpartners.com

Media Contact
Eliza Schleifstein Argot Partners 917.763.8106 Eliza@argotpartners.com

Zynerba Pharmaceuticals Reports Third Quarter 2015 Financial Results and Operational Highlights

Successful IPO, Initiation of Phase 1 for ZYN002 CBD Gel and Leadership Team Build-Out

Devon, PA, November 11, 2015 Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE), a specialty pharmaceutical company dedicated to the development of innovative transdermal synthetic cannabinoid treatments, today reported financial results for the quarter ended September 30, 2015, and provided recent operational highlights.

“Following our successful initial public offering in August, we are well-positioned to advance the development of our pipeline of first-in-class transdermal cannabinoid treatments,” said Armando Anido, Chairman and CEO of Zynerba Pharmaceuticals. “We are rapidly progressing clinical development of these novel transdermal synthetic cannabinoid candidates, with the initiation of a Phase 1 trial for ZYN002 CBD gel in October and expected results in the first half of 2016. With a strong board in place, successful recruitment of additional key leadership and initiation of clinical development for ZYN002, we expect a productive year ahead as we work to take the company and its pipeline to the next stage.”

Third Quarter 2015 and Recent Highlights

Successful IPO: Zynerba closed its initial public offering of 3,450,000 shares of common stock at a public offering price of $14.00 per share, before underwriting discounts, on August 10, 2015. This included the exercise in full by the underwriters of their option to purchase up to 450,000 additional shares of common stock at the public offering price, resulting in gross proceeds of $48.3 million. All of the shares in the offering were sold by Zynerba.

Phase 1 Clinical Trial Initiation for ZYN002 CBD Gel: Zynerba initiated a Phase 1 clinical trial for its ZYN002 cannabidiol (CBD) gel on October 20, 2015. The “Single Rising Dose Study in Normal Subjects and Patients with Epilepsy” study evaluates the pharmacokinetic profile and tolerability of ZYN002 in 32 healthy volunteers and in 12 patients with epilepsy. Results are expected in the first half of 2016.

New Vice President, Manufacturing: Zynerba appointed Brian Boyd as Vice President, Manufacturing, on September 14, 2015. Mr. Boyd is a senior pharmaceutical manufacturing executive with more than 30 years of experience driving superior manufacturing process outcomes in the biotechnology and pharmaceutical industries.  Most recently, he was Vice President, Process Development for Auxilium Pharmaceuticals and also held senior CMC and manufacturing roles with PolyMedix, Discovery Labs, Aviron/MedImmune Vaccines and US Bioscience/MedImmune. He earned a BS in Chemistry fromDenison University.

Six New Board of Directors Members: Zynerba appointed six new members to its board of directors on August 6, 2015, joining Chairman of the Board and CEO Armando Anido. The appointees offer extensive scientific, regulatory, commercial and financial experience and successful track records in development- and commercial-stage pharmaceutical companies. The new board members include Warren D. Cooper, MB, BS, BSc, MPFM, former CEO, Prism Pharmaceuticals; William J. Federici, MBA, CPA, Vice President and Chief Financial Officer of West Pharmaceutical Services; Thomas L. Harrison, LH.D, Chairman Emeritus of Diversified Agency Services, a division of Omnicom Group; Daniel L. Kisner, MD, former venture partner,Aberdare Ventures; Kenneth I. Moch, President, Euclidean Life Sciences Advisors; and Cynthia Rask, MD, board certified in clinical neurophysiology and former Acting Director, Office of Cellular, Tissue and Gene Therapies, US Food and Drug Administration.

Pipeline Update

ZYN002

ZYN002 is the first and only synthetic CBD formulated as a permeation-enhanced gel for transdermal delivery, and is patent-protected through 2030.  ZYN002 is being developed as a clear, odorless gel with once- or twice-daily dosing.  Zynerba plans to evaluate ZYN002 in patients with refractory epilepsy, Fragile X Syndrome (FXS) and osteoarthritis (OA).  A Phase 1 clinical trial for ZYN002 CBD gel was initiated on October 20, 2015 and will evaluate the pharmacokinetic profile (PK) and tolerability of ZYN002 in 32 healthy volunteers and in 12 patients with refractory epilepsy. Results are expected in the first half of 2016.

Subsequent to the single rising dose clinical trial, Zynerba intends to conduct a Phase 1 multiple rising dose clinical trial to examine the tolerability, PK and pharmacodynamics (PD), of multiple doses of ZYN002 in healthy human subjects and in patients with refractory epilepsy. Two randomized, double-blind, placebo-controlled Phase 2a clinical trials comparing the efficacy and safety of ZYN002 to placebo, each in refractory epilepsy and OA are planned for initiation in the second half of 2016.  Zynerba intends to initiate in the second half of 2016, an open label Phase 2a clinical trial in FXS to evaluate efficacy and safety.

ZYN001

ZYN001 is a pro-drug of THC that enables transdermal delivery via a patch and is patent-protected through 2031. A pro-drug is a drug administered in an inactive or less active form and designed to enable more effective delivery, which is then converted into an active form through a normal metabolic process. The Company intends to study ZYN001 in patients with fibromyalgia and peripheral neuropathic pain.

A Phase 1 clinical trial for ZYN001 is planned to initiate in mid-2016 and will evaluate the PK profile and tolerability of ZYN001.  Subsequent to the single rising dose clinical trial, the Company expects to conduct a Phase 1 multiple rising dose clinical trial to examine the tolerability, PK and PD of ZYN001 in healthy human subjects and in patients with fibromyalgia. A Phase 2a randomized, double-blind, placebo-controlled clinical trial comparing the efficacy and safety of  ZYN001 with placebo in fibromyalgia and peripheral neuropathic pain is planned for the first half of 2017.

Third Quarter 2015 Financial Results

As of September 30, 2015, Zynerba had cash and cash equivalents of $44.8 million. Research and development expenses for the three month period ended September 30, 2015 were $2.3 million, including stock-based compensation of approximately $0.3 million. General and administrative expenses for the three month period ending September 30, 2015 were $1.9 million, including stock-based compensation of approximately $0.5 million and a transaction related expense for the initial public offering of $0.5 million. Net loss for the period was $4.0 million with net loss per share of $0.66 per basic and diluted weighted average shares outstanding. Non-GAAP net loss for the period, which excludes stock-based compensation and a transaction related expense, was $2.7 million, or $0.44 per basic and diluted weighted average shares outstanding.  As of September 30, 2015, the Company had 6,045,211 basic and diluted weighted average shares outstanding.

About Zynerba Pharmaceuticals, Inc.

Zynerba Pharmaceuticals (NASDAQ:ZYNE) is a specialty pharmaceutical company focused on developing and commercializing proprietary next-generation synthetic cannabinoid therapeutics formulated for transdermal delivery. Zynerba is developing therapeutic candidates based on proprietary transdermal technologies that, if successfully developed, may allow sustained, consistent and controlled delivery of therapeutic levels of two cannabinoids: cannabidiol (CBD), a non-psychoactive cannabinoid, and THC. Transdermal delivery has the potential to reduce adverse effects associated with oral dosing. ZYN002, the Company’s CBD Gel, is the first and only synthetic CBD formulated as a patent protected permeation-enhanced gel and is being studied in refractory epilepsy, Fragile X syndrome and osteoarthritis. Zynerba is also developing ZYN001, which utilizes a synthetically manufactured pro-drug of THC in a transdermal patch to deliver THC through the skin and into the bloodstream. ZYN001 will be studied in fibromyalgia and peripheral neuropathic pain. Learn more at www.zynerba.com and follow the company on Twitter at @ZynerbaPharma.

Non-GAAP Financial Measures

The non-GAAP financial information contained herein are a supplement to the corresponding financial measures prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Non-GAAP measures should be considered in addition to, but not as a substitute for, reported GAAP results.  Further, non-GAAP financial measures, even if similarly titled, may not be calculated in the same manner by all companies, and therefore should not be compared.

Management uses non-GAAP net loss (defined as net loss before stock-based compensation and transaction related expense) in its evaluation of the Company’s core results of operations and trends between fiscal periods and believes that these measures are important components of its internal performance measurement process. Management believes that this non-GAAP financial information reflects an additional way of viewing aspects of our business that, when viewed with our GAAP results, provide a more complete understanding of factors and trends affecting our business.  Please see the section of this press release titled “Reconciliation of Non-GAAP Net Loss.”

Cautionary Note on Forward-Looking Statements

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. We may, in some cases, use terms such as “predicts,” “believes,” “potential,” “proposed,” “continue,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from the Company’s current expectations. For example, there can be no guarantee that the Company will obtain approval for ZYN002 or ZYN001 from the U.S. Food and Drug Administration (“FDA”) or foreign regulatory authorities; even if ZYN002 or ZYN001 are approved, the Company may not be able to obtain the label claims that it is seeking from the FDA. Management’s expectations and, therefore, any forward-looking statements in this press release could also be affected by risks and uncertainties relating to a number of other factors, including the following: the success, cost and timing of the Company’s product development activities, studies and clinical trials; the success of competing products that are or become available; the Company’s ability to commercialize its product candidates; the size and growth potential of the markets for the Company’s product candidates, and the Company’s ability to service those markets; the Company’s ability to develop sales and marketing capabilities, whether alone or with potential future collaborators; the rate and degree of market acceptance of the Company’s product candidates; and the Company’s expectations regarding its ability to obtain and adequately maintain sufficient intellectual property protection for its product candidates. These and other risks are described under the heading “Risk Factors” in the registration statement on Form S-1 (commission file number 333-205355), which was declared effective by the Securities and Exchange Commission on August 4, 2015. Any forward-looking statements that the Company makes in this press release speak only as of the date of this press release. The Company assumes no obligation to update forward-looking statements whether as a result of new information, future events or otherwise, after the date of this press release.

ZYNERBA PHARMACEUTICALS, INC.
Consolidated Statements of Operations
(unaudited)
Three months ended
Nine months ended
September 30, 2015 September 30, 2014 September 30, 2015 September 30, 2014
Revenues $ 199,407 $ 525,471 $ 229,625 $ 735,855
Operating expenses:
Research and development 2,271,968 932,838 4,136,659 1,585,711
General and administrative 1,922,755 2,107,520 3,208,003 3,413,560
Total operating expenses 4,194,723 3,040,358 7,344,662 4,999,271
Loss from operations (3,995,316 ) (2,514,887 ) (7,115,037 ) (4,263,416 )
Other income (expense):
Interest income (expense), net 1,572 (359 ) 2,948 (1,844 )
Net loss (3,993,744 ) (2,515,246 ) (7,112,089 ) (4,265,260 )
Accretion of redeemable convertible preferred stock (87,954 )
Net loss applicable to common stockholders $ (3,993,744 ) $ (2,515,246 ) $ (7,112,089 ) $ (4,353,214 )
Net loss per share – basic and diluted $ (0.66 ) $ (2.17 ) $ (2.37 ) $ (6.19 )
Basic and diluted weighted average shares outstanding 6,045,211 1,160,812 2,998,480 703,321
ZYNERBA PHARMACEUTICALS, INC.
Consolidated Balance Sheets
(unaudited)
September 30, 2015 December 31, 2014
Assets
Current assets:
Cash and cash equivalents $ 44,806,731 $ 9,330,681
Deferred offering costs 1,080,199
Prepaid expenses and other current assets 2,059,169 1,183,949
Total current assets 46,865,900 11,594,829
Property and equipment, net 229,012 19,642
Other assets 200 2,200
Total assets $ 47,095,112 $ 11,616,671
Liabilities, Convertible Preferred Stock and Stockholders’ Equity (Deficit)
Current Liabilities:
Accounts payable $ 615,530 $ 313,937
Accrued expenses 1,207,698 1,711,473
Deferred grant revenue 890,500 1,120,125
Total current liabilities 2,713,728 3,145,535
Commitments and contingencies
Convertible Preferred Stock:
Series 1 convertible preferred stock, $0.001 par value 16,522,811
Stockholders’ equity (deficit):
Common stock, $0.001 par value 9,200 2,030
Additional paid-in capital 61,512,978 1,975,000
Accumulated deficit (17,140,794 ) (10,028,705 )
Total stockholders’ equity (deficit) 44,381,384 (8,051,675 )
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) $ 47,095,112 $ 11,616,671
ZYNERBA PHARMACEUTICALS, INC.
Reconciliation of Non-GAAP Net Loss
(unaudited)
Three months ended
Nine months ended
September 30, 2015 September 30, 2014 September 30, 2015 September 30, 2014
GAAP Net loss $ (3,993,744 ) $ (2,515,246 ) $ (7,112,089 ) $ (4,353,214 )
Add back:
Stock-based compensation 836,824 836,824
Transaction related expense 500,000 500,000
Non-GAAP net loss $ (2,656,920 ) $ (2,515,246 ) $ (5,775,265 ) $ (4,353,214 )
GAAP Net loss per share $ (0.66 ) $ (2.17 ) $ (2.37 ) $ (6.19 )
Add back:
Stock-based compensation 0.14 0.28
Transaction related expense 0.08 0.17
Non-GAAP net loss per share $ (0.44 ) $ (2.17 ) $ (1.93 ) $ (6.19 )
Shares used in computation of GAAP and
non-GAAP net loss per share – basic and diluted 6,045,211 1,160,812 2,998,480 703,321

Investor Contacts
Richard Baron, CFO | Zynerba Pharmaceuticals | 484.581.7505 | Investorrelations@zynerba.com
Angeli Kolhatkar | Argot Partners | 212.600.1902 | Angeli@argotpartners.com
Media Contact
Eliza Schleifstein Argot Partners | 917.763.8106 | Eliza@argotpartners.com

Zynerba Pharmaceuticals to Present at Jefferies Autumn 2015 Global Healthcare Conference

DEVON, PA, November 11, 2015  — Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE), a specialty pharmaceutical company dedicated to the development of innovative transdermal synthetic cannabinoid treatments, today announced that the company will present at the Jefferies Autumn 2015 Global Healthcare Conference. The conference will be held November 18 to 19, at The May Fair Hotel in London. Zynerba Chairman and CEO Armando Anido will present on Wednesday, November 18, at 3:20 pm Greenwich Mean time.

To listen to a webcast of this presentation during the event, please visit the Investor Relations page of www.zynerba.com. A replay of this webcast will be available for 90 days following the conference.

About Zynerba Pharmaceuticals, Inc.

Zynerba Pharmaceuticals (NASDAQ:ZYNE) is a specialty pharmaceutical company focused on developing and commercializing proprietary next-generation synthetic cannabinoid therapeutics formulated for transdermal delivery. Zynerba is developing therapeutic candidates based on proprietary transdermal technologies that, if successfully developed, may allow sustained, consistent and controlled delivery of therapeutic levels of two cannabinoids: cannabidiol (CBD), a non-psychoactive cannabinoid, and THC. Transdermal delivery has the potential to reduce adverse effects associated with oral dosing. ZYN002, the Company’s CBD Gel, is the first and only synthetic CBD formulated as a patent protected permeation-enhanced gel and is being studied in refractory epilepsy, Fragile X syndrome and osteoarthritis. Zynerba is also developing ZYN001, which utilizes a synthetically manufactured pro-drug of THC in a transdermal patch to deliver THC through the skin and into the bloodstream. ZYN001 will be studied in fibromyalgia and peripheral neuropathic pain. Learn more at www.zynerba.com and follow the company on Twitter at @ZynerbaPharma.

Cautionary Note on Forward-Looking Statements

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. We may, in some cases, use terms such as “predicts,” “believes,” “potential,” “proposed,” “continue,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from the Company’s current expectations. For example, there can be no guarantee that the Company will obtain approval for ZYN002 or ZYN001 from the U.S. Food and Drug Administration (“FDA”) or foreign regulatory authorities; even if ZYN002 or ZYN001 are approved, the Company may not be able to obtain the label claims that it is seeking from the FDA. Management’s expectations and, therefore, any forward-looking statements in this press release could also be affected by risks and uncertainties relating to a number of other factors, including the following: the success, cost and timing of the Company’s product development activities, studies and clinical trials; the success of competing products that are or become available; the Company’s ability to commercialize its product candidates; the size and growth potential of the markets for the Company’s product candidates, and the Company’s ability to service those markets; the Company’s ability to develop sales and marketing capabilities, whether alone or with potential future collaborators; the rate and degree of market acceptance of the Company’s product candidates; and the Company’s expectations regarding its ability to obtain and adequately maintain sufficient intellectual property protection for its product candidates. These and other risks are described under the heading “Risk Factors” in the registration statement on Form S-1 (commission file number 333-205355), which was declared effective by the Securities and Exchange Commission on August 4, 2015.

Any forward-looking statements that the Company makes in this press release speak only as of the date of this press release. The Company assumes no obligation to update forward-looking statements whether as a result of new information, future events or otherwise, after the date of this press release.

Investor Contacts
Richard Baron, CFO
Zynerba Pharmaceuticals
484.581.7505

Angeli Kolhatkar
Argot Partners
212.600.1902
angeli@argotpartners.com

Media Contact
Eliza Schleifstein
Argot Partners
973.361.1546
eliza@argotpartners.com