other material
confidence high
sentiment positive
materiality 0.85
Reviva Pharmaceuticals: Phase 3 RECOVER study enrollment exceeds 80%; topline data expected Q3 2023
REVIVA PHARMACEUTICALS HOLDINGS, INC.
- Over 80% of patients enrolled in pivotal Phase 3 RECOVER study of brilaroxazine for schizophrenia; enrollment ongoing in US, Europe, Asia.
- Topline data from the ~400-patient placebo-controlled trial expected in Q3 2023.
- Company also reports $5.7M in gross proceeds from Q2 2023 warrant exercises: $4.74M from common warrants at $2.40/share and $0.915M from investor warrants at $4.125/share.