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BioVersys Announces BV100 Phase 3 Initiation and Provides a Business Update
Globenewswire· 2025-12-11 06:00
Core Insights - BioVersys AG has initiated its lead asset BV100 Phase 3 clinical program, focusing on novel antibacterial products for serious infections caused by multi-drug resistant bacteria [2][4] - The company completed a successful IPO on February 7, 2025, raising CHF 76.7 million, marking the largest biotech IPO in Switzerland in seven years [3][8] - Significant clinical advancements were made in 2025, including strong Phase 2 data for BV100, which demonstrated a 50% relative reduction in all-cause mortality in patients with drug-resistant infections [4][8] Financial Developments - The IPO proceeds will fund BioVersys' operations into 2028, including the completion of the BV100 Phase 3 trial [3][8] - BioVersys received a CHF 5 million upfront payment from Shionogi as part of a global research collaboration for the BV500 program, with potential milestones of up to CHF 479 million [10] Clinical Trials and Research - The BV100 Phase 3 trial will include sites in the US, Europe, Latin America, Asia, and China, with first patient dosing expected in the coming months [5][8] - A Phase 2b trial comparing BV100 to best available therapy is planned, with funding from ADVANCE-ID, significantly reducing BioVersys' financial contribution [7][8] - The company is also advancing the alpibectir program in partnership with GSK, with a Phase 2 trial in pulmonary tuberculosis expected to report topline data by Q2 2026 [11][12] Future Milestones - Key upcoming milestones include the first patients dosed in the BV100 Phase 3 study in Q1 2026, interim data read-out for the Phase 2b trial in H2 2026, and top line data for the Phase 3 trial expected in H2 2027 [16]
BioVersys BV100 Phase 2b to be Conducted Via Wellcome Funded Trial Network
Globenewswire· 2025-11-10 06:00
Core Insights - BioVersys AG's lead asset BV100 has been selected for the ADVANCE-ID clinical trial network to address hospital infections caused by multidrug-resistant Acinetobacter baumannii, including carbapenem-resistant strains [1][4] - The Phase 2b study aims to generate additional clinical data to support future new drug applications and will be conducted in Southeast Asia, a region with high levels of drug resistance [2][3] - Wellcome's contribution of SGD 22 million (approximately USD 17 million) has facilitated this trial, increasing the number of treatment arms and evaluable patients [3][5] Company Overview - BioVersys AG is a clinical-stage biopharmaceutical company focused on developing novel antibacterial products for serious infections caused by multidrug-resistant bacteria [16] - BV100 is a novel formulation of rifabutin designed for intravenous administration, targeting infections caused by Acinetobacter baumannii [9] - The company has received QIDP designation from the U.S. FDA for BV100, which allows for priority review and extended market exclusivity upon approval [9] Clinical Trial Details - The Phase 2b trial will include three treatment arms: BV100 combined with Ceftazidime/avibactam, BV100 with Cefiderocol, and Best Available Therapy, increasing the patient size from 60 to 90 [3][5] - The trial is expected to begin dosing patients in the first half of 2026, with interim data read-out anticipated in the second half of 2026 [4][5] - The ADVANCE-ID network aims to conduct high-quality clinical trials that impact global infection management, having already engaged over 10,000 patients in previous studies [5][11] Industry Context - Acinetobacter baumannii is classified as a "Critical" priority pathogen by WHO, with high mortality rates associated with infections due to limited treatment options [4][10] - The incidence of carbapenem-resistant A. baumannii infections is rising, with estimates suggesting over one million cases globally, exacerbated by the COVID-19 pandemic [10] - The ADVANCE-ID network, based at the National University of Singapore, aims to enhance clinical trial capacity and address antimicrobial resistance challenges [11][7]