Tevogen Bio(TVGN)
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Tevogen to Release Internal Asset Valuation; CEO Affirms Assets Are Fully Protected
Globenewswire· 2025-08-14 19:55
Core Viewpoint - Tevogen Bio Holdings Inc. emphasizes its asset-rich status and plans to disclose a comprehensive inventory of its internally developed assets, which are not reflected in financial reports due to US GAAP accounting rules [2][3]. Company Overview - Tevogen possesses a significant portfolio of intangible assets, including intellectual property, drug development platforms, and proprietary artificial intelligence technology, all of which are fully protected and wholly owned by the company [3]. - The company has a strong insider ownership of 74%, indicating a commitment from its lead investor and a focus on long-term shareholder interests [3]. Future Plans and Expectations - Tevogen aims to advance its research and manufacturing capabilities, with expectations for future growth in the healthcare and biopharmaceutical industries [4]. - The company is focused on developing product candidates for the treatment of infectious diseases and cancer, highlighting its strategic direction [4].
Repeat - Tevogen.AI Expands Collaboration With Databricks and Microsoft to Build the Beta Version of Its PredicTcell™ Model With a Focus on Oncology
Globenewswire· 2025-08-13 19:53
Core Insights - Tevogen Bio Holdings Inc. is expanding its collaboration with Microsoft and Databricks to develop the beta version of its PredicTcell model, focusing on oncology [1][7] - The initiative aims to enhance the accuracy of the PredicTcell model by curating a dataset that combines oncology and virology data [2][7] - The development is supported by a recently published international patent application outlining novel machine learning systems for predicting immunologically active peptides, crucial for targeted therapies [3] Company Developments - Tevogen.AI is leveraging the Databricks Data Intelligence Platform to improve its foundational AI model, which is particularly impactful in drug discovery for oncology [2][4] - The company plans to explore external market opportunities as a potential revenue source while enhancing analytics and visualization tools for its internal R&D teams [7] - The collaboration with Microsoft and Databricks has been highlighted as a significant advantage in building the alpha version of the AI model [4]
Tevogen Bio Reaffirms Investor Confidence with Estimated Asset Value Exceeding $10 Billion
Globenewswire· 2025-08-11 19:45
Core Insights - Tevogen Bio Holdings Inc. has reiterated investor confidence and estimated its asset value to exceed $10 billion [1] - The company was recognized as the highest-valued biotech unicorn at $4.2 billion in 2022 [2] - Tevogen's leadership has achieved key milestones, including granted patents and a diverse product pipeline in multiple therapeutic areas [2] Company Valuation - HMP Partners and The Patel Family LLP estimate that Tevogen's current market value of its intellectual property and product portfolio exceeds $10 billion, excluding other assets [2] - The company is expected to have significant revenue potential due to advancements such as positive proof-of-concept clinical trials [2] - Tevogen's proprietary valuation model highlights the potential of its platform technologies and artificial intelligence initiatives [2]
REPEAT -- Tevogen Bio Specialty Care Reports Top-Line Revenue Forecast of Nearly $1 Billion in Launch Year and Cumulative 5-Year Estimate Between $18 Billion and $22 Billion
Globenewswire· 2025-08-11 17:24
Core Viewpoint - Tevogen Bio projects nearly $1 billion in revenue in its launch year for its specialty care pipeline, with a cumulative 5-year estimate between $18 billion and $22 billion, highlighting its innovative drug development model [1] Company Overview - Tevogen Bio is a clinical-stage specialty immunotherapy company focused on developing off-the-shelf, genetically unmodified T cell therapeutics to address infectious diseases and cancers, targeting significant unmet needs in large patient populations [3][4] - The company has reported positive safety data from its proof-of-concept clinical trial and owns key intellectual property assets, including three granted patents and several pending patents, two of which are related to artificial intelligence [3] Pipeline and Revenue Forecast - The revenue forecast includes $1 billion in the launch year for its oncology therapeutic area, with projections of $10 billion to $14 billion over the first five years [6] - Tevogen's product candidates include TVGN 489 for treating SARS-CoV-2 in various patient subgroups, as well as other therapeutics targeting cervical cancer, EBV-associated lymphomas, mouth and throat cancer, and multiple sclerosis [7]
REPEAT - Tevogen CEO Affirms Strong Growth, Capital Position, and AI Expansion in Letter to Stockholders
Globenewswire· 2025-08-11 13:28
Core Viewpoint - Tevogen Bio Holdings Inc. is transitioning from a biotechnology innovator to a dynamic enterprise that integrates artificial intelligence into its operations, aiming to deliver impactful and affordable therapies through advanced science and technology [1][2]. Company Developments - Tevogen has validated its proprietary ExacTcell™ platform and completed a successful proof-of-concept clinical trial for its first product, while also establishing a drug discovery R&D center and working on a GMP cell manufacturing facility [2]. - The company has built a robust intellectual property portfolio and initiated one of the pioneering AI initiatives in the industry, maintaining a 74% insider equity ownership [2][7]. AI Integration - The launch of the AI-driven PredicTcell™ platform has significantly improved target discovery efficiency, supported by strategic partnerships with technology leaders like Microsoft and Databricks [3]. - Recent patent filings have further secured Tevogen's intellectual property in AI-driven predictive modeling, positioning the company at the forefront of innovation [3]. Financial Position - Tevogen is well-capitalized and has access to necessary funding to execute its growth strategy, including the accelerated development of Tevogen.AI [4]. - The company has observed drastic time reductions in target analysis, translating to potential savings of billions in drug development costs [7]. Corporate Structure - Tevogen's new headquarters, fully funded by the CEO, centralizes R&D and AI teams to enhance innovation [7].
REPEAT - Tevogen Sees Significant Institutional Ownership Growth; 73% of Holders Increase Positions
Globenewswire· 2025-08-08 15:37
Core Insights - Tevogen Bio Holdings Inc. reported a significant increase in institutional ownership of its common stock, with a 60% rise as of March 31, 2025, compared to December 31, 2024 [2] - Major contributors to this growth were Vanguard and BlackRock, which collectively increased their holdings by 151% [2] - A notable 73% of the 51 institutional investment managers holding Tevogen stock either increased or maintained their positions, indicating a strong influx of new investors [2][3] Company Developments - The increase in institutional ownership is viewed as a positive indicator of confidence in the company's fundamentals and long-term growth potential [3] - Tevogen is advancing its Tevogen.AI initiatives, including new patent activities and collaborations with Microsoft and Databricks, which are aimed at developing targeted therapies for cancers and infectious diseases [3] - The company plans to establish its own GMP cell manufacturing facility, further supporting its growth trajectory [3] Future Outlook - Tevogen will provide another update on institutional ownership following the next SEC reporting period, indicating ongoing transparency and engagement with investors [3]
Tevogen Receives $1 Million to Accelerate AI-Driven Drug Discovery; Remains Well Capitalized to Execute Growth Strategy
Globenewswire· 2025-08-07 13:00
Core Insights - Tevogen Bio Holdings Inc. has secured $1 million in funding to enhance its artificial intelligence-driven drug discovery program, Tevogen.AI [1][6] - The funding is part of a larger agreement with KRHP LLC, which could provide up to $10 million in non-dilutive funding, including $2 million received in January 2025 [2][6] - Tevogen.AI's recent patent publication for its machine learning technology aims to improve targeted therapies for cancers and infectious diseases [2] Financial Position - The company is well-capitalized, with access to a $36 million line of credit, ensuring it can execute its growth strategy effectively [3][6] - The total potential funding from KRHP LLC, including the recent $1 million, amounts to $10 million, which will support the advancement of Tevogen.AI [2][6] Strategic Focus - The funding will be utilized to accelerate Tevogen.AI's capabilities, focusing on enhancing target discovery, shortening development timelines, and improving treatment accessibility for large patient populations [2][6]
Tevogen Sees Significant Institutional Ownership Growth; 73% of Holders Increase Positions
Globenewswire· 2025-08-06 19:59
Core Insights - Tevogen Bio Holdings Inc. reported a 60% increase in institutional ownership of its common stock as of March 31, 2025, compared to December 31, 2024 [2] - Vanguard and BlackRock were the largest contributors to this growth, increasing their holdings by 151% [2] - 73% of the 51 institutional investment managers holding Tevogen stock either increased or maintained their positions, indicating a significant influx of new investors [2][3] Company Developments - The increase in institutional ownership is viewed as a sign of confidence in Tevogen's fundamentals and long-term growth potential [3] - Tevogen is advancing its Tevogen.AI initiatives, including new patent activity and collaborations with Microsoft and Databricks [3] - The company plans to establish its own GMP cell manufacturing facility, which is expected to enhance its capabilities in developing targeted therapies for cancers and infectious diseases [3] Future Outlook - Tevogen will provide another update on institutional ownership following the next SEC reporting period, indicating ongoing monitoring of investor sentiment [3]
Tevogen.AI Expands Collaboration With Databricks and Microsoft to Build the Beta Version of Its PredicTcell™ Model With a Focus on Oncology
Globenewswire· 2025-08-05 18:32
Core Insights - Tevogen Bio Holdings Inc. is expanding its artificial intelligence initiative, Tevogen.AI, in collaboration with Microsoft and Databricks to develop the beta version of the PredicTcell model [1][2] - The new dataset being curated focuses on oncology and aims to enhance the accuracy of the existing model, which previously utilized a virology dataset [2] - The development phase is supported by a recently published international patent application that details novel machine learning systems for predicting immunologically active peptides, crucial for targeted cancer therapies [3] Company Developments - Tevogen.AI is leveraging the Databricks Data Intelligence Platform to improve its foundational AI model, particularly in the complex field of oncology [2][4] - The company is also exploring external market opportunities as a potential revenue source, which may include enhanced analytics and visualization tools for the PredicTcell model [7] Strategic Collaborations - The collaboration with Microsoft and Databricks is highlighted as a significant advantage in building the alpha version of the AI model, emphasizing the importance of high-quality datasets in drug discovery [4]
Tevogen CEO Affirms Strong Growth, Capital Position, and AI Expansion in Letter to Stockholders
Globenewswire· 2025-08-01 19:57
Core Viewpoint - Tevogen Bio Holdings Inc. is transitioning from a biotechnology innovator to a dynamic enterprise that integrates artificial intelligence into its operations, aiming to deliver impactful and affordable therapies through advanced science and technology [1][2]. Group 1: Company Developments - Tevogen has validated its proprietary ExacTcell™ platform and completed a successful proof-of-concept clinical trial for its first product, while also establishing a drug discovery R&D center and working on a GMP cell manufacturing facility [2]. - The company has launched its AI-driven PredicTcell™ platform, enhancing target discovery efficiency and forming strategic partnerships with technology leaders like Microsoft and Databricks [3]. - Tevogen has a robust intellectual property portfolio, with recent patent filings that secure its position in AI-driven predictive modeling [3]. Group 2: Financial Position and Growth Strategy - Tevogen is well-capitalized and has access to necessary funding to execute its growth strategy, including the development of Tevogen.AI [4]. - The company highlights a 74% insider equity ownership, reinforcing its long-term vision and commitment to its mission [2][7]. - The establishment of a new in-house cell therapy manufacturing facility is underway, which is expected to enhance operational capabilities [7]. Group 3: Innovation and Cost Efficiency - The collaboration with Microsoft and Databricks has led to a drastic reduction in target analysis time, potentially saving billions in drug development costs [7]. - The new headquarters, funded by the CEO, centralizes R&D and AI teams to accelerate innovation within the company [7].