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Evidence of Efficacy and Safety of Deucrictibant for Prophylaxis and On-Demand Treatment of Hereditary Angioedema Attacks Published Back-to-Back in The Lancet Haematology

(Positive)
Tags

Pharvaris (Nasdaq: PHVS) announced publication of two Phase 2 trials in The Lancet Haematology showing deucrictibant, an oral bradykinin B2 receptor antagonist, had statistically significant efficacy and was well tolerated for both prophylaxis (CHAPTER-1) and on-demand treatment (RAPIDe-1) of hereditary angioedema (HAE) attacks.

The company said CHAPTER-1 showed reduced attack occurrence and improved quality of life, while RAPIDe-1 showed reduced attack severity and faster symptom relief; Phase 3 topline from CHAPTER-3 is expected in Q3 2026.

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Positive

  • Statistically significant reduction in HAE attack occurrence (CHAPTER-1)
  • Statistically significant reduction in attack severity and faster relief (RAPIDe-1)
  • Oral immediate-release and extended-release formulations support on-demand and prophylaxis
  • Deucrictibant was reported as well tolerated at tested doses
  • Phase 3 topline data for prophylaxis (CHAPTER-3) expected Q3 2026

Negative

  • Regulatory approvals remain pending; confirmatory Phase 3 data required for labeling
  • Key commercial and regulatory outcomes depend on CHAPTER-3 topline due Q3 2026

News Market Reaction – PHVS

-0.50%
-0.50% Session close to close

In the Mar 20 session, PHVS declined 0.50%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement consolidates evidence around deucrictibant by publishing Phase 2 CHAPTER-1 and RAP...
Analysis

This announcement consolidates evidence around deucrictibant by publishing Phase 2 CHAPTER-1 and RAPIDe-1 results in The Lancet Haematology, supporting both prophylactic and on-demand HAE use. It complements earlier RAPIDe-3 pivotal data and management’s 2026 priorities, including anticipated CHAPTER-3 topline in Q3 2026. Together, these updates frame a late-stage development program where investors may focus on upcoming Phase 3 readouts, regulatory filing progress, and any safety or tolerability updates as key watch points.

Key Figures

CHAPTER-1 phase: Phase 2 RAPIDe-1 phase: Phase 2 CHAPTER-3 phase: Phase 3 +5 more
8 metrics
CHAPTER-1 phase Phase 2 Prophylactic treatment study for HAE attacks
RAPIDe-1 phase Phase 2 On-demand treatment study for HAE attacks
CHAPTER-3 phase Phase 3 Ongoing prophylactic study of extended-release deucrictibant
RAPIDe-3 phase Phase 3 Pivotal on-demand study with presented topline data
CHAPTER-3 topline timing Q3 2026 Expected timing for prophylaxis Phase 3 topline data
Trial ID NCT06669754 CHAPTER-3 Phase 3 prophylaxis study identifier
Trial ID NCT06343779 RAPIDe-3 Phase 3 on-demand study identifier
Conference year 2026 AAAAI Annual Meeting where RAPIDe-3 data were presented

Historical Context

5 past events · Latest: Mar 11 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 11 PRO validation data Positive +6.0% Peer-reviewed PRO validation for on-demand HAE treatment endpoints, informing RAPIDe-3 design.
Mar 02 Phase 3/2 data Positive -1.4% AAAAI 2026 presentation of RAPIDe-3 and CHAPTER-1 data supporting on-demand and prophylactic use.
Feb 10 Conference preview Positive +1.7% Announcement of six AAAAI 2026 abstracts, including pivotal RAPIDe-3 and CHAPTER-1 results.
Jan 12 Strategic outlook Positive +0.8% 2026 priorities outlining late-stage development, NDA timelines, and cash runway into 1H2027.
Dec 03 Pivotal RAPIDe-3 win Positive +21.8% RAPIDe-3 met primary and 11 secondary endpoints with strong on-demand efficacy and tolerability.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent PHVS news has generally seen positive to neutral reactions, with one notable rally on pivotal RAPIDe-3 data and only a single mild divergence on otherwise positive clinical news.

Recent Company History

Over the last several months, Pharvaris has steadily built the deucrictibant story. Positive RAPIDe-3 pivotal Phase 3 data on Dec 3, 2025 coincided with a 21.75% move, and 2026 updates have focused on Phase 3 RAPIDe-3 and CHAPTER-1 results, validated PRO tools, and 2026 strategic priorities including NDA preparation and a cash runway into 1H2027. Today’s Lancet Haematology Phase 2 publications reinforce the same HAE prophylaxis and on-demand efficacy narrative already highlighted in prior releases.

Key Terms

hereditary angioedema, acquired angioedema due to c1 inhibitor deficiency, bradykinin b2 receptor antagonist, placebo-controlled, +4 more
8 terms
hereditary angioedema medical
"management of HAE ZUG, Switzerland, March 20, 2026 -- Pharvaris ... such as hereditary angioedema (HAE) and acquired"
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
"living with bradykinin-mediated diseases such as hereditary angioedema (HAE) 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 antagonist medical
"developing novel, oral bradykinin B2 receptor antagonists to help address unmet needs"
A bradykinin B2 receptor antagonist is a medicine that blocks a specific cell receptor where the molecule bradykinin binds, preventing downstream effects like blood vessel widening, fluid leakage, and pain. Investors care because these drugs can treat conditions driven by excessive bradykinin activity; clinical trial results, safety profile, and regulatory approval determine commercial potential and can sharply affect a company’s value—think of it as putting a cap on a keyhole to stop an unwanted signal.
placebo-controlled medical
"CHAPTER-1, a double-blind, placebo-controlled Phase 2 proof-of-concept study of 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.
extended-release tablet medical
"availability of both the immediate-release capsule and extended-release tablet. This complementary approach"
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.
immediate-release capsule medical
"RAPIDe-1, a double-blind, placebo-controlled Phase 2 study of deucrictibant immediate-release capsule for the on-demand"
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.
phase 2 medical
"two randomized Phase 2 studies, CHAPTER-1 and RAPIDe-1, evaluating the efficacy and safety"
Phase 2 is the mid-stage clinical trial where a new drug or treatment is tested in a larger group of patients to see if it works and to keep checking safety after initial human testing. Think of it as a field test that proves whether a product actually delivers its promised benefit. Investors watch Phase 2 closely because its results strongly influence a medicine’s chances of reaching the market, the size of its potential sales, and the company’s valuation.
phase 3 medical
"ongoing Phase 3 clinical study evaluating deucrictibant extended-release tablet for the prophylactic treatment"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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  • Results from Phase 2 clinical studies, CHAPTER-1 and RAPIDe-1, provide evidence of viability of bradykinin B2 receptor antagonism in management of HAE

ZUG, Switzerland, March 20, 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), today announced that two articles have been published back-to-back in the same issue of The Lancet Haematology. The articles detail data from the two randomized Phase 2 studies, CHAPTER-1 and RAPIDe-1, evaluating the efficacy and safety of deucrictibant, a potent, orally bioavailable small-molecule bradykinin B2 receptor antagonist, in development for the prophylaxis and on-demand treatment of HAE attacks, respectively.

“Since HAE is a bradykinin-mediated disease, regulation of bradykinin signaling through B2 receptor antagonism could both prevent HAE attacks and manage angioedema symptoms when they occur,” said Marc A. Riedl, M.D., M.S., Professor of Medicine, Clinical Director of the U.S. Hereditary Angioedema Association (HAEA) Angioedema Center at the University of California San Diego (UCSD), and investigator in both studies. “The statistically significant, placebo-controlled data from these two distinct clinical studies provide important evidence that deucrictibant, a bradykinin B2 receptor antagonist, may offer a viable option for both prophylactic and acute treatment of HAE attacks. Based on these results, deucrictibant is emerging as a potentially unique oral therapy for HAE, providing on-demand and preventative treatment effects through the availability of both the immediate-release capsule and extended-release tablet. This complementary approach may further improve HAE management for patients and prescribers alike.”

CHAPTER-1 Study Results
CHAPTER-1, a double-blind, placebo-controlled Phase 2 proof-of-concept study of deucrictibant for the prophylactic treatment of HAE attacks, demonstrated statistically significant reduction in the occurrence of attacks and clinically meaningful improvements in disease control and health-related quality of life. Deucrictibant was well tolerated at both doses tested.

RAPIDe-1 Study Results
RAPIDe-1, a double-blind, placebo-controlled Phase 2 study of deucrictibant immediate-release capsule for the on-demand treatment of HAE attacks, demonstrated a statistically significant reduction in severity of attack manifestations, as well as a reduced time to symptom relief and resolution. Deucrictibant was well tolerated at all doses tested.

Peng Lu, M.D., Ph.D., Chief Medical Officer of Pharvaris, stated, “icatibant use has established bradykinin B2 receptor antagonism as the standard-of-care approach for on-demand treatment of HAE attacks. The RAPIDe-1 data are the first-ever clinical study data supporting deucrictibant as an oral on-demand therapy, and the CHAPTER-1 data are the first-ever clinical study data supporting bradykinin B2 receptor antagonism as an effective approach for prophylaxis of HAE attacks. Upon regulatory approval for both indications, deucrictibant could offer an end-to-end portfolio of options for bradykinin-mediated angioedema care. The two articles, published concurrently in The Lancet Haematology, add to the scientific evidence to further advance understanding of bradykinin-mediated angioedema and eventually inform clinical decisions about management in real-world clinical practice.”

Topline data from CHAPTER-3 (NCT06669754), an ongoing Phase 3 clinical study evaluating deucrictibant extended-release tablet for the prophylactic treatment of HAE attacks, is anticipated in the third quarter of 2026. Topline data from RAPIDe-3 (NCT06343779), a pivotal, placebo-controlled Phase 3 clinical study evaluating deucrictibant immediate-release capsule for the on-demand treatment of HAE attacks, demonstrated that treatment with deucrictibant resulted in faster symptom relief and complete symptom resolution of HAE attacks and in most attacks being treated with a single capsule. These confirmatory data of deucrictibant’s potential as an oral on-demand treatment were presented at the American Academy of Allergy, Asthma & Immunology (AAAAI) 2026 Annual Meeting.

The full articles can be found here:

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 did Pharvaris announce about deucrictibant in March 2026 (PHVS)?

Pharvaris announced publication of two Phase 2 trials showing deucrictibant's efficacy and tolerability. According to Pharvaris, CHAPTER-1 showed fewer prophylactic attacks and RAPIDe-1 showed faster on-demand symptom relief.

How did deucrictibant perform in the CHAPTER-1 Phase 2 prophylaxis trial (PHVS)?

CHAPTER-1 demonstrated a statistically significant reduction in HAE attack occurrence and improved quality of life. According to Pharvaris, the drug was well tolerated at both prophylactic doses tested.

What were the RAPIDe-1 Phase 2 on-demand trial results for deucrictibant (PHVS)?

RAPIDe-1 showed statistically significant reductions in attack severity and faster time to symptom relief. According to Pharvaris, most attacks treated achieved symptom relief quickly and doses were well tolerated.

What formulations of deucrictibant did Pharvaris report for HAE treatment (PHVS)?

Pharvaris reported both an immediate-release capsule for on-demand use and an extended-release tablet for prophylaxis. According to Pharvaris, this offers complementary on-demand and preventive options for HAE management.

When will Pharvaris report Phase 3 topline data for deucrictibant prophylaxis (PHVS)?

Topline Phase 3 (CHAPTER-3) data are expected in Q3 2026. According to Pharvaris, CHAPTER-3 will evaluate the extended-release tablet for prophylactic treatment of HAE attacks.

Do the Phase 2 results mean deucrictibant is approved for HAE treatment (PHVS)?

No, Phase 2 results are promising but not an approval. According to Pharvaris, confirmatory Phase 3 data and regulatory review are required before any approval or labeling changes.