STOCK TITAN

Theriva™ Biologics Announces Results from VCN-01 Phase 1 Clinical Trial in Head and Neck Cancer Published in Clinical Cancer Research

(Neutral)

Theriva Biologics (NYSE American:TOVX) reported Phase 1 results of IV VCN-01 plus durvalumab in metastatic, immunotherapy-refractory head and neck squamous cell carcinoma.

The 20-patient trial showed prolonged overall survival (up to 17.3 months) and pharmacokinetic and biomarker changes consistent with VCN-01’s stroma-degrading and immune-enhancing mechanisms.

Loading...
Loading translation...

Positive

  • Median overall survival reached 10.3, 15.5, and 17.3 months in the three treatment arms
  • Median progression-free survival was 1.6, 3.7, and 2.1 months across Arms I LD, II LD, and II HD
  • Circulating PH20 hyaluronidase levels rose significantly post-VCN-01, detectable to day 28 in 11 of 12 patients
  • VCN-01 viral genomes showed a secondary blood peak on days 3–8, consistent with intratumoral replication
  • Tumor biopsies showed increased CD8 and IDO and reduced FoxP3, CD25, CTLA4, indicating enhanced cytotoxic T-cell activity and lower Tregs
  • Post-treatment PD-1/PD-L1 upregulation in tumors correlated with survival, suggesting contribution of VCN-01 plus durvalumab to clinical outcomes

Negative

  • None.

News Market Reaction – TOVX

+26.08% 101.6x vol
36 alerts
+26.08% News Effect
+100.9% Peak in 4 hr 14 min
+$4M Valuation Impact
$20.39M Market Cap
101.6x Rel. Volume

On the day this news was published, TOVX gained 26.08%, reflecting a significant positive market reaction. Argus tracked a peak move of +100.9% during that session. Our momentum scanner triggered 36 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $4M to the company's valuation, bringing the market cap to $20.39M at that time. Trading volume was exceptionally heavy at 101.6x the daily average, suggesting very strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +26.1% in the session following this news. A strong positive reaction aligns with T...
Analysis

The stock surged +26.1% in the session following this news. A strong positive reaction aligns with Theriva’s pattern of sharp moves around VCN-01 data, though prior clinical wins have sometimes reversed. Investors have faced dilution risk from warrant-linked shares and an active resale shelf covering 16,184,560 shares. With mixed historical responses to clinical news and ongoing capital needs, sustainability of a large upswing has depended on how markets weigh survival signals in refractory HNSCC against financing overhang.

Key Figures

Patients enrolled: 20 patients VCN-01 low dose: 3.3E12 virus particles VCN-01 high dose: 1.0E13 virus particles +5 more
8 metrics
Patients enrolled 20 patients Phase 1 VCN-01 HNSCC trial
VCN-01 low dose 3.3E12 virus particles Arm I LD and Arm II LD IV administration
VCN-01 high dose 1.0E13 virus particles Arm II HD IV administration
Durvalumab dose 1500 mg/q4w Fixed IV dose following VCN-01
Median PFS Arm II LD 3.7 months Sequential low-dose VCN-01 then durvalumab
Median OS Arm II HD 17.3 months Sequential high-dose VCN-01 then durvalumab
PH20 detectable patients 11 of 12 patients Day 28 PH20 levels after VCN-01
Median OS Arm I LD 10.3 months Concomitant low-dose VCN-01 with durvalumab

Previous Clinical trial Reports

5 past events · Latest: Mar 23 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 23 Phase 3 design cleared Positive +8.4% FDA provided positive End-of-Phase 2 feedback enabling pivotal Phase 3 PDAC trial.
Dec 29 EMA trial guidance Positive +2.4% EMA CHMP backed Phase 3 PDAC design with OS primary endpoint and adaptive design.
May 27 Retinoblastoma data Positive -5.5% Phase 1 retinoblastoma and VIRAGE topline review plans highlighted encouraging early results.
May 07 VIRAGE topline PDAC Positive -40.4% VIRAGE Phase 2b showed improved survival and PFS for VCN-01 plus chemotherapy vs control.
Apr 10 SYN-004 trial data Positive +11.4% Presented safety and PK data from Phase 1b/2a SYN-004 trial in HCT recipients.

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

Pattern Detected

Clinical-trial news for TOVX has produced mixed reactions, with several positive updates sold off despite constructive regulatory and efficacy signals.

Recent Company History

Over the past year, Theriva’s key catalysts have centered on VCN-01 clinical and regulatory milestones. EMA and FDA advice supported a single pivotal Phase 3 PDAC trial, and VIRAGE Phase 2b delivered improved survival with repeat dosing. Additional Phase 1 and Phase 2 presentations in retinoblastoma and pancreatic cancer reinforced an immune-mediated mechanism. Today’s Phase 1 HNSCC data continue the theme of validating VCN-01 across solid tumor settings, but prior history shows that even clearly positive trial updates have sometimes led to share-price weakness.

Key Terms

overall survival, progression-free survival, oncolytic adenovirus, immune checkpoint inhibitor, +4 more
8 terms
overall survival medical
"Prolonged overall survival (OS) was observed in heavily pre-treated..."
Overall survival is the average or median length of time patients remain alive after starting a treatment or entering a clinical study, measured regardless of cause of death. Investors care because it is a clear, hard measure of a therapy’s real-world benefit — like timing how long a new battery actually runs — and strong improvements in overall survival can drive regulatory approval, market adoption and revenue potential.
progression-free survival medical
"Median progression-free survival (PFS) was 1.6 months in Arm I LD..."
Progression-free survival is the length of time during and after a treatment that a patient's disease does not get worse, measured from the start of treatment until the disease shows measurable signs of progression or the patient dies. Investors care because longer progression-free survival in clinical trials often signals that a drug is effective, improving chances of regulatory approval, market adoption, and revenue potential—think of it as a stopwatch showing how long a therapy can keep the illness at bay.
oncolytic adenovirus medical
"Phase I trial of intravenous VCN-01 oncolytic adenovirus and durvalumab..."
An oncolytic adenovirus is a virus based on adenovirus that has been modified to preferentially infect and kill cancer cells and often to activate the immune system against tumors—imagine a guided missile that both destroys cancer cells and raises an alarm for the body's defenses. Investors should note these therapies can deliver large upside if clinical trials prove effective, but they carry substantial clinical, manufacturing and regulatory risks that can cause big valuation swings.
immune checkpoint inhibitor medical
"prior to the immune checkpoint inhibitor durvalumab"
An immune checkpoint inhibitor is a type of medicine that helps the body's immune system recognize and attack cancer cells more effectively. It works by blocking certain signals that cancer uses to hide from immune defenses, allowing the immune system to target tumors. This breakthrough has led to new cancer treatments, making immune checkpoint inhibitors an important area of growth and innovation in the healthcare industry.
hyaluronidase medical
"stroma-degrading hyaluronidase enzyme PH20 (expressed during selective..."
Hyaluronidase is an enzyme that breaks down hyaluronic acid, the gel-like substance that helps tissues hold water and stay plump. Think of it as tiny scissors that loosen the “glue” between cells so injected medicines spread more quickly or excess filler can be dissolved; investors watch it because it appears in marketed drugs, delivery technologies and safety tools, so approvals, patents or supply changes can affect product value and revenue.
pd-l1 medical
"Increased levels of PD-L1 positive T-cells and other biomarkers were found..."
PD-L1 is a protein found on the surface of some cells that acts like a stop sign for the immune system, telling certain immune cells to back off. It matters to investors because many cancer drugs and diagnostic tests target or measure PD-L1 to unlock immune responses or predict which patients will benefit, affecting clinical success, regulatory approval, and potential sales in the oncology market.
ctla4 medical
"Diminished levels of FoxP3, CD25, and CTLA4 were also observed..."
ctla4 is a protein on immune T cells that acts like a brake, preventing the immune system from attacking other cells. Drugs that block CTLA‑4 release that brake to boost immune attack on tumors or reduce overactive immune responses; outcomes of related trials, approvals or safety issues can sharply change a biotech company’s prospects and stock value, similar to how a new engine upgrade can transform a car’s performance.
tregs medical
"consistent with a reduction in tumor Tregs and inhibition of tumor immunosuppression."
Regulatory T cells (Tregs) are a type of immune cell that act like the body’s brakes or thermostat, keeping immune responses in balance to prevent excessive inflammation or attacks on healthy tissue. For investors, Tregs matter because therapies that increase or decrease their activity are central to treatments for autoimmune diseases, transplant rejection and some cancers; changes in clinical trial results or regulatory decisions around Treg-targeting drugs can quickly alter a company’s valuation and risk profile.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

– Prolonged overall survival (OS) was observed in heavily pre-treated refractory Head & Neck Squamous Cell Carcinoma (HNSCC) patients administered IV VCN-01 prior to the immune checkpoint inhibitor durvalumab –

– Pharmacokinetic, tissue biopsy, radiomic and transcriptomic results all support the proposed VCN-01 stroma-degrading and immune enhancing modes-of-action and resensitization of refractory tumors to durvalumab -

– Increased levels of PD-L1 positive T-cells and other biomarkers were found in patients after sequential administration of VCN-01 and durvalumab, consistent with reactivation of immune responses –

ROCKVILLE, Md., June 11, 2026 (GLOBE NEWSWIRE) -- Theriva™ Biologics, Inc. (NYSE American: TOVX), a diversified clinical-stage company developing therapeutics designed to treat cancer and related diseases in areas of high unmet need, today announced that clinical and translational results from VCN-01’s Phase 1 clinical trial in Head & Neck Squamous Cell Carcinoma (HNSCC) were recently published on-line first in the journal Clinical Cancer Research. The article, titled “Phase I trial of intravenous VCN-01 oncolytic adenovirus and durvalumab in patients with head and neck metastatic squamous cell carcinoma refractory to immunotherapy”, can be read here.

“We are very excited to see Clinical Cancer Research share the VCN-01 results in immunotherapy-refractory metastatic HNSCC patients with the broad oncology community,” said Ricard Mesia (Catalan Institute of Oncology, ICO), expert on HNSCC and coordinating investigator in this study. “The trial demonstrates the ability of VCN-01 to resensitize tumors from these heavily pretreated patients to the immune checkpoint inhibitor durvalumab. Pharmacokinetic, tissue biopsy, radiomic and transcriptomic results from the study all support the VCN-01 stroma-degrading mode-of-action, being investigated to enhance tumor penetration by VCN-01 and coadministered therapies and enable/enhance an anti-tumor immune response. There are very few treatment options available to immunotherapy-refractory metastatic HNSCC patients, and the clinically impactful findings from this report encourage further clinical development of VCN-01 with immune checkpoint inhibitors or other immune modulating anticancer therapies.”

Data summary – VCN-01 Phase 1 clinical trial (NCT03799744) in metastatic, immunotherapy-refractory Head & Neck Squamous Cell Carcinoma (HNSCC)

The trial enrolled 20 adult patients with refractory or metastatic HNSCC, whose disease progressed despite previous therapies, including anti-PD-(L)1 immune checkpoint inhibitors. Six patients were enrolled into the concomitant Arm I LD of the study and were administered IV low dose VCN-01 (3.3E12 virus particles; LD) four hours prior to a fixed IV dose of durvalumab (1500 mg/q4w). Eight patients were enrolled into the sequential Arm II LD of the study, receiving low dose IV VCN-01 14 days prior to IV durvalumab administration. An additional six patients were entered into Arm II HD, receiving high dose IV VCN-01 (1.0E13 virus particles; HD) 14 days prior to IV durvalumab administration.

  • Median progression-free survival (PFS) was 1.6 months in Arm I LD, 3.7 months in Arm II LD, and 2.1 months in Arm II HD.
  • Median overall survival (OS) was 10.3 months in Arm I LD, 15.5 months in Arm II LD, and 17.3 months in Arm II HD.
  • Circulating levels of the stroma-degrading hyaluronidase enzyme PH20 (expressed during selective VCN-01 intratumoral replication) increased significantly after VCN-01 administration in all tested patients, peaking on day 3-8 for most patients and detectable until day 28 in 11 of 12 patients.
  • Similarly, VCN-01 viral genome levels detected in patient blood exhibited an initial peak immediately following administration and a secondary peak on day 3-8, consistent with continued viral replication in tumors followed by a return of virus to circulation.
  • Upregulation of CD8 and IDO was observed in tumor biopsy samples, consistent with increased tumor infiltration by activated cytotoxic T cells – historically associated with increased HNSCC patient survival. Diminished levels of FoxP3, CD25, and CTLA4 were also observed, consistent with a reduction in tumor Tregs and inhibition of tumor immunosuppression.
  • Tumor biopsies revealed upregulation of PD-1 and PD-L1 in most patients following VCN-01 administration that correlated with patient survival, suggesting that immune system activity and heightened PD-L1 expression in tumors contributed to the improved outcomes from VCN-01 and durvalumab combination.

About Theriva™ Biologics, Inc.

Theriva™ Biologics (NYSE American: TOVX), is a diversified clinical-stage company developing therapeutics designed to treat cancer and related diseases in areas of high unmet need. The Company’s subsidiary Theriva Biologics, S.L., has been developing a new oncolytic adenovirus platform designed for intravenous (IV), intravitreal and antitumoral delivery to trigger tumor cell death, improve access of co-administered cancer therapies to the tumor, and promote a robust and sustained anti-tumor response by the patient’s immune system. The Company’s lead clinical-stage candidate is VCN-01 (zabilugene almadenorepvec), an oncolytic adenovirus designed to replicate selectively and aggressively within tumor cells, and to degrade the tumor stroma barrier that serves as a significant physical and immunosuppressive barrier to cancer treatment. An exploratory clinical trial with SYN-004 (ribaxamase) in allogeneic hematopoietic cell transplant (HCT) recipients has completed 2 of 3 cohorts, with initiation of the third cohort dependent on additional funding. SYN-004 (ribaxamase) is designed to degrade certain commonly used IV beta-lactam antibiotics within the gastrointestinal (GI) tract to prevent microbiome damage, thereby limiting overgrowth of pathogenic organisms such as VRE (vancomycin resistant Enterococci) and reducing the incidence and severity of acute graft-versus-host-disease (aGVHD). For more information, please visit Theriva™ Biologics’ website at www.therivabio.com.

Forward-Looking Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions, and include statements regarding the development of therapeutics designed to treat cancer and related diseases in areas of high unmet need; the ability of VCN-01 to resensitize tumors from these heavily pretreated patients to the immune checkpoint inhibitor durvalumab; pharmacokinetic, tissue biopsy, radiomic and transcriptomic results from the study supporting the VCN-01 stroma-degrading mode-of-action, being researched to enhance tumor penetration by VCN-01 and coadministered therapies and enable/enhance an anti-tumor immune response; the clinically impactful findings from the study report encouraging further clinical development of VCN-01 with immune checkpoint inhibitors or other immune modulating anticancer therapies; Theriva Biologics, S.L.’s development of a new oncolytic adenovirus platform designed for intravenous (IV), intravitreal and antitumoral delivery to trigger tumor cell death, improve access of co-administered cancer therapies to the tumor, and promote a robust and sustained anti-tumor response by the patient’s immune system; and the initiation of the third cohort of the exploratory clinical trial with SYN-004 (ribaxamase) in allogeneic hematopoietic cell transplant (HCT) recipients, which remains subject to additional funding; the ability of SYN-004 (ribaxamase) to degrade certain commonly used IV beta-lactam antibiotics within the gastrointestinal (GI) tract to prevent microbiome damage, thereby limiting overgrowth of pathogenic organisms such as VRE and reducing the incidence and severity of aGVHD.. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to finalize protocols for future clinical trials evaluating VCN-01 with immune checkpoint inhibitors or other immune modulating agents; result of future trials supporting further clinical development of CVN-01; the Company’s ability to obtain development funding and/or partnerships; the Company’s commencement of planned clinical trials, which remains subject to sufficient financing; the Company’s ability to raise capital and/or enter into one or more strategic alternatives, that may include a business combination, merger or reverse merger; the Company’s ability to reach clinical milestones when anticipated, including the ability to continue to enroll patients as planned; generating clinical data that establishes VCN-01 may improve patient outcomes in cancer patients; the ability to obtain regulatory approval for commercialization of product candidates or to comply with ongoing regulatory requirements, including approval of VCN-01 to treat cancer patients; regulatory limitations relating to the Company’s ability to promote or commercialize its product candidates for the specific indications; acceptance of the Company’s product candidates in the marketplace; the successful development, marketing or sale of the Company’s products; developments by competitors that render such products obsolete or non-competitive; the Company’s ability to maintain license agreements; the continued maintenance and growth of the Company’s patent estate; the ability to continue to remain well financed; and other factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and its other filings with the SEC, including subsequent periodic reports on Forms 10-Q and current reports on Form 8-K. The information in this release is provided only as of the date of this release, and Theriva Biologics undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

For further information, please contact:

Investor Relations

Kevin Gardner
LifeSci Advisors, LLC
kgardner@lifesciadvisors.com


FAQ

What were the main results of Theriva Biologics (TOVX) VCN-01 Phase 1 trial in head and neck cancer?

The Phase 1 trial showed prolonged overall survival and biological activity when VCN-01 was combined with durvalumab. According to Theriva, median overall survival reached up to 17.3 months, with biomarker changes supporting VCN-01’s stroma-degrading and immune-enhancing mechanisms in heavily pre-treated, immunotherapy-refractory head and neck cancer patients.

How many patients were enrolled in Theriva Biologics (TOVX) VCN-01 Phase 1 HNSCC trial announced June 11, 2026?

The VCN-01 Phase 1 trial in metastatic, immunotherapy-refractory HNSCC enrolled 20 adult patients. According to Theriva, participants had disease progression after prior therapies, including anti-PD-(L)1 checkpoint inhibitors, and received different dosing schedules of intravenous VCN-01 followed by durvalumab across three treatment arms.

What median overall survival was reported for the VCN-01 plus durvalumab arms in the Theriva (TOVX) Phase 1 trial?

Median overall survival ranged from 10.3 to 17.3 months across the three treatment arms. According to Theriva, Arm I LD reached 10.3 months, Arm II LD 15.5 months, and Arm II HD 17.3 months in heavily pre-treated, metastatic head and neck squamous cell carcinoma patients refractory to immunotherapy.

What progression-free survival (PFS) outcomes did Theriva Biologics (TOVX) report in the VCN-01 Phase 1 HNSCC study?

The study reported median progression-free survival of 1.6, 3.7, and 2.1 months in the three arms. According to Theriva, PFS was 1.6 months in Arm I LD, 3.7 months in Arm II LD, and 2.1 months in Arm II HD for metastatic immunotherapy-refractory HNSCC patients.

How do the biomarker changes support VCN-01’s mechanism of action in Theriva (TOVX) Phase 1 HNSCC trial?

Biomarker changes were consistent with VCN-01’s stroma-degrading and immune-enhancing modes of action. According to Theriva, increases in PH20, CD8, IDO, and PD-L1, plus reductions in FoxP3, CD25, and CTLA4, suggested improved tumor penetration, reduced immunosuppression, and reactivation of anti-tumor immune responses.

What dosing regimens of VCN-01 and durvalumab were tested in Theriva Biologics (TOVX) Phase 1 HNSCC study?

Three regimens combined low- or high-dose intravenous VCN-01 with durvalumab on different schedules. According to Theriva, Arm I LD used low-dose VCN-01 four hours before durvalumab, while Arms II LD and II HD administered low- or high-dose VCN-01 fourteen days before durvalumab infusion.