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Pharvaris Announces FDA Acceptance of New Drug Application for Deucrictibant IR for On-Demand Treatment of Hereditary Angioedema Attacks

(Moderate)
(Very Positive)

Pharvaris (Nasdaq: PHVS) announced FDA acceptance of its New Drug Application for deucrictibant IR 20 mg capsules as an on-demand treatment for hereditary angioedema (HAE) attacks, with a PDUFA action date of April 23, 2027.

The NDA includes data from over 1,300 HAE attacks. In the pivotal Phase 3 RAPIDe-3 trial, deucrictibant IR met the primary and all 11 secondary efficacy endpoints with statistical significance, showing rapid symptom relief and a well-tolerated safety profile. Deucrictibant received FDA orphan drug designation in 2022.

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Positive

  • FDA accepts NDA for deucrictibant IR on-demand HAE treatment
  • PDUFA target action date set for April 23, 2027
  • Phase 3 RAPIDe-3 met primary and 11 secondary endpoints with significance
  • Clinical program includes data from treatment of over 1,300 HAE attacks
  • Median onset of symptom relief 1.28 hours; full resolution 11.95 hours
  • Deucrictibant granted FDA orphan drug designation in 2022

Negative

  • Commercial launch depends on pending FDA approval after April 23, 2027 review

News Market Reaction – PHVS

-1.89% 1.7x vol
2 alerts
-1.89% Session close to close
$2.37B Market Cap
1.7x Rel. Volume

In the Jul 6 session, PHVS declined 1.89%, reflecting a mild negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. Trading volume was above average at 1.7x the daily average, suggesting increased trading activity.

Data tracked by StockTitan Argus on the day of publication.

Market Context

FDA acceptance of the deucrictibant IR NDA with a April 23, 2027 PDUFA date and pivotal RAPIDe-3 suc...
Analysis

FDA acceptance of the deucrictibant IR NDA with a April 23, 2027 PDUFA date and pivotal RAPIDe-3 success marks a key HAE milestone. Investors may track regulatory review progress alongside ongoing insider net selling and broader biotech sentiment.

Key Figures

Deucrictibant IR dose: 20 mg PDUFA action date: April 23, 2027 HAE attacks treated: over 1,300 attacks +5 more
8 metrics
Deucrictibant IR dose 20 mg Immediate-release capsule in NDA for on-demand HAE treatment
PDUFA action date April 23, 2027 FDA target action date for deucrictibant IR NDA
HAE attacks treated over 1,300 attacks Clinical development program dataset included in NDA
RAPIDe-3 age cutoff 12 years and older Participants in pivotal Phase 3 RAPIDe-3 study
Secondary endpoints met 11 endpoints RAPIDe-3 met primary and all secondary efficacy endpoints
Time to symptom relief 1.28 hours Median time to onset of symptom relief in RAPIDe-3
Time to End of Progression 17.48 minutes Median time to End of Progression™ in RAPIDe-3
Time to complete resolution 11.95 hours Median time to complete resolution of attack symptoms in RAPIDe-3

Previous Clinical trial Reports

5 past events · Latest: May 29 (Neutral)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 29 Clinical data previews Neutral +1.0% Announced upcoming EAACI 2026 presentations covering RAPIDe-3 and CHAPTER-1 results.
Feb 10 Clinical data previews Neutral +1.7% Flagged multiple AAAAI 2026 abstracts including pivotal RAPIDe-3 and CHAPTER-1 data.
Dec 03 Phase 3 topline data Positive +21.8% Reported RAPIDe-3 Phase 3 met primary and all secondary endpoints with strong efficacy.
Jul 10 Trial timing update Neutral +7.2% Updated RAPIDe-3 topline timing to Q4 2025 with NDA submission targeted for 1H 2026.
Jun 27 Conference data plans Neutral -5.0% Outlined multiple HAE clinical trial data presentations at the 2025 US HAEA Summit.

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

Pattern Detected

Recent clinical-trial headlines have typically coincided with positive price moves, with only one of five tagged events drawing a negative next-day reaction.

Key Terms

new drug application, pdufa, orphan drug designation, phase 3, +1 more
5 terms
new drug application regulatory
"has accepted its New Drug Application (NDA) for deucrictibant"
A new drug application is a formal request submitted to government regulators seeking approval to market a new medicine. It is like a detailed proposal that shows the drug has been tested for safety and effectiveness. For investors, receiving approval signals that the drug may soon become available for sale, potentially leading to revenue growth and impacting the company's value.
pdufa regulatory
"The FDA has set a Prescription Drug User Fee Act (PDUFA) target action date"
PDUFA is the Prescription Drug User Fee Act, the U.S. law under which drug companies pay fees that fund the FDA's review of new medicines. In company news the term usually appears as the PDUFA date, the target deadline by which the FDA aims to decide on a drug application; that date tells investors when to expect the approval or rejection decision for the product.
orphan drug designation regulatory
"Deucrictibant was granted orphan drug designation by the FDA in 2022."
Orphan drug designation is a special status given to medicines developed to treat rare diseases affecting only a small number of people. This status often provides benefits like faster approval processes and financial incentives, making it more attractive for companies to develop these drugs. For investors, it signals potential for exclusive market rights and reduced competition, which can impact the drug’s profitability.
phase 3 medical
"RAPIDe-3 ..., a global, pivotal, placebo-controlled Phase 3 study of deucrictibant IR"
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
"RAPIDe-3 ..., a global, pivotal, placebo-controlled Phase 3 study"
"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.

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

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  • If approved, deucrictibant will be the first oral bradykinin B2 receptor antagonist to treat HAE attacks
  • NDA includes positive data from successful clinical program demonstrating rapid relief and sustained response to resolution of HAE attack symptoms and a well-tolerated safety profile
  • PDUFA action date set for April 23, 2027

ZUG, Switzerland, July 06, 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 the U.S. Food and Drug Administration (FDA) has accepted its New Drug Application (NDA) for deucrictibant immediate-release (IR) capsule (20 mg) for the on-demand treatment (ODT) of Hereditary Angioedema (HAE) attacks. The FDA has set a Prescription Drug User Fee Act (PDUFA) target action date of April 23, 2027.

“After 10 years of dedicated effort by the team at Pharvaris, this FDA acceptance of deucrictibant IR’s NDA represents a major milestone in our journey to develop a differentiated therapy with the potential to improve the standard of care for people living with HAE,” said Berndt Modig, Chief Executive Officer of Pharvaris. “Pharvaris has a deep scientific legacy in bradykinin B2 receptor antagonism, a clinically proven therapeutic approach for HAE attack treatment. By leveraging this trusted mechanism and its chemical properties, deucrictibant IR has the potential to be an oral on-demand medicine that addresses unmet needs of those living with HAE. In clinical studies, treatment of HAE attacks with deucrictibant IR resulted in rapid time to onset of symptom relief and accelerated time to complete symptom resolution. With the build out of our commercial infrastructure already underway, Pharvaris is poised for a successful launch of deucrictibant IR, if approved.”

Pharvaris’ NDA details a comprehensive clinical development program for deucrictibant IR, including data from the treatment of over 1,300 HAE attacks. RAPIDe-3 (NCT06343779), a global, pivotal, placebo-controlled Phase 3 study of deucrictibant IR for the on-demand treatment of attacks in participants 12 years and older with HAE, including those with HAE with normal C1 inhibitor, met the primary and all 11 secondary efficacy endpoints with statistical significance. Results from RAPIDe-3 demonstrated the rapid and sustained efficacy of deucrictibant IR in treating HAE attacks; the median time to onset of symptom relief was 1.28 hours, to End of Progression™ (EoP) was 17.48 minutes, and to complete resolution of attack symptoms was 11.95 hours. Deucrictibant IR demonstrated a well-tolerated safety profile. Deucrictibant was granted orphan drug designation by the FDA in 2022.

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. 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) announce about the deucrictibant IR NDA in July 2026?

Pharvaris announced FDA acceptance of its New Drug Application for deucrictibant IR 20 mg capsules for on-demand treatment of hereditary angioedema attacks. According to Pharvaris, this marks a major milestone after 10 years of development toward a differentiated oral bradykinin B2 receptor antagonist therapy.

What is the FDA PDUFA action date for Pharvaris (PHVS) deucrictibant IR NDA?

The FDA set a Prescription Drug User Fee Act (PDUFA) target action date of April 23, 2027 for deucrictibant IR. According to Pharvaris, this date represents when the FDA is expected to complete its review of the on-demand hereditary angioedema treatment application.

What were the key Phase 3 RAPIDe-3 results for Pharvaris (PHVS) deucrictibant IR?

The RAPIDe-3 Phase 3 trial met its primary and all 11 secondary efficacy endpoints with statistical significance. According to Pharvaris, median time to symptom relief was 1.28 hours, End of Progression 17.48 minutes, and complete symptom resolution 11.95 hours, with a well-tolerated safety profile.

How many hereditary angioedema attacks were included in Pharvaris (PHVS) deucrictibant IR clinical program?

Pharvaris reports that its NDA includes data from the treatment of over 1,300 hereditary angioedema attacks. According to Pharvaris, these attacks were part of a comprehensive clinical development program supporting deucrictibant IR as an oral on-demand treatment candidate for HAE attacks.

What makes deucrictibant IR potentially different for on-demand hereditary angioedema treatment (PHVS)?

Deucrictibant IR is described as an oral bradykinin B2 receptor antagonist for on-demand HAE attack treatment. According to Pharvaris, clinical studies showed rapid onset of symptom relief and accelerated time to complete resolution, with a well-tolerated safety profile in the studied population.

Does Pharvaris (PHVS) deucrictibant have FDA orphan drug designation and what does that mean here?

Deucrictibant was granted FDA orphan drug designation in 2022 for hereditary angioedema. According to Pharvaris, this designation recognizes the therapy’s focus on a rare disease population and is part of the regulatory background for its New Drug Application submission.

What patient population was evaluated in the RAPIDe-3 trial of Pharvaris (PHVS) deucrictibant IR?

RAPIDe-3 studied deucrictibant IR for on-demand treatment of attacks in participants 12 years and older with hereditary angioedema, including HAE with normal C1 inhibitor. According to Pharvaris, this pivotal global, placebo-controlled Phase 3 trial underpins the NDA submission.