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DBV Technologies S.A. (symbol: DBVT) is a clinical-stage specialty biopharmaceutical company revolutionizing the treatment of food allergies, a significant and growing public health issue. Founded in 2002, the company has developed a groundbreaking technology platform known as Viaskin®.
Viaskin® employs epicutaneous immunotherapy (EPIT), a proprietary method that administers allergens through an epicutaneous patch applied to intact skin. This innovative approach targets Langerhans cells, specialized immune cells in the skin, which capture the allergen and migrate to the lymph nodes. This mechanism allows for activation of the immune system without introducing the allergen into the bloodstream, thus minimizing systemic exposure and the risk of severe allergic reactions.
DBV Technologies' flagship product, Viaskin Peanut, is designed for peanut-allergic patients. The patch aims to improve patient tolerability to peanuts and significantly reduce the risk of life-threatening allergic reactions upon accidental exposure. Clinical trials have demonstrated the product's efficacy and safety, making it a promising solution for millions of individuals affected by peanut allergies.
In addition to peanut allergies, DBV Technologies is expanding its portfolio to address other food allergies like milk. The company's robust pipeline and innovative approach position it at the forefront of allergy treatment research.
DBV Technologies has secured multiple worldwide patents for its Viaskin® technology, underlining its pioneering role in the field of immunotherapy. The company continually collaborates with leading research institutions and partners to advance its clinical programs and bring new therapies to market.
Recent achievements include significant milestones in clinical trials, regulatory submissions, and strategic partnerships, reflecting DBV Technologies' commitment to developing safe and effective treatments for food allergies. The company's dedication to addressing unmet medical needs ensures it remains a crucial player in the biopharmaceutical landscape.
DBV Technologies announced a conference call for May 2, 2022, at 5:00 p.m. ET to discuss its first quarter 2022 financial results and corporate updates. The call will be available via teleconference and live webcast. DBV is focused on developing Viaskin™, a platform for epicutaneous immunotherapy aimed at treating food allergies, with ongoing trials for Viaskin Peanut. The company's shares are traded on Euronext and Nasdaq under the symbols DBV and DBVT, respectively.
DBV Technologies will hold its Ordinary and Extraordinary General Meeting on May 12, 2022, at 8:30 a.m. CEST in Montrouge, France. Preparatory documents are available on the company's website and via the French Bulletin des Annonces Légales Obligatoires. Shareholders can request documents until May 7, 2022, and the meeting will also be webcast live. DBV is focused on developing Viaskin™, an innovative platform for immunotherapy targeted at food allergies, with ongoing clinical trials for Viaskin Peanut.
The monthly report as of March 31, 2022, reveals that DBVT has a total of 55,095,537 shares outstanding. The total number of voting rights attached to these shares is 55,095,537, with a net total of 54,951,036 voting rights. This net total accounts for shares without voting rights. The report is compliant with Article 223-16 of the General Regulations of the Autorité des Marchés Financiers and is intended for shareholders and market observers.
DBV Technologies will present at Oppenheimer’s 32nd Annual Healthcare Conference on March 17, 2022, at 10:00 a.m. ET. Dr. Pharis Mohideen, the Chief Medical Officer, is set to deliver the presentation. Investors can access the webcast on the company's website, with a replay available for about 90 days post-event. DBV Technologies focuses on developing Viaskin™, an innovative technology platform for immunotherapy, particularly aimed at food allergies, with ongoing trials for Viaskin Peanut.
DBVT announced its monthly update as of February 28, 2022, regarding the total number of shares and voting rights. The company reported a total of 55,095,762 shares, with a total gross of 55,095,762 voting rights. After accounting for shares without voting rights, the total net voting rights stood at 54,919,952. This information is in compliance with the General Regulations of the Autorité des Marchés Financiers.
DBV Technologies announced the filing of its 2021 Annual Report on Form 10-K with the SEC and its 2021 Universal Registration Document with the French AMF. Both documents are accessible on the company's investor website and the respective regulatory authority sites. DBV Technologies is focused on developing the Viaskin™ platform for food allergies using epicutaneous immunotherapy, with ongoing trials for Viaskin Peanut. The company operates globally from Montrouge, France, and Summit, NJ, and its shares are listed on Euronext and Nasdaq under the ticker DBVT.
DBV Technologies reported its 2021 financial results, revealing a net loss of $97.8 million, down from $159.6 million in 2020. The company's cash and cash equivalents decreased to $77.3 million from $196.4 million in 2020. Operating income fell to $5.7 million, primarily due to reduced revenue from a collaboration with Nestlé. However, DBV extended its cash runway into Q1 2023 through cost containment measures. The pivotal protocol for the modified Viaskin Peanut patch is complete and ready for FDA submission, highlighting ongoing discussions with the FDA aimed at advancing its research and development efforts.
DBV Technologies will report its full year 2021 financial results on March 3, 2022. The company, based in Montrouge, France, is focused on developing the Viaskin platform for immunotherapy, specifically for food allergies. A conference call will be held at 5:00 p.m. ET to discuss the financial outcomes and provide corporate updates. The call can be accessed via specified teleconferencing numbers and a live audio webcast will be available on their website.
DBV Technologies (DBVT) will participate in the AAAAI 2022 Congress from February 24-28, 2022. They will present two scientific posters: one on allergy specialty care effects on healthcare utilization in children with peanut allergies and another on pooled safety data from Phase 3 trials of their Viaskin Peanut treatment. Viaskin Peanut aims to reduce allergic reactions in children aged 4-11. The presentations will be available on-demand for registered attendees and later on DBV's website.
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