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Aligos Therapeutics Announces First Interim Analysis Results from the Phase 2 B-SUPREME Study of Pevifoscorvir Sodium in Participants with Chronic Hepatitis B Virus Infection and Grant of FDA Fast Track Designation

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Very Positive)

Aligos Therapeutics (Nasdaq: ALGS) reported first interim Phase 2 B-SUPREME results and FDA Fast Track Designation for pevifoscorvir sodium in chronic hepatitis B.

The DSMB recommended increasing the HBeAg- cohort sample size from 74 to 100, futility criteria were not met, study drugs were well tolerated, and topline data remain on track for 2027.

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Positive

  • FDA Fast Track designation granted for pevifoscorvir sodium
  • DSMB recommended Part 2a sample size increase to 100
  • Futility criteria not met at first interim analysis
  • Study drugs well-tolerated with no concerning safety signals

Negative

  • Part 2a sample size increase to 100 increases enrollment burden
  • Completion of HBeAg- cohort now expected in 2H 2026, potentially extending timelines

News Market Reaction – ALGS

-15.10% 3.4x vol
14 alerts
-15.10% News Effect
+9.0% Peak Tracked
-20.2% Trough Tracked
-$10M Valuation Impact
$54.08M Market Cap
3.4x Rel. Volume

On the day this news was published, ALGS declined 15.10%, reflecting a significant negative market reaction. Argus tracked a peak move of +9.0% during that session. Argus tracked a trough of -20.2% from its starting point during tracking. Our momentum scanner triggered 14 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $10M from the company's valuation, bringing the market cap to $54.08M at that time. Trading volume was very high at 3.4x the daily average, suggesting heavy selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

HBeAg- interim participants: 34 participants Participants with safety review: 174 participants Planned HBeAg- sample size: 100 participants +5 more
8 metrics
HBeAg- interim participants 34 participants ≈60% of Part 2a HBeAg- cohort reaching Week 12 or later at interim analysis
Participants with safety review 174 participants All enrolled subjects reviewed for safety in B-SUPREME interim analysis
Planned HBeAg- sample size 100 participants Part 2a cohort size after DSMB recommendation to increase enrollment
Current HBeAg- enrollment 74 participants Number enrolled in HBeAg- Part 2a cohort at time of interim analysis
HBeAg+ enrollment 103 participants Number enrolled in HBeAg+ Part 1a cohort of B-SUPREME
Phase 1 duration 96 weeks Phase 1 monotherapy study of pevifoscorvir sodium supporting Fast Track
Follow-up duration 8 weeks Nucleoside analog follow-up period in Phase 1 HBV study
Avg. clinical-trial move -10.58% Average 24h move on prior clinical-trial-tagged ALGS news

Market Reality Check

Price: $6.09 Vol: Volume 58,311 is 1.38x th...
normal vol
$6.09 Last Close
Volume Volume 58,311 is 1.38x the 20-day average of 42,365, indicating elevated trading interest pre-news. normal
Technical Shares at 8.64 are trading slightly below the 200-day MA of 8.69 and about 36.88% below the 52-week high.

Peers on Argus

ALGS gained 8.07% with elevated volume, while key peers showed mixed, smaller mo...
2 Up

ALGS gained 8.07% with elevated volume, while key peers showed mixed, smaller moves (e.g., BYSI up 4.8%, IGMS down 2.31%, ACET down 4.8%). Momentum scanner only flagged modest upside in CVM and OSTX, supporting a stock-specific reaction.

Previous Clinical trial Reports

5 past events · Latest: Jan 21 (Neutral)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 21 B-SUPREME progress update Neutral -0.1% Provided enrollment status and interim-analysis timing for Phase 2 B-SUPREME HBV study.
Aug 13 Phase 2 dosing start Positive +2.9% Announced first subject dosed in Phase 2 B-SUPREME ALG-000184 HBV trial.
Oct 15 Conference abstracts data Positive +0.6% Reported multiple accepted abstracts with promising HBV and MASH data for pipeline drugs.
Sep 15 MASH topline results Positive -28.1% Positive Phase 2a HERALD MASH topline results with significant liver fat reductions.
Sep 18 MASH topline preview Neutral -28.1% Announced upcoming release date for Phase 2a HERALD MASH topline results.
Pattern Detected

Clinical trial news has produced mixed reactions, with some positive HBV/MASH data followed by sharp downside moves.

Recent Company History

Over multiple clinical trial updates since September 2024, ALGS has advanced HBV candidate pevifoscorvir sodium (ALG-000184) and MASH candidate ALG-055009, while guiding topline readouts into 2027. Initial dosing in B-SUPREME and later interim/progress updates were generally positive yet sometimes met with selling, including a -28.11% reaction to encouraging MASH topline data. Today’s interim B-SUPREME analysis and Fast Track Designation extend this HBV narrative, consistent with the long-dated, data-driven trajectory previously communicated.

Historical Comparison

-10.6% avg move · In the past, ALGS clinical-trial headlines averaged a -10.58% next-day move. Today’s +8.07% reaction...
clinical trial
-10.6%
Average Historical Move clinical trial

In the past, ALGS clinical-trial headlines averaged a -10.58% next-day move. Today’s +8.07% reaction to B-SUPREME interim and Fast Track news stands out as relatively stronger and directionally opposite.

Clinical updates trace a progression from initial dosing in the Phase 2 B-SUPREME HBV study through enrollment and interim-analysis planning, alongside positive MASH and HBV data, culminating in this first B-SUPREME interim readout and regulatory Fast Track recognition.

Market Pulse Summary

The stock dropped -15.1% in the session following this news. A negative reaction despite positive el...
Analysis

The stock dropped -15.1% in the session following this news. A negative reaction despite positive elements—such as Fast Track status and continued B-SUPREME enrollment with no futility trigger—would fit a history where clinical updates sometimes met with selling. Prior MASH topline data, despite statistically significant liver fat reductions, coincided with a -28.11% move, and average clinical-trial news saw a -10.58% reaction. That backdrop highlights sensitivity to longer timelines, financing needs, and prior volatility around data milestones.

Key Terms

fast track designation, data safety monitoring review board, capsid assembly modulator, monotherapy, +4 more
8 terms
fast track designation regulatory
"Additionally, Aligos announced that the United States Food and Drug Administration (FDA) has granted Fast Track Designation"
A "fast track designation" is a process that speeds up the review and approval of a product or project, allowing it to reach the market or be completed more quickly than usual. For investors, it can signal that a product may become available sooner, potentially leading to earlier revenue or benefits, and indicating a priority status that might influence company performance and market opportunities.
data safety monitoring review board medical
"where the independent Data Safety Monitoring Review Board (DSMB) has recommended continuation"
An independent group of experts that watches over clinical trials or other studies to check participant safety and the reliability of results, like a safety inspector who can pause or change a project if risks or clear benefits emerge. For investors, their findings can affect a drug or device’s development timeline, regulatory approval prospects and company value, because a stoppage or positive endorsement often leads to major market moves.
capsid assembly modulator medical
"a potential best/first-in-class capsid assembly modulator (CAM-E) under investigation"
A capsid assembly modulator is a drug that disrupts the construction or stability of a virus’s protein shell (the capsid), stopping the virus from forming infectious particles or from releasing its genetic material. For investors, these drugs matter because they represent a targeted antiviral approach that can create new treatment markets or licensing value if clinical trials succeed, but they also carry the usual high development and regulatory risks of experimental therapies.
monotherapy medical
"96-Week Phase 1 (NCT04536337) data evaluating pevifoscorvir sodium monotherapy in patients"
Monotherapy is a treatment approach that uses only one type of medicine or therapy to address a condition, instead of combining multiple options. For investors, understanding monotherapy matters because it can influence a company's development strategy, risk profile, and potential market size, especially if the single-treatment approach proves effective or faces limitations compared to combination therapies.
rolling review regulatory
"Fast Track Designation may be eligible for Rolling Review, Accelerated Approval and Priority Review"
A rolling review is a regulatory process where health authorities examine data on a drug or vaccine as it becomes available instead of waiting for a complete file at the end. For investors, this can speed up the timeline to approval and reduce uncertainty because regulators assess progress in real time—think of reading and approving chapters of a book as they’re finished rather than waiting for the whole manuscript, which can bring forward potential market access and revenue.
accelerated approval regulatory
"Fast Track Designation may be eligible for Rolling Review, Accelerated Approval and Priority Review"
Accelerated approval is a process that allows new medical treatments to be approved more quickly than usual if they address serious or life-threatening conditions and show promising early results. For investors, it signals that a treatment may reach the market sooner, potentially boosting a company's prospects, but it also involves some uncertainty since full evidence of effectiveness is still being gathered.
priority review regulatory
"Fast Track Designation may be eligible for Rolling Review, Accelerated Approval and Priority Review"
Priority review is a regulatory fast-track that shortens the time an agency spends evaluating a drug, vaccine or medical device application so a decision comes sooner than normal. For investors, it matters because a faster review is like an express lane to market: it can speed revenue potential and reduce regulatory uncertainty, but it does not guarantee approval and still requires the product to meet safety and effectiveness standards.
nucleoside analog medical
"along with the 8-Week nucleoside analog follow-up data"
A nucleoside analog is a lab-made molecule that mimics the natural building blocks of DNA or RNA and can be mistaken for them when cells or viruses copy their genetic material. Once incorporated, it can block or corrupt copying, stopping viral replication or killing rapidly dividing cells. Investors care because these compounds are common drug candidates whose clinical trial results, patents and approvals strongly affect a company’s future revenue and risk profile.

AI-generated analysis. Not financial advice.

  • Received FDA Fast Track Designation for pevifoscorvir sodium for the treatment of chronic hepatitis B virus infection
  • HBeAg- cohort sample size increased to optimize powering; futility criteria not met
  • Study drugs were well-tolerated by participants
  • Topline data expected in 2027, guidance remains unchanged

SOUTH SAN FRANCISCO, Calif., April 14, 2026 (GLOBE NEWSWIRE) -- Aligos Therapeutics, Inc. (Nasdaq: ALGS, “Aligos”) a clinical stage biopharmaceutical company focused on improving patient outcomes through best-in-class therapies for liver and viral diseases, today announced the first interim analysis results of the Phase 2 B-SUPREME study of pevifoscorvir sodium in participants with chronic hepatitis B virus (HBV) infection for the Part 2a (HBeAg- cohort) where the independent Data Safety Monitoring Review Board (DSMB) has recommended continuation of the study with an increase in sample size for this cohort in order to optimize statistical powering; futility criteria for the cohort was not met. Additionally, Aligos announced that the United States Food and Drug Administration (FDA) has granted Fast Track Designation to pevifoscorvir sodium, a potential best/first-in-class capsid assembly modulator (CAM-E) under investigation for the treatment of chronic hepatitis B virus (HBV) infection.

Interim Analysis

The study design for the Phase 2 B-SUPREME study includes pre-specified sample size re-estimations for both Parts 1a and 2a to ensure sufficient power to demonstrate a statistically significant treatment effect at the primary endpoint. The first pre-specified interim analysis of the Phase 2 B-SUPREME study was performed after approximately 60% of HBeAg- participants (N=34, Part 2a) reached Week 12 or later. In addition, safety data was reviewed for all participants enrolled in the study (N=174) at the time the interim analysis was performed.

Findings from the first interim analysis include:

  • The DSMB recommended increasing the sample size of Part 2a from 74 currently enrolled to 100 participants. A futility analysis was performed; the prespecified futility criteria was not met, per the statistical analysis plan.
  • The study drugs were well-tolerated with no clinically concerning laboratory, physical examination, vital sign, or ECG abnormalities. No viral breakthrough related to study drugs has been observed in the study to date.

Aligos remains blinded to participant-level data. Completion of enrollment in the HBeAg- cohort is expected in the second half of 2026. Currently, there are 74 participants enrolled in the HBeAg- cohort (Part 2a), with 103 participants enrolled in the HBeAg+ cohort (Part 1a). Topline data remains on track for 2027.

“We are encouraged by this recommendation from the DSMB to increase the sample size in order to increase the probability for success of the study’s primary endpoint,” stated Lawrence Blatt, Ph.D., M.B.A., Chairman, President, and Chief Executive Officer at Aligos Therapeutics. “We believe we can enroll the necessary study participants in the coming months, with topline data on track for 2027. Additionally, I am thrilled to share that pevifoscorvir sodium has been granted Fast Track Designation. Aligos’ mission since its founding has been to improve outcomes for patients with unmet needs in liver and viral diseases and being granted Fast Track Designation for pevifoscorvir sodium is the next step in our journey to make this a reality. As we progress the Phase 2 B-SUPREME study, we look forward to working with regulators to determine the appropriate path forward.”

Fast Track Designation

The FDA Fast Track Designation was supported by the 96-Week Phase 1 (NCT04536337) data evaluating pevifoscorvir sodium monotherapy in patients with chronic HBV infection, which were presented at The Liver Meeting® 2025, along with the 8-Week nucleoside analog follow-up data. This study demonstrated that pevifoscorvir sodium was well tolerated by study participants and the data demonstrated potential best-in-class reductions across clinically relevant viral markers.

Fast Track Designation is a process designed to facilitate the development and expedite the review of drugs to treat serious conditions and fill an unmet medical need. It enables more frequent meetings and communication with the FDA to ensure alignment on development plans and the collection of clinical data needed to support approval. Furthermore, clinical programs with Fast Track Designation may be eligible for Rolling Review, Accelerated Approval and Priority Review if relevant criteria are met. For conditions where an available treatment exists, a drug candidate must show some advantage over available therapy, such as superior effectiveness, to be granted Fast Track Designation1.

About B-SUPREME

The Phase 2 B-SUPREME study (NCT06963710) is a randomized, double-blind, active-controlled multicenter study evaluating the safety and efficacy of pevifoscorvir sodium monotherapy compared with tenofovir disoproxil fumarate in approximately 200 untreated HBeAg+ and HBeAg- adult subjects with chronic HBV infection for 48 weeks. The primary endpoint in the HBeAg+ part is HBV DNA <LLOQ (10 IU/mL, target detected [TD] or target not detected [TND]) and the primary endpoint in the HBeAg- part is HBV DNA <LLOQ (10 IU/mL, target not detected [TND]). The study will also evaluate the safety, pharmacokinetics, and other secondary and exploratory biomarkers, including reductions in HBV antigens and other markers of HBV infection. The second interim analysis is expected in the second half of 2026 and topline data is expected in 2027.

About pevifoscorvir sodium

Pevifoscorvir sodium (formerly known as ALG-000184) was derived from initial IP licensed from the laboratory of Dr. Raymond Schinazi at Emory University, which was further optimized by Aligos. Pevifoscorvir sodium is a potent potential best/first-in-class oral small molecule capsid assembly modulator (CAM-E) being developed for chronic hepatitis B virus (HBV) infection. Phase 1 studies have demonstrated after single and multiple daily doses that pevifoscorvir sodium was well-tolerated by study participants, with no safety signals observed, and demonstrated linear PK and promising antiviral activity. In longer term Phase 1 studies, pevifoscorvir sodium 300mg QD x ≤96 weeks monotherapy has demonstrated sustained reductions in HBV DNA, RNA, HBsAg, HBeAg, and HBcrAg. Pevifoscorvir sodium has a regulatory path, as acknowledged by the FDA, EMA, and NMPA (China), for subsequent studies utilizing the chronic suppressive pathway.

About Chronic HBV Infection

Chronic hepatitis B virus (HBV) infection is a life-threatening viral infection that primarily affects the liver with 254 million patients worldwide and approximately 1.2 million individuals become newly infected every year despite the availability of a prophylactic vaccine. Complications include cirrhosis, end-stage liver disease, and hepatocellular carcinoma, which collectively resulted in approximately 1.08 million deaths in 2022, according to the European Association for the Study of the Liver’s 2025 clinical practice guidelines. Chronic HBV infection is the primary cause of liver cancer worldwide, and the mortality associated with HBV-related liver cancer continues to increase.

About Aligos

Aligos Therapeutics, Inc. (NASDAQ: ALGS) is a clinical stage biopharmaceutical company founded with the mission to improve patient outcomes by developing best-in-class therapies for the treatment of liver and viral diseases. Aligos applies its science driven approach and deep R&D expertise to advance its purpose-built pipeline of therapeutics with high unmet medical needs such as chronic hepatitis B virus (HBV) infection, metabolic dysfunction-associated steatohepatitis (MASH), obesity, and coronaviruses.

For more information, please visit www.aligos.com or follow us on LinkedIn or X.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any statements in this press release that are not historical facts may be considered “forward-looking statements,” including without limitation, statements regarding Aligos’ mission to improve patient outcomes by developing best-in-class therapies for the treatment of liver and viral diseases; the expected pace of enrollment in the B-SUPREME study, timing for enrollment completion, expectations for second interim analysis in the second half of 2026, and expectations for topline data in 2027; whether the planned increase in enrollment will lead to success in meeting the study’s primary endpoint; expectations regarding what the B-SUPREME study will evaluate in the future; and whether the granting of Fast Track Designation by the FDA for pevifoscorvir sodium will lead to improved outcomes for patients with unmet needs in liver and viral diseases. Such forward-looking statements are subject to substantial risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties inherent in the drug development process, including Aligos’ clinical stage of development, the process of designing and conducting clinical trials and the regulatory approval processes. For a further description of the risks and uncertainties that could cause actual results to differ from those anticipated in these forward-looking statements, as well as risks relating to the business of Aligos in general, see Aligos’ Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 5, 2026 and its future periodic reports to be filed or submitted with the Securities and Exchange Commission. Except as required by law, Aligos undertakes no obligation to update any forward-looking statements to reflect new information, events or circumstances, or to reflect the occurrence of unanticipated events.

  1. https://www.fda.gov/patients/fast-track-breakthrough-therapy-accelerated-approval-priority-review/fast-track (Accessed April 14, 2026)

 Aligos Therapeutics

Contact
Jordyn Tarazi
Vice President, Investor Relations & Corporate Communications
+1 (650) 910-0427
jtarazi@aligos.com

Media Contact
Inizio Evoke
Jake Robison
Vice President
Jake.Robison@inizioevoke.com


FAQ

What did Aligos (ALGS) announce about the Phase 2 B-SUPREME interim analysis on April 14, 2026?

The DSMB recommended increasing the HBeAg- cohort to 100 participants and futility criteria were not met. According to the company, safety review across 174 participants showed study drugs were well tolerated and no viral breakthrough related to study drugs was observed.

How does the FDA Fast Track designation affect pevifoscorvir sodium (ALGS)?

Fast Track designation enables more frequent FDA interactions and potential expedited pathways. According to the company, this may permit Rolling Review, Accelerated Approval, or Priority Review if relevant criteria are met during development.

When does Aligos expect to complete enrollment and report topline B-SUPREME data for ALGS?

Aligos expects HBeAg- cohort enrollment completion in 2H 2026, with topline data on track for 2027. According to the company, current enrollment is 74 in HBeAg- and 103 in HBeAg+ cohorts.

What were the safety findings from the B-SUPREME interim analysis for pevifoscorvir sodium (ALGS)?

The interim safety review found no clinically concerning labs, exams, vitals, or ECG abnormalities and no viral breakthrough. According to the company, study drugs were well tolerated across the participants reviewed at interim.

How will increasing the Part 2a sample size to 100 affect the Phase 2 B-SUPREME study for ALGS?

Increasing Part 2a to 100 participants aims to optimize statistical power for the primary endpoint. According to the company, this change follows a pre-specified sample size re-estimation recommended by the DSMB after interim review.