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BioVie | 10-Q: Q1 2025 Earnings Report

BioVie | 10-Q: Q1 2025 Earnings Report

BioVie | 10-Q:2025财年一季报
美股SEC公告 ·  2024/11/14 05:52

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BioVie reported a net loss of $4.2 million for Q1 FY2025 ended September 30, 2024, significantly lower than the $10.7 million loss in the same period last year. Research and development expenses decreased by $6.9 million to $2.0 million, primarily due to the completion of clinical trials in the prior fiscal year. The company had cash and cash equivalents of $20.0 million as of quarter-end.The company is advancing its neurodegenerative disease program with bezisterim (NE3107), having completed Phase 2 studies for Parkinson's disease and designed a new Phase 2 study as potential first-line therapy. Additionally, BioVie received a $13.1 million Department of Defense grant to evaluate bezisterim for long COVID treatment, with trials expected to commence by early 2025.For its liver disease program BIV201, BioVie is finalizing Phase 3 study protocols for treating ascites due to chronic liver cirrhosis after receiving FDA guidance. The company strengthened its financial position through multiple offerings, raising approximately $15.9 million in gross proceeds in October 2024 through registered direct offerings of common stock and warrants.
BioVie reported a net loss of $4.2 million for Q1 FY2025 ended September 30, 2024, significantly lower than the $10.7 million loss in the same period last year. Research and development expenses decreased by $6.9 million to $2.0 million, primarily due to the completion of clinical trials in the prior fiscal year. The company had cash and cash equivalents of $20.0 million as of quarter-end.The company is advancing its neurodegenerative disease program with bezisterim (NE3107), having completed Phase 2 studies for Parkinson's disease and designed a new Phase 2 study as potential first-line therapy. Additionally, BioVie received a $13.1 million Department of Defense grant to evaluate bezisterim for long COVID treatment, with trials expected to commence by early 2025.For its liver disease program BIV201, BioVie is finalizing Phase 3 study protocols for treating ascites due to chronic liver cirrhosis after receiving FDA guidance. The company strengthened its financial position through multiple offerings, raising approximately $15.9 million in gross proceeds in October 2024 through registered direct offerings of common stock and warrants.
BioVie报告截至2024年9月30日的2025财年第一季度净亏损420万美金,显著低于去年同期的1070万美金亏损。研发费用减少了690万美金,降至200万美金,主要是由于在前一个财年完成了临床试验。公司在季度结束时拥有现金及现金等价物2000万美金。该公司正在推进其神经退行性疾病项目,使用bezisterim(NE3107),已完成针对帕金森病的第二阶段研究,并设计了一项新的第二阶段研究作为潜在的一线治疗。此外,BioVie获得了1310万美金的国防部补助,用于评估bezisterim对长期COVID的治疗,预计在2025年初开始进行试验。针对其肝病项目BIV201,BioVie正在根据FDA指导最终确定治疗因慢性肝硬化引起的腹水的第三阶段研究方案。公司通过多次融资增强了财务状况,在2024年10月通过注册直接发行普通股和Warrants筹集了约1590万美金的总收入。
BioVie报告截至2024年9月30日的2025财年第一季度净亏损420万美金,显著低于去年同期的1070万美金亏损。研发费用减少了690万美金,降至200万美金,主要是由于在前一个财年完成了临床试验。公司在季度结束时拥有现金及现金等价物2000万美金。该公司正在推进其神经退行性疾病项目,使用bezisterim(NE3107),已完成针对帕金森病的第二阶段研究,并设计了一项新的第二阶段研究作为潜在的一线治疗。此外,BioVie获得了1310万美金的国防部补助,用于评估bezisterim对长期COVID的治疗,预计在2025年初开始进行试验。针对其肝病项目BIV201,BioVie正在根据FDA指导最终确定治疗因慢性肝硬化引起的腹水的第三阶段研究方案。公司通过多次融资增强了财务状况,在2024年10月通过注册直接发行普通股和Warrants筹集了约1590万美金的总收入。
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