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BioVie, Inc. - $BIVI STOCK NEWS

Welcome to our dedicated page for BioVie news (Ticker: $BIVI), a resource for investors and traders seeking the latest updates and insights on BioVie stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BioVie's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BioVie's position in the market.

Rhea-AI Summary

BioVie Inc. (NASDAQ: BIVI) secured up to $13.1 million from the U.S. Department of Defense for a Phase 2b clinical trial evaluating bezisterim (NE3107) in treating long COVID symptoms. Long COVID is a condition where symptoms persist post SARS-CoV-2 infection. The trial aims to assess the drug's effectiveness in reducing neurological symptoms associated with long COVID. Bezisterim, an anti-inflammatory and insulin-sensitizer capable of permeating the blood-brain barrier, targets inflammation, a key factor in long COVID. The trial is expected to begin in early 2025 and includes 200 patients.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
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covid-19
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Rhea-AI Summary
BioVie Inc. presented data at the 12th Annual Alzheimer's & Parkinson's Drug Development Summit showcasing the potential of bezisterim (NE3107) to reduce inflammation and restore homeostasis related to Alzheimer's disease. Bezisterim modulates DNA methylation levels, targeting specific genes associated with dementia, metabolism, and inflammation. The data indicate age deceleration advantages in patients treated with bezisterim compared to placebo, with significant correlations found between DNA methylation levels and clinical measures. Bezisterim shows promise in disrupting negative consequences of DNA methylation associated with inflammation and promoting homeostasis.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.26%
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none
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Rhea-AI Summary
BioVie Inc. (Nasdaq: BIVI) announced the approval of the non-proprietary name 'bezisterim' for NE3107, a potential treatment for neurological disorders. The company will present data at the 12th Annual Alzheimer's & Parkinson's Drug Development Summit on how bezisterim impacts genes associated with dementia, metabolism, and inflammation.
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Rhea-AI Sentiment
End-of-Day
3.61%
Tags
conferences
Rhea-AI Summary
RedChip Companies will air interviews with Genetic Technologies (NASDAQ:GENE) and BioVie, Inc. (NASDAQ:BIVI) on the RedChip Small Stocks, Big Money™ show on Bloomberg TV. Genetic Technologies is focusing on commercializing its geneType multi-risk test, while BioVie is developing therapies for neurodegeneration and liver disease.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.07%
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none
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Rhea-AI Summary
BioVie Inc. secures funding for Parkinson's Disease and Alzheimer's Disease trials, prepares for Phase 2b trial of NE3107, and plans Phase 3 trial for BIV201. The company aims to focus on clinical priorities in neurological disorders and liver disease, with positive results from NE3107 in PD and AD. Financially, BioVie increased its cash balance by $18.8 million after closing an equity financing round for gross proceeds of $21 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.25%
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none
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Rhea-AI Summary
BioVie Inc. (BIVI) successfully closed a public offering, raising approximately $21 million. The offering included 15,000,000 shares of common stock, 6,000,000 pre-funded warrants, and 10,500,000 common warrants. The company plans to utilize the proceeds for working capital and general corporate purposes.
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Rhea-AI Sentiment
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-10.25%
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Rhea-AI Summary
BioVie Inc. (BIVI) announces the pricing of a public offering of 21,000,000 shares of common stock and warrants, expecting to raise approximately $21 million for working capital and general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-43.65%
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Rhea-AI Summary
BioVie Inc. (NASDAQ: BIVI) announces a public offering of common stock to raise funds for working capital and general corporate purposes. ThinkEquity LLC will act as the placement agent for the offering. The Company plans to use the net proceeds for operational needs. The offering is subject to market conditions, and the actual size and terms are uncertain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-43.65%
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Rhea-AI Summary
BioVie Inc. announces promising data from Phase 2a trial in Parkinson’s Disease and Phase 3 trial in Alzheimer’s Disease. NE3107 shows significant improvements in non-motor symptoms and motor control in Parkinson’s Disease patients, while potentially realigning physiological processes in Alzheimer’s Disease patients. The upcoming presentations at the International Conference on Alzheimer’s and Parkinson’s Diseases 2024 will highlight these findings.
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Rhea-AI Sentiment
End-of-Day
52.42%
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Rhea-AI Summary
BioVie Inc. (NASDAQ: BIVI) is participating in the Oppenheimer 34th Annual Healthcare Life Sciences Conference on February 13-14, 2024. The company's management team will be involved in the virtual event, showcasing its innovative drug therapies for advanced liver disease and neurological disorders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.83%
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conferences
BioVie, Inc.

Nasdaq:BIVI

BIVI Rankings

BIVI Stock Data

27.46M
22.51M
43.25%
4.49%
2.69%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
CARSON CITY

About BIVI

biovie inc. (otc pink: bivi) is developing novel drug therapies for life-threatening complications of chronic liver disease. our initial target is ascites, which can occur in patients with advanced cirrhosis due to hepatitis, nash (non-alcoholic steatohepatitis), or alcoholism. ascites affects about 100,000 americans and carries an estimated 40% mortality rate within two years of being diagnosed. the company’s new drug candidate biv201 is about to enter a phase 2 clinical trial in the us. it’s based on a drug (terlipressin) not yet available in the us, but approved in about 40 countries for treating related complications of liver cirrhosis. the fda has never approved a drug to treat ascites and there is a significant unmet medical need for our novel therapy, which has orphan drug status. biovie has attracted funding from strategic investors including aspire capital, cuong do, the global strategy lead for samsung, and hari kumar, founder of adheron therapeutics which he sold to roche fo