earnings
confidence high
sentiment positive
materiality 0.75
Theriva Biologics Q1 2025: VCN-01 Ph2b meets endpoints; cash runway extended into Q1 2026
Theriva Biologics, Inc.
2025-Q1 EPS reported
-$1.55
- VCN-01 plus gemcitabine/nab-paclitaxel increased OS, PFS, DOR in mPDAC vs SoC alone in Phase 2b.
- Two doses of VCN-01 showed greater OS benefit than one dose in patients receiving ≥4 chemo cycles.
- Closed public offering of 6,818,180 shares and warrants at $1.10/unit, gross proceeds ~$7.5M.
- Cash balance post-offering $14.1M, extending runway into Q1 2026.
- Q1 2025 G&A $1.4M (-25% YoY); R&D $3.0M (-14% YoY).