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BioVie to Host Conference Call to Discuss Topline Data from Phase 2 ADDRESS-LC Trial and the Potential of Bezisterim in Long Covid

BioVie is offering investors and patients a live briefing on Phase 2 Long Covid topline data for bezisterim, with Q&A and replay access.

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BioVie (BIVI) will host a conference call and webcast on September 15, 2026 at 8:30 a.m. ET to discuss topline data from its Phase 2 ADDRESS-LC trial of investigational oral drug bezisterim in adults with Long COVID–related cognitive impairment and fatigue.

The randomized, placebo-controlled, multicenter proof‑of‑concept study evaluates efficacy, safety and tolerability across 22 clinical outcome measures, including cognitive function, fatigue, sleep disturbance, Quality of Life and post‑exertional malaise. Guest speakers include investigator Michael Peluso, MD, MHS, and Long COVID patient advocate Ezra Spier, followed by a live Q&A with BioVie management. A replay will be available on the company’s website.

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Key Figures

Conference Call: September 15, 2026 at 8:30 a.m. ET Trial Phase: Phase 2 Enrollment: approximately 200 patients +3 more
Conference Call
September 15, 2026 at 8:30 a.m. ET
Scheduled discussion of ADDRESS-LC topline results
Trial Phase
Phase 2
ADDRESS-LC Long COVID trial
Enrollment
approximately 200 patients
ADDRESS-LC trial
Dose
20 mg twice daily
Bezisterim oral capsule versus placebo
Clinical Outcome Measures
22
No single endpoint was prespecified as the primary determinant of success
Department of War Award
$13.13 million
Fully funded award supporting the ADDRESS-LC study

Key Terms

blood-brain barrier, proof-of-concept, placebo-controlled, post-exertional malaise, +1 more
5 terms
blood-brain barrier medical
"an oral drug that crosses the blood-brain barrier"
A protective barrier of tightly packed cells and supporting tissue that controls what substances in the blood can enter the brain, acting like a security checkpoint that keeps out most pathogens and many drugs while allowing essential nutrients through. For investors, the barrier matters because whether a therapy can cross or safely bypass it often determines clinical success, regulatory approval and commercial potential for treatments of brain disorders.
proof-of-concept medical
"signal-finding proof-of-concept, multicenter trial"
A proof-of-concept is a demonstration that shows a new idea or method can work as intended, serving as a small-scale test before full development. For investors, it signals that a concept has been successfully tested in principle, reducing uncertainty about whether it can be practically implemented. This helps determine if further investment or effort is justified to develop the idea further.
placebo-controlled medical
"a randomized (1:1), placebo-controlled, signal-finding"
"Placebo-controlled" describes a testing method where one group receives the actual treatment or intervention, while another group receives a harmless, inactive version called a placebo. This approach helps determine whether the real treatment has genuine effects beyond psychological expectations. For investors, understanding this ensures confidence that reported benefits are real and not influenced by bias or false perceptions.
post-exertional malaise medical
"fatigue, sleep disturbance, Quality of Life and PEM"
Post-exertional malaise is a medical symptom where a person’s physical and/or mental symptoms significantly worsen after even mild activity, often with a delayed onset and recovery that can last days or weeks — like a battery that drains quickly and recharges very slowly. For investors this matters because it shapes clinical trial design, treatment goals, regulatory assessments and real-world demand for therapies or support services, influencing the commercial prospects of medical products.
nfκb medical
"neuroinflammation (ERK, NFκB, TNFα)"
nfκb is a protein complex that acts like a master switch inside cells, turning on genes that drive inflammation, immune responses and cell survival when the body senses stress or infection. Investors care because many therapies, diagnostics and safety assessments target or measure this switch; changes in nfκb activity can indicate potential drug opportunities, predict side‑effect risks, or serve as a biomarker that affects a drug candidate’s development value.

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Conference call scheduled for Tuesday, September 15, 2026, at 8:30 a.m. Eastern Time (ET)

CARSON CITY, Nev., Sept. 14, 2026 (GLOBE NEWSWIRE) -- BioVie Inc. (NASDAQ: BIVI) ("BioVie" or the "Company"), a clinical-stage company developing innovative drug therapies for neurological and neurodegenerative diseases, today announced that the Company will host a conference call and webcast on Tuesday, September 15, 2026 at 8:30am ET to discuss topline results from its Phase 2 ADDRESS-LC trial (NCT06847191) evaluating its investigational drug candidate bezisterim, an oral drug that crosses the blood-brain barrier and is believed to reduce inflammation and improve insulin sensitivity, in Long COVID.

Michael Peluso, MD, MHS, Associate Professor of Medicine, University of California, San Francisco, and an investigator in the trial, and Ezra Spier, Long COVID patient advocate and a patient advisor on the ADDRESS-LC trial, will be guest speakers at the event. A live Q&A session with management will follow the presentation.

Registration Details

Date:                   September 15, 2026
Time:                   8:30am ET
Registration:        Click here

A replay will be available on the BioVie website following the event.

About the ADDRESS-LC trial

The Phase 2 ADDRESS-LC study (NCT06847191), which is fully funded by a grant from the U.S. Department of War (DoW), is a randomized (1:1), placebo-controlled, signal-finding proof-of-concept, multicenter trial evaluating the efficacy, safety and tolerability of bezisterim in adult participants with Long COVID who have cognitive impairment sequelae and fatigue. The study compared bezisterim, administered as a 20 mg oral capsule twice daily, with a matching placebo to assess its effects on neurocognitive and fatigue-related symptoms. The trial evaluated 22 clinical outcome measures, with no single endpoint pre-specified as the primary determinant of study success. Endpoints include assessing changes in overall clinical benefit, subjective and objective cognitive function, fatigue, sleep disturbance, Quality of Life and PEM. As a signal-finding study, the trial was designed to identify efficacy signals, measure treatment effect magnitude, and identify patient subgroups most likely to benefit, to inform the design of future Phase 3 trials.

About Bezisterim

Bezisterim (NE3107) is an investigational oral drug that crosses the blood-brain barrier and works to reduce inflammation and improve insulin sensitivity without suppressing the immune system and with a low risk of drug-drug interactions. By modulating key pathways involved in neuroinflammation (ERK, NFκB, TNFα), bezisterim may have therapeutic potential in several disease indications, including Parkinson’s disease (PD), Long COVID (LC), and Alzheimer’s disease (AD).

In PD, BioVie completed the SUNRISE-PD trial, which enrolled 57 patients to establish proof of mechanism and proof of concept in individuals with early-stage disease who had not previously been treated with carbidopa/levodopa. Topline results showed that patients treated with bezisterim experienced improvements with blood-based markers of inflammation, as well as a broad range of biomarkers associated with cellular health and neuronal integrity. Clinically, patients treated with bezisterim demonstrated greater improvements than those receiving placebo across multiple measures of daily functioning, motor symptoms, and non-motor symptoms.

For LC, the ADDRESS-LC trial enrolled approximately 200 patients to evaluate whether bezisterim may help reduce brain fog, fatigue, and other lingering neurological symptoms associated with LC. The hypothesis being studied is that these symptoms may be triggered by persistent circulation of spike protein fragments that trigger inflammation via NFκB activation (which bezisterim has been shown to modulate).

In AD, BioVie has conducted Phase 2 and Phase 3 trials. Preliminary data from these trials suggest improvements in cognition and biomarkers, supporting further trials to evaluate its potential as a therapy for the six million Americans living with AD.

Terms of the U.S. Department of War (DoW) Award

The work is supported by the Assistant Secretary of War for Health Affairs and endorsed by the DoW by a fully funded award in the amount of $13.13 million through the Peer-Reviewed Medical Research Program (PRMRP) under Award No. HT9425-24-1-0113. Opinions, interpretations, conclusions and recommendations in this press release are those of the author and are not necessarily endorsed by the Assistant Secretary of Defense for Health Affairs or the DoW.

About BioVie Inc.

BioVie Inc. (NASDAQ: BIVI) is a clinical-stage biopharmaceutical company focused on developing therapies for neurological disorders and advanced liver disease. Its lead investigational drug candidate, bezisterim (NE3107), targets neuroinflammation and insulin resistance, which are believed to be key drivers of Alzheimer’s and Parkinson’s disease. Bezisterim is also being studied for Long COVID, where persistent inflammation is thought to underlie symptoms such as brain fog and fatigue.

In liver disease, BioVie is advancing BIV201, a continuous infusion of terlipressin treatment that has received FDA Orphan and Fast Track designations. The active agent is approved in the U.S. and in about 40 countries for related complications of advanced liver cirrhosis, and the Company plans to study BIV201 in a Phase 3 trial for the reduction of further decompensation in patients with cirrhosis and ascites. For more information, visit www.bioviepharma.com.

Forward-Looking Statements

This press release contains forward-looking statements, which may be identified by words such as "expect," "look forward to," "anticipate," "intend," "plan," "believe," "seek," "estimate," "will," "project," "potential," "may," or words of similar meaning. Forward-looking statements in this release include, but are not limited to, statements regarding: the potential for bezisterim to address unmet clinical needs in Long COVID and Parkinson’s disease; the design and conduct of future clinical trials, including a potentially pivotal Phase 3 trial; the potential clinical significance of subgroup analyses and biomarker observations; and the Company’s ability to advance bezisterim through clinical development. The clinical endpoints reported in this release are exploratory in nature. The Phase 2 ADDRESS-LC trial did not achieve statistical significance on any endpoint in the overall intent-to-treat population; statistically significant results were observed only in pre-specified subgroup analyses. Subgroup analyses are hypothesis-generating and may not be replicated in future trials. Changes in biomarkers may not correlate with clinical benefit or support regulatory approval. The FDA has not validated these endpoints as surrogate endpoints for Long COVID. Although BioVie Inc. believes such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Actual results may vary materially from those expressed or implied by the statements herein due to risks related to the early stage of development of bezisterim and other product candidates, the possibility that results observed in this Phase 2 study of 203 patients may not be replicated in larger or longer-duration trials, the exploratory nature of subgroup analyses, the Company's ability to successfully raise sufficient capital on reasonable terms or at all, available cash on hand and contractual and statutory limitations that could impair our ability to pay future dividends, our ability to complete our pre-clinical or clinical studies and to obtain approval for our product candidates, the possibility that clinical trial results may not be indicative of results in subsequent or larger trials, our ability to successfully defend potential future litigation, changes in local or national economic conditions as well as various additional risks, many of which are now unknown and generally out of the Company's control, and which are detailed from time to time in reports filed by the Company with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K. BioVie Inc. does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law.

For Investor Relations Inquiries:
        
Contact:
Chuck Padala
Managing Director, LifeSci Advisors, LLC
chuck@lifesciadvisors.com

For Media Inquiries:
        
Contact:
Melyssa Weible
Managing Partner, Elixir Health Public Relations
mweible@elixirhealthpr.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How can interested participants access BioVie’s ADDRESS-LC topline data conference call?

Registration is available via the stated registration link (“Click here”) for the live conference call and webcast on September 15, 2026 at 8:30 a.m. ET. A replay of the event will be available on BioVie’s website after the call.

What is the design focus of the Phase 2 ADDRESS-LC trial of bezisterim?

ADDRESS-LC is a randomized 1:1, placebo-controlled, multicenter Phase 2 signal‑finding trial in adults with Long COVID who have cognitive impairment sequelae and fatigue. It compares bezisterim 20 mg oral capsules taken twice daily with placebo across 22 outcome measures, including overall clinical benefit, subjective and objective cognitive function, fatigue, sleep disturbance, Quality of Life and post‑exertional malaise, to identify efficacy signals and patient subgroups for future Phase 3 trials.

Who is funding the ADDRESS-LC study and for what amount?

The ADDRESS-LC trial is fully funded by a U.S. Department of War award through the Peer‑Reviewed Medical Research Program in the amount of $13.13 million under Award No. HT9425-24-1-0113. The press release notes that opinions and conclusions expressed are those of the author and are not necessarily endorsed by the Assistant Secretary of Defense for Health Affairs or the Department of War.

What is bezisterim and which conditions is it being studied for?

Bezisterim (NE3107) is an investigational oral drug that crosses the blood‑brain barrier and is described as working to reduce inflammation and improve insulin sensitivity without suppressing the immune system and with a low risk of drug‑drug interactions. By modulating pathways such as ERK, NFκB and TNFα, it is being studied for potential use in Parkinson’s disease, Long COVID and Alzheimer’s disease.

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