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BioVie to Host Live Investor Webinar and Q&A on Oct. 8
Globenewswire· 2025-09-26 12:00
Core Insights - BioVie Inc. is a clinical-stage company focused on developing innovative drug therapies for neurological and neurodegenerative diseases, including Alzheimer's, Parkinson's, and long COVID [4] - The company will host an investor webinar on October 8, 2025, featuring CEO Cuong Do discussing their drug candidate bezisterim (NE3107) and the late-stage orphan drug BIV201 [2][3] Company Overview - BioVie Inc. is developing bezisterim, an orally available small molecule targeting inflammation and insulin resistance, which are key drivers of Alzheimer's, Parkinson's, and long COVID [2][4] - BIV201 is a late-stage orphan drug candidate for refractory ascites, a complication of liver cirrhosis, currently with no FDA-approved therapies [2][4] - The company has received FDA Fast Track status for BIV201 and is in discussions regarding the design of Phase 3 clinical testing [4] Clinical Development - Clinical studies for bezisterim have shown promising results in improving cognition, motor function, and reducing neuroinflammation [2] - BioVie is advancing several late-stage clinical programs and evaluating potential partnerships in markets with significant commercial potential [3]
BioVie Inc. Announces Closing of $12 Million Public Offering
Globenewswire· 2025-08-11 20:05
Core Viewpoint - BioVie Inc. has successfully closed a public offering of 6,000,000 units, raising approximately $12 million for working capital and general corporate purposes [1][2]. Group 1: Offering Details - Each unit in the offering consisted of one share of common stock and one warrant, priced at $2.00 per unit [1]. - The underwriter exercised an option to purchase an additional 667,300 warrants, increasing the total offering size [1]. - The warrants are immediately exercisable at an exercise price of $2.50 per share and expire five years from issuance [1]. Group 2: Use of Proceeds - The proceeds from the offering will be utilized for working capital and general corporate purposes [2]. Group 3: Company Overview - BioVie Inc. is a clinical-stage company focused on developing innovative drug therapies for chronic debilitating conditions, including neurological disorders like Alzheimer's and Parkinson's diseases, as well as liver disease [5]. - The company's drug candidate bezisterim targets neuroinflammation and insulin resistance, which are significant factors in neurodegenerative diseases [5]. - BioVie’s orphan drug candidate BIV201 is under evaluation for treating liver cirrhosis and ascites, with FDA Fast Track status [5].