other material
confidence high
sentiment negative
materiality 0.70
Vir Biotech reports HBsAg loss in MARCH study but halts Phase 3 for chronic HBV without partner
Vir Biotechnology, Inc.
- HBsAg loss 24 weeks post-treatment: 17% (3/18) and 21% (3/14) in low baseline HBsAg patients with tobevibart+elebsiran without/with PEG-IFNα.
- No global development partner secured for chronic HBV; Phase 3 will not proceed.
- Company to streamline final stages of MARCH Phase 2, focusing on hepatitis delta ECLIPSE Phase 3 and T-cell engager oncology programs.
- Cash runway guidance into mid-2027 reaffirmed based on current operating plan.
- Safety profile consistent; no new concerns; generally mild/moderate adverse events.