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Tevogen Updates on TVGN 489 Following Growing Long COVID Patient Interest
Globenewswire· 2025-10-15 19:50
Core Insights - Tevogen Bio is experiencing significant public interest in its investigational precision T cell therapy, TVGN 489, which is being developed for COVID-19 and Long COVID [1][2] - The CEO of Tevogen Bio highlighted the urgent need for effective solutions for Long COVID patients, emphasizing the company's commitment to advancing its research [2] - The clinical trial for TVGN 489 has shown a favorable safety profile and has provided insights for further development, with results published in a peer-reviewed journal [2] Development Plans - Tevogen is preparing for the next stage of development for TVGN 489 and plans to collaborate with government initiatives, Long COVID patient organizations, and major healthcare providers to expedite the process [3][7] - The company has established a dedicated communication channel for Long COVID updates to manage the high volume of patient inquiries [4][7] Financial Strategy - Tevogen is focused on maximizing capital efficiency and maintaining access to financing to support its growth and commercialization efforts [4]
Tevogen Highlights Potential Role of TVGN 489 in Eliminating Persistent Viral Reservoirs Linked to Long COVID
Globenewswire· 2025-09-23 12:30
Core Insights - Tevogen Bio Holdings Inc. emphasizes the potential of its investigational precision T cell therapy, TVGN 489, for treating Long COVID, which affects an estimated 20 million Americans [2][5] - Recent peer-reviewed studies indicate the presence of residual SARS-CoV-2 proteins and RNA long after acute infection, suggesting a viral reservoir that contributes to Long COVID symptoms [3] - TVGN 489 is designed to target multiple SARS-CoV-2 proteins across the entire viral genome, showing efficacy in reducing viral load and persisting in patients for at least 6 months without interfering with their immune responses [4] Scientific Evidence - Peer-reviewed studies published in notable journals report the detection of residual SARS-CoV-2 proteins and RNA for months to years post-infection, indicating chronic immune inflammation linked to Long COVID [3] - These findings support the development of therapeutic approaches aimed at eliminating residual virus and restoring immune homeostasis [3] Product Development - TVGN 489, derived from Tevogen's ExacTcell™ platform, is an off-the-shelf cytotoxic CD8+ T lymphocyte therapy targeting multiple viral proteins, not limited to the Spike protein [4] - In proof-of-concept trials, TVGN 489 demonstrated efficacy in reducing viral load across all patients, with CTLs persisting for at least 6 months [4] Company Outlook - The CEO of Tevogen expresses optimism regarding TVGN 489's potential to restore homeostasis in Long COVID patients, highlighting the company's preparations for clinical manufacturing [5]
Tevogen Commends HHS for Addressing Long COVID, Emphasizes TVGN 489's Potential Impact for 20 Million Americans
Globenewswire· 2025-09-19 19:40
Core Insights - Tevogen Bio Holdings Inc. expresses gratitude to the U.S. Department of Health and Human Services for addressing Long COVID through roundtables focused on patient experiences and research [1] - Approximately 20 million adults in the U.S. are affected by Long COVID, leading to significant economic consequences due to workforce absenteeism and productivity losses [2] - Tevogen's investigational drug, TVGN 489, shows promising results in clinical trials and may play a crucial role in addressing the Long COVID public health crisis [3] Company Developments - The CEO of Tevogen emphasizes the importance of addressing the lasting consequences of SARS-CoV-2, highlighting the potential of TVGN 489 to restore health for those affected by Long COVID [4] - Tevogen is committed to developing accessible and affordable personalized therapeutics through its ExacTcell™ platform, which focuses on precision T cell therapies [4]
Tevogen Shares Valuation of Key Assets and Potential Forecast For Pipeline Product Focused on EBV Associated Leukemia and Lymphomas
Globenewswire· 2025-09-04 19:48
Core Insights - Tevogen Bio Holdings Inc. has announced the potential value and forecast for its pipeline product, TVGN 930, aimed at treating non-solid tumor malignancies associated with Epstein-Barr Virus (EBV) [1][2] Financial Projections - The cumulative 5-year top-line revenue forecast for TVGN 930 is approximately $3.5 billion, reflecting the company's innovative drug development model [2] - The risk-adjusted Net Present Value (rNPV) for TVGN 930 is projected to exceed $250 million in the US alone [7] Market Opportunity - There are currently no approved vaccines for EBV, creating a significant therapeutic gap that TVGN 930 aims to fill [4] - The accessible market in the US for TVGN 930 could potentially cover up to 40,000 patients across five rare disease indications [7] Additional Applications - The treatment of multiple sclerosis through tighter EBV control presents an additional opportunity for the product [3]
Tevogen Underscores the Importance of Precision Immunotherapies, Including TVGN 489 for Vulnerable Individuals Infected with SARS-CoV-2
Globenewswire· 2025-09-03 20:15
Core Viewpoint - Tevogen Bio Holdings Inc. emphasizes the ongoing need for effective SARS-CoV-2 treatments, particularly for individuals with weakened immune systems, highlighting the potential of its investigational therapy TVGN 489 to enhance immunity and eliminate the virus [1][3] Group 1: Product Development and Clinical Trials - TVGN 489 is an allogeneic SARS-CoV-2-specific Cytotoxic CD8+ T lymphocyte immunotherapy developed using the ExacTcell platform, targeting the entire viral genome rather than just a single protein [1] - Positive clinical trial data indicates that in the treatment arm, viral elimination reached over 99% in all patients by day 14, with no disease progression or Long COVID observed [6] - The treatment was well-tolerated across all dose levels, and CTLs persisted in treated patients for up to six months, suggesting a durable immune response [6] Group 2: Market Context and Challenges - The emergence of the XFG variant of SARS-CoV-2 underscores the ongoing threat of COVID-19, particularly for vulnerable populations, necessitating continuous surveillance and treatment efforts [3] - The company acknowledges the challenges posed by mutation-prone viruses, indicating that targeting only the spike protein is insufficient for effective treatment [3] Group 3: Future Outlook - Tevogen's leadership expresses confidence in the potential of TVGN 489 to provide necessary immune support for high-risk patients, emphasizing the importance of innovative therapies in the face of evolving viral threats [3]
REPEAT -- Tevogen Bio Enters Into Agreement for Up to $50 Million in Financing to Advance R&D and Clinical Development Efforts
Globenewswire· 2025-08-19 19:40
Core Viewpoint - Tevogen Bio Holdings Inc. has secured a financing agreement of up to $50 million, which includes a $36 million line of credit and a potential $14 million private placement, following the elimination of $94.9 million in liabilities, aimed at supporting its R&D efforts and expanding its intellectual property portfolio [1][2][3]. Financing Details - The financing structure consists of a $36 million line of credit, allowing access to $1 million per month at an interest rate of the lower of the daily SOFR plus 2.0% or 7.0%, with a maturity of four years after each draw [3]. - The $14 million private placement can be executed at the counterparty's option once the share price reaches $10, priced at a 30% discount to that price [4]. Business Model and R&D Focus - Tevogen's innovative business model is designed to enhance research and development, particularly for its initial product, TVGN 489, derived from the ExacTcell™ technology platform [2]. - The company currently holds three granted US patents and has nine pending US patent applications, along with twelve ex-US patent applications, indicating a strong intellectual property position [2][6]. Leadership and Vision - Tevogen is led by a team of experienced industry leaders and scientists, emphasizing the importance of accessible personalized therapeutics as the next frontier in medicine [7]. - The company aims to provide affordable and accessible personalized T cell therapies to address significant unmet needs in large patient populations [5][6].
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]
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]