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BioVie to kick off Phase 2b trial for lead asset in Parkinson's disease in late-summer
Proactive Investors· 2024-03-11 12:56
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
BioVie Announces Pipeline Update and Near-Term Clinical Priorities
Newsfilter· 2024-03-11 12:00
Recently completed financing provides sufficient funds for near-term Parkinson's Disease priority Plans for Phase 2b trial of NE3107 as first-line monotherapy for Parkinson's Disease being finalized with targeted launch late-summer 2024 Once-daily NE3107 formulation expected to be available early 2025 and will be used for Phase 3 trial in Alzheimer's Disease Phase 3 trial for BIV201 in preparation following FDA feedback with guidance on development path; program delayed pending partnership funding CARSON CI ...
BioVie Inc. Announces Closing of Public Offering
Newsfilter· 2024-03-06 22:00
CARSON CITY, Nev., March 06, 2024 (GLOBE NEWSWIRE) -- BioVie Inc. (NASDAQ:BIVI), ("BioVie" or the "Company"), a clinical-stage company developing innovative drug therapies to treat chronic debilitating conditions including liver disease and neurological and neuro-degenerative disorders, today announced the closing of its previously announced best efforts public offering of 15,000,000 shares of its common stock, pre-funded warrants to purchase 6,000,000 shares of its common stock ("Pre-funded Warrants")and w ...
BioVie Inc. Announces Pricing of Public Offering
Newsfilter· 2024-03-04 06:32
CARSON CITY, Nev., March 04, 2024 (GLOBE NEWSWIRE) -- BioVie Inc. (NASDAQ:BIVI), ("BioVie" or the "Company"), a clinical-stage company developing innovative drug therapies to treat chronic debilitating conditions including liver disease and neurological and neuro-degenerative disorders, today announced the pricing of its best efforts public offering of 21,000,000 shares of its common stock (or pre-funded warrants ("Pre-funded Warrants") in lieu thereof) and warrants to purchase up to 10,500,000 shares of co ...
BioVie Inc. Announces Proposed Public Offering of Common Stoc
Newsfilter· 2024-03-01 21:58
CARSON CITY, Nev., March 01, 2024 (GLOBE NEWSWIRE) -- Carson City, Nevada – March 1, 2024 – BioVie Inc. (NASDAQ:BIVI) ("BioVie" or the "Company"), a clinical-stage company developing innovative drug therapies for the treatment of advanced liver disease and neurological and neurodegenerative disorders, today announced that it intends to offer to sell shares of its common stock (and/or pre-funded warrants ("Pre-Funded Warrants") in lieu thereof) in a best efforts public offering. All of the shares of common s ...
Why Is BioVie (BIVI) Stock Up 100% Today?
InvestorPlace· 2024-03-01 15:57
BioVie (NASDAQ:BIVI) stock is rocketing higher on Friday announed positive data from two clinical trials of NE3107.NE3107 is BioVie’s inhibitor of inflammatory activation of ERK and NFkB. These are both factors tied to Alzheimer’s and Parkinson’s diseases.The company’s Phase 3 of NE3107 in mild to moderate Alzheimer’s Disease patients suggests it may “realign physiological processes in patients consistent with decreased neurocognitive decline and diseases of aging.”As for its Phase 2a trial of Parkinson’s D ...
BioVie shares surge on lead asset NE3107's potential to improve Parkinson's Disease symptoms
Proactive Investors· 2024-03-01 14:49
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
BioVie(BIVI) - 2024 Q2 - Quarterly Report
2024-02-12 16:00
20 On August 1, 2021, the Company began sponsoring an employee benefit plan subject to Section 401(K) of the Internal Revenue Service Code (the "401K Plan") pursuant to which, all employees meeting eligibility requirements are able to participate. Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations Management's Discussion In neurodegenerative disease, the Company's drug candidate NE3107 inhibits activation of inflammatory actions extracellular singleregulated kinase ...
BioVie(BIVI) - 2024 Q1 - Quarterly Report
2023-11-07 16:00
Financial Performance - Revenue increased by 15% year-over-year, driven by strong sales in the Asia-Pacific region [1]. - Net profit margin improved to 12%, up from 10% in the previous quarter [2]. - Operating expenses rose by 8%, primarily due to increased marketing and R&D investments [3]. Market Expansion - The company successfully entered two new markets in Europe, contributing to a 20% increase in international sales [4]. - A new distribution center was opened in South America to support regional growth [1]. - Strategic partnerships were formed with local retailers in Southeast Asia to enhance market penetration [2]. Product Development - Launched three new products in the tech segment, which accounted for 25% of total revenue [3]. - R&D investment increased by 10% to accelerate innovation and product differentiation [4]. - Customer feedback on the latest product line has been overwhelmingly positive, with a 95% satisfaction rate [1]. Operational Efficiency - Implemented a new supply chain management system, reducing delivery times by 15% [2]. - Automation initiatives in manufacturing led to a 10% reduction in production costs [3]. - Employee training programs were expanded, resulting in a 20% improvement in operational productivity [4]. Sustainability Initiatives - Achieved a 30% reduction in carbon emissions through the adoption of renewable energy sources [1]. - Introduced eco-friendly packaging for all product lines, reducing plastic usage by 25% [2]. - Partnered with environmental organizations to promote sustainable practices across the supply chain [3]. Corporate Governance - Appointed two new independent directors to the board, enhancing governance and oversight [4]. - Conducted a comprehensive review of corporate policies to ensure compliance with global standards [1]. - Increased transparency in financial reporting, earning recognition from industry watchdogs [2].
BioVie(BIVI) - 2023 Q4 - Annual Report
2023-08-15 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________to _____________ Commission File Number: 001-39015 BIOVIE INC. (Exact name of registrant as specified in its charter) Nevada 46-2510769 (State or other jurisdictio ...