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Atea Pharmaceuticals Presents Preclinical Results Supporting First-in-Class Potential of AT-587 for Treatment of Hepatitis E Virus at CROI 2026

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Atea Pharmaceuticals (Nasdaq: AVIR) presented preclinical data at CROI 2026 showing AT-587 and AT-2490 are potent in vitro inhibitors of hepatitis E virus (HEV), with AT-587 selected as the lead candidate. AT-587 and AT-2490 were 30–150-fold more potent versus sofosbuvir and ribavirin and produced high levels of active metabolite in human liver cells with no observed toxicity. Atea plans to initiate a Phase 1 clinical program mid-2026. Poster: 596; CROI Feb 22–25, 2026.

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Positive

  • Potency 30–150× versus sofosbuvir and ribavirin
  • Active metabolite detected in human liver cells
  • No observed toxicity in preclinical in vitro studies
  • Phase 1 start anticipated mid-2026

Negative

  • No human clinical data yet; efficacy and safety unproven in humans
  • Preclinical only; translation from in vitro potency to clinical benefit is uncertain

Key Figures

Potency vs comparators: 30–150-fold more potent Phase 1 timing: Mid-2026 Conference dates: February 22–25 +4 more
7 metrics
Potency vs comparators 30–150-fold more potent AT-587 and AT-2490 vs sofosbuvir and ribavirin in vitro against HEV
Phase 1 timing Mid-2026 Initiation of Phase 1 clinical program for AT-587
Conference dates February 22–25 CROI meeting dates in Denver for HEV data presentation
Poster number 596 CROI poster ID for AT-587/AT-2490 HEV preclinical data
Progression timeframe Three to five years Chronic HEV progression to cirrhosis in vulnerable patients
HEV genotypes 1–2 Genotypes 1 and 2 HEV strains prevalent in developing regions of Asia and Africa
HEV genotypes 3–4 Genotypes 3 and 4 HEV strains endemic in US and Europe

Market Reality Check

Price: $4.59 Vol: Volume 362,072 is at 0.65...
low vol
$4.59 Last Close
Volume Volume 362,072 is at 0.65x the 20-day average 557,461 ahead of this news. low
Technical Shares at 4.595 are trading above the 200-day MA of 3.37, near the 4.80 52-week high.

Peers on Argus

AVIR traded modestly lower pre-news while peers showed mixed moves: IVVD and NMR...
2 Up 1 Down

AVIR traded modestly lower pre-news while peers showed mixed moves: IVVD and NMRA were up, CADL and OMER were down, and RAPT was roughly flat. Momentum scanner also flagged IVVD and ANNX up, VNDA down, suggesting stock-specific rather than broad sector drivers.

Historical Context

5 past events · Latest: Jan 08 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 08 Strategic update Positive +3.7% Outlined 2026 strategy, cash runway and Phase 3 HCV and HEV plans.
Jan 06 Conference appearance Neutral +0.0% Announced participation at the 44th J.P. Morgan Healthcare Conference.
Dec 22 Phase 3 enrollment Positive +1.0% Completed enrollment in North American C‑BEYOND Phase 3 HCV trial.
Nov 25 Leadership change Positive +1.7% ReAlta appointed new Executive Chairman with AVIR board ties noted.
Nov 19 Conference appearance Neutral +3.3% Announced fireside chat at Evercore Healthcare Conference with webcast.
Pattern Detected

Recent AVIR news has generally seen modestly positive price alignment, especially around strategic updates and clinical progress, with one conference-related item showing stronger upside than the neutral tone would suggest.

Recent Company History

Over the past several months, AVIR has highlighted strategic and clinical execution. On Jan 8, 2026, it outlined 2026 priorities, including a global Phase 3 HCV program and selection of AT-587 for HEV, and the stock rose 3.74%. Completion of Phase 3 C‑BEYOND enrollment on Dec 22, 2025 also coincided with a gain. Conference appearances in November and January produced flat to modestly positive reactions. Today’s HEV preclinical update extends the AT-587 narrative introduced in January.

Market Pulse Summary

This announcement highlights strong preclinical activity for AT-587 and AT-2490 against hepatitis E ...
Analysis

This announcement highlights strong preclinical activity for AT-587 and AT-2490 against hepatitis E virus, reported as up to 30–150-fold more potent than existing comparators in vitro, with no toxicity observed. It builds on January’s selection of AT-587 as the HEV lead and a planned Phase 1 start by mid-2026. Investors may track clinical initiation timelines, emerging safety data, and how this HEV program complements Atea’s Phase 3 HCV efforts.

Key Terms

in vitro, cirrhosis, immunocompromised
3 terms
in vitro medical
"Results Demonstrate AT-587 To Be Highly Potent In Vitro Against Hepatitis E Virus"
In vitro describes laboratory tests performed on cells, tissues, or biological molecules outside a living body—literally “in glass,” such as in test tubes or dishes. For investors, in vitro results are an early sign that a drug or technology has a desired effect under controlled conditions, but they don’t guarantee it will work or be safe in animals or people; think of them as a prototype tested on a bench rather than in real-world use.
cirrhosis medical
"rapid progression to cirrhosis within three to five years"
Cirrhosis is long-term damage to the liver in which healthy tissue is replaced by scar tissue, leaving the organ stiff and less able to do jobs like filtering blood, making proteins and processing nutrients—think of a sponge that has been hardened and can no longer soak or squeeze properly. Investors care because cirrhosis drives demand for medicines, medical devices and hospital care, affects clinical trial populations and regulatory risk, and can influence healthcare costs, insurance liabilities and workforce productivity.
immunocompromised medical
"life-threatening viral infection in immunocompromised individuals — a population that includes"
A person who is immunocompromised has a weakened ability to fight infections because their body’s natural defense system is reduced or impaired, like a building with a compromised security system. For investors, this matters because treatments, vaccines, and medical products for immunocompromised patients can drive specialized drug demand, alter clinical trial design and regulatory pathways, and affect market size, pricing and long‑term revenue potential.

AI-generated analysis. Not financial advice.

Results Demonstrate AT-587 To Be Highly Potent In Vitro Against Hepatitis E Virus 

Initiation of Phase 1 Clinical Program Anticipated Mid-2026

BOSTON, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Atea Pharmaceuticals, Inc. (Nasdaq: AVIR) (Atea or Company), a late-stage clinical biopharmaceutical company engaged in the discovery and development of oral antiviral therapeutics for serious viral diseases, today announced in vitro results showing that two proprietary oral nucleotide analogs, AT-587 and AT-2490, exhibit promising antiviral profiles as potential first-in-class inhibitors for the treatment of Hepatitis E virus (HEV) infection, a positive-sense, single-stranded RNA virus that primarily infects liver cells. These results were presented at the Conference on Retroviruses and Opportunistic Infections (CROI), taking place February 22-25 in Denver, Colorado.

In vitro studies demonstrated that AT-587 and AT-2490 were potent inhibitors of HEV replication. AT-587 and AT-2490 were 30-150-fold more potent against HEV compared to sofosbuvir and ribavirin. Analyses showed the two compounds were also active against other viruses, including all flaviviruses tested, rubella and chikungunya. Antiviral activity of AT-587 and AT-2490 in the tissue of interest -- human liver cells -- was indicated by the formation of high amounts of active metabolite of each compound. Neither compound showed any toxicity.

In January, Atea announced the selection of AT-587 as the lead product candidate for the HEV clinical program and plans to initiate a Phase 1 program mid-year.

“We are excited to share these preclinical results at CROI showing the potent activity and promising in vitro safety profiles of AT-2490 and AT-587, our HEV product candidate. These results underscore the potential of AT-587 as a first-in-class direct acting antiviral for HEV,” said Jean-Pierre Sommadossi, PhD, Chief Executive Officer and Founder of Atea. “With no antivirals currently marketed for HEV, AT-587 has the potential to address a significant unmet need for a treatment option for patients with chronic HEV infection who are immunocompromised or at high risk for rapid progression to cirrhosis. We look forward to advancing AT-587 to a Phase 1 program mid-year.”

HEV, the causative agent of hepatitis E, is a significant public health concern in developing regions of Asia and Africa (genotypes 1 and 2) and is also endemic in industrialized countries, including the US and Europe, where genotypes 3 and 4 predominate. In recent years, chronic HEV genotype 3 and 4 infections have been increasingly recognized as a potentially life-threatening viral infection in immunocompromised individuals — a population that includes solid-organ and hematopoietic stem-cell transplant recipients, and patients with hematologic malignancies or pre-existing liver disease. In these vulnerable populations, chronic HEV can result in rapid progression to cirrhosis within three to five years. There is currently no approved antiviral therapy for HEV, and current off-label treatments have limited efficacy and tolerability, underscoring a clear and urgent unmet medical need.

More information about the CROI presentation is below:

Poster Number: 596
Title: Discovery and Preclinical Profiles of Potent Pan-Genotypic Hepatitis E Virus Inhibitors
Poster Session: (I-01) Beyond the C: Hepatitis D, B, and E
Lead Author: Qi Huang, PhD

About HEV

HEV is a positive-sense, single-stranded RNA virus which infects the liver and remains an under-recognized global health challenge with an estimated 20 million infections annually. While typically self-limiting in healthy individuals, HEV can cause chronic disease in those with compromised immunity, including solid organ and stem cell transplant recipients, people living with HIV, and those with hematologic or rheumatic conditions, often progressing rapidly to cirrhosis. HEV genotypes 1 and 2 drive waterborne, acute epidemics in developing regions, whereas genotypes 3 and 4 predominate in high-income countries with expanding at-risk populations through zoonotic, foodborne transmission that can lead to chronic infection. Despite this burden, no antiviral therapy is approved for the treatment of HEV, and current off-label treatments have limited efficacy and tolerability. Atea’s initial HEV clinical efforts will focus on developing AT-587 for the treatment of immunocompromised patients with chronic HEV genotype 3 and 4 infections.

About Atea Pharmaceuticals

Atea is a late-stage clinical biopharmaceutical company focused on discovering, developing and commercializing oral antiviral therapies to address the unmet medical needs of patients with serious viral infections. Leveraging Atea’s deep understanding of antiviral drug development, nucleos(t)ide chemistry, biology, biochemistry and virology, Atea has built a proprietary nucleos(t)ide prodrug platform to develop novel product candidates to treat single stranded ribonucleic acid, or ssRNA, viruses, which are a prevalent cause of serious viral diseases. Atea plans to continue to build its pipeline of antiviral product candidates by augmenting its nucleos(t)ide platform with other classes of antivirals that may be used in combination with its nucleos(t)ide product candidates. Atea’s Phase 3 program is evaluating the regimen of bemnifosbuvir, a nucleotide analog polymerase inhibitor, and ruzasvir, an NS5A inhibitor, to treat HCV. Atea anticipates advancing AT-587, a nucleotide analog, into Phase 1 for the treatment of HEV. For more information, please visit www.ateapharma.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include but are not limited to statements regarding the potential development of AT-587 for the treatment of HEV and anticipated milestone events and timelines for initiation of the HEV Phase 1 program. When used herein, words including “expected,” “should,” “anticipated,” “believe,” “will,” “plans”, and similar expressions are intended to identify forward-looking statements. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking. All forward-looking statements are based upon Atea’s current expectations and various assumptions. Atea believes there is a reasonable basis for its expectations and beliefs, but they are inherently uncertain. Atea may not realize its expectations, and its beliefs may not prove correct. Actual results could differ materially from those described or implied by such forward-looking statements as a result of various important factors, including, without limitation, uncertainties inherent in the drug discovery and development process and the regulatory submission or approval process, unexpected or unfavorable safety or efficacy data or results observed during preclinical development, clinical trials or in data readouts; delays in or disruptions to clinical trials or our business; our reliance on third parties over which we may not always have full control; our ability to manufacture sufficient clinical supply and commercial product; as well as the other important factors discussed under the caption “Risk Factors” in Atea’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025 as such factors may be updated from time to time in its other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While Atea may elect to update such forward-looking statements at some point in the future, except as required by law, it disclaims any obligation to do so, even if subsequent events cause our views to change. These forward-looking statements should not be relied upon as representing Atea’s views as of any date subsequent to the date of this press release.

Contacts

Jonae Barnes
SVP, Investor Relations and Corporate Communications
617-818-2985
Barnes.jonae@ateapharma.com

Joyce Allaire
LifeSci Advisors
jallaire@lifesciadvisors.com


FAQ

What did Atea (AVIR) announce about AT-587 at CROI 2026?

AT-587 showed potent in vitro activity and was chosen as the HEV lead candidate. According to the company, AT-587 and AT-2490 were 30–150-fold more potent than sofosbuvir and ribavirin and generated high active metabolite levels in human liver cells without observed toxicity.

When does Atea (AVIR) plan to start Phase 1 testing for AT-587?

Atea plans to initiate a Phase 1 program for AT-587 mid-2026. According to the company, this follows selection of AT-587 as lead for the HEV program after the presented preclinical results at CROI 2026.

How did AT-587 perform versus existing HEV treatments in preclinical tests?

AT-587 outperformed sofosbuvir and ribavirin in vitro by 30–150-fold. According to the company, these comparisons reflect antiviral potency in cell assays, not clinical efficacy in patients.

Did Atea report any safety concerns for AT-587 in the CROI 2026 presentation?

No preclinical toxicity was observed for AT-587 or AT-2490 in the reported studies. According to the company, both compounds showed no toxicity in the in vitro assays alongside strong antiviral activity.

Is there an approved antiviral for hepatitis E (HEV) today?

There is currently no approved antiviral therapy for HEV. According to the company, off-label options have limited efficacy and tolerability, highlighting an unmet medical need for immunocompromised patients at risk of rapid progression.

What evidence supports AT-587 acting in the liver, the tissue of interest for HEV?

AT-587 produced high amounts of its active metabolite in human liver cells in vitro. According to the company, this indicates target-tissue activation consistent with its proposed oral nucleotide analog mechanism.
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