Welcome to our dedicated page for Biovie news (Ticker: BIVI), a resource for investors and traders seeking the latest updates and insights on Biovie stock.
BioVie Inc. (NASDAQ: BIVI) generates news primarily through its clinical development programs in neurological and neurodegenerative disorders and advanced liver disease. Company announcements frequently highlight progress with its lead candidate bezisterim (NE3107) in Alzheimer’s disease, Parkinson’s disease and long COVID, as well as developments in its BIV201 program for complications of advanced liver cirrhosis.
Recent news releases have described milestones in the SUNRISE-PD Phase 2 trial in early Parkinson’s disease, including the use of a hybrid, decentralized design that allows participants to complete visits at home or in clinics, and the completion of enrollment in that study. BioVie also issues updates on scientific presentations at international conferences, where it has discussed bezisterim’s potential effects on biological aging markers, DNA methylation patterns, inflammatory gene expression, and metabolic and inflammatory biomarkers in Alzheimer’s disease.
In long COVID, BioVie’s news flow includes coverage of the ADDRESS-LC Phase 2 trial, which is enrolling adults with fatigue and cognitive impairment associated with long COVID and is fully funded by a U.S. Department of Defense grant. Press releases describe the trial’s enrichment strategy, objective cognitive endpoints, and the rationale for targeting neuroinflammation and insulin resistance in this condition.
BioVie also reports on capital markets and corporate events, such as underwritten public offerings of units consisting of common stock (or pre-funded warrants) and warrants, the listing of its warrants under the symbol BIVIW, and investor webinars featuring management discussing clinical data and program updates. Regulatory and governance news, including reverse stock split implementation, proxy statements, and board appointments, is disclosed through SEC filings and related communications.
Investors and observers following BIVI news can expect updates on clinical trial enrollment and topline data timing, scientific presentations, financing transactions, and corporate governance actions, all of which are documented in the company’s press releases and regulatory filings.
BioVie Inc. (NASDAQ: BIVI) announces amendments to the acquisition of NeurMedix, Inc., focusing on therapeutic assets for neurodegenerative disorders. The upfront payment remains at 8,361,308 shares and $3 million in cash. Key changes include a cap on contingent stock payments at 18 million shares down from $3 billion. Additional cash payments of $7.3 million hinge on clinical trial milestones. The deal is projected to close by June 2021, with a Phase 3 trial for Alzheimer’s expected to start shortly.
BioVie Inc. (NASDAQ: BIVI), a clinical-stage biopharmaceutical company, announced CEO Cuong Do's participation at the B. Riley Securities’ Neuroscience Conference on April 28, 2021, at 3:00 PM ET. He will present BioVie’s acquisition plans for NeurMedix's assets, focusing on Alzheimer's and Parkinson's treatments. Additionally, a KOL Discussion will feature leading experts on neuroinflammation in Alzheimer's on April 29. BioVie is advancing drug candidate NE3107, targeting Alzheimer’s, and BIV201 for ascites treatment, with clinical trials underway.
BioVie Inc. (NASDAQ: BIVI) announced the acquisition of NeurMedix's biopharmaceutical assets, including its lead drug candidate NE3107, aimed at treating neurodegenerative diseases. The deal involves $3 million in cash, over $7 million contingent on clinical success, and 8.36 million shares. This acquisition expands BioVie’s pipeline into critical areas like Alzheimer’s and Parkinson’s Disease. Cuong V. Do has been appointed CEO to lead this transition, bringing extensive industry experience. The pivotal Phase 3 trial for NE3107 is scheduled to begin mid-2021.
BioVie Inc. (NASDAQ: BIVI) announced its participation in the 31st Annual Oppenheimer Healthcare Conference, with a presentation scheduled for March 18, 2021, at 8:40 AM ET. CEO Terren Peizer and COO Jonathan Adams will discuss the company’s lead candidate, BIV201, a treatment for ascites due to advanced liver cirrhosis. BIV201 is an Orphan drug candidate, with plans to initiate a second Phase 2 clinical trial in early 2021. BioVie has secured FDA clearance for a novel injection delivery system for BIV201, enhancing patient compliance and simplifying administration.
BioVie Inc. (NASDAQ: BIVI) has initiated patient screening for its Phase 2 Trial of BIV201, a continuous infusion of terlipressin, targeting refractory ascites, a serious liver disease complication. The trial is set to evaluate BIV201's efficacy alongside standard-of-care in patients, with primary endpoints including the incidence of severe complications and changes in cumulative ascites over 12 weeks. With no FDA-approved treatments for ascites, the study aims to address a critical unmet medical need, potentially leading to significant market opportunities.
BioVie Inc. (NASDAQ: BIVI) announced that CEO Terren Peizer will be interviewed on The RedChip Money Report® airing February 20. The discussion focuses on BIV201, an orphan drug candidate targeting ascites from advanced liver cirrhosis and its market potential. The company is preparing for patient enrollment in its upcoming Phase 2 clinical trial and highlights its novel delivery system for BIV201. The FDA has granted Orphan Drug designation and Fast Track status for BIV201, enhancing its commercial prospects.
BioVie Inc. (NASDAQ: BIVI) announced an interview with CEO Terren Peizer, airing on November 1st on The RedChip Money Report, which is broadcast in 100 million homes. The discussion focuses on BIV201, an orphan drug candidate targeting ascites due to advanced liver cirrhosis. BioVie plans to initiate its second US Phase 2 clinical trial by year-end 2020. Notably, BIV201 delivery system offers a novel prefilled syringe method that enhances patient compliance. The company has also received Orphan Drug designation for hepatorenal syndrome and FDA Fast Track status.
BioVie Inc. (NASDAQ:BIVI) is participating in B. Riley Securities’ Liver Disease Therapeutics Day 2020 on October 29, 2020, at 11:00 a.m. ET. Company executives, including Chairman & CEO Terren Peizer, will discuss the clinical development program and revenue opportunities for their Orphan Drug candidate BIV201. This therapy aims to treat ascites from advanced liver cirrhosis, with a Phase 2 trial expected to commence soon. BIV201 offers unique delivery advantages and is poised to fill a critical gap in the market, as no FDA-approved treatments currently exist for ascites.
BioVie Inc. (NASDAQ:BIVI), a clinical-stage company, announced that President & COO Jonathan Adams will present at the Oppenheimer Fall Healthcare Life Sciences & Medtech Summit on September 21, 2020, at 1:40 p.m. ET. The company is developing BIV201, an innovative therapy for ascites due to advanced liver cirrhosis. This orphan drug candidate aims to simplify treatment with a novel prefilled syringe system. Notably, BIV201 addresses a market gap as no FDA-approved treatments for ascites exist, with the potential for future indications in hepatorenal syndrome.
BioVie Inc. (NASDAQ:BIVI) announced a public offering of 1,565,200 shares at $10.00 per share, aiming to raise $15.65 million before costs. Additionally, underwriters have a 45-day option for 234,780 more shares. The offering is set to close on September 22, 2020. This funding will support clinical trials for BIV201, its candidate for liver disease and cover general corporate needs. BioVie’s stock will debut on Nasdaq on September 18, 2020.
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