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      6. Atea Pharmaceuticals Inc (AVIR)

      7. Atea Pharmaceuticals Inc (AVIR) News

      Atea Pharmaceuticals Inc

      Atea Pharmaceuticals Inc (AVIR)

      NASDAQ
      2.865
      -0.055
      ( -1.88% )
      Updated: 15:26:56
      Delayed by 15 minutes

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      AVIR News

      Official News Only

      Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405]
      Edgar (US Regulatory)
      March 06 2025
      AVIR (-1.88%)

      Form 8-K - Current report
      Edgar (US Regulatory)
      February 24 2025
      AVIR (-1.88%)

      Form 4 - Statement of changes in beneficial ownership of securities
      Edgar (US Regulatory)
      February 04 2025
      AVIR (-1.88%)

      Form 4 - Statement of changes in beneficial ownership of securities
      Edgar (US Regulatory)
      February 04 2025
      AVIR (-1.88%)

      Form 4 - Statement of changes in beneficial ownership of securities
      Edgar (US Regulatory)
      February 04 2025
      AVIR (-1.88%)

      Form 4 - Statement of changes in beneficial ownership of securities
      Edgar (US Regulatory)
      February 04 2025
      AVIR (-1.88%)

      Form EFFECT - Notice of Effectiveness
      Edgar (US Regulatory)
      November 20 2024
      AVIR (-1.88%)

      Form 10-Q - Quarterly report [Sections 13 or 15(d)]
      Edgar (US Regulatory)
      November 07 2024
      AVIR (-1.88%)

      AVIR Discussion

      View Posts
      DewDiligence DewDiligence 6 months ago
      AVIR phase-3 COVID trial fails—stock rises:

      https://www.globenewswire.com/news-release/2024/09/13/2945844/0/en/Atea-Pharmaceuticals-Provides-Update-on-Global-Phase-3-SUNRISE-3-Trial-Evaluating-Bemnifosbuvir-for-Treatment-of-COVID-19.html Atea Pharmaceuticals, Inc. (Nasdaq: AVIR)…today announced the outcome of the global Phase 3 SUNRISE-3 trial evaluating bemnifosbuvir, an oral nucleotide polymerase inhibitor, versus placebo for the treatment of COVID-19. The trial did not meet the primary endpoint of a statistically significant reduction in all-cause hospitalization or death through Day 29 in the monotherapy cohort of 2,221 high-risk patients with mild to moderate COVID-19. This trial was a longshot insofar as Bemnifosbuvir is a repurposed HCV drug rather than something designed specifically for SARS-CoV-2. Moreover, the phase-2 trial for Bemnifosbuvir in COVID was unsuccessful, but AVIR plowed ahead anyhow.

      I presume the share price is up slightly today because investors know that AVIR won’t waste more money pursuing COVID. AVIR had about $475M of net current assets as of 6/30/24.

      AVIR’s CEO, Jean-Pierre Sommadossi, is continuing to pursue a treatment regimen for HCV, which is a rather extreme case of Zebra’s Law (#msg-172559198).
      👍️0
      Monksdream Monksdream 6 months ago
      AVIR under $4
      👍️0
      DewDiligence DewDiligence 7 months ago
      AVIR reports 2Q24 results—6/30/24 cash=$502.2M—down_from_$542M_at_3/31/24:

      https://finance.yahoo.com/news/atea-pharmaceuticals-reports-second-quarter-200500091.html

      CC slides:
      https://ir.ateapharma.com/static-files/96ee237a-23d9-4515-8401-69794a5327e0
      👍️0
      DewDiligence DewDiligence 10 months ago
      AVIR 1Q24 results:

      https://finance.yahoo.com/news/atea-pharmaceuticals-reports-first-quarter-200500150.html

      3/31/24 cash = $542M, down from $578M at 12/31/23.

      Final results from the phase-3 SUNRISE COVID trial are expected in 2H24 (no change relative to the prior guidance). There are no interim analyses (#msg-174125019).
      👍️0
      Monksdream Monksdream 10 months ago
      AVIR under $5
      👍️0
      DewDiligence DewDiligence 11 months ago
      AVIR completes enrollment of phase-3 COVID trial—cancels interim analyses:

      https://www.globenewswire.com/news-release/2024/03/27/2853010/0/en/Atea-Pharmaceuticals-Completes-Patient-Enrollment-in-Global-Phase-3-SUNRISE-3-Trial-Evaluating-Oral-Antiviral-Bemnifosbuvir-for-COVID-19-in-High-Risk-Patients.html Atea Pharmaceuticals…today announced that the company has completed enrollment of the global Phase 3 SUNRISE-3 trial evaluating bemnifosbuvir, an oral nucleotide polymerase inhibitor, or placebo for the treatment of COVID-19. Over 2,200 patients were randomized into the supportive care monotherapy cohort… The primary endpoint of the trial is all-cause hospitalization or death through Day 29 post-treatment in the bemnifosbuvir supportive care monotherapy cohort of high-risk patients. The two planned interim analyses have been canceled: “Since full enrollment was achieved ahead of the two planned interim analyses for safety and futility by the Data Safety Monitoring Board (DSMB), the analyses are no longer relevant, and in agreement with the DSMB, we will proceed to the full analysis of the trial. We look forward to reporting SUNRISE-3 results in the second half of 2024…
      👍️0
      DewDiligence DewDiligence 1 year ago
      AVIR phase-3 COVID update:

      https://finance.yahoo.com/news/atea-pharmaceuticals-reports-fourth-quarter-210500983.html

      The first and second interim analyses in the phase-3 COVID trial will be performed in March and in 2Q24, respectively, and the final results will be available in 2H24. 1,400 patients have been enrolled in the bemnifosbuvir monotherapy cohort (the cohort that the primary endpoint is based on).

      AVIR had $578M of cash at 12/31/23, which is why they can afford to blow so much money on a longshot trial.
      👍️0
      DewDiligence DewDiligence 2 years ago
      AVIR rejects Tang buyout offer, as expected:

      https://www.globenewswire.com/news-release/2023/05/30/2678205/0/en/Atea-Pharmaceuticals%5B%E2%80%A6%5DTang-Capital-Partners-Affiliate-Concentra-Biosciences.html

      The offer was for less than AVIR’s cash value.
      👍️0
      DewDiligence DewDiligence 2 years ago
      It's not a serious offering for the reason mentioned in #msg-171974875.
      👍️0
      mwn mwn 2 years ago
      Why is the sp going so far below the offering?
      👍️0
      DewDiligence DewDiligence 2 years ago
      Yes.
      👍️0
      Paullee Paullee 2 years ago
      Did you not notice that a CVR of 80% is included in the package?
      👍️0
      DewDiligence DewDiligence 2 years ago
      In other words, AVIR could do better than $5.75/sh by simply liquidating.
      👍️0
      DewDiligence DewDiligence 2 years ago
      AVIR acknowledges Tang buyout offer—makes_no_recommendation_to_shareholders—(yet):

      https://www.globenewswire.com/news-release/2023/05/23/2674788/0/en/Atea-Pharmaceuticals-Confirms-Receipt-of-Unsolicited-Proposal-from-Tang-Capital-Partners-Affiliate-Concentra-Biosciences.html

      Even thought Tang’s $5.75/sh offer is a big premium to where AVIR was trading prior to the offer, it’s less than AVIR’s cash value per share. Hence, it’s hard to see how AVIR’s BoD could accept the offer. They could make a counter-proposal, of course.
      👍️0
      DewDiligence DewDiligence 2 years ago
      Tang Capital makes_unsolicited AVIR buyout offer@$5.75/sh +CVR—a_55%_premium_to_Friday’s_close:

      https://www.sec.gov/Archives/edgar/data/1593899/000121465923007616/z519230sc13d.htm (scan to bottom)

      Why does Tang want to acquire AVIR? Presumably for AVIR’s COVID drug, AT-527, such as it is. AT-527 is a polymerase inhibitor that is similar to an HCV drug BMY dropped several years ago due to toxicity. AVIR is conducting a phase-3 trial in high-risk COVID patients using a daily dose of 1100 mg (550mg BID); the trial listing is at: https://www.clinicaltrials.gov/ct2/show/NCT05629962 .
      👍️0
      Awl416 Awl416 2 years ago
      Volume
      👍️0
      DewDiligence DewDiligence 2 years ago
      AVIR 1Q23 CC transcript:

      https://finance.yahoo.com/news/q1-2023-atea-pharmaceuticals-inc-140930636.html
      👍️0
      DewDiligence DewDiligence 2 years ago
      AVIR 1Q23 results:

      https://finance.yahoo.com/news/atea-pharmaceuticals-reports-first-quarter-200500951.html

      3/31/23 cash = $621M.
      👍️0
      V63 V63 2 years ago
      So AVIR beat its earnings, and now it might bump up a little tomorrow.
      👍️0
      DewDiligence DewDiligence 2 years ago
      AVIR reports final data from phase-2 COVID trial:

      https://www.globenewswire.com/news-release/2023/04/12/2645185/0/en/Atea-Announces-Presentation-of-Bemnifosbuvir-Data-Demonstrating-Reduced-Hospitalizations-for-COVID-19-Patients-at-2023-European-Congress-of-Clinical-Microbiology-Infectious-Disease.html
      👍️0
      DewDiligence DewDiligence 2 years ago
      AVIR 4Q22 CC transcript:

      https://finance.yahoo.com/news/atea-pharmaceuticals-inc-nasdaq-avir-022000995.html
      👍️0
      DewDiligence DewDiligence 2 years ago
      AVIR 4Q22 results—12/31/22 cash=$647M:

      https://www.globenewswire.com/news-release/2023/02/28/2617674/0/en/Atea-Pharmaceuticals-Reports-Fourth-Quarter-and-Full-Year-2022-Financial-Results-and-Provides-Business-Update.html

      AVIR expects the interim analysis of the SUNRISE-3 (COVID) phase-3 trial to occur in 2H23. One possible outcome of the interim analysis is increasing the number of patients to provide more statistical power for the final analysis.
      👍️0
      DewDiligence DewDiligence 2 years ago
      AVIR JPM webcast slides:

      https://ir.ateapharma.com/static-files/731c461d-37e4-4364-8a12-eb605580b0aa
      👍️0
      DewDiligence DewDiligence 2 years ago
      AVIR 2023 newsflow:

      https://finance.yahoo.com/news/atea-pharmaceuticals-highlights-strategic-priorities-120000077.html
      👍️0
      DewDiligence DewDiligence 2 years ago
      AVIR 3Q22 results—9/30/22 cash=$665M:

      https://finance.yahoo.com/news/atea-pharmaceuticals-reports-third-quarter-210500282.html

      A phase-3 trial of Bemnifosbuvir (f/k/a AT-527) in 1,500 high-risk, non-hospitalized COVID patients is expected to start by the end of 2022. AVIR is defining “high-risk” as: a) age 80+; b) age 65+ with 1 or more major risk factors; or c) an immunocompromised adult of any age.

      The daily dose of Bemnifosbuvir is a whopping 1100mg (550mg BID).
      👍️0
      DewDiligence DewDiligence 3 years ago
      AVIR 2Q22 results—6/30/22_cash=$684.5M (down from $705.5M at 3/31/22):

      https://finance.yahoo.com/news/atea-pharmaceuticals-reports-second-quarter-200500782.html
      👍️0
      DewDiligence DewDiligence 3 years ago
      AVIR 3/31/22 cash=$705.5M—burning $58.9M in 1Q22...

      1Q22 PR:
      https://finance.yahoo.com/news/atea-pharmaceuticals-reports-first-quarter-103000747.html

      1Q22 CC slides:
      https://ir.ateapharma.com/static-files/8a966559-367b-4a3b-96c0-ff21958c0562
      👍️0
      DewDiligence DewDiligence 3 years ago
      LOL re AVIR’s attempt to be relevant:

      https://www.globenewswire.com/news-release/2021/12/14/2352116/0/en/Atea-Pharmaceuticals-Introduces-New-Strategic-Clinical-Development-Program-for-AT-527-in-COVID-19.html
      👍️0
      Jake L Jake L 3 years ago
      AVIR - Friday Rundown, Monday Expectations

      👍️0
      Wallst_junkie Wallst_junkie 3 years ago
      Watching for a uptrend
      👍️0
      dealerschool2006 dealerschool2006 3 years ago
      GOOD JOB!!! ya, by the time I discovered AVIR it had gone up 50% from the bottom...
      👍️0
      crudeoil24 crudeoil24 3 years ago
      Wow! That's why you don't hold these Pharma overnight.

      AVIR
      👍️0
      TheFinalCD TheFinalCD 3 years ago
      wow went sub $11 and traded the whole float, shit it traded the whole OS 1.5x today https://finviz.com/quote.ashx?t=AVIR
      👍️0
      DewDiligence DewDiligence 3 years ago
      Why AVIR's AT-527 program is no-go: #msg-166425975.
      👍️0
      XWAVXALMIMAN XWAVXALMIMAN 3 years ago
      David v Goliath

      Interesting article - check out RDHL

      https://www.yahoo.com/entertainment/david-v-goliath-race-develop-123328764.html
      👍️0
      Chess Master Chess Master 3 years ago
      What a drop
      👍️0
      ecommceo ecommceo 3 years ago
      Way over sold here.
      👍️0
      Planopenny Planopenny 3 years ago
      Out at $16, easy $$$
      👍️0
      Docstemcell2020 Docstemcell2020 3 years ago
      Let's go Brandon! FJB :)
      👍️0
      DewDiligence DewDiligence 3 years ago
      AVIR CC slides (largely BS, IMO):

      https://ir.ateapharma.com/static-files/d72bd065-82b3-4eeb-ad3a-40c5518d66d6
      👍️0
      Planopenny Planopenny 3 years ago
      In at $10
      👍️0
      rosemountbomber rosemountbomber 3 years ago
      Well the shit just hit the fan. Didn’t meet primary in study. Stock dow $28
      👍️0
      rosemountbomber rosemountbomber 3 years ago
      Thanks DD
      👍️0
      DewDiligence DewDiligence 3 years ago
      The primary endpoint in MRK’s molnupiravir trial was the proportion of patients, relative to placebo, who died or needed hospitalization within 28 days:

      https://clinicaltrials.gov/ct2/show/NCT04575597
      👍️0
      rosemountbomber rosemountbomber 3 years ago
      So I have to confess to my ignorance when it comes to anti-viral clinical trials. It appears that the primary outcome studied in the AT-527 phase 3 trial is evaluated using a Covid 19 Symptom Diary. It does not sound like it is something very precise when asking a patient to score themselves on these 12 questions (which I have not exactly found yet).

      But my question is, did the Merck drug molnupiravir get tested using this same method (symptom diary)? It must have been more than that at least as they also measure deaths, etc. - although that may have been secondary outcomes.
      👍️0
      Whalatane Whalatane 3 years ago
      AVIR presentation tomorrow Oct 5th

      https://newsfilter.io/articles/atea-pharmaceuticals-to-present-at-guggenheim-2nd-annual-vaccines--infectious-day-conference-42a958b2016103f267b2f6525ac4ac0c

      Kiwi
      👍️0
      crudeoil24 crudeoil24 3 years ago
      You bet! > AVIR up 45% @ 50.05
      👍️0
      Whalatane Whalatane 3 years ago
      Thx for the updates

      Kiwi
      👍️0
      crudeoil24 crudeoil24 3 years ago
      AVIR up 45% @ 50.05 > premarket.
      👍️0
      crudeoil24 crudeoil24 3 years ago
      AVIR > 53M share trading float.
      👍️0

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