Welcome to our dedicated page for Reviva Pharmaceutcls Hldgs news (Ticker: RVPH), a resource for investors and traders seeking the latest updates and insights on Reviva Pharmaceutcls Hldgs stock.
Reviva Pharmaceuticals Holdings, Inc. (NASDAQ: RVPH) is a late-stage biopharmaceutical company focused on central nervous system (CNS), inflammatory, and cardiometabolic diseases. The RVPH news feed highlights the company’s progress in advancing its pipeline, particularly its lead candidate brilaroxazine (RP5063), which is being developed for schizophrenia and explored for additional indications such as pulmonary arterial hypertension (PAH) and idiopathic pulmonary fibrosis (IPF).
News updates commonly cover clinical trial milestones, including data from the Phase 3 RECOVER program in schizophrenia and its 1-year open-label extension. Reviva has reported broad-spectrum efficacy across major symptom domains, reductions in proinflammatory cytokines, and long-term safety and tolerability data for brilaroxazine. The company also releases information on biomarker research, such as vocal biomarker analyses that use speech latency to characterize negative symptoms and enrich antipsychotic clinical trials.
Regulatory and corporate developments are another key theme in RVPH news. Investors can follow announcements related to FDA interactions, including pre-New Drug Application (pre-NDA) feedback recommending a second Phase 3 trial in schizophrenia, as well as plans for the RECOVER-2 registrational study, subject to financing. Updates on Orphan Drug Designation for PAH and IPF, European patent grants for pulmonary fibrosis, and broader intellectual property strategy are also featured.
In addition, the news flow includes participation in scientific meetings, investor conferences, and key opinion leader events, where Reviva presents clinical and mechanistic data on brilaroxazine. For market participants tracking RVPH stock, this page consolidates company-issued press releases on clinical data, regulatory guidance, financing transactions, and strategic presentations in one place.
Reviva Pharmaceuticals (NASDAQ: RVPH) has been added to the Russell Microcap® Index as of June 28, 2021, following the annual reconstitution of the Russell U.S. Indexes. This inclusion, which identifies the largest U.S. stocks based on market capitalization, is expected to enhance Reviva's visibility among investors, particularly as the company plans to initiate a Phase 3 trial for its schizophrenia treatment later this year. The Russell Indexes are widely used by investment managers and benchmark over $9 trillion in assets.
Reviva Pharmaceuticals Holdings, Inc. (NASDAQ: RVPH) has priced an upsized public offering of 8,000,000 shares of common stock at $3.75 each, along with investor warrants for an additional 6,000,000 shares. Gross proceeds are expected to total approximately $30 million, aimed at advancing the clinical development of brilaroxazine for treating schizophrenia and for general corporate purposes. The offering is set to close on June 1, 2021. Maxim Group LLC is the lead underwriter, with a 45-day option granted for underwriters to purchase additional shares.
Reviva Pharmaceuticals (NASDAQ: RVPH) announced positive results from its Phase 2 clinical trial for RP5063 (brilaroxazine) aimed at treating Acute Schizophrenia in 234 patients. The trial successfully met its primary endpoint by demonstrating a significant reduction in the Positive and Negative Syndrome Scale (PANSS) total score by 20 points compared to placebo. Importantly, the drug showed improved safety with no metabolic or endocrine side effects. Reviva is optimistic about obtaining a 'Superior Safety' label claim from the FDA pending results from a pivotal Phase 3 study.
Reviva Pharmaceuticals Holdings, Inc. (NASDAQ: RVPH) has successfully closed its merger with Tenzing Acquisition Corp, marking its public listing. The company reported a 2020 net loss of $3.8 million, compared to $847,000 the previous year. Reviva plans to initiate a pivotal Phase 3 trial for its lead asset, brilaroxazine, targeting schizophrenia. The trial is expected to start in mid-2021, contingent on achieving fundraising goals. As of December 31, 2020, Reviva had $8.8 million in cash, allowing it to cover operating expenses through 2021.
Reviva Pharmaceuticals (NASDAQ: RVPH) announced its participation in the Maxim Group Inaugural Emerging Growth Virtual Conference scheduled for March 17-19, 2021. The company will feature a pre-recorded presentation and engage in a live fireside chat on March 17 from 4:30 – 5:00 pm ET. Webcasts will be accessible via the conference portal and Reviva's investor website. Reviva focuses on developing therapies for unmet medical needs in CNS, cardiovascular, and metabolic diseases, with pipeline candidates RP5063 and RP1208.
Reviva Pharmaceuticals (NASDAQ: RVPH) announced its participation at the H.C. Wainwright Global Life Sciences Conference, held virtually on March 9-10, 2021. Attendees can access a pre-recorded presentation on-demand starting March 9 at 7 a.m. ET. Reviva focuses on developing therapies for the central nervous system, cardiovascular, metabolic, and inflammatory diseases, with its lead candidate, RP5063 (brilaroxazine), targeting schizophrenia and other mental health disorders. The company is committed to addressing unmet medical needs amidst industry challenges.
Reviva Pharmaceuticals Holdings, Inc. has successfully completed its merger with Tenzing Acquisition Corp., transitioning to the ticker symbols RVPH for common stock and RVPHW for warrants effective December 15, 2020. This combination enables Reviva to access public markets and drive clinical development of its lead drug, Brilaroxazine (RP5063), which is positioned to address unmet needs in CNS and respiratory diseases. The partnership aims to enhance shareholder value and expedite treatment advancements, particularly for schizophrenia and pulmonary hypertension.