Welcome to our dedicated page for Revive Therapeutics news (Ticker: RVVTF), a resource for investors and traders seeking the latest updates and insights on Revive Therapeutics stock.
Revive Therapeutics Ltd is a life sciences company focused on the research and development of therapeutics and diagnostics for infectious diseases, medical countermeasures, and rare disorders. They prioritize drug development to leverage regulatory incentives like Emergency Use Authorization and Orphan Drug designations. Currently, the company is exploring Bucillamine for potential treatments of nerve agent exposure and long COVID, along with advancing the development of Psilocybin-based therapeutics through various programs.
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Revive Therapeutics (RVVTF) provides an update on the development of a next generation lyophilized formulation of Bucillamine, expected to be completed by the end of the year. The research team has improved the solubility of Bucillamine, resulting in more than double enhancement of solubility, unlocking therapeutic utility for public health medical emergencies. The novel formulation could support the continuation of the research project with the Canadian Department of National Defence. The Company expects to have its novel lyophilized formulation of Bucillamine ready for production for clinical evaluation in 2024, potentially helping rare inflammatory disorders such as ischemia-reperfusion injury, for which the FDA granted orphan drug designation in 2022.
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Revive Diagnostics Inc., a subsidiary of Revive Therapeutics, has entered into a license agreement with Lawson Health Research Institute for the worldwide exclusive rights to novel blood biomarkers that characterize long COVID. The biomarkers were discovered by a research team at Lawson and may help in the correct diagnosis and treatment of long COVID, which affects at least 10% of severe COVID-19 cases. Revive Diagnostics will develop a qELISA laboratory test kit and a lateral flow assay point of care device for rapid testing of long COVID. They will also explore the potential of the long COVID test as a companion to Bucillamine, a potential treatment for the disease.
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Revive Therapeutics announces agreement with Defence R&D Canada to evaluate Bucillamine as a treatment for nerve agent exposure
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Revive Therapeutics provides update on development of next generation lyophilized formulation of Bucillamine
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Revive Therapeutics initiates development of next generation formulation of Bucillamine for potential treatment of public health emergencies and rare inflammatory disorders. Company enters sponsored research agreement with University of Waterloo. Formulation development expected by end-2023. Strategic initiatives include targeting rare disorders, seeking pharmaceutical partnerships, and government support.
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Revive Therapeutics announces results of Phase 3 clinical trial for oral Bucillamine in COVID-19 patients. Study did not achieve statistical significance on clinical endpoints. No deaths, four hospitalizations. Positive trend observed in post-dose selection phase. Further analysis ongoing. Company committed to advancing development of Bucillamine and pursuing strategic initiatives.
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Revive Therapeutics provides an update on the FDA Phase 3 clinical trial for Bucillamine in COVID-19 patients. The study has been halted and the company is evaluating the data to support future discussions with the FDA and potential new clinical studies. Revive Therapeutics plans to continue discussions with the FDA, work with pharmaceutical partners for regulatory approvals, and evaluate drug development strategies for Bucillamine.
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FAQ
What is the current stock price of Revive Therapeutics (RVVTF)?
The current stock price of Revive Therapeutics (RVVTF) is $0.0076 as of February 25, 2025.
What is the market cap of Revive Therapeutics (RVVTF)?
The market cap of Revive Therapeutics (RVVTF) is approximately 2.9M.
What is Revive Therapeutics Ltd focused on?
Revive Therapeutics is a life sciences company focused on the research and development of therapeutics and diagnostics for infectious diseases, medical countermeasures, and rare disorders.
What regulatory incentives does Revive Therapeutics Ltd leverage?
Revive prioritizes drug development efforts to take advantage of regulatory incentives like Emergency Use Authorization, Orphan Drug, Fast Track, and Breakthrough Therapy designations.
What areas is Revive Therapeutics Ltd currently exploring for treatments?
The company is currently exploring the use of Bucillamine for potential treatments of nerve agent exposure and long COVID, as well as advancing the development of Psilocybin-based therapeutics through various programs.
Revive Therapeutics Ltd