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Deucrictibant Data Supporting Potentially Differentiated Profile for the On-Demand and Prophylactic Treatment of Bradykinin-Mediated Angioedema Presented at AAAAI 2026

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Pharvaris (Nasdaq: PHVS) presented Phase 3 RAPIDe-3 and Phase 2 CHAPTER-1 data at AAAAI 2026 supporting deucrictibant for on‑demand and prophylactic treatment of bradykinin‑mediated angioedema.

RAPIDe-3 met the primary and all 11 secondary endpoints: median onset of symptom relief 1.28 hours and complete resolution 11.95 hours versus much longer placebo times. CHAPTER-1 OLE showed mean attack rate fell from 2.18 to 0.12 attacks/month and roughly half of participants were attack free; no treatment‑related serious adverse events reported.

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Positive

  • RAPIDe-3 met primary and all 11 secondary endpoints
  • Onset of symptom relief in 1.28 hours
  • Median complete symptom resolution in 11.95 hours
  • Mean attack rate reduced from 2.18 to 0.12 attacks/month

Negative

  • CHAPTER-1 final analysis was an open‑label extension (non-randomized)

News Market Reaction – PHVS

-1.37%
1 alert
-1.37% News Effect

On the day this news was published, PHVS declined 1.37%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Onset of relief: 1.28 hours Onset relief placebo: over 12 hours Complete resolution: 11.95 hours +5 more
8 metrics
Onset of relief 1.28 hours Median time to onset of symptom relief with deucrictibant in RAPIDe-3
Onset relief placebo over 12 hours Median time to onset of symptom relief with placebo in RAPIDe-3
Complete resolution 11.95 hours Median time to complete symptom resolution with deucrictibant in RAPIDe-3
End of Progression 17.47 minutes Median time to End of Progression with deucrictibant in RAPIDe-3
End of Progression placebo 228.67 minutes Median time to End of Progression with placebo in RAPIDe-3
Attack rate baseline 2.18 attacks/month Mean baseline HAE attack rate in CHAPTER-1 open-label extension
Attack rate on treatment 0.12 attacks/month Mean on-treatment HAE attack rate in CHAPTER-1 open-label extension
Symptom relief by 12h 90.4% vs 48.3% Deucrictibant vs placebo attacks achieving onset of relief by 12 hours

Market Reality Check

Price: $25.91 Vol: Volume 148,679 is 30% abo...
normal vol
$25.91 Last Close
Volume Volume 148,679 is 30% above 20-day average of 114,558 ahead of this data. normal
Technical Trading above 200-day MA of 22.8 with price at 28.39, reflecting a sustained uptrend.

Peers on Argus

PHVS gained 1.39% with modestly positive biotech peers (e.g., BHVN +4.82%, EWTX ...
1 Down

PHVS gained 1.39% with modestly positive biotech peers (e.g., BHVN +4.82%, EWTX +3.03%, MNKD +4.13%). Momentum scanner only flagged 1 peer (VRDN, down 10.18%), suggesting the move was stock-specific rather than a broad sector rotation.

Historical Context

5 past events · Latest: Feb 10 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 10 Conference preview Positive +1.7% Announced six abstracts for AAAAI 2026, including pivotal RAPIDe-3 and CHAPTER-1.
Jan 12 Strategy update Positive +0.8% Outlined 2026 priorities, NDA timing, pivotal data expectations, and cash runway into 1H2027.
Dec 03 Pivotal trial topline Positive +21.8% Reported RAPIDe-3 Phase 3 success with rapid symptom relief and full endpoint success.
Nov 12 Earnings and pipeline Positive +7.0% Q3 2025 results plus progress on RAPIDe-3, CHAPTER-3, CREAATE, and financing.
Nov 10 Conference data Positive +4.8% Presented long-term CHAPTER-1 efficacy, RAPIDe-2 data, and kinin biomarker assay at ACAAI.
Pattern Detected

Recent clinically focused and corporate updates have all coincided with positive 24-hour price reactions, indicating a pattern of constructive market response to deucrictibant milestones.

Recent Company History

Over the past six months, Pharvaris has repeatedly highlighted late-stage development of deucrictibant. Positive RAPIDe-3 topline data on Dec 03, 2025 drove a 21.75% move, followed by earnings and strategy updates in November 2025 and January 2026, each with smaller gains. Conference presentations at ACAAI 2025 and AAAAI 2026 continued to showcase strong on‑demand and prophylactic HAE data, with all five tracked announcements yielding positive next‑day price reactions.

Market Pulse Summary

This announcement consolidates pivotal RAPIDe-3 results and long-term CHAPTER-1 data, emphasizing ra...
Analysis

This announcement consolidates pivotal RAPIDe-3 results and long-term CHAPTER-1 data, emphasizing rapid symptom relief, durable attack reduction, and once-daily prophylactic potential for deucrictibant. Investors may compare these outcomes with prior ACAAI and strategic updates highlighting similar metrics such as attack rates of 0.12 attacks/month. Key risks include future Phase 3 readouts, regulatory review outcomes, and capital needs disclosed in past filings. Tracking additional efficacy, safety, and duration data will be important.

Key Terms

bradykinin-mediated angioedema, hereditary angioedema, acquired angioedema due to C1 inhibitor deficiency, bradykinin b2 receptor antagonists, +4 more
8 terms
bradykinin-mediated angioedema medical
"treatment of bradykinin-mediated angioedema presented at AAAAI 2026"
A sudden, often painful swelling of skin and deeper tissues caused by excess bradykinin, a naturally occurring molecule that makes blood vessels leak fluid; it is distinct from allergic swelling because it is not driven by the immune-system chemical histamine. It matters to investors because this condition can be a serious side effect of certain drugs or a target for new therapies, affecting regulatory approval, safety labeling, market demand, and potential legal or sales risks — like discovering a hidden defect in a widely used product.
hereditary angioedema medical
"those living with bradykinin-mediated diseases such as hereditary angioedema (HAE)"
A rare inherited disorder that causes sudden, painful swelling under the skin or in internal tissues, including the airway, because a natural blood‑control protein is missing or not working. Attacks can be unpredictable and sometimes life‑threatening, so people often need ongoing medication or emergency treatment. For investors, hereditary angioedema represents a niche but stable market for specialized therapies, diagnostics, and emergency care solutions.
acquired angioedema due to C1 inhibitor deficiency medical
"and acquired angioedema due to C1 inhibitor deficiency (AAE-C1INH)"
A rare disorder where the body lacks or destroys a protein called C1 inhibitor, causing sudden, painful swelling in tissues such as the face, throat or abdomen; think of it as a faulty brake system that lets swelling responses run unchecked. For investors, it matters because its rarity and severity drive demand for specialized diagnostics, treatments and ongoing clinical development, affecting market opportunities, regulatory risk and potential healthcare spending.
bradykinin b2 receptor antagonists medical
"developing novel, oral bradykinin B2 receptor antagonists to help address unmet needs"
Bradykinin B2 receptor antagonists are drugs that block a specific cell receptor which responds to bradykinin, a natural molecule that causes blood vessels to leak, swell and send pain signals; blocking that receptor can reduce swelling, pain and inflammation. For investors, these drugs matter because successful candidates can address acute or chronic conditions with high unmet need, and their clinical trial results, safety profile and regulatory approvals strongly influence a company’s market value—think of the drug as putting a cap on a leaking pipe to stop costly damage.
immediate-release capsule technical
"evaluated orally administered deucrictibant immediate-release capsule (20 mg)"
An immediate-release capsule is an oral drug form designed to break apart quickly after swallowing so the active medicine becomes available to the body soon afterward, rather than being delayed or slowly released. For investors this matters because release type affects how well a drug treats symptoms, patient preference, manufacturing complexity, pricing, and regulatory scrutiny—similar to choosing instant coffee for a fast boost vs a slow-brewed pot for extended effect.
extended-release tablet technical
"deucrictibant extended-release tablet supports once-daily prophylactic application"
An extended-release tablet is a pill designed to release its active medicine slowly over many hours instead of all at once, like a faucet that drips steadily rather than a single pour. For investors, this matters because such formulations can improve patient convenience and adherence, change how often people buy or use a drug, affect safety and pricing, and often carry patent or market advantages that influence a product’s commercial value.
open-label extension medical
"final analysis of the open-label extension (OLE) of the two-part Phase 2 clinical study"
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.
pharmacokinetic profile medical
"include its single-dose pharmacokinetic profile under fasted and fed conditions"
The pharmacokinetic profile describes how a drug moves through the body over time, including how quickly it is absorbed, how it spreads, and how it is eventually eliminated. For investors, understanding this profile helps gauge the drug’s effectiveness, safety, and the appropriate dosing schedule, which can influence a company’s potential success and market value. It provides insight into how a medication behaves, impacting its overall commercial viability.

AI-generated analysis. Not financial advice.

  • RAPIDe-3 met the primary and all 11 secondary efficacy endpoints with high statistical significance with deucrictibant achieving onset of symptom relief in 1.28 hours and complete symptom resolution in 11.95 hours, and confirming its potentially differentiated profile for the treatment of HAE attacks
  • Final CHAPTER-1 data provide further evidence on long-term safety and efficacy of deucrictibant for the prevention of HAE attacks; single-dose, sustained therapeutic exposure with deucrictibant extended-release tablet supports once-daily prophylactic application

ZUG, Switzerland, March 02, 2026 (GLOBE NEWSWIRE) -- Pharvaris (Nasdaq: PHVS), a late-stage biopharmaceutical company developing novel, oral bradykinin B2 receptor antagonists to help address unmet needs of those living with bradykinin-mediated diseases such as hereditary angioedema (HAE) and acquired angioedema due to C1 inhibitor deficiency (AAE-C1INH), summarized the presentations for the American Academy of Allergy, Asthma & Immunology (AAAAI) 2026 Annual Meeting, which took place from February 27-March 2, 2026, in Philadelphia, PA.

“The RAPIDe-3 data confirm the robust and consistent clinical effects of deucrictibant across our primary and all 11 secondary efficacy endpoints versus placebo, confirming its potentially differentiated profile for the treatment of all types of HAE attacks,” said Peng Lu, M.D., Ph.D., Chief Medical Officer of Pharvaris. “Due to its mechanism of action, deucrictibant is expected to outcompete bradykinin at the B2 receptor, resulting in direct modulation of bradykinin signaling, as demonstrated by the rapid and sustained symptom relief and attack resolution findings from RAPIDe-3. We are pleased to present these pivotal data at AAAAI and look forward to future exchanges with the HAE community about deucrictibant’s potential to become standard of care in the treatment of HAE attacks.”   

Details of the presentations are outlined below:
On-Demand Therapy
Oral Deucrictibant Immediate-Release Capsule in Treatment of Hereditary Angioedema Attacks: Results of the Phase 3 RAPIDe-3 Study, presented by Marc A. Riedl, M.D., M.S. in a featured poster. The RAPIDe-3 (NCT06343779) global Phase 3, placebo-controlled study 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. Final results from RAPIDe-3 provide further evidence on the rapid and sustained efficacy, safety, and tolerability of deucrictibant. Results from this study met the primary and all 11 secondary efficacy endpoints. The median time to onset of symptom relief, the primary endpoint, was 1.28 hours with deucrictibant treatment versus over 12 hours with placebo. This endpoint was achieved by 12 hours in 90.4% of deucrictibant-treated attacks, versus 48.3% of placebo-treated attacks. The median time to End of Progression™ of attack symptoms was 17.47 minutes with deucrictibant treatment versus 228.67 minutes with placebo. The median time to complete resolution of attack symptoms was 11.95 hours with deucrictibant treatment versus over 48 hours with placebo. This endpoint was achieved by 48 hours in 81.9% of deucrictibant-treated attacks, versus 36.8% of placebo-treated attacks. Deucrictibant was well tolerated with no treatment-related serious adverse events and no participants discontinuing treatment due to treatment-emergent adverse events.

Content Validity of the Angioedema symptom Rating scAle (AMRA) to Assess Symptoms of Hereditary Angioedema Attacks, presented by Teresa Caballero, M.D., Ph.D. A collated analyses from a mixed-methods study and RAPIDe-3 provided confirmatory evidence to support the validity of AMRA-3 and AMRA-5 in assessing the severity of key symptoms associated with HAE attacks. Participants across age groups, including adolescents and adults, reported a variety of symptoms when experiencing HAE attacks, with the most frequently observed symptoms captured by the AMRA-3 scale or, for people experiencing upper airway attacks, including laryngeal attacks, by the AMRA-5 scale.

Long-Term Prophylaxis
Long-Term Safety and Efficacy of Oral Deucrictibant for Prophylaxis in Hereditary Angioedema: Final Results of the Phase 2 CHAPTER-1 Open-Label Extension Study, presented by John Anderson, M.D. in a featured poster. Data from the final analysis of the open-label extension (OLE) of the two-part Phase 2 clinical study of deucrictibant for the long-term prophylaxis of HAE attacks, CHAPTER-1, provided further evidence about deucrictibant’s profile being well tolerated with no safety signals observed in the OLE for up to approximately three years; mean systolic and diastolic blood pressure remained stable throughout all study assessments. The attack rate reduced within one week of deucrictibant treatment remained low for up to approximately three years: the mean attack rate was reduced from a study baseline of 2.18 attacks/month to 0.12 attacks/month in the open-label extension. Additionally, approximately half of the participants in the open-label extension were attack free.

Long-Term Prophylactic Treatment With Oral Deucrictibant Improved Health-Related Quality of Life in Participants With Hereditary Angioedema: Final Results of the Phase 2 CHAPTER-1 Open-Label Extension Study, presented by Michael E. Manning, M.D. Data from the final analysis of the open-label extension (OLE) of the two-part Phase 2 clinical study of deucrictibant for the long-term prophylaxis of HAE attacks, CHAPTER-1, showed that treatment with deucrictibant resulted in clinically-meaningful improvements in health-related quality of life (HRQoL) and disease control and in higher treatment satisfaction for up to approximately three years.

Sustained Therapeutic Exposure with Once-Daily Oral Deucrictibant Extended-Release Tablet for Prophylaxis of Hereditary Angioedema Attacks, presented by Zhi-Yi Zhang, Ph.D. in a featured poster. Phase 1 data supporting the once-daily applicability of deucrictibant extended-release tablet include its single-dose pharmacokinetic profile under fasted and fed conditions and the sustained (≥24 hours) therapeutic exposure during repeat dosing.

Beyond HAE
A Novel Kinin Biomarker Assay for Characterization of Different Types of Bradykinin-Mediated Angioedema, presented by Evangelia Pardali, Ph.D. Pharvaris has developed an assay that can measure 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 the angioedema attacks in these individuals may be bradykinin-mediated. The clinically validated kinin biomarker assay may become a key tool for identifying, studying, and managing bradykinin-mediated diseases, including bradykinin-mediated angioedema.

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, 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,” “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
Executive Director, Head of Corporate and Investor Communications
maggie.beller@pharvaris.com


FAQ

What were the key RAPIDe-3 results for Pharvaris (PHVS) at AAAAI 2026?

RAPIDe-3 met the primary and all 11 secondary endpoints with rapid effects. According to the company, median onset of symptom relief was 1.28 hours and median complete resolution was 11.95 hours versus substantially longer placebo times.

How did deucrictibant affect attack frequency in PHVS CHAPTER-1 long-term data?

CHAPTER-1 OLE showed a substantial reduction in attack frequency. According to the company, mean attack rate fell from 2.18 attacks/month at baseline to 0.12 attacks/month during the extension, with about half of participants attack free.

What safety findings did Pharvaris (PHVS) report for deucrictibant in the trials?

Deucrictibant showed a favorable tolerability profile with no treatment‑related serious adverse events. According to the company, no participants discontinued due to treatment‑emergent adverse events in RAPIDe-3 and no safety signals observed in the CHAPTER-1 OLE.

Does Pharvaris (PHVS) support once‑daily prophylaxis with deucrictibant extended‑release?

Phase 1 data support once‑daily dosing for the extended‑release tablet with sustained exposure ≥24 hours. According to the company, single‑dose pharmacokinetics under fed and fasted conditions showed therapeutic levels maintained over 24 hours on repeat dosing.

What types of hereditary angioedema were included in the PHVS RAPIDe-3 study?

RAPIDe-3 enrolled participants 12 years and older across HAE types, including HAE with normal C1 inhibitor. According to the company, the trial population included those with diverse HAE etiologies to evaluate deucrictibant across attack types.
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