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Tevogen Recognized in BINJE's BEST Health Care 2025 for Advancing Health Equity and Sustainable Biopharma
GlobeNewswire News Room· 2025-08-22 19:25
Core Insights - Tevogen Bio Holdings Inc. has been recognized in BINJE's BEST Health Care 2025 for its commitment to health equity and innovation in sustainable biopharma [1][2] - The company's focus is on developing affordable and safe T cell therapies for acute viral infections and cancers, utilizing its proprietary ExacTcell™ platform [2] Company Overview - Tevogen Bio is dedicated to advancing health equity by ensuring access to life-saving medications through a sustainable biopharma model [2] - The company operates a lean, capital-efficient structure that avoids licensing overhead by fully owning its core intellectual property [2] - Tevogen's CD8+ T cell therapies are designed to reduce manufacturing complexity and costs, aligning with U.S. healthcare priorities [2] Technological Advancements - The launch of Tevogen.AI aims to accelerate therapeutic discovery and development through advanced algorithms and partnerships with Microsoft and Databricks [2] Recognition and Community - Tevogen expresses gratitude to BINJE and congratulates other honorees in the health care sector for their achievements [3]
Tevogen Recognized in BINJE’s BEST Health Care 2025 for Advancing Health Equity and Sustainable Biopharma
Globenewswire· 2025-08-22 19:25
Core Insights - Tevogen Bio Holdings Inc. has been recognized in BINJE's BEST Health Care 2025 for its commitment to health equity and innovation in sustainable biopharma [1][2] - The company's focus is on developing affordable T cell therapies for acute viral infections and cancers, utilizing its proprietary ExacTcell™ platform [2] Company Overview - Tevogen Bio is dedicated to advancing health equity by ensuring access to life-saving medications through a sustainable biopharma model [2] - The company operates a lean, capital-efficient structure that avoids licensing overhead by fully owning its core intellectual property [2] - Tevogen's CD8+ T cell therapies are designed to reduce manufacturing complexity and costs, aligning with U.S. healthcare priorities [2] Technological Advancements - The launch of Tevogen.AI aims to accelerate therapeutic discovery and development through advanced algorithms and partnerships with Microsoft and Databricks [2] Recognition and Community - Tevogen expresses gratitude to BINJE and congratulates other honorees in the health care sector for their achievements [3]
REPEAT - Tevogen Sees Significant Institutional Ownership Growth; 73% of Holders Increase Positions
Globenewswire· 2025-08-08 15:37
Core Insights - Tevogen Bio Holdings Inc. reported a significant increase in institutional ownership of its common stock, with a 60% rise as of March 31, 2025, compared to December 31, 2024 [2] - Major contributors to this growth were Vanguard and BlackRock, which collectively increased their holdings by 151% [2] - A notable 73% of the 51 institutional investment managers holding Tevogen stock either increased or maintained their positions, indicating a strong influx of new investors [2][3] Company Developments - The increase in institutional ownership is viewed as a positive indicator of confidence in the company's fundamentals and long-term growth potential [3] - Tevogen is advancing its Tevogen.AI initiatives, including new patent activities and collaborations with Microsoft and Databricks, which are aimed at developing targeted therapies for cancers and infectious diseases [3] - The company plans to establish its own GMP cell manufacturing facility, further supporting its growth trajectory [3] Future Outlook - Tevogen will provide another update on institutional ownership following the next SEC reporting period, indicating ongoing transparency and engagement with investors [3]
Tevogen Receives $1 Million to Accelerate AI-Driven Drug Discovery; Remains Well Capitalized to Execute Growth Strategy
Globenewswire· 2025-08-07 13:00
Core Insights - Tevogen Bio Holdings Inc. has secured $1 million in funding to enhance its artificial intelligence-driven drug discovery program, Tevogen.AI [1][6] - The funding is part of a larger agreement with KRHP LLC, which could provide up to $10 million in non-dilutive funding, including $2 million received in January 2025 [2][6] - Tevogen.AI's recent patent publication for its machine learning technology aims to improve targeted therapies for cancers and infectious diseases [2] Financial Position - The company is well-capitalized, with access to a $36 million line of credit, ensuring it can execute its growth strategy effectively [3][6] - The total potential funding from KRHP LLC, including the recent $1 million, amounts to $10 million, which will support the advancement of Tevogen.AI [2][6] Strategic Focus - The funding will be utilized to accelerate Tevogen.AI's capabilities, focusing on enhancing target discovery, shortening development timelines, and improving treatment accessibility for large patient populations [2][6]
Tevogen Sees Significant Institutional Ownership Growth; 73% of Holders Increase Positions
Globenewswire· 2025-08-06 19:59
Core Insights - Tevogen Bio Holdings Inc. reported a 60% increase in institutional ownership of its common stock as of March 31, 2025, compared to December 31, 2024 [2] - Vanguard and BlackRock were the largest contributors to this growth, increasing their holdings by 151% [2] - 73% of the 51 institutional investment managers holding Tevogen stock either increased or maintained their positions, indicating a significant influx of new investors [2][3] Company Developments - The increase in institutional ownership is viewed as a sign of confidence in Tevogen's fundamentals and long-term growth potential [3] - Tevogen is advancing its Tevogen.AI initiatives, including new patent activity and collaborations with Microsoft and Databricks [3] - The company plans to establish its own GMP cell manufacturing facility, which is expected to enhance its capabilities in developing targeted therapies for cancers and infectious diseases [3] Future Outlook - Tevogen will provide another update on institutional ownership following the next SEC reporting period, indicating ongoing monitoring of investor sentiment [3]
Tevogen Bio to Accept $1 Million Additional Grant Funding for AI Expansion
Globenewswire· 2025-08-01 19:30
Core Viewpoint - Tevogen Bio Holdings Inc. is set to receive $1 million in grant funding to enhance its artificial intelligence-driven drug discovery program, Tevogen.AI, as part of a larger grant agreement potentially totaling $10 million [1][2][6]. Funding Details - The new $1 million funding is part of a previously announced grant agreement with KRHP LLC, which includes an initial $2 million received in January 2025 and may allow for an additional $8 million [2][6]. - The total potential funding of $10 million is categorized as non-dilutive, meaning it will not dilute existing shareholders' equity [2][6]. Strategic Focus - The funding will be directed towards improving Tevogen.AI's capabilities, specifically in target discovery, development timelines, and treatment accessibility for large patient populations [2][3]. - The company emphasizes its commitment to operational efficiency and strategic fund deployment to maximize shareholder value and patient impact [3]. Leadership Statement - Dr. Ryan Saadi, Chairman and CEO of Tevogen, highlighted the grant as an endorsement of Tevogen.AI's potential to accelerate drug development, reduce costs, and enhance access to precision cell therapies [3].
Tevogen Highlights 74% Insider Ownership, Reinforcing Long-Term Vision
Globenewswire· 2025-07-30 16:41
Core Viewpoint - Tevogen Bio Holdings Inc. emphasizes its significant insider ownership, with over 74% of outstanding shares held by executive officers and board members, reflecting strong leadership conviction in the company's mission and long-term strategy [2][3] Group 1: Insider Ownership - Executive officers and board members collectively hold over 74% of the company's outstanding shares, indicating a strong commitment to Tevogen's future [2] - This substantial insider ownership differentiates the company from many of its industry peers, showcasing confidence in its strategic direction [2] Group 2: Strategic Direction and Funding - The CEO, Dr. Ryan Saadi, stated that retaining majority control allows the team to make critical decisions for the company's growth and strategic philosophy [3] - Tevogen is well-funded for the next steps in developing off-the-shelf, genetically unmodified T cell therapeutics for infectious diseases and cancers, as well as advancing its artificial intelligence initiative, Tevogen.AI [3]
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’s New Headquarters, Fully Funded by CEO, Centralizes R&D and AI Teams to Accelerate Innovation
GlobeNewswire· 2025-07-10 19:13
Company Overview - Tevogen Bio Holdings Inc. has officially opened its newly expanded corporate headquarters in Warren, New Jersey, which was fully funded by the CEO, Ryan Saadi, resulting in no costs to the company or its shareholders [2][6]. Facility Expansion - The new facility has been completed ahead of schedule and more than doubles the previous footprint of Tevogen, allowing for the centralization of research, regulatory affairs, and the expanding Tevogen.AI teams under one roof [3][6]. Future Plans - A formal ribbon-cutting ceremony is planned to celebrate the new headquarters, which will include local officials, employees, and community partners [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]