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BioVie to Participate in the Truist Securities BioPharma Symposium

Key Takeaway: BioVie Inc. will participate in the Truist Securities BioPharma Symposium on November 8-9, 2023, in New York. The company's management will present a panel on new modalities in Alzheimer's disease and conduct one-on-one investor meetings. BioVie is advancing its NE3107 drug candidate for Alzheimer's and Parkinson's diseases, alongside its FDA Fast Track designated BIV201 for liver disease. These developments may bolster investor interest and highlight the company's innovative drug therapies.

Market Sentiment Analysis

POSITIVE FACTORS

  • BioVie is participating in the prominent Truist Securities BioPharma Symposium, providing exposure.
  • The company is advancing its drug candidate NE3107, showing promising results in cognitive functions related to Alzheimer's.
  • BIV201, an orphan drug candidate, has FDA Fast Track status, potentially accelerating its development.

Full Press Release Details

CARSON CITY, Nev., Nov. 02, 2023 (GLOBE NEWSWIRE) -- BioVie Inc. (NASDAQ: BIVI) (“BioVie” or the “Company”), a clinical-stage company developing innovative drug therapies for the treatment of neurological and neurodegenerative disorders and advanced liver disease, today announced the participation of its management team in the Truist Securities BioPharma Symposium, to be held in New York, NY, November 8- 9, 2023.
Truist Securities BioPharma Symposium
Format: Panel presentation “Alzheimer's Disease: Exploring Late-Stage New Modalities in Alzheimer's Disease” and one-on-one investor meetings
Date: Wednesday, November 8, 2023
Please contact your Truist Securities representative for additional information.
BioVie Inc. (NASDAQ: BIVI) is a clinical-stage company developing innovative drug therapies for the treatment of neurological and neurodegenerative disorders and advanced liver disease. In neurodegenerative disease, the Company’s drug candidate NE3107 inhibits inflammatory activation of ERK and NFkB (e.g., TNF signaling) that leads to neuroinflammation and insulin resistance, but not their homeostatic functions (e.g., insulin signaling and neuron growth and survival). Both are drivers of Alzheimer’s and Parkinson’s diseases. The Company is conducting a potentially pivotal Phase 3 randomized, double-blind, placebo-controlled, parallel-group, multicenter study to evaluate NE3107 in patients who have mild to moderate Alzheimer’s disease (NCT04669028). Results of a Phase 2 investigator initiated trial (NCT05227820) showing NE3107-treated patients experienced improved cognition and biomarker levels were presented at the Clinical Trial in Alzheimer’s Disease (CTAD) annual conference in December 2022. An estimated six million Americans suffer from Alzheimer’s. A Phase 2 study of NE3107 in Parkinson’s disease (NCT05083260) has completed, and data presented at the International Conference on Alzheimer’s and Parkinson’s Disease and Related Neurological Disorders conference in Gothenburg, Sweden in March 2023 showed significant improvements in “morning on” symptoms and clinically meaningful improvement in motor control in patients treated with a combination of NE3107 and levodopa vs. patients treated with levodopa alone, and no drug-related adverse events. In liver disease, the Company’s Orphan drug candidate BIV201 (continuous infusion terlipressin), with FDA Fast Track status, is being evaluated and discussed with guidance received from the FDA regarding the design of Phase 3 clinical testing of BIV201 for the treatment of ascites due to chronic liver cirrhosis. The active agent is approved in the U.S. and in about 40 countries for related complications of advanced liver cirrhosis. For more information, visit http://www.bioviepharma.com/.
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Frequently Asked Questions

What is BioVie Inc. working on?

BioVie Inc. develops innovative drug therapies for neurological disorders and advanced liver disease.

What is the NE3107 drug candidate for?

NE3107 aims to inhibit neuroinflammation and insulin resistance related to Alzheimer's and Parkinson’s diseases.

When is the Truist Securities BioPharma Symposium?

The symposium will take place in New York on November 8-9, 2023.

What is the status of BIV201?

BIV201 is an orphan drug with FDA Fast Track status for treating ascites due to liver cirrhosis.

Where can I learn more about BioVie?

More information is available on BioVie’s website: http://www.bioviepharma.com/.

Last updated: Nov 2, 2023