Item 2.02. Results of Operations and Financial Condition.

On May 16, 2022, PhaseBio Pharmaceuticals, Inc. (the "Company") reported financial results for the first quarter ended March 31, 2022. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference.

The information in this Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished pursuant to Item 2.02 and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as expressly set forth by specific reference in such filing to this item of this report.

Item 7.01. Regulation FD Disclosure.

On May 16, 2022, the Company updated its corporate presentation for use in meetings with investors, analysts and others. The presentation is available through the Company's website and a copy is attached as Exhibit 99.2 to this Current Report on Form 8-K.

The information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.2, is being furnished pursuant to Item 7.01 and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, whether made before or after the date hereof, except as expressly set forth by specific reference in such filing to this item of this report.

Item 9.01 Financial Statements and Exhibits.



(d)  Exhibits
    Exhibit No.                                            Description

                             Press Release, dated May 16, 2022, entitled "PhaseBio Pharmaceuticals
                           Reports First Quarter 2022 Financial Results and Recent Business
99.1                       Highlights".
99.2                         Corporate Presentation, dated May 16, 2022.

104                        Cover page interactive data file (formatted as Inline XBRL).

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