other material
confidence high
sentiment positive
materiality 0.90
Reviva announces positive Phase 3 RECOVER trial results for brilaroxazine in schizophrenia
REVIVA PHARMACEUTICALS HOLDINGS, INC.
- Primary endpoint met: brilaroxazine 50 mg showed 10.1-point PANSS reduction vs placebo (p<0.001) at week 4.
- Statistically significant improvements in all major symptom domains and secondary endpoints at 50 mg dose.
- Well-tolerated with no drug-related SAEs; discontinuation rates lower than placebo (16% vs 22%).
- Plans to report OLE topline data in Q4 2024 and initiate Phase 3 RECOVER-2 in Q1 2024; NDA submission expected 2025.