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Tevogen Commends HHS for Addressing Long COVID, Emphasizes TVGN 489’s Potential Impact for 20 Million Americans

Key Takeaway: Tevogen Bio Holdings Inc. has praised the U.S. Department of Health and Human Services for its efforts in addressing Long COVID through recent roundtables. The company believes its investigational drug, TVGN 489, could significantly impact the lives of the 20 million Americans suffering from this condition. Tevogen emphasizes its commitment to developing innovative therapies to combat Long COVID and improve patient outcomes.
Price reaction · baseline $38 (2025-09-19T19:39:00.000Z) · hit during market hours · 1 other TVGN headline(s) in the window, move may be shared
day 0 close · peak
-0.2%

Market Sentiment Analysis

POSITIVE FACTORS

  • Tevogen's TVGN 489 shows promising results in clinical trials.
  • The company is addressing a significant public health issue with Long COVID.
  • HHS's initiative to focus on Long COVID is commendable and necessary.

CONCERNS & RISKS

  • Tevogen may face challenges in raising additional capital.
  • There are uncertainties in the execution of clinical trials and regulatory approvals.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Cash runway
~1 mo
High dilution risk
Lead asset
Cytotoxic T Lymphocytes
Phase 1 · Covid19

Full Press Release Details

WARREN, N.J., Sept. 19, 2025 (GLOBE NEWSWIRE) --Tevogen(“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq:TVGN), today expressed its gratitude to the U.S. Department of Health and Human Services (HHS), Secretary Robert F. Kennedy, Jr., and the Trump Administration for convening two Long COVID roundtables focused on patient experiences and research.
Long COVID continues to affect millions of Americans; according to Yale Medicine, approximately 20 million adults in the U.S. are living with Long COVID, a condition that not only impacts individual health but also carries major economic consequences by keeping people out of the workforce and contributing to significant productivity losses across the nation.
Tevogen believes its investigational drug, TVGN 489, which has demonstrated promising results in a Proof-of-Concept clinical trial, could potentially play an important role in addressing this ongoing public health crisis.
Ryan Saadi, M.D., M.P.H., Chief Executive Officer of Tevogen stated, “I have always prioritized SARS-CoV-2 and its lasting consequences. Long COVID has disrupted the lives of millions of patients and families, and I am highly optimistic that our investigational therapy, TVGN 489, could make a meaningful difference in restoring health and hope for these individuals.”
Curtis L. Patton, Ph.D., Professor Emeritus of Epidemiology, Yale School of Public Health, and member of Tevogen Board of Directors, added, “The Long COVID crisis is not only a medical challenge but also a societal one, with far-reaching impacts on economic productivity and quality of life. I commend the leadership of HHS in addressing this pressing issue, and I believe innovative therapies like TVGN 489 may hold the key to meaningful progress for patients who have been suffering far too long.”
Tevogen remains committed to developing accessible and affordable personalized therapeutics through its proprietaryExacTcell™ platform, which enables the rapid and scalable development of genetically unmodified precision T cell therapies.

Forward Looking Statements

This press release contains certain forward-looking statements, including without limitation statements relating to: Tevogen’s plans for its research and manufacturing capabilities; expectations regarding future growth; expectations regarding the healthcare and biopharmaceutical industries; and Tevogen’s development of, the potential benefits of, and patient access to its product candidates for the treatment of infectious diseases and cancer. Forward-looking statements can sometimes be identified by words such as “may,” “could,” “would,” “expect,” “anticipate,” “possible,” “potential,” “goal,” “opportunity,” “project,” “believe,” “future,” and similar words and expressions or their opposites. These statements are based on management’s expectations, assumptions, estimates, projections and beliefs as of the date of this press release and are subject to a number of factors that involve known and unknown risks, delays, uncertainties and other factors not under the company’s control that may cause actual results, performance or achievements of the company to be materially different from the results, performance or other expectations expressed or implied by these forward-looking statements.
Factors that could cause actual results, performance, or achievements to differ from those expressed or implied by forward-looking statements include, but are not limited to: that Tevogen will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; changes in the markets in which Tevogen competes, including with respect to its competitive landscape, technology evolution, or regulatory changes; changes in domestic and global general economic conditions; the risk that Tevogen may not be able to execute its growth strategies or may experience difficulties in managing its growth and expanding operations; the risk that Tevogen may not be able to develop and maintain effective internal controls; the failure to achieve Tevogen’s commercialization and development plans and identify and realize additional opportunities, which may be affected by, among other things, competition, the ability of Tevogen to grow and manage growth economically and hire and retain key employees; the risk that Tevogen may fail to keep pace with rapid technological developments to provide new and innovative products and services or make substantial investments in unsuccessful new products and services; risks related to the ability to develop, license or acquire new therapeutics; the risk of regulatory lawsuits or proceedings relating to Tevogen’s business; uncertainties inherent in the execution, cost, and completion of preclinical studies and clinical trials; risks related to regulatory review, approval and commercial development; risks associated with intellectual property protection; Tevogen’s limited operating history; and those factors discussed or incorporated by reference in Tevogen’s Annual Report on Form 10-K.
You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Tevogen undertakes no obligation to update any forward-looking statements, except as required by applicable law.

Frequently Asked Questions

What is TVGN 489?

TVGN 489 is an investigational drug developed by Tevogen, showing promise in treating Long COVID.

How many Americans are affected by Long COVID?

Approximately 20 million adults in the U.S. are living with Long COVID.

What role does HHS play in addressing Long COVID?

HHS has convened roundtables to focus on patient experiences and research related to Long COVID.

What is Tevogen's commitment to Long COVID?

Tevogen is dedicated to developing accessible and affordable therapies for Long COVID patients.

Last updated: Sep 19, 2025