STOCK TITAN

Data Supporting Differentiated Profile of Deucrictibant in HAE Management Presented at EAACI 2026

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags

Pharvaris (Nasdaq: PHVS) reported new EAACI 2026 data on oral deucrictibant for hereditary angioedema (HAE). Phase 3 RAPIDe-3 showed median 1.28 hours to symptom relief and 11.95 hours to complete resolution versus over 12 and 48 hours with placebo, and a median 17.47 minutes to End of Progression™ versus 228.67 minutes.

In Phase 2 CHAPTER-1 long-term prophylaxis, attack rates fell by ~92% on average and about half of participants were attack-free. An integrated analysis in ~570 participants showed a favorable cardiovascular safety profile, and a validated kinin biomarker assay may help differentiate bradykinin-mediated angioedema.

Loading...
Loading translation...

AI-generated analysis. Not financial advice.

Positive

  • None.

Negative

  • None.

News Market Reaction – PHVS

+2.67%
1 alert
+2.67% News Effect

On the day this news was published, PHVS gained 2.67%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

RAPIDe-3 dose: 20 mg Symptom relief time: 1.28 hours vs >12 hours Attack resolution time: 11.95 hours vs >48 hours +5 more
8 metrics
RAPIDe-3 dose 20 mg Deucrictibant immediate-release capsule dose in Phase 3 RAPIDe-3
Symptom relief time 1.28 hours vs >12 hours Median time to onset of symptom relief, deucrictibant vs placebo in RAPIDe-3
Attack resolution time 11.95 hours vs >48 hours Median time to complete resolution, deucrictibant vs placebo in RAPIDe-3
Single-capsule attacks 83.0% Deucrictibant-treated attacks managed with a single capsule in RAPIDe-3
End of Progression time 17.47 vs 228.67 minutes Median time to EoP, deucrictibant vs placebo in RAPIDe-3
EoP within 12 hours 92.8% vs 60.9% Attacks achieving EoP within 12 hours, deucrictibant vs placebo
Attack rate reduction ~92% Average reduction in HAE attack frequency from baseline in CHAPTER-1 OLE
Cardiovascular dataset size ~570 participants Unique deucrictibant-treated participants in integrated CV safety analysis

Peers on Argus

PHVS is down 4.6% while peers show mixed, mostly smaller moves (e.g., ARDX -1.9%...

PHVS is down 4.6% while peers show mixed, mostly smaller moves (e.g., ARDX -1.9%, MNKD -2.4%, EWTX +2.56%), pointing to a stock-specific reaction.

Historical Context

5 past events · Latest: Jun 11 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jun 11 Annual meeting notice Neutral +2.2% Announcement of annual general meeting and related shareholder materials.
May 29 Clinical data preview Positive +1.0% Plan to present multiple deucrictibant clinical datasets at EAACI 2026.
May 12 Earnings and pipeline Positive +5.4% Q1 2026 results, cash position and timelines for key HAE Phase 3 readouts.
May 11 Equity offering closed Negative +4.3% Closing of $132.3M underwritten offering of ordinary shares.
May 08 Equity offering priced Negative +1.4% Pricing of $115M underwritten share offering at $29.68 per share.
Pattern Detected

Recent news and financing events have generally seen positive price reactions, and even capital raises were followed by gains, indicating constructive sentiment toward the HAE program.

Recent Company History

Over the past months, PHVS has combined corporate housekeeping, capital raising, and pipeline progress. An annual meeting announcement on Jun 26, 2026 and EAACI presentation plans for deucrictibant both saw modest gains. Q1 2026 results highlighted €247M cash plus a $132.3M offering to extend runway and advance Phase 3 HAE programs, which was followed by a stronger move. Two May underwritten offerings at prices around $29.68 also produced positive next-day reactions, underscoring market support for funding the late-stage HAE strategy.

Regulatory & Risk Context

Short Interest: 1.63%
Short Interest
1.63% of shares outstanding
as of 2026-05-29 Days to cover: 2.62

Market Pulse Summary

This announcement consolidates extensive efficacy, safety, and quality-of-life data for deucrictiban...
Analysis

This announcement consolidates extensive efficacy, safety, and quality-of-life data for deucrictibant across on-demand and prophylactic HAE settings. RAPIDe-3 showed rapid symptom control, while CHAPTER-1 extension data indicated durable attack reduction and improved HRQoL, supported by an integrated cardiovascular safety analysis in ~570 participants. Recent history also features strengthened cash resources and advancing Phase 3 programs. Investors may watch how these results feed into regulatory filings, long-term safety follow-up, and future Phase 3 readouts.

Key Terms

phase 3, placebo-controlled, end of progression, open-label extension, +4 more
8 terms
phase 3 medical
"Results from prespecified assessment of End of Progression™ in the RAPIDe-3 Phase 3 study"
Phase 3 is the late-stage clinical testing step for a new drug or medical treatment, where the product is given to large groups of patients to confirm effectiveness, monitor side effects, and compare it to standard care. Successful Phase 3 results are often the final scientific hurdle before regulators decide on approval and market launch—like passing a final exam before graduation—and can sharply change a company's valuation and future revenue prospects.
placebo-controlled medical
"The RAPIDe-3 global Phase 3, placebo-controlled study (NCT06343779) evaluated orally administered deucrictibant"
"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.
end of progression medical
"End of Progression™ (EoP), a clinically meaningful measure of early treatment response"
An 'end of progression' is the point when a disease or medical condition stops getting worse under a given treatment, meaning the patient’s symptoms or measurable disease indicators no longer advance. For investors, this outcome signals that a therapy may be effective at halting deterioration—like a brake that stops a car from rolling downhill—and can influence trial success, regulatory decisions, future sales potential and the perceived value of a medical product.
open-label extension medical
"Phase 2 CHAPTER-1 Open-Label Extension Study on the Long-Term Safety and Efficacy"
An open-label extension is a continuation of a clinical trial where all participants and researchers know which treatment is being given, often after an initial blinded phase. It allows further study of a drug's long-term safety and effectiveness. For investors, it can indicate ongoing interest and confidence in a product's potential, influencing perceptions of its future value.
qt prolongation medical
"no evidence of QT prolongation or clinically meaningful cardiac risks observed"
QT prolongation is a lengthening of a specific interval on the heart’s electrical tracing that means the heart takes longer than normal to reset between beats; if severe, it can trigger dangerous irregular rhythms. Investors watch it because drugs or devices that cause QT prolongation face higher safety concerns, regulatory scrutiny, label warnings or restrictions, and potential sales and legal impacts—think of it as a product flaw that can stop or slow market adoption.
kallikrein-kinin system medical
"critical consideration in development of therapeutics impacting the kallikrein-kinin system"
A network of proteins and enzymes in blood and tissues that controls inflammation, blood vessel tone, fluid balance and pain signals; key players include enzymes called kallikreins and small signaling molecules called kinins (for example, bradykinin). It matters to investors because drugs or diagnostics that modulate this system can create new treatments or safety risks, influencing clinical trial outcomes, regulatory decisions and the commercial value of healthcare companies—think of it as the body’s plumbing and alarm system that drugmakers try to tweak.
biomarker assay medical
"Clinically Validated Kinin Biomarker Assay to Differentiate Bradykinin-Mediated from Mast Cell-Mediated Angioedema"
A biomarker assay is a laboratory test that measures specific biological signals—like proteins, genes, or small molecules—that indicate disease presence, treatment effect, or how a body responds to a drug. For investors, these tests are important because they help show whether a therapy is working, support regulatory approval or diagnostic use, and can create new products or revenue streams much like a reliable sensor that guides decisions in development and clinical care.

AI-generated analysis. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
  • Results from prespecified assessment of End of Progression™ in the RAPIDe-3 Phase 3 study and clinical relevance of this newly-defined endpoint detailed in an oral presentation
  • Evidence on the cardiovascular safety profile of deucrictibant in clinical studies to date presented

ZUG, Switzerland, June 15, 2026 (GLOBE NEWSWIRE) -- Pharvaris (Nasdaq: PHVS), a late-stage biopharmaceutical company developing oral bradykinin B2 receptor antagonists to help address unmet needs of those living with bradykinin-mediated angioedema, such as hereditary angioedema (HAE) and acquired angioedema due to C1 inhibitor deficiency (AAE-C1INH), summarized the presentations from the European Academy of Allergy and Clinical Immunology (EAACI) Annual Congress 2026, which took place from June 12-15, 2026, in Istanbul, Turkey.

“The data presented at EAACI continue to provide evidence supporting a potentially differentiated profile of deucrictibant in both the on-demand setting and the prophylactic setting,” said Berndt Modig, Chief Executive Officer of Pharvaris. “Pharvaris’ commitment to developing therapies that can meaningfully improve standard of care remains at the forefront of our work. We were pleased to be amongst those who contributed to the AURORA international consensus and are proud to have sponsored the first-ever on-demand HAE clinical study that assessed EoP as a prespecified efficacy endpoint.”

Peng Lu, M.D., Ph.D., President of Pharvaris, added, “The compelling topline efficacy data from RAPIDe-3, combined with the high proportion of attacks treated with a single capsule of deucrictibant, underscore the potential for deucrictibant to address unmet needs in the on-demand treatment setting. Additionally, in the prophylactic treatment setting, deucrictibant’s rapid and durable prevention of HAE attacks, well-tolerated profile, and sustained improvement in disease control and HRQoL reflect the potential for its broader positive impact as an effective and well-tolerated prophylactic treatment for HAE attacks.”

Details of the presentations are outlined below:
On-Demand Therapy
Oral Deucrictibant Immediate-Release Capsule for On-Demand Treatment of Hereditary Angioedema Attacks: Results of the Phase 3 RAPIDe-3 Trial was presented by Philip H. Li, M.D., FRCP. The RAPIDe-3 global Phase 3, placebo-controlled study (NCT06343779) evaluated orally administered deucrictibant immediate-release capsule (20 mg) for the on-demand treatment of attacks in participants 12 years and older with HAE, including those with HAE with normal C1 inhibitor. Results from RAPIDe-3 demonstrated the rapid and sustained efficacy of deucrictibant in treating HAE attacks. The median time to onset of symptom relief was 1.28 hours with deucrictibant treatment versus over 12 hours with placebo. The median time to complete resolution of attack symptoms was 11.95 hours with deucrictibant treatment versus over 48 hours with placebo. Importantly, the majority of deucrictibant-treated attacks achieved the efficacy endpoints with a single capsule. 83.0% of deucrictibant-treated attacks were treated with a single capsule of deucrictibant and 93.2% did not require conventional treatment as rescue medication. Deucrictibant was well tolerated with no treatment-related serious adverse events and no participants discontinuing treatment due to treatment-emergent adverse events.

Oral Deucrictibant Immediate-Release Capsule for On-Demand Treatment of Hereditary Angioedema Attacks: End of Progression Results in the Phase 3 RAPIDe-3 Trial was presented as an oral presentation by Mauro Cancian, M.D., Ph.D. RAPIDe-3 is the first and only study to date to have assessed End of Progression™ (EoP), a clinically meaningful measure of early treatment response defined as the earliest timepoint at which symptoms stop worsening, as a prespecified endpoint. Treatment with deucrictibant resulted in a median time to EoP of 17.47 minutes, compared with 228.67 minutes with placebo, and EoP was achieved within 12 hours in 92.8% of deucrictibant-treated attacks versus 60.9% of attacks treated with placebo. The majority of attacks achieving EoP reached this endpoint with a single capsule (97.4%) of oral deucrictibant.

RAPIDe-3 Patient Voices: Qualitative Insights from the Phase 3 Study of Oral Deucrictibant for On-Demand Treatment of Hereditary Angioedema Attacks was presented by Anna Valerieva, M.D., Ph.D. Qualitative in-trial interviews conducted with participants during the RAPIDe-3 study captured high-quality patient experience data, including insights into the experiences of people living with HAE related to their attacks and associated health-related quality of life (HRQoL) impacts. Overall, participants reported experiencing eight negatively impacted HRQoL domains with HAE attacks during the study; the most frequently reported were fatigue, emotional wellbeing, and activities of daily living. Despite using effective and well-tolerated HAE treatments in the past, 45.7% of participants reported that deucrictibant-treated attacks had improved treatment experience in day-to-day life compared with prior attacks treated with injectable standard-of-care HAE treatments.

Combination Treatment
Evaluations of Safety Margins and Response to Deucrictibant Extended-Release (XR) Tablet in Combination with Deucrictibant Immediate-Release (IR) Capsule was presented by Anne Lesage, Ph.D. Data assessed human exposures across the anticipated dosing scenarios of deucrictibant IR in combination with deucrictibant XR and calculated the corresponding safety margins based on available clinical and nonclinical data. The analysis demonstrated that combined use of a 40 mg deucrictibant XR tablet for prophylaxis and one or two deucrictibant IR 20 mg capsule(s), in the event of a breakthrough attack while on prophylaxis, is supported by evidence of adequate safety margins.

Long-Term Prophylaxis
Results of the Phase 2 CHAPTER-1 Open-Label Extension Study on the Long-Term Safety and Efficacy of Oral Deucrictibant for Prophylaxis in Hereditary Angioedema was presented by Markus Magerl, M.D. Final data from the completed open-label extension (OLE) of the Phase 2 CHAPTER-1 (NCT05047185) study investigating oral deucrictibant demonstrated sustained efficacy and a favorable long-term safety profile, with participants treated for up to ~34 months prior to rolling over to the CHAPTER-4 (NCT06679881), a long-term, open-label extension study of deucrictibant XR for the prophylactic treatment of HAE attacks. Deucrictibant was generally well tolerated, with no treatment-related serious adverse events, discontinuations, or clinically meaningful laboratory, vital sign, or ECG abnormalities reported. Treatment led to rapid and durable reductions in HAE attack rates, with attack frequency reduced on average by ~92% from study baseline and remaining low over time, and approximately half of participants being attack-free during the entire extension period.

CHAPTER-1 Open-Label Extension Study: Long-Term Prophylactic Treatment with Oral Deucrictibant Improved Disease Control and Health-Related Quality of Life in Participants with Hereditary Angioedema was presented by Markus Magerl, M.D. Findings from CHAPTER-1 provided evidence of sustained improvement in disease control, HRQoL, and treatment satisfaction in participants with HAE. Disease control improved rapidly and was durable, with 100% of participants reporting well-controlled disease during long-term treatment (Week 62 to end of study). Treatment satisfaction scores for effectiveness were higher versus placebo and remained consistently high through week 134. Clinically meaningful improvements in HRQoL were observed as by week four and were maintained through more than two years of treatment, with all participants reporting improved HRQoL during the OLE.

Cardiovascular Safety
Clinical Cardiovascular Safety Assessment of Oral Deucrictibant was presented by Anne Lesage, Ph.D. An integrated analysis assessed cardiovascular (CV) outcomes across all deucrictibant clinical studies with available data at the time of the analyses and included ~570 unique deucrictibant-treated participants. Deucrictibant had a favorable cardiovascular safety profile across the studies analyzed, with no evidence of QT prolongation or clinically meaningful cardiac risks observed. There were no reports of serious arrhythmias, QT prolongation, or sudden cardiac death and cardiovascular adverse events were infrequent and not considered treatment related. Hemodynamic parameters, including heart rate and blood pressure, remained stable, and no clinically meaningful ECG changes were observed.

“Cardiovascular safety is a critical consideration in development of therapeutics impacting the kallikrein-kinin system, particularly given bradykinin’s role in the contact pathway and vasoactive properties,” said Anne Lesage, Ph.D., Chief Early Development Officer at Pharvaris. “In this integrated analysis of multiple studies to date, deucrictibant has a cardiovascular profile showing no evidence of increased risks or of QT prolongation nor clinically meaningful cardiac risks. Importantly, these findings were observed across a range of deucrictibant doses and patient populations, including long-term treatment with deucrictibant for almost three years, with stable measured heart rate, blood pressure, and ECG parameters. We believe these data provide important information on the cardiovascular safety of deucrictibant during its investigation as both a prophylactic and on-demand treatment of bradykinin-mediated angioedema.”

Beyond HAE
A Clinically Validated Kinin Biomarker Assay to Differentiate Bradykinin-Mediated from Mast Cell-Mediated Angioedema was presented by Evangelia Pardali, Ph.D. Pharvaris has developed an assay measuring the levels of bradykinin and other kinin-related peptides in plasma to characterize people with bradykinin-mediated angioedema. In addition to clearly showing bradykinin-forming cascade sensitivity in people with multiple types of HAE and with AAE-C1INH, cold activation caused increased bradykinin levels in samples from individuals with HAE with normal C1 inhibitor of unknown aetiology and angioedema of unknown cause, indication that bradykinin may be involved in the pathogenesis of the angioedema attacks in these individuals. The clinically validated kinin biomarker assay may become a key tool for identifying, studying, and managing bradykinin-mediated diseases, including bradykinin-mediated angioedema.

The presentation and posters are available on the Investors section of the Pharvaris website at: https://ir.pharvaris.com/news-events/events-presentations.

About Deucrictibant
Deucrictibant is a novel, potent, orally bioavailable small-molecule bradykinin B2 receptor antagonist currently in clinical development. Deucrictibant is being investigated for its potential to prevent the occurrence of bradykinin-mediated angioedema attacks and to treat the manifestations of attacks if/when they occur by inhibiting bradykinin signaling through the bradykinin B2 receptor. Pharvaris is developing two formulations of deucrictibant for oral administration: an extended-release tablet to enable sustained absorption and efficacy as prophylactic treatment, and an immediate-release capsule to enable rapid onset of activity for on-demand treatment. Deucrictibant has been granted orphan drug designation for the treatment of bradykinin-mediated angioedema by the U.S. Food and Drug Administration, the European Commission, and Swissmedic.

About Pharvaris
Pharvaris is a late-stage biopharmaceutical company developing novel, oral bradykinin B2 receptor antagonists to help address unmet needs in bradykinin-mediated conditions, including all types of bradykinin-mediated angioedema. Pharvaris’ aspiration is to offer therapies with injectable-like efficacy™, a well-tolerated profile, and the convenience of oral administration to prevent and treat bradykinin-mediated angioedema attacks. By delivering on this aspiration, Pharvaris aims to provide a new standard of care in bradykinin-mediated angioedema. Pharvaris is preparing marketing authorization applications for deucrictibant immediate-release capsule as an on-demand treatment of HAE attacks, and a global pivotal Phase 3 study of deucrictibant extended-release tablet for the prevention of HAE attacks (CHAPTER-3) is ongoing with topline data anticipated in the third quarter of 2026. In addition, CREAATE is an ongoing Phase 3 study of deucrictibant for the prophylactic and on-demand treatment of AAE-C1INH attacks. For more information, For more information, visit https://pharvaris.com/.

Forward Looking Statements
This press release contains certain forward-looking statements that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements relating to our future plans, studies and trials, and any statements containing the words “believe,” “anticipate,” “expect,” “hope,” “estimate,” “may,” “could,” “should,” “would,” “will,” “intend” and similar expressions. These forward-looking statements are based on management’s current expectations, are neither promises nor guarantees, and involve known and unknown risks, uncertainties and other important factors that may cause Pharvaris’ actual results, performance or achievements to be materially different from its expectations expressed or implied by the forward-looking statements. Such risks include but are not limited to the following: uncertainty in the outcome of our interactions with regulatory authorities, including the FDA; the expected timing, progress, or success of our clinical development programs, especially for deucrictibant immediate-release capsules and deucrictibant extended-release tablets, which are in late-stage global clinical trials; our ability to replicate the efficacy and safety demonstrated in the RAPIDe-1, RAPIDe-2, RAPIDe-3, and CHAPTER-1 Phase 2 and Phase 3 studies in ongoing and future nonclinical studies and clinical trials, such as CHAPTER-3, and CREAATE; the timing and outcome of regulatory approvals, including the timing and outcome of our planned submission of an NDA with the FDA in the first half of 2026 for the on-demand treatment of acute attacks of HAE; risks arising from epidemic diseases, which may adversely impact our business, nonclinical studies, and clinical trials; our ability to potentially use deucrictibant for alternative purposes, for example to treat C1-INH deficiency (AAE-C1INH); the value of our ordinary shares; the timing, costs and other limitations involved in obtaining regulatory approval for our product candidates, or any other product candidate that we may develop in the future; our ability to establish commercial capabilities or enter into agreements with third parties to market, sell, and distribute our product candidates; our ability to compete in the pharmaceutical industry, including with respect to existing therapies, emerging potentially competitive therapies and with competitive generic products; our ability to market, commercialize and achieve market acceptance for our product candidates; our ability to produce sufficient amounts of drug product candidates for commercialization; our ability to raise capital when needed and on acceptable terms; regulatory developments in the United States, the European Union and other jurisdictions; our ability to protect our intellectual property and know-how and operate our business without infringing the intellectual property rights or regulatory exclusivity of others; our ability to manage negative consequences from changes in applicable laws and regulations, including tax laws (including the Biosecure Act), our ability to maintain an effective system of internal control over financial reporting; changes and uncertainty in general market conditions; disruptions at the FDA and other agencies; changes and uncertainty in general market, political and economic conditions, including as a result of inflation and geopolitical conflicts; changes in regulations and customs, tariffs and trade barriers; and the other factors described under the headings “Cautionary Statement Regarding Forward-Looking Statements” and “Item 3. Key Information—D. Risk Factors” in our Annual Report on Form 20-F and other periodic filings with the U.S. Securities and Exchange Commission. 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. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. While Pharvaris may elect to update such forward-looking statements at some point in the future, Pharvaris disclaims any obligation to do so, even if subsequent events cause its views to change. These forward-looking statements should not be relied upon as representing Pharvaris’ views as of any date subsequent to the date of this press release.

Contact 
Maggie Beller
Vice President, Head of Corporate and Investor Communications
maggie.beller@pharvaris.com


FAQ

What did Pharvaris (PHVS) report from the RAPIDe-3 Phase 3 trial of deucrictibant at EAACI 2026?

Pharvaris reported that oral deucrictibant rapidly treated HAE attacks in the RAPIDe-3 Phase 3 trial. According to Pharvaris, median time to symptom relief was 1.28 hours and to complete resolution 11.95 hours, both markedly shorter than placebo.

How was the End of Progression endpoint defined and what were the RAPIDe-3 results for PHVS deucrictibant?

End of Progression™ was defined as the earliest time symptoms stopped worsening. According to Pharvaris, deucrictibant achieved a median time to End of Progression of 17.47 minutes versus 228.67 minutes with placebo, with 92.8% of treated attacks reaching End of Progression within 12 hours.

What long-term prophylaxis data for deucrictibant did Pharvaris (PHVS) present from the CHAPTER-1 extension?

Pharvaris presented final Phase 2 CHAPTER-1 open-label extension data showing sustained prophylactic efficacy. According to Pharvaris, HAE attack frequency fell by about 92% from baseline on average, remained low over ~34 months, and about half of participants were attack-free during the extension.

What were the cardiovascular safety findings for deucrictibant in Pharvaris (PHVS) clinical studies?

An integrated analysis across deucrictibant trials showed a favorable cardiovascular profile. According to Pharvaris, in about 570 treated participants there was no evidence of QT prolongation, serious arrhythmias, sudden cardiac death, or clinically meaningful ECG, heart rate, or blood pressure changes.

What is Pharvaris (PHVS) kinin biomarker assay and how could it impact angioedema management?

Pharvaris developed a clinically validated assay measuring bradykinin and related peptides to characterize bradykinin-mediated angioedema. According to Pharvaris, the assay distinguished bradykinin-forming cascade sensitivity across multiple HAE types and may become a key tool for identifying and managing bradykinin-mediated diseases.