Tevogen Bio
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Tevogen Board to Evaluate Potential One-Time Special Cash Dividend to Shareholders
Globenewswire· 2026-01-30 20:00
Core Viewpoint - Tevogen Bio Holdings Inc. is considering a one-time special cash dividend for shareholders, contingent on achieving specific financial milestones in the future [1][2]. Financial Performance - The potential declaration of a special dividend will depend on the company's future financial performance, capital requirements, and compliance with solvency laws [2]. - There is no guarantee that a dividend will be declared, nor any assurance regarding the timing or amount [2]. Company Overview - Tevogen is a healthcare enterprise focused on affordability, efficiency, and scientific rigor, utilizing AI and precision T cell therapy platforms [4]. - The company aims to develop advanced therapies across various therapeutic areas, including virology, oncology, and neurology, leveraging its proprietary ExacTcell™ platform [5]. Strategic Initiatives - Tevogen is exploring future strategic initiatives that may include domestic generics, biosimilars, medical devices, and innovative insurance solutions [7]. - These initiatives reflect the company's mission to enhance sustainable innovation and broaden patient access to healthcare [7]. Technological Advancements - Tevogen.AI aims to transform drug development by improving target detection and optimizing clinical trial design through predictive technologies [6]. - The platform collaborates with leading technology providers to facilitate rapid and cost-efficient therapeutic discovery [6].
Tevogen to Align Long-Term Stock-Based Incentive Program With Company Milestones, Including Revenue
Globenewswire· 2026-01-29 19:45
Core Insights - Tevogen Bio Holdings Inc. is modifying its long-term stock incentive program to align with specific company milestones, including revenue targets, applicable to all eligible employees and consultants [1][7]. Company Overview - Tevogen has transitioned from a T cell therapy biotech to a diversified healthcare company, aiming to launch at least four blockbuster products by 2030 and generate revenue in 2026 through current programs, asset acquisitions, and joint ventures [2]. - The company operates on principles of affordability, efficiency, and scientific rigor, utilizing advanced AI and precision T cell therapy platforms to develop life-saving therapies across various therapeutic areas [2]. Product Development - Tevogen Bio's lead initiative has successfully completed a proof-of-concept clinical trial for its genetically unmodified allogeneic T cells, with a pipeline that includes programs in virology, oncology, and neurology based on the proprietary ExacTcell™ platform [3]. - Tevogen.AI aims to enhance drug development by improving target detection, reducing failure rates, and optimizing clinical trial designs through predictive technologies, leveraging cloud services from major tech providers [4]. Strategic Initiatives - The company is exploring future initiatives that may encompass domestic generics, biosimilars, medical devices, and innovative insurance solutions, reflecting its mission to promote sustainable innovation and broaden patient access to healthcare [5].
Tevogen Demonstrates Platform Scalability and Multi-Indication T Cell Pipeline Expansion in 2025
Globenewswire· 2026-01-12 14:00
Core Insights - Tevogen Bio Holdings Inc. reported significant scientific and operational milestones in 2025, focusing on scalable cell therapy development [1][5] Group 1: Platform Development - Tevogen advanced its proprietary ExacTcell™ platform, enhancing laboratory yields of target-specific cytotoxic T lymphocytes (CTLs) to improve consistency and throughput [2][3] - The improvements in the ExacTcell™ platform are aimed at enabling efficient clinical supply and supporting future clinical and commercial manufacturing across multiple programs [3] Group 2: Pipeline Expansion - Tevogen completed T cell target identification for five additional HLA restrictions, significantly expanding potential patient coverage for its SARS-CoV-2-specific CTL product [4] - The company advanced target discovery and preclinical activities for CTL therapies, supported by its advanced analytics division, Tevogen.AI, which aids in peptide target identification and prioritization [4][9] Group 3: Strategic Positioning - The CEO of Tevogen emphasized that 2025 was a defining year, highlighting the establishment of a scalable CTL platform and the foundation for manufacturing necessary for clinical and commercial outcomes [5] - Tevogen is exploring future strategic initiatives, including domestic generics, biosimilars, medical devices, and innovative insurance solutions, to broaden patient access and advance sustainable innovation [10]
Tevogen CEO Donates Shares to Support Education for Underprivileged Children
Globenewswire· 2025-12-22 17:40
Core Viewpoint - Tevogen Bio Holdings Inc. has made a significant charitable contribution of 230,000 shares to support underserved communities through a recognized nonprofit organization [2][3] Company Overview - Tevogen is a next-generation healthcare enterprise focused on affordability, efficiency, and scientific rigor, utilizing AI and precision T cell therapy platforms [4] - The company aims to develop advanced therapies across various therapeutic areas and enhance the healthcare system's scalability [4] Clinical Development - Tevogen Bio has completed a proof-of-concept clinical trial for its genetically unmodified allogeneic T cells, indicating potential in treating various diseases [5] - The pipeline includes programs in virology, oncology, and neurology, leveraging the proprietary ExacTcell™ platform [5] Technological Innovation - Tevogen.AI is designed to enhance drug development by improving target detection and clinical trial design through predictive technologies [6] - The platform collaborates with major technology providers like Microsoft and Databricks to facilitate rapid therapeutic discovery [6] Strategic Initiatives - The company is exploring future initiatives in domestic generics, biosimilars, medical devices, and innovative insurance solutions to broaden patient access [7] - These initiatives align with Tevogen's mission to promote sustainable innovation and create a more equitable healthcare model [7]
Tevogen CEO Donates Personal Shares to Support Local Fire Department
Globenewswire· 2025-12-19 16:10
Core Viewpoint - Tevogen Bio Holdings Inc. demonstrates its commitment to community support through a significant donation of 50,000 shares by its Founder and CEO, Dr. Ryan Saadi, to the Mt. Bethel Fire Company, reflecting the company's dedication to local first responders and the Warren Township community [2][3][4]. Company Overview - Tevogen is a next-generation healthcare enterprise focused on affordability, efficiency, and scientific rigor, utilizing advanced artificial intelligence and precision T cell therapy platforms to develop life-saving therapies [5]. - The company has an estimated asset valuation of $10 billion and a secured cash runway for commercialization, indicating strong financial health and growth potential [4]. Clinical and Technological Advancements - Tevogen Bio has completed a proof-of-concept clinical trial for its single-HLA–restricted, genetically unmodified allogeneic T cells, with a pipeline that includes programs in virology, oncology, and neurology [6]. - The Tevogen.AI platform aims to transform drug development by enhancing target detection and optimizing clinical trial design, utilizing cloud and data services from major technology providers [7][8]. Strategic Initiatives - Tevogen is exploring future initiatives that may include domestic generics, biosimilars, medical devices, and innovative insurance solutions, reflecting its mission to advance sustainable innovation and broaden patient access [9].
Tevogen CEO Supports Local Law Enforcement with Personal Contribution of 230,000 Company's Shares of Common Stock
Globenewswire· 2025-12-11 20:15
Core Viewpoint - Tevogen Bio Holdings Inc. has made a significant contribution to the Warren Township Honorary Policemen's Benevolent Association, with its Founder and CEO, Dr. Ryan Saadi, donating 230,000 shares of common stock to support local community initiatives [2][3][4]. Group 1: Donation Impact - The donation will be utilized to acquire critical equipment that enhances the safety of police officers and residents, thereby strengthening community services [6][7]. - The contribution reflects a commitment to community welfare and acknowledges the importance of law enforcement in maintaining safety [5][8]. Group 2: Company Overview - Tevogen is recognized for its disciplined execution and has a significant multi-billion-dollar potential in its long-term vision, emphasizing responsibility towards the communities it serves [9]. - The company operates as a next-generation healthcare enterprise, focusing on affordability, efficiency, and scientific rigor, leveraging advanced technologies for developing life-saving therapies [11]. Group 3: Research and Development - Tevogen Bio has completed a proof-of-concept clinical trial for its T cell therapy, with a pipeline that spans virology, oncology, and neurology [12]. - The company is also developing Tevogen.AI, a platform aimed at transforming drug development through advanced predictive technologies [13]. Group 4: Future Initiatives - Tevogen is exploring strategic initiatives that may include domestic generics, biosimilars, medical devices, and innovative insurance solutions, reflecting its mission to advance sustainable innovation in healthcare [14].
Tevogen CEO Supports Local Law Enforcement with Personal Contribution of 230,000 Company’s Shares of Common Stock
Globenewswire· 2025-12-11 20:15
Core Points - Tevogen Bio Holdings Inc. announced a significant donation of 230,000 shares from its Founder and CEO, Dr. Ryan Saadi, to the Warren Township Honorary Policemen's Benevolent Association [2][10] - The donation aims to support local community initiatives, including safety equipment for police officers and community welfare programs [3][6] Company Overview - Tevogen is a next-generation healthcare enterprise focused on affordability, efficiency, and scientific rigor, utilizing advanced technologies for developing life-saving therapies [11] - The company has a diverse pipeline that includes programs in virology, oncology, and neurology, leveraging its proprietary ExacTcell™ platform [12] Community Engagement - The donation reflects Tevogen's commitment to community responsibility and enhancing the safety of local law enforcement [9][8] - The funds will be allocated for critical equipment to improve the safety and effectiveness of police services in Warren Township [6][7]
Tevogen Celebrates Board Member Dr. Curtis Patton, Honored by Yale University for Distinguished Career and Lasting Contributions to Medical Education and Equity in Medicine
Globenewswire· 2025-12-09 19:20
Core Insights - Tevogen Bio Holdings Inc. recognizes Dr. Curtis Patton for his significant contributions to the field of medicine and the company, particularly in advancing its ExacTcell™ precision T cell platform and achieving revenue forecasts exceeding $1 billion [3][4]. Company Overview - Tevogen is a next-generation healthcare enterprise focused on affordability, efficiency, and scientific rigor, leveraging AI and precision T cell therapy platforms to develop life-saving therapies [6]. - The company has completed a proof-of-concept clinical trial for its allogeneic T cells, with a pipeline that includes programs in virology, oncology, and neurology [7]. Technological Advancements - Tevogen.AI aims to transform drug development by enhancing target detection and optimizing clinical trial design through proprietary predictive technologies, utilizing cloud services from major tech providers [8]. Strategic Initiatives - The company is exploring future initiatives that may include domestic generics, biosimilars, medical devices, and innovative insurance solutions, reflecting its mission to advance sustainable innovation and broaden patient access [9].
Tevogen Recognized on 2025 NJBIZ Power List Amid Growth and Multi-Billion-Dollar Revenue Outlook
Globenewswire· 2025-12-08 19:50
Core Insights - Tevogen Bio Holdings Inc. has been recognized in the 2025 New Jersey Power List by NJBIZ for its influence on the state's economic and innovation landscape [1][2] Company Overview - Tevogen is a next-generation healthcare enterprise focused on affordability, efficiency, and scientific rigor, utilizing AI and precision T cell therapy platforms [4] - The company is committed to advancing life-saving therapies across various therapeutic areas and aims to broaden patient access through innovative healthcare solutions [7] Technological Advancements - The ExacTcell™ platform is a key innovation, with a pipeline addressing infectious diseases, oncology, and neurology [2][5] - Tevogen.AI technology is designed to enhance drug development by improving target detection and clinical trial design, leveraging cloud services from major tech providers [6] Financial Projections - Tevogen anticipates approximately $1 billion in first-year specialty-care revenue and a cumulative five-year revenue forecast of $18–22 billion [2] Expansion and Commitment - The company is expanding its operations with a new 17,428-square-foot manufacturing facility and headquarters, which will centralize R&D and regulatory functions [3]
Why Heartbeam Shares Are Trading Higher By Around 43%; Here Are 20 Stocks Moving Premarket - Anglogold Ashanti (NYSE:AU), HeartBeam (NASDAQ:BEAT)
Benzinga· 2025-11-28 09:49
Core Insights - Heartbeam Inc's shares increased significantly by 43.3% to $0.86 in pre-market trading following the announcement of its regulatory strategy after the FDA's Not Substantially Equivalent decision on its Electrocardiogram Synthesis Software [1][2] Company Developments - Heartbeam is exploring multiple regulatory options, including an appeal process or a 510(k) resubmission to demonstrate that its device is equivalent to legally marketed products [1] Market Movements - Other notable pre-market stock movements include: - SMX PLC surged 73.1% to $30.12 after a previous jump of 194% [6] - Zenta Group Co Ltd gained 26.7% to $3.18 [6] - Waton Financial Ltd rose 21.1% to $3.74 [6] - Verrica Pharmaceuticals Inc increased by 9.7% to $7.36 after announcing a $50 million private placement [6] - Conversely, several companies experienced declines, such as: - FBS Global Ltd fell 24.3% to $0.51 [6] - Tilray Brands Inc declined 15% to $0.88 following a reverse stock split announcement [6] - Solo Brands Inc dipped 14.4% to $7.19 after reporting disappointing third-quarter results [6]