Overview
Switzerland biopharma's Q1 loss per share narrowed yr/yr
Company closed $132 mln offering, extending cash runway into 2028
Key Phase 3 trial data for lead drug expected in Q3 2026, NDA submission on-track for 1H 2026
Outlook
Pharvaris expects topline CHAPTER-3 Phase 3 data for deucrictibant XR in 3Q2026
Company plans NDA submission for deucrictibant IR for HAE on-demand treatment in 1H2026
Pharvaris expects cash runway to extend into 2028 after $132 mln offering
Result Drivers
CLINICAL PIPELINE PROGRESS - Co said ongoing late-stage trials and preparations for regulatory submissions drove operational focus
DISCIPLINED CAPITAL ALLOCATION - Co attributed financial discipline to prioritizing success of lead drug, supported by recent $132 mln raise
Company press release: ID:nGNXbDpSNw
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
-EUR 0.59
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy"
Wall Street's median 12-month price target for Pharvaris NV is $43.50, about 45.2% above its May 11 closing price of $29.95
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)