Theriva Biologics, Inc.
0.3100-0.02 (-6.43%)
Oct 29, 4:00:00 PM EDT · NYSE American · TOVX · USD
Key Stats
Market Cap
7.26MP/E (TTM)
-Basic EPS (TTM)
-4.22Dividend Yield
0%Recent Filings
8-K
8-K
VCN-01 extends pancreatic cancer survival
Theriva Biologics unveiled expanded data from its VIRAGE Phase 2b trial at ESMO 2025 on October 20, showing VCN-01 combined with gemcitabine and nab-paclitaxel boosted median overall survival to 10.8 months versus 8.6 months for standard care alone in metastatic pancreatic cancer patients, meeting the primary endpoint with a hazard ratio of 0.57. Progression-free survival improved to 7.0 months from 4.6 months, while overall response rate doubled to 39.6% and duration of response stretched to 11.2 months. The combo proved safe, with transient flu-like symptoms as main side effects. Yet, a larger blinded trial is needed to confirm these gains.
8-K
VCN-01 boosts pancreatic cancer survival
Theriva Biologics announced expanded data from its VIRAGE Phase 2b trial, showing VCN-01 combined with gemcitabine/nab-paclitaxel improved overall survival to 10.8 months versus 8.6 months for chemotherapy alone in metastatic pancreatic cancer patients, with a hazard ratio of 0.57 (P=0.055) in the full analysis set. Progression-free survival rose to 7.0 months from 4.6 months (P=0.011), and duration of response doubled to 11.2 months (P=0.004). VCN-01 proved well-tolerated, with all serious adverse events resolved. The trial hit primary endpoints, bolstering VCN-01's potential in tough cancers.
8-K
Theriva restructures for VCN-01 focus
Theriva Biologics approved a restructuring plan on September 28, 2025, to sharpen focus on business development and VCN-01 clinical trials for PDAC and retinoblastoma. It cut 32% of its workforce—seven employees—effective September 30, incurring $520,000 in Q4 severance costs while saving $2.0 million annually in compensation. This extends cash runway to Q2 2026. Yet actual savings hinge on assumptions.
8-K
Stock plan shares doubled
Theriva Biologics stockholders approved Amendment No. 3 to the 2020 Stock Incentive Plan on August 29, 2025, boosting authorized shares from 2,500,000 to 4,500,000 for equity grants. This adds 2,000,000 shares to attract and retain talent amid biotech competition. Directors were elected; BDO USA ratified as auditors. Plan expansion signals commitment to growth incentives.
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