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BioVie | 10-Q: Q1 2025 Earnings Report

BioVie | 10-Q: Q1 2025 Earnings Report

BioVie | 10-Q:2025財年一季報
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報告截至2024年9月30日的2025財年第一季度淨虧損420萬美金,顯著低於去年同期的1070萬美金虧損。研發費用減少了690萬美金,降至200萬美金,主要是由於在前一個財年完成了臨牀試驗。公司在季度結束時擁有現金及現金等價物2000萬美金。該公司正在推進其神經退行性疾病項目,使用bezisterim(NE3107),已完成針對帕金森病的第二階段研究,並設計了一項新的第二階段研究作爲潛在的一線治療。此外,BioVie獲得了1310萬美金的國防部補助,用於評估bezisterim對長期COVID的治療,預計在2025年初開始進行試驗。針對其肝病項目BIV201,BioVie正在根據FDA指導最終確定治療因慢性肝硬化引起的腹水的第三階段研究方案。公司通過多次融資增強了財務狀況,在2024年10月通過註冊直接發行普通股和Warrants籌集了約1590萬美金的總收入。
BioVie報告截至2024年9月30日的2025財年第一季度淨虧損420萬美金,顯著低於去年同期的1070萬美金虧損。研發費用減少了690萬美金,降至200萬美金,主要是由於在前一個財年完成了臨牀試驗。公司在季度結束時擁有現金及現金等價物2000萬美金。該公司正在推進其神經退行性疾病項目,使用bezisterim(NE3107),已完成針對帕金森病的第二階段研究,並設計了一項新的第二階段研究作爲潛在的一線治療。此外,BioVie獲得了1310萬美金的國防部補助,用於評估bezisterim對長期COVID的治療,預計在2025年初開始進行試驗。針對其肝病項目BIV201,BioVie正在根據FDA指導最終確定治療因慢性肝硬化引起的腹水的第三階段研究方案。公司通過多次融資增強了財務狀況,在2024年10月通過註冊直接發行普通股和Warrants籌集了約1590萬美金的總收入。
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