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Tevogen Bio Highlights Proprietary Assets and Upcoming Valuation Disclosure
Globenewswire· 2025-08-27 19:20
Core Insights - Tevogen Bio Holdings Inc. has significant internally developed assets that are not reflected on its balance sheet but represent substantial long-term value [1][3] - The company plans to provide detailed information and valuation of these assets in the near future [1] Asset Overview - Key assets include PredicTcell™, which utilizes AI algorithms to predict peptide–T cell receptor interactions, thereby accelerating development and expanding the pipeline [1] - AdapTcell™ employs AI models to decode HLA–T cell interactions, enhancing immune system insights and revealing new therapeutic paths [2] Intellectual Property and Technology - Tevogen holds three granted U.S. patents and has twelve pending U.S. patents, including two related to artificial intelligence [6] - The company has strategic collaborations with Microsoft and Databricks to support its AI technology [6] Drug Development and Clinical Pipeline - The ExacTcell™ platform focuses on highly purified, target-specific CD8+ cytotoxic T lymphocytes (CTL) [6] - The clinical pipeline includes therapeutics designed to treat cancers while allowing patients to continue oncology care, with potential expansion into non-oncology indications [6] Financial Position - Tevogen has access to a line of credit and is well-capitalized for current operations [6] - The company is establishing internal GMP manufacturing capabilities [6] Facilities - Tevogen operates a drug discovery lab in Philadelphia and has its headquarters in New Jersey [6]
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].
Tevogen.AI Targets Faster Time-to-Market with AI-Powered Patient Matching Following PredicTcell™ Alpha Launch
Globenewswire· 2025-07-16 15:57
Core Viewpoint - Tevogen Bio Holdings Inc. is expanding its AI-driven platform, Tevogen.AI, to enhance patient data integration for clinical trial participant identification, aiming to accelerate the development of personalized T cell therapies [1][2][3] Group 1: Tevogen.AI and PredicTcell™ - Tevogen.AI, supported by Microsoft and Databricks, will analyze electronic health records and real-world patient data to identify potential clinical trial participants [2] - The integration of patient data with the PredicTcell™ model is expected to enhance the ExacTcell™ pipeline development [2][3] Group 2: Clinical Trial Efficiency - Tevogen.AI aims to improve clinical trial efficiency, scalability, and inclusivity by rapidly identifying and enrolling suitable patients [3] - The initiative is designed to address critical bottlenecks in clinical development, potentially accelerating time-to-market for new therapeutic interventions [3][6] Group 3: Strategic Goals - The company’s mission focuses on achieving commercially attractive, economically viable, and cost-effective personalized T cell therapies [3] - By enhancing patient outcomes and expediting therapeutic approvals, Tevogen.AI seeks to provide a foundation for commercial success and investment growth [3]
Tevogen Details its Artificial Intelligence Initiative, Tevogen.AI; Proprietary AI-Powered Immunotherapy with Microsoft and Databricks Partnerships
Globenewswire· 2025-05-30 15:01
Core Insights - Tevogen Bio Holdings Inc. is advancing its artificial intelligence initiative, Tevogen.AI™, to enhance its immunotherapy development pipeline and reduce costs [1][2] Group 1: Tevogen.AI Initiative - Tevogen.AI aims to integrate machine learning and predictive modeling with ExacTcell™ technology to improve target identification and pre-clinical processes [2] - The initiative includes two proprietary technologies with patents pending, and the company plans to expand its AI applications beyond its current scope [3] Group 2: Strategic Partnerships - Tevogen has partnered with Microsoft for AI expertise and cloud infrastructure, and with Databricks for data engineering and analytics to enhance predictive accuracy [5] Group 3: Proprietary Technologies - PredicTcell™ utilizes AI to predict immunologically active peptide complexes, improving precision in immunotherapy treatments [6] - AdapTcell™ focuses on decoding interactions between human leukocyte antigens and T cells, enhancing understanding of immune responses [8][9] Group 4: Future Plans - Tevogen.AI plans to utilize its platforms for clinical trial patient identification, aiming for efficiency and cost reduction in drug development [10]
Tevogen Bio Plans to Expand Specialty Care Pipeline to Include Patients 65+, Building on Previous Forecast of Nearly $1 Billion in Launch-Year; Updated rNPV to Follow
Globenewswire· 2025-05-23 19:49
Core Insights - Tevogen Bio Holdings Inc. plans to expand the target population for its product TVGN 489 to include patients aged 65 and older, enhancing its market potential [1] - The top-line revenue forecast for the specialty care pipeline is projected at nearly $1 billion in its launch year, with a cumulative five-year estimate ranging between $18 billion and $22 billion [1] - The expansion aims to address significant unmet medical needs, particularly in light of the new COVID variant NB.1.8.1 [2] Company Developments - Tevogen's Chief Commercial Officer emphasized the importance of expanding clinical manufacturing capacity to meet the demands posed by the new COVID variant [2] - The expanded pipeline will include treatments for SARS-CoV-2 infection in various patient groups, including those with B cell hematologic cancer and patients aged 65 and older [5] Financial Projections - The updated forecast and risk-adjusted net present value (rNPV) will be provided to reflect the inclusion of the 65+ patient population [1] - The anticipated revenue growth reflects the company's strategic focus on specialty pharmaceuticals and addressing broader market needs [1]
Tevogen Bio Commissions Databricks to Accelerate Development of PredicTcell, a Precision AI Tool for Target Prediction
Globenewswire· 2025-04-15 18:03
Core Insights - Tevogen Bio Holdings Inc. has commissioned Databricks, Inc. to enhance the development of its AI-driven target prediction model, PredicTcell, aimed at precision immunotherapy [1][2] - The collaboration will focus on modeling immunologically active HLA+ peptide complexes and predicting T cell receptor (TCR) engagement, utilizing the ExacTcell™ platform [2] - This initiative represents a significant step in Tevogen's AI strategy, which is designed to transform precision medicine [3] Company Overview - Tevogen is dedicated to providing innovative and affordable healthcare solutions, operating through three strategic pillars: Tevogen Bio, Tevogen.AI, and Tevogen Generics [3] - Tevogen Bio focuses on genetically unmodified precision T cell therapies, while Tevogen.AI leverages AI for drug discovery and healthcare optimization [3] - The company possesses all key intellectual property and is led by a team with extensive experience in drug development and global product launches [3] Strategic Partnerships - Databricks will supply a dedicated data engineering team and expertise in data and AI systems to support the development of PredicTcell [2][6] - Microsoft Research is also contributing digital infrastructure and AI expertise to bolster the initiative [6]