View Future GrowthVir Biotechnology 과거 순이익 실적과거 기준 점검 0/6Vir Biotechnology 의 수입은 연평균 -40%의 비율로 감소해 온 반면, Biotechs 산업은 연평균 36.2%의 비율로 증가했습니다. 매출은 연평균 46.3%의 비율로 감소해 왔습니다.핵심 정보-40.03%순이익 성장률-39.20%주당순이익(EPS) 성장률Biotechs 산업 성장률17.04%매출 성장률-46.32%자기자본이익률-54.47%순이익률-675.96%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 08First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: US$0.85 loss per share. Net loss: US$125.7m (loss widened 3.9% from 1Q 2025). Revenue missed analyst estimates by 100%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US.Reported Earnings • Feb 24Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: US$3.16 loss per share (improved from US$3.83 loss in FY 2024). Revenue: US$68.6m (down 7.6% from FY 2024). Net loss: US$438.0m (loss narrowed 16% from FY 2024). Products in clinical trials Phase I: 3 Phase III: 1 Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates by 3.7%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 07Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: US$1.17 loss per share (improved from US$1.56 loss in 3Q 2024). Revenue: US$240.0k (down 90% from 3Q 2024). Net loss: US$163.1m (loss narrowed 24% from 3Q 2024). Revenue missed analyst estimates by 88%. Earnings per share (EPS) also missed analyst estimates by 38%. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.공시 • Oct 23Vir Biotechnology, Inc. to Report Q3, 2025 Results on Nov 05, 2025Vir Biotechnology, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 05, 2025Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: US$0.80 loss per share (improved from US$1.02 loss in 2Q 2024). Revenue: US$1.21m (down 61% from 2Q 2024). Net loss: US$111.0m (loss narrowed 20% from 2Q 2024). Revenue missed analyst estimates by 55%. Earnings per share (EPS) also missed analyst estimates by 9.9%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.공시 • Jul 23Vir Biotechnology, Inc. to Report Q2, 2025 Results on Aug 06, 2025Vir Biotechnology, Inc. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Aug 06, 2025모든 업데이트 보기Recent updates속보 • Jun 07Vir Biotechnology Reports Wider Loss as Astellas Deal Fuels Late-Stage Oncology and Hepatitis TrialsVir Biotechnology reported a Q1 2026 net loss of $125.7 million, or an EPS of $0.85 loss, which came in wider than expected and coincided with a decline in the stock. The company closed a global collaboration with Astellas valued at up to $1.7 billion centered on VIR-5500, a prostate cancer candidate that uses Vir’s PRO-XTEN dual-masked T cell engager platform, with plans for a registrational Phase 3 trial in 2027. Vir ended the quarter with $809.3 million in cash and investments, which it expects to fund operations into the second half of 2028, while also advancing its chronic hepatitis delta program following positive Phase 2 SOLSTICE data and preparing for pivotal Phase 3 ECLIPSE 1 topline results by late 2026 or early 2027. The key takeaway is that Vir is absorbing ongoing losses while leaning on its cash position and large Astellas collaboration to push both oncology and hepatitis delta programs toward late-stage trials. For investors, the balance between continued cash burn and the timing and outcome of these clinical and partnership milestones is central to assessing the risk profile of the stock.내러티브 업데이트 • Jun 04VIR: Oncology Partnership And Prostate Cancer Data Will Support Future UpsideThe analyst consensus price target for Vir Biotechnology has edged down by $1 to reflect updated views on the company, with analysts citing the latest Morgan Stanley research as part of their rationale. What's in the News Superstring Capital Management opened a new US$6m position in Vir Biotechnology, acquiring more than 730,000 shares as part of a broader focus on the company’s clinical programs and partnerships.공시 • May 28Vir Biotechnology, Inc. Announces Changes in Board and Audit Committee, Effective May 26, 2026On May 25, 2026, Saira Ramasastry, M.S., M.Phil., a member of the Board of Directors of Vir Biotechnology, Inc. and Chair of the Company’s Audit Committee (the Audit Committee), informed the Company that, due to a business conflict, she will be stepping down from her role as a member of the Board and the Audit Committee, effective May 26, 2026. Ms. Ramasastry’s decision to step down from the Board is not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. The Board expresses its appreciation for Ms. Ramasastry’s service as a director and contributions to the Board and the Company. On May 26, 2026, upon the recommendation of the Nominating and Corporate Governance Committee of the Board, the Board approved the appointment of Robert More, MBA as Chair of the Audit Committee and a decrease in the size of the Board from eight to seven members, each effective upon Ms. Ramasastry’s departure from the Board.공시 • May 20Vir Biotechnology, Inc. Presents Complete Week 96 Data from Phase 2 Solstice Clinical Trial in Hepatitis DeltaVir Biotechnology, Inc. announced the Company will present data from the Phase 2 SOLSTICE trial evaluating the combination of tobevibart and elebsiran for chronic hepatitis delta at the upcoming EASL Congress 2026 in Barcelona, Spain, May 27-30, 2026. CHD is the most severe form of chronic viral hepatitis and was recently classified as carcinogenic by the International Agency for Research on Cancer. People living with the disease rapidly progress to cirrhosis, liver failure and liver-related death. Because ongoing hepatitis delta virus (HDV) replication drives disease progression, achieving undetectable virus, as defined by HDV RNA TND (target not detected), is considered an important virologic marker associated with improved clinical outcomes in CHD. Individuals with CHD who have detectable HDV RNA are at a higher risk of experiencing any liver-related event, including developing compensated and decompensated cirrhosis, hepatocellular carcinoma, liver transplantation and mortality, compared to patients with undetectable HDV RNA. There are currently no approved treatments in the U.S., and options are limited in the European Union and globally. Tobevibart and elebsiran are investigational agents being evaluated as a novel combination regimen administered monthly as two separate sequential subcutaneous injections for the treatment of CHD. The combination is designed to disrupt the HDV life cycle at multiple points by addressing both viral entry and the sustained presence of hepatitis B surface antigen (HBsAg) that enables ongoing HDV replication. Tobevibart is an investigational broadly neutralizing monoclonal antibody (mAb) targeting HBsAg. It is designed to inhibit the entry of hepatitis B and hepatitis delta viruses into hepatocytes and to reduce the level of circulating viral and subviral particles in the blood. Tobevibart was identified using Vir Biotechnology’s proprietary mAb discovery platform. The Fc domain has been engineered to increase immune engagement and clearance of HBsAg immune complexes and incorporates Xencor’s Xtend™ technology to extend half-life. Elebsiran is an investigational hepatitis B virus-targeting small interfering ribonucleic acid (siRNA) licensed from Alnylam Pharmaceuticals, Inc. It is designed to degrade hepatitis B virus RNA transcripts and limit the production of HBsAg.Seeking Alpha • May 16Vir Biotechnology: Trading Near Cash Value With A Huge Revenue OpportunitySummary Vir Biotechnology is rated a buy, supported by a strong cash position, pivotal late-stage pipeline, and deep institutional backing. VIR's lead CHD drugs, Tobevibart and Elebsiran, target a large, underserved market with potential for high margins and accelerated regulatory approval. The Astellas partnership secures funding for oncology development, extends the cash runway into 2028, and minimizes dilution risk ahead of key catalysts. With shares trading near cash value and major catalysts in 2026–2028, VIR offers asymmetric upside if pivotal trials succeed. Read the full article on Seeking Alpha분석 기사 • May 11Vir Biotechnology, Inc. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen NextThere's been a notable change in appetite for Vir Biotechnology, Inc. ( NASDAQ:VIR ) shares in the week since its...New Risk • May 11New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$450m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$450m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$272m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). Significant insider selling over the past 3 months (US$221k sold).Reported Earnings • May 08First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: US$0.85 loss per share. Net loss: US$125.7m (loss widened 3.9% from 1Q 2025). Revenue missed analyst estimates by 100%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US.내러티브 업데이트 • May 04VIR: Oncology Partnership And Prostate Cancer Data Will Drive Future UpsideNarrative Update: Vir Biotechnology Analyst Price Targets Analysts have lifted their average price target on Vir Biotechnology by several dollars to reflect the Astellas collaboration, encouraging VIR-5500 Phase 1 prostate cancer data, and faster than expected progress in hepatitis D, while also incorporating a higher future P/E assumption and slightly lower margin expectations into their models. Analyst Commentary Recent Street research on Vir Biotechnology clusters around a common theme, with multiple firms lifting price targets after the Astellas collaboration and updated VIR-5500 data.Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. President, CEO & Director Marianne De Backer was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.내러티브 업데이트 • Apr 20VIR: Oncology Collaboration And Prostate Cancer Data Will Support Future UpsideAnalysts have generally lifted their price targets on Vir Biotechnology into a $17 to $30 range, citing the Astellas collaboration, early VIR-5500 oncology data, and progress in hepatitis D as key reasons for the higher valuations. Analyst Commentary Recent Street research skews clearly positive on Vir Biotechnology, with several firms lifting price targets into the high teens to low thirties after reviewing oncology and hepatitis D updates and the Astellas partnership.공시 • Apr 17Vir Biotechnology, Inc., Annual General Meeting, May 26, 2026Vir Biotechnology, Inc., Annual General Meeting, May 26, 2026.공시 • Apr 14Vir Biotechnology Announces First Patient Dosed in Phase 1 Dose-Expansion Cohorts Evaluating PSMA-Targeted PRO-XTEN Dual-Masked T-Cell Engager VIR-5500 In Patients With Metastatic Prostate CancerVir Biotechnology, Inc. announced that the first patient has been dosed in one of three expansion cohorts in the Phase 1 trial evaluating VIR-5500, a prostate-specific membrane antigen (PSMA)-targeted, PRO-XTEN dual-masked T-cell engager (TCE) for metastatic prostate cancer (NCT05997615). The Phase 1 trial is measuring the safety and efficacy of VIR-5500 monotherapy in late-line metastatic castration-resistant prostate cancer (mCRPC), and of VIR-5500 in combination with an androgen receptor pathway inhibitor (ARPI) in early-line mCRPC and metastatic hormone-sensitive prostate cancer (mHSPC). The monotherapy expansion cohort in late-line mCRPC is the first to begin enrollment based on the monotherapy dose-escalation data that showed VIR-5500 has a favorable safety profile and promising anti-tumor activity in mCRPC. These safety and efficacy data were presented at the 2026 American Society of Clinical Oncology (ASCO) Genitourinary Cancers Symposium in February. Based on these data, the selected dose regimen to be evaluated in this monotherapy expansion cohort is Third Quarter 800/2000/3500 µg/kg step-up dosing. This expansion cohort will measure safety and efficacy, including Prostate-Specific Antigen (PSA) response rate and Objective Response Rate (ORR) in patients with mCRPC who are refractory following treatment with multiple prior lines of therapy including at least one second-generation ARPI and one taxane regimen in addition to standard-of-care radioligand-based therapy. Dose-escalation of VIR-5500 in combination with enzalutamide continues in early-line mCRPC patients. The Company anticipates dosing of first patients in the combination dose-expansion cohorts in both early-line mCRPC and mHSPC over the coming months, followed by pivotal Phase 3 trials in 2027.내러티브 업데이트 • Apr 05VIR: Oncology Partnership And Prostate Cancer Data Will Drive Future UpsideAnalysts have raised their price targets on Vir Biotechnology to a range of roughly $17 to $30, citing the Astellas collaboration, encouraging VIR-5500 oncology data, and progress in the hepatitis D program as key reasons for updating their views. Analyst Commentary Recent research shows a clear skew toward optimism on Vir Biotechnology, with several firms lifting their price targets and reassessing the company around its oncology and hepatitis D franchises.내러티브 업데이트 • Mar 21VIR: Oncology Partnership And Hepatitis Delta Progress Will Drive Future UpsideNarrative Update: Vir Biotechnology Analyst Price Target Shift The Street has adjusted its view on Vir Biotechnology, with the consolidated analyst price target now in the high teens to around $20. Analysts cite the Astellas collaboration, VIR-5500 Phase 1 data in prostate cancer, and progress in hepatitis D as key reasons for the reassessment.내러티브 업데이트 • Mar 06VIR: Oncology Partnership And Hepatitis Delta Data Will Drive Future Upside RepricingAnalysts have lifted their average fair value estimate for Vir Biotechnology to about $20.78 from $16.56, as recent price target hikes highlight growing confidence in the Astellas oncology collaboration, VIR-5500 prostate cancer data and progress in hepatitis D. Analyst Commentary Recent research updates show a clear shift in how Wall Street is framing Vir Biotechnology, with a cluster of higher price targets and one downgrade earlier in the period reflecting both stronger conviction around oncology and hepatitis D, and some lingering questions about execution and risk.New Risk • Mar 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$307m net loss in 3 years). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding).Recent Insider Transactions Derivative • Mar 03Independent Chairman exercised options and sold US$350k worth of stockOn the 24th of February, Vicki Sato exercised 42k options at a strike price of around US$1.49 and sold these shares for an average price of US$9.75 per share. This trade did not impact their existing holding. Since June 2025, Vicki's direct individual holding has decreased from 1.31m shares to 1.14m. Company insiders have collectively sold US$908k more than they bought, via options and on-market transactions in the last 12 months.Major Estimate Revision • Mar 02Consensus revenue estimates increase by 1,089%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from US$8.60m to US$102.3m. Forecast losses expected to reduce from -US$2.76 to -US$2.23 per share. Biotechs industry in the US expected to see average net income decline 8.5% next year. Consensus price target up from US$16.56 to US$20.22. Share price rose 22% to US$9.09 over the past week.공시 • Feb 26Vir Biotechnology, Inc. has completed a Follow-on Equity Offering in the amount of $150.000002 million.Vir Biotechnology, Inc. has completed a Follow-on Equity Offering in the amount of $150.000002 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 17,647,059 Price\Range: $8.5 Discount Per Security: $0.4675공시 • Feb 25Vir Biotechnology, Inc. has filed a Follow-on Equity Offering in the amount of $200 million.Vir Biotechnology, Inc. has filed a Follow-on Equity Offering in the amount of $200 million. Security Name: Common Stock Security Type: Common StockNew Risk • Feb 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$300m net loss in 3 years). Share price has been volatile over the past 3 months (13% average weekly change).Reported Earnings • Feb 24Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: US$3.16 loss per share (improved from US$3.83 loss in FY 2024). Revenue: US$68.6m (down 7.6% from FY 2024). Net loss: US$438.0m (loss narrowed 16% from FY 2024). Products in clinical trials Phase I: 3 Phase III: 1 Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates by 3.7%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.Recent Insider Transactions Derivative • Feb 24CEO & Director notifies of intention to sell stockMarianne De Backer intends to sell 19k shares in the next 90 days after lodging an Intent To Sell Form on the 23rd of February. If the sale is conducted around the recent share price of US$7.45, it would amount to US$142k. For the year to December 2023, Marianne's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Marianne's direct individual holding has increased from 98.75k shares to 163.15k. Company insiders have collectively sold US$557k more than they bought, via options and on-market transactions in the last 12 months.공시 • Feb 24Vir Biotechnology, Inc. Reports Positive Updated Phase 1 Results for Psma-Targeting, Pro-Xten®? Dual- Masked T-Cell Engager Vir-5500 in Patients with Metastatic Prostate CancerVir Biotechnology, Inc. announced new data from the ongoing Phase 1 clinical trial of VIR-5500, a prostate-specific membrane antigen (PSMA)-targeting, PRO-XTEN dual-masked T-cell engager (TCE) being evaluated in patients with advanced metastatic castration-resistant prostate cancer (mCRPC) who have progressed after multiple lines of therapy (NCT05997615). These data suggest that VIR-5500 monotherapy is well tolerated and exhibits promising anti-tumor activity. Data will be presented in an oral presentation at the 2026 American Society of Clinical Oncology (ASCO) Genitourinary Cancers Symposium on February 26 in San Francisco, CA (Oral Abstract #17). When members of the executive team and Dr. de Bono will share the updated VIR-5500 Phase 1 data that is also being presented at the 2026 ASCO Genitourinary Cancers symposium on February 26. VIR-5500 is an investigational PRO-XTEN Dual-masked TCE currently being evaluated in an open-label, non-randomized Phase 1 clinical trial (NCT059976 15) designed to assess the safety, pharmacokinetics and preliminary efficacy in participants with metastatic castration- resistant prostate cancer (mCRPC). Vir Biotechnology's clinical development plans and expectations for VIR-5500, including protocols for and enrollment into ongoing and planned clinical trials (including monotherapy dose-expansion cohorts in late-line mCRPC and mHSPC in the second quarter of 2026, followed by pivotal Phase 3 trials in 2027), target endpoints and data readouts; Many factors may cause differences between current expectations and actual results, including, without limitation: unexpected safety or efficacy data or results observed during clinical studies or in data readouts, including the occurrence of adverse safety events; risks of unexpected costs, delays or other unexpected hurdles; challenges in accessing manufacturing capacity; clinical site activation rates or clinical enrollment rates that are lower than expected; the timing and outcome of Vir Biotechnology's planned interactions with regulatory authorities, as well as general difficulties in obtaining any necessary regulatory approvals; successful development and/or commercialization of alternative product candidates by Vir Biotechnology's competitors, as well as changes in expected or existing competition; geopolitical changes or other external factors; and unexpected litigation or other disputes. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical studies may not be indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval.내러티브 업데이트 • Feb 19VIR: SOLSTICE Hepatitis Delta Data Will Drive Future Upside Repricing PotentialAnalysts have slightly increased their price expectations for Vir Biotechnology, with the average fair value estimate rising by about $0.22 to $16.56 as recent VIR-5500 oncology optionality and SOLSTICE 96-week hepatitis delta data are incorporated into updated models. Analyst Commentary Recent research updates on Vir Biotechnology reflect a mix of optimism around the company’s clinical data and pipeline optionality, balanced against questions about long term execution and valuation risk.내러티브 업데이트 • Feb 05VIR: SOLSTICE Hepatitis Delta Data Will Drive Future Repricing PotentialNarrative Update Analysts have trimmed their fair value estimate for Vir Biotechnology from about $17.63 to $16.33 as they factor in higher perceived risk via an increased discount rate. This comes even as they acknowledge stronger revenue growth assumptions, wider profit margins, and updated views on valuation multiples following recent SOLSTICE data and price target revisions from the Street.공시 • Jan 13Vir Biotechnology, Inc. Provides Updates on Chronic Hepatitis Delta and Oncology ProgramsVir Biotechnology, Inc. provided key program updates, including new positive data from the ongoing SOLSTICE Phase 2 trial in chronic hepatitis delta (CHD). Participants receiving the combination therapy of tobevibart, an investigational neutralizing monoclonal antibody (mAb), and elebsiran, an investigational small interfering RNA (siRNA), showed increased and sustained viral suppression of HDV RNA versus treatment with the antibody alone in participants who have reached Week 96 of treatment. Data from the Phase 2 SOLSTICE trial to be presented at the 44h Annual J.P. Morgan Healthcare Conference demonstrate that undetectable hepatitis delta virus RNA (HDV RNA Target Not detected, TND) was achieved and maintained by 77% (24/31) of participants receiving the combination of tobevibart and elebsiran at Week 72, and this rate increased to 88% (21/24) in the subset of participants evaluated through Week 96. Vir Biotechnology's clinical development plans and expectations for the ECLIPSE Phase 3 registrational program, including protocols for and enrollment into ongoing and planned clinical trials, target endpoints and data analyses or readouts (including the expectation of tobevibart 1 in the fourth quarter of 2026 for ECLIPSE 2 and ECLIPSE 3 in the first quarter of 2027); the therapeutic and potential of Vir Biotechnology's oncology solid tumor portfolio, preclinical pipeline and PRO-XTEN®? masking technology; Vir Biotechnology's clinical development plan and expectations for the VIR-5500 and VIR-5818 Phase 1 programs, including protocols for and enrolled by 77% (24/31) of participants receiving the combination tobevibart and Elebsiran at Week 72; and this rate increased to88% (21/24) In the subset of participants evaluated through week 96. Vir Biotechnology'sclinical development plans and expectations for theECLIPSE Phase 3 regulatory program, including protocols for and enrolling into ongoing and planned clinical trial, target endpoints and data analysis or readouts. Many factors may cause differences between current expectations and actual results, including, without limitation: unexpected safety or efficacy data or results observed during clinical studies or in data readouts, including the occurrence of adverse safety events; risks of unexpected costs, delays or other unexpected hurdles; challenges in accessing manufacturing capacity; clinical site activation rates or clinical enrollment rates that are lower than expected; the timing and outcome of Vir Biotechnology's planned interactions with regulatory authorities, as well as general difficulties in obtaining any necessary regulatory approvals; successful development and/or commercialization of alternative product candidates by Vir Biotechnology's competitors, as well as changes in expected or existing competition; geopolitical changes or other external factors; and unexpected litigation or other disputes. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical studies may not be indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval.Major Estimate Revision • Dec 19Consensus revenue estimates increase by 220%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$6.51m to US$20.8m. Forecast losses expected to reduce from -US$3.47 to -US$3.33 per share. Biotechs industry in the US expected to see average net income decline 6.5% next year. Consensus price target of US$17.22 unchanged from last update. Share price fell 11% to US$5.93 over the past week.Major Estimate Revision • Nov 12Consensus revenue estimates fall by 40%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$11.5m to US$6.84m. Forecast losses increased from -US$3.29 to -US$3.58 per share. Biotechs industry in the US expected to see average net income decline 9.6% next year. Consensus price target of US$17.22 unchanged from last update. Share price rose 8.8% to US$5.71 over the past week.분석 기사 • Nov 10Some Analysts Just Cut Their Vir Biotechnology, Inc. (NASDAQ:VIR) EstimatesThe analysts covering Vir Biotechnology, Inc. ( NASDAQ:VIR ) delivered a dose of negativity to shareholders today, by...공시 • Nov 10Vir Biotechnology, Inc. Announces AASLD The Liver Meeting®? Presentation & New England Journal of Medicine Publication of Phase 2 Data Demonstrating Tobevibart & Elebsiran Combination Deliver High Rates of Undetectable HDV RNA with Favorable Safety ProfileVir Biotechnology, Inc. announced that Week 48 endpoint analysis from the Company's Phase 2 SOLSTICE trial for chronic hepatitis delta (CHD) demonstrated that participants receiving a monthly dose of the combination of tobevibart and elebsiran achieved robust and sustained rates of hepatitis delta virus (HDV) RNA target not detected (TND), including those participants with cirrhosis and high baseline HDV RNA. The combination also showed alanine aminotransferase (ALT) reductions over time and a favorable safety profile. These data were presented in an oral session at the American Association for the Study of Liver Diseases (AASLD) The Liver Meeting®?, in Washington, D.C., and simultaneously published in the New England Journal of Medicine. Data demonstrate that 66% (21/32) of participants with CHD receiving a monthly dose of the combination of tobevibart and elebsiran achieved and sustained HDV RNA TND at 48 weeks. Additionally, approximately 90% of participants achieved reduction in hepatitis B surface antigen (HBsAg) to values.Reported Earnings • Nov 07Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: US$1.17 loss per share (improved from US$1.56 loss in 3Q 2024). Revenue: US$240.0k (down 90% from 3Q 2024). Net loss: US$163.1m (loss narrowed 24% from 3Q 2024). Revenue missed analyst estimates by 88%. Earnings per share (EPS) also missed analyst estimates by 38%. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.공시 • Nov 04Vir Biotechnology, Inc. Announces Completion of Enrollment in ECLIPSE 1 Phase 3 Trial for Chronic Hepatitis DeltaVir Biotechnology, Inc. announced the completion of enrollment for ECLIPSE 1, a Phase 3 trial evaluating the safety and efficacy of the combination of tobevibart and elebsiran in patients with chronic hepatitis delta (CHD). ECLIPSE 1 is one of three trials in Vir Biotechnology's ECLIPSE registrational program for CHD, and it is designed to provide the efficacy and safety data needed for potential submission to global regulatory agencies, including in the U.S. and Europe. The last patient in ECLIPSE 1 is expected to reach the trial's primary endpoint (primary completion date) in the fourth quarter of 2026, with topline data expected in the first quarter of 2027. The objective is to eliminate the virus, and tobevibart in combination with elebsiran offers the potential to achieve this by tackling the viral lifecycle through multiple mechanisms. The significant unmet need in CHD and the potential for the combination of tobevIBart and elebsiran to provide a much-needed treatment option has been recognized by the U.S. Food and Drug Administration (FDA) with Breakthrough Therapy and Fast Track designations, and by the European Medicines Agency (EMA) with Priority Medicines (PRIME) and orphan drug designations.공시 • Oct 23Vir Biotechnology, Inc. to Report Q3, 2025 Results on Nov 05, 2025Vir Biotechnology, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 05, 2025공시 • Oct 10Vir Biotechnology, Inc. Announces First Patient Dosed in Part 3 of Phase 1 Trial of Psma-Targeting PRO-XTENVir Biotechnology, Inc. announced that the first patient has been dosed in Part 3 of the Company's Phase 1 clinical trial evaluating VIR-5500 in combination with androgen receptor pathway inhibitors (ARPIs). VIR-5500 is an investigational PRO-XTEN dual-masked T-cell engager (TCE) targeting prostate-specific membrane antigen (PSMA) and will be evaluated in participants in first-line pre-taxane metastatic castration-resistant prostate cancer (mCRPC). VIR-5500 are the only dual-masked PSMA-targeting TCE currently in clinical trials. The Phase 1 clinical trial is an open-label, non-randomized study designed to assess the safety, pharmacokinetics and preliminary anti-tumor activity of VIR-5500 in collaboration with ARPIs in participants with metastatic prostate cancer. VIR-5500 is currently being evaluated in the same Phase 1 clinical trial as a monotherapy and has demonstrated promising early anti-tumor activity and a favorable safety profile in heavily pre-treated patients with mCRPC. VIR-5500 incorporates the universal PRO-XTEN®? masking technology, which is designed to enable the selective activation of the TCEs in the tumor microenvironment, mitigating damage to healthy cells and reducing toxicity. T-cell engagers (TCEs) are powerful anti-tumor agents that can direct the immune system, specifically T-cells, to destroy cancer cells. VIR-5500 are an investigational PRO-XTen®? masked TCE currently being evaluated in an open-label, non -randomized Phase 1 clinical trial (NCT05997615) designed to assess the safety, Pharmacokinetics, and preliminary efficacy of VIR-5500 In participants with metastatic castration-resistant cancer (mCRPC).VIR-5500 combines a bispecific PSMA and CD3 binding TCE with the PRO-XTEN®? masksing technology.분석 기사 • Aug 09Vir Biotechnology, Inc. (NASDAQ:VIR) Analysts Are Cutting Their Estimates: Here's What You Need To KnowAs you might know, Vir Biotechnology, Inc. ( NASDAQ:VIR ) last week released its latest quarterly, and things did not...Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: US$0.80 loss per share (improved from US$1.02 loss in 2Q 2024). Revenue: US$1.21m (down 61% from 2Q 2024). Net loss: US$111.0m (loss narrowed 20% from 2Q 2024). Revenue missed analyst estimates by 55%. Earnings per share (EPS) also missed analyst estimates by 9.9%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.공시 • Aug 06Vir Biotechnology, Inc. Successfully Initiates All Trials in ECLIPSE Registrational Program for Chronic Hepatitis DeltaVir Biotechnology, Inc. announced the enrollment of the first participant in ECLIPSE 3. All three trials in the Company's registrational ECLIPSE program for chronic hepatitis delta (CHD) have now been initiated. ECLIPSE 3 is a Phase 2b trial designed to compare the combination of tobevibart and elebsiran to bulevirtide treatment in patients with CHD. ECLIPSE 3 will provide important supportive data to help establish access and reimbursement in key markets. CHD is the most severe form of chronic viral hepatitis,1 with people living with the disease rapidly progressing to cirrhosis, liver failure2 and liver-related death.1 The objective of therapy is to eliminate the virus. Cobevibart in combination with elebsiran offers the potential to achieve this by tackling the viral lifecycle through multiple mechanisms. The potential of the combination of tobevIBart and elebsiran has been recognized by Breakthrough Therapy and Fast Track designations from the U.S. Food and Drug Administration (FDA), along with Priority Medicines (PRIME) and orphan drug status from the European Medicines Agency (EMA). These designations support the expedited development of treatments for serious diseases where there is a significant unmet medical need. About the ECLIPSE Registrational Program: ECLIPSE is a registrational program to evaluate the safety and efficacy of tobevibart in combination with eleBSiran in patients with chronic hepatitis delta (CHD). words such as "should," "could," " may," " might," "will," "plan," "pot potential," "aim," "ex expect," "anticipate," "promising" and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. Forward-looking statements contained in this press release include, but are not limited to, statements regarding: the therapeutic potential of the combination of to bevibart and Elebsiran to treat CHD and Vir Biotechnology's belief that it can establish a new standard of care in both newly diagnosed and previously treated patients with CHD; Vir Biotechnology's clinical development plans and expectations for the ECLIPSE Phase 3 registrational program, including protocols for and enrollment into ongoing and planned clinical studies, target endpoints and data readouts; Vir Biotechnology's strategy and plans; and any assumptions underlying any of the foregoing. Many factors may cause differences between current expectations and actual results, including, without limitation: unexpected safety or efficacy data or results observed during clinical studies or in data readouts, including the occurrence of adverse safety events; risks of unexpected costs, delays or other unexpected hurdles; challenges in accessing manufacturing capacity; clinical site activation rates or clinical enrollment rates that are lower than expected; the timing and outcome of Vir Biotechnology's planned interactions with regulatory authorities, as well as general difficulties in obtaining any necessary regulatory approvals; successful development and/or commercialization of alternative product candidates by Vir Biotechnology's competitors, as well as changes in expected or existing competition; geopolitical changes or other external factors; and unexpected litigation or other disputes. In light of these risks and uncertainties, the events or circumstances referred to in the forward-looking statements may not occur. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical studies may not be indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval. The actual results may vary from the anticipated results, and the variations may be material.공시 • Aug 01Vir Biotechnology Initiates Second Pivotal Trial in Its Global Eclipse Registrational Program for Chronic Hepatitis DeltaVir Biotechnology, Inc. announced the enrollment of the first participant in the ECLIPSE 2 Phase 3 clinical trial, which is designed to compare the combination of tobevibart and elebsiran to continued bulevirtide monotherapy in participants with chronic hepatitis delta (CHD) who have not achieved undetectable hepatitis delta virus (HDV) RNA despite bulevirtide treatment. ECLIPSE 2 is one of three trials in Vir Biotechnology's registrational ECLIPSE program for CHD, which was initiated in March 2025.obevibart in combination with elebsiran offers the potential to achieve this by tackling the viral lifecycle through multiple mechanisms. The significant unmet need in CHD and the potential for tobevibart and Elebsiran to provide a much-needed treatment option has been recognized by the U.S. Food and Drug Administration (FDA) with Breakthrough Therapy and Fast Track designations, and by the European Medicines Agency (EMA) with Priority Medicines (PRIME) and oban drug designations. ECLIPSE is a registrational program to evaluate the safety and efficacy of tobevibart in combination with Elebsiran in patients with chronic hepatitis delta (CH D). Forward-looking statements contained in this press release include, but are not limited to, statements regarding: the therapeutic potential of the combination of tobevIBart and elebsiran To treat CHD and Vir Biotechnology's belief that it can be a highly effective and transformative treatment option for these patients; Vir Biotechnology's clinical development plans and expectations for the ECLIPSE Phase 3 registrational program, including protocols for and enrollment into ongoing and planned clinical studies, target endpoints and data readouts; Vir Biotechnology's strategy and plans; and any assumptions underlying any of the foregoing. Many factors may cause differences between current expectations and actual results, including, without limitation: unexpected safety or efficacy data or results observed during clinical studies or in data readouts, including the occurrence of adverse safety events; risks of unexpected costs, delays or other unexpected hurdles; challenges in accessing manufacturing capacity; clinical site activation rates or clinical enrollment rates that are lower than expected; the timing and outcome of Vir Biotechnology's planned interactions with regulatory authorities, as well as general difficulties in obtaining any necessary regulatory approvals; successful development and/or commercialization of alternative product candidates by Vir Biotechnology's competitors, as well as changes in expected or existing competition; geopolitical changes or other external factors; and unexpected litigation or other disputes. In light of these risks and uncertainties, the events or circumstances referred to in the forward-looking statements may not occur. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical studies may not be indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval. The actual results may vary from the actual results may vary from the time to time to time to time to date.공시 • Jul 24Vir Biotechnology, Inc. Announces First Patient Dosed in Phase 1 Clinical Trial of EGFR-Targeting PRO-XTEN™? Dual- Masked T-Cell Engager VIR-5525 for the Treatment of Solid TumorsVir Biotechnology, Inc. announced that the first patient has been dosed in the Company's Phase 1 clinical trial evaluating VIR-5525, an investigational dual-masked T-cell engager (TCE) targeting EGFR (epidermal growth factor receptor). VIR-5525 will be evaluated for the treatment of a variety of EGFR-expressing solid tumors in areas of high unmet need such as non-small cell lung cancer (NSCLC), colorectal cancer (CRC), head and neck squamous cell carcinoma (HNSCC), and cutaneous squamous cell carcinoma (cSCC). The Phase 1 clinical trial (NCT06960395) is a first-in-human open-label, non-randomized study designed to assess the safety, pharmacokinetics, and preliminary anti-tumor activity of VIR-5525 as a monotherapy and in combination with pembrolizumab. VIR-5525 is Vir Biotechnology's third dual-masked TCE in clinical trials. It incorporates the Company's clinically validated in-licensed PRO-XTEN™? masking technology, which is designed to enable the selective activation of the TCEs in the tumor microenvironment, mitigating damage to healthy cells and reducing toxicity. EGFR is a clinically validated target known to play a key role in cancer. Although EGFR-targeting therapies are available, they often face limitations due to the development of resistance mechanisms and high toxicities associated with treatment. The first patient dosing of VIR-5525 triggers a $75 million milestone payment as part of the Company's 2024 exclusive worldwide license agreement with Sanofi for the PRO-XTEN™? platform and clinical-stage T-cell engagers. This anticipated milestone payment has been held as restricted cash since the transaction closing and was included from the Company's $1.02 billion in cash, cash equivalents and investments reported as of March 31, 2025. The payment will be recognized as a research and development expense in the third quarter of 2025. Dose escalation continues for Vir Biotechnology's dual-masked TCEs VIR-5818 (targeting a variety of HER2-expressing solid tumors) and VIR-5500 (targeting PSMA in metastatic castration-resistant prostate cancer). Initial Phase 1 data presented in January 2025 [2] data presented in January 2025 [1] and VIR-5500 [2] in the first patient dosing of V IR-5525 triggers a $25 million milestone payment as part of The Company's 2024 exclusive worldwide license Agreement with Sanofi for the PRO -XTEN™? platform andclinical-stage T-cell engager. This anticipated milestone payment has be held as restricted cash since the transactions closing and was included from the company's $1.02 billion In cash, cash equivalents and investments reports as of March 31, 2025, the company's $1.2 billion in cash, cash equivalents, and investments reported as of March31, 2025. The payment will been recognized as a research and development expenses in the third quarter of 2025; Dose escalation continues for Vir biotechnology's dual-maskedTCEs VIR-58 18 (targeting a variety ofHER2-expressing solid tumors); and VIR-5500. Initial Phase 1 data presented in February 2025; and VIR-5500; Initial Phase 1 data presented in December 2021; and VIR-5525 will also be evaluated for the company's third dual-masked tCEs VIR-5819 (targeting PSMA in the tumor microenvironment; and VIR-55000 (PSMA), with compelling early clinical response signals and promising safety profiles.공시 • Jul 23Vir Biotechnology, Inc. to Report Q2, 2025 Results on Aug 06, 2025Vir Biotechnology, Inc. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Aug 06, 2025Recent Insider Transactions Derivative • Jun 10Director notifies of intention to sell stockGeorge Scangos intends to sell 50k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of June. If the sale is conducted around the recent share price of US$5.41, it would amount to US$271k. Since December 2024, George's direct individual holding has decreased from 3.83m shares to 3.78m. Company insiders have collectively sold US$1.1m more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • May 20Price target decreased by 43% to US$17.88Down from US$31.13, the current price target is an average from 8 analysts. New target price is 278% above last closing price of US$4.73. Stock is down 54% over the past year. The company is forecast to post a net loss per share of US$3.29 next year compared to a net loss per share of US$3.83 last year.Major Estimate Revision • May 15Consensus revenue estimates decrease by 37%, EPS upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$27.5m to US$17.2m. EPS estimate increased from -US$3.60 to -US$3.43 per share. Biotechs industry in the US expected to see average net income decline 13% next year. Consensus price target down from US$31.13 to US$29.75. Share price fell 20% to US$4.50 over the past week.분석 기사 • May 11Earnings Update: Vir Biotechnology, Inc. (NASDAQ:VIR) Just Reported And Analysts Are Trimming Their ForecastsIt's been a mediocre week for Vir Biotechnology, Inc. ( NASDAQ:VIR ) shareholders, with the stock dropping 17% to...Reported Earnings • May 09First quarter 2025 earnings: EPS in line with expectations, revenues disappointFirst quarter 2025 results: US$0.88 loss per share (further deteriorated from US$0.48 loss in 1Q 2024). Revenue: US$3.03m (down 95% from 1Q 2024). Net loss: US$121.0m (loss widened 85% from 1Q 2024). Revenue missed analyst estimates by 65%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.공시 • May 09Vir Biotechnology, Inc. Announces Preliminary 24-Week Post-End of Treatment Data for Tobevibart and Elebsiran Combinations in Chronic Hepatitis B from the March StudyVir Biotechnology, Inc. announced 24-week post-end of treatment data from Part B of the ongoing MARCH Phase 2 clinical study evaluating tobevibart and elebsiran without or with pegylated interferon alpha (PEG-IFNa) in participants with chronic hepatitis B (CHB). The study-defined primary endpoint, proportion of participants with undetectable hepatitis B surface antigen (HBsAg) at 24 weeks post-end of treatment, was achieved by 17% (3/18) and 21% (3/14) of participants with baseline HBsAgCHB is a long-lasting, inflammatory liver disease caused by the hepatitis B virus (HBV). The World Health Organization estimates that 254 million people live with CHB, and an estimated 1.1 million yearly deaths are associated with the disease. Complications from CHB may include liver cirrhosis, liver failure and liver cancer. Although CHB can be treated, there is currently no cure. Participants in the trial received tobevibart and Elebsiran without or with PEG-IFNa. Tobevibart was administered at 300 mg every 4 weeks; elebsiran, at 200 mg every 4 weeks; and PEG-IFNa, for patients receiving it, at 180 ug weekly. Participants with HBsAg loss (seroclearance) after 48 weeks of treatment who met eligibility criteria discontinued both NRTI (nucleos(t)ide reverse transcriptase inhibitor) as well as tobevibart and elebsirAN without or with PEG- IFNa treatment. Vir Biotechnology's anticipated cash runway; Vir Biotechnology's strategy and plans; and any assumptions underlying any of the foregoing. Many factors may cause differences between current expectations and actual results, including, without limitation: unexpected safety or efficacy data or results observed during clinical studies or in data readouts, including the occurrence of adverse safety events; risks of unexpected costs, delays or other unexpected hurdles; challenges in accessing manufacturing capacity; clinical site activation rates or clinical enrollment rates that are lower than expected; the timing and outcome of Vir Biotechnology's planned interactions with regulatory authorities, as well as general difficulties in obtaining any necessary regulatory approvals; successful development and/or commercialization of alternative product candidates by Vir Biotechnology's competitors, as well as changes in expected or existing competition; geopolitical changes or other external factors; and unexpected litigation or other disputes. In light of these risks and uncertainties, the events or circumstances referred to in the forward-looking statements may not occur. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical studies may not be indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval. The actual results may vary from the anticipated results, and the variations may be material.공시 • May 01Vir Biotechnology, Inc. to Report Q1, 2025 Results on May 07, 2025Vir Biotechnology, Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025공시 • Apr 18Vir Biotechnology, Inc., Annual General Meeting, May 29, 2025Vir Biotechnology, Inc., Annual General Meeting, May 29, 2025.Recent Insider Transactions • Apr 09CEO & Director recently sold US$474k worth of stockOn the 3rd of April, Marianne De Backer sold around 80k shares on-market at roughly US$5.95 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Marianne has been a net seller over the last 12 months, reducing personal holdings by US$627k.Recent Insider Transactions Derivative • Apr 06CEO & Director notifies of intention to sell stockMarianne De Backer intends to sell 80k shares in the next 90 days after lodging an Intent To Sell Form on the 3rd of April. If the sale is conducted around the recent share price of US$5.95, it would amount to US$474k. For the year to December 2023, Marianne's total compensation was 2% salary and 98% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2024, Marianne's direct individual holding has increased from 71.12k shares to 98.75k. Company insiders have collectively sold US$621k more than they bought, via options and on-market transactions in the last 12 months.새로운 내러티브 • Mar 23Strong Clinical Advances In Oncology And Hepatitis Delta Will Secure Future Success ECLIPSE Phase III program in hepatitis delta and oncology advancements promise revenue and earnings growth through new treatments and diversified revenue streams. 공시 • Mar 13Vir Biotechnology, Inc. Enrolls First Patient in Phase 3 Eclipse Registrational Program for Chronic Hepatitis DeltaVir Biotechnology, Inc. announced the enrollment of the first patient in its Phase 3 ECLIPSE registrational program. The ECLIPSE registrational program is designed to evaluate the efficacy and safety of tobevibart in combination with elebsiran in people living with chronic hepatitis delta (CHD). ECLIPSE 1, the first trial of the program to be initiated, and ECLIPSE 2 are Phase 3 trials designed to provide the registrational data needed for submission to multiple regulatory agencies. ECLIPSE 3, a Phase 2b trial, is designed to provide important supportive data to help enable access and reimbursement strategies in key European markets. CHD is a debilitating inflammatory liver disease caused by the hepatitis delta virus (HDV). It is the most severe form of chronic viral hepatitis2 and on average, people living with CHD will progress to cirrhosis and liver failure within 5 years.3 There is a high unmet medical need for effective treatments, as there are no approved therapies in the U.S., and options are limited in the European Union and globally. The objective of therapy is to eliminate the virus. Tobevibart in combination with elebsiran offers the potential to achieve this by tackling the viral lifecycle through multiple mechanisms. The significant unmet need in CHD and the potential for tobevibart and elebsiran to provide a much-needed treatment option has been recognized by the U.S. Food and Drug Administration (FDA) with Breakthrough and Fast Track designations, and by the European Medicines Agency (EMA) Priority Medicines (PRIME) and orphan drug designation. ECLIPSE is a Phase 3 registrational program to evaluate the safety and efficacy of tobevibart in combination with elebsiran in patients with chronic hepatitis delta. ECLIPSE includes three randomized, controlled trials designed to evaluate the combination therapy in comparison to deferred treatment or bulevirtide. ECLIPSE 1, the first trial of the program to be initiated, is a Phase 3 trial that will assess the efficacy and safety of tobevibart and elebsiran compared to deferred treatment in regions such as the U.S. where bulevirtide is not available or other regions where its access is limited. ECLIPSE 2 is a Phase 3 trial that will evaluate the efficacy and safety of switching to tobevibart and elebsiran in people with CHD who have not achieved viral suppression with bulevirtide therapy. ECLIPSE 1 and 2 are designed to provide the registrational efficacy and safety data needed for potential submission to global regulatory agencies. ECLIPSE 3 is a Phase 2b head-to-head trial to evaluate tobevibart and elebsiran compared with bulevirtide in bulevirtide-naïve patients, and it is designed to provide important supportive data to help establish access and reimbursement in key markets. ECLIPSE 1 plans to enroll 120 participants in the U.S. or other regions where bulevirtide use is limited. Participants will be randomized 2:1 to receive either tobevibart in combination with elebsiran or deferred treatment. During the deferred treatment period, participants will receive only nucleoside reverse transcriptase inhibitors (NRTIs). After the initial delay period, participants will be switched to the combination therapy of tobevibart and elebsiran. The composite primary endpoint measures HDV RNA at the lower limit of quantification target not detected or HDV RNA TND (defined as HDV RNA < 0 IU/mL) and ALT normalization at Week 48, compared to the deferred treatment group at the end of their deferred treatment period. Tobevibart is an investigational broadly neutralizing monoclonal antibody targeting the hepatitis B surface antigen (HBsAg). It is designed to inhibit the entry of hepatitis B and hepatitis delta viruses into hepatocytes and to reduce the level of circulating viral and subviral particles in the blood. Tobevibart was identified using Vir Biotechnology’s proprietary monoclonal antibody discovery platform. The Fc domain has been engineered to increase immune engagement and clearance of HBsAg immune complexes and incorporates Xencor’s Xtend™ technology to extend half-life. Tobevibart is administered subcutaneously, and it is currently in clinical development for the treatment of patients with chronic hepatitis delta and patients with chronic hepatitis B. Elebsiran is an investigational hepatitis B virus-targeting small interfering ribonucleic acid (siRNA) discovered by Alnylam Pharmaceuticals, Inc. It is designed to degrade hepatitis B virus RNA transcripts and limit the production of hepatitis B surface antigen. Current data indicates that it has the potential to have direct antiviral activity against hepatitis B virus and hepatitis delta virus. Elebsiran is administered subcutaneously, and it is currently in clinical development for the treatment of patients with chronic hepatitis delta and patients with chronic hepatitis B.Seeking Alpha • Mar 04Vir Biotechnology: Catalysts Ahead In Hepatitis And OncologySummary Vir Biotechnology's T-cell engagers have potential in oncology and showed promise with initial data in January 2025, but the stock's rally has since faded. Additional data from the MARCH Part B trial for chronic hepatitis B is expected in Q2'25, but the company won't develop further there without a partner. VIR hasn't provided an exact timeline for the next update from its T-cell engager work, although the company plans to initiate work with a third T-cell engager in 2025. Read the full article on Seeking AlphaPrice Target Changed • Feb 28Price target decreased by 34% to US$20.86Down from US$31.38, the current price target is an average from 7 analysts. New target price is 149% above last closing price of US$8.39. Stock is down 25% over the past year. The company is forecast to post a net loss per share of US$3.71 next year compared to a net loss per share of US$3.83 last year.Recent Insider Transactions • Feb 28CEO & Director recently sold US$152k worth of stockOn the 24th of February, Marianne De Backer sold around 16k shares on-market at roughly US$9.45 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Marianne has been a net seller over the last 12 months, reducing personal holdings by US$843k.New Risk • Feb 27New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$567k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$521m net loss in 3 years). Significant insider selling over the past 3 months (US$567k sold).Reported Earnings • Feb 27Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: US$3.83 loss per share (improved from US$4.59 loss in FY 2023). Revenue: US$74.2m (down 14% from FY 2023). Net loss: US$522.0m (loss narrowed 15% from FY 2023). Revenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%. Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.공시 • Feb 13Vir Biotechnology, Inc. to Report Q4, 2024 Results on Feb 26, 2025Vir Biotechnology, Inc. announced that they will report Q4, 2024 results After-Market on Feb 26, 2025공시 • Jan 31Vir Biotechnology, Inc. Announces Executive ChangesOn January 24, 2025, Vir Biotechnology, Inc. announced that Ann (Aine) M. Hanly, Ph.D., the Company’s Executive Vice President and Chief Technology Officer, will be leaving the Company on February 26, 2025. The Company has appointed Maninder Hora, Ph.D. to the role of Executive Vice President and Chief Technical Operations Officer, effective February 27, 2025, and Dr. Hora will assume Dr. Hanly’s responsibilities.Seeking Alpha • Jan 09Vir Biotechnology: A Rocket Off Phase 1 Data... What Could Go Wrong?Summary Vir Biotechnology's recent share price rally is driven by their promising cancer program, despite their primary focus on hepatitis management. The company's market cap has surged past $1 billion, raising questions about the sustainability and justification of this valuation. The early data for their T cell engagers suggest favorable safety, with hints of efficacy and a boatload more patients in phase 1 waiting for more evaluation. On balance, at these price levels, VIR stock is attractive, though risky. Read the full article on Seeking AlphaNew Risk • Jan 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$542m net loss in 3 years). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).공시 • Jan 08Vir Biotechnology Announces Encouraging Safety and Efficacy Data in Ongoing Dose Escalation Trials for Dual Masked T-Cell Engagers VIR-5818 in Solid Tumors and VIR-5500 in mCRPCVir Biotechnology, Inc. is presenting initial Phase 1 data from two of its dual-masked T-cell engagers (TCEs): VIR-5818, targeting a variety of HER2-expressing solid tumors; and VIR-5500, targeting PSMA in metastatic castration-resistant prostate cancer (mCRPC). Data show encouraging preliminary safety and efficacy profiles with no dose-limiting cytokine release syndrome (CRS), maximum tolerated dose (MTD) not yet reached as dose escalation continues, and early clinical response signals observed in heavily pretreated participants. These initial results provide clinical support for Vir Biotechnology’s in-licensed PRO-XTEN™ masking technology, which is designed to enable the selective activation of TCEs in the tumor microenvironment, mitigating damage to healthy cells and reducing toxicity. Despite availability of HER2-targeting therapies, there remains a significant unmet need for treatments with novel mechanisms of action to improve tolerability and extend survival. Currently, no HER2-directed immunotherapies are approved for solid tumors. The preliminary safety and efficacy data of VIR-5818 support the tumor-specific activation of PRO-XTENTM dual-masked TCEs and the potential of this technology to broaden the therapeutic index of TCEs. VIR-5818 is being evaluated in a Phase 1 clinical trial (NCT05356741) designed to study its safety and pharmacokinetics alone, and in combination with pembrolizumab, in participants with a variety of HER2-expressing cancers, including breast and colorectal cancer (CRC). The study has enrolled 79 heterogeneous and heavily pretreated participants in monotherapy cohorts. Early efficacy data indicate that 50% (10/20) of participants receiving VIR-5818 doses =400 µg/kg experienced dose-dependent tumor shrinkage across multiple HER2-positive tumor types. This includes participants who had received up to 9 prior lines of therapy. Strong anti-tumor activity was observed in a subset of participants with HER2-positive CRC who have exhausted standard of care. In this subset, confirmed partial responses (cPRs) were seen in 33% (2/6) of participants at early doses, and one patient continued in cPR for more than 18 months as of the data cut-off. Preliminary safety data demonstrate that VIR-5818 is generally well-tolerated, with minimal grade 1 or 2 CRS (20% and 10%, respectively) and no grade 3 or greater CRS observed in any of the 79 participants across doses up to 1000 µg/kg. Most treatment-emergent adverse events (TEAEs) were low grade, reversible and manageable. The MTD has not yet been reached. Preliminary pharmacokinetics and safety data indicate low systemic unmasking of the TCE, suggesting tumor-specific activation. Dual masking results in a half-life of approximately 6 days, which may enable a less frequent dosing regimen. As a result, Vir Biotechnology is currently evaluating a Q3W dosing regimen. Prostate cancer is the second most diagnosed cancer in men1. Despite advancements, there is still a significant unmet need for efficacious, well-tolerated treatments that can extend survival and improve quality of life. VIR-5500 is being evaluated in a Phase 1 clinical trial (NCT05997615) designed to assess its safety, pharmacokinetics, and preliminary efficacy in participants with mCRPC. The study has enrolled 18 participants with significant disease burden who have received 3 to 6 prior lines of therapy. Early efficacy data show encouraging signs of prostate-specific antigen (PSA) responses, and PSA reductions were observed in 100% (12/12) of participants after an initial dose =120 µg/kg. PSA50 response was confirmed in 58% (7/12) of participants receiving a first dose =120 µg/kg. Preliminary data show a promising safety profile, with no dose-limiting toxicities observed up to 1000 µg/kg without prophylactic corticosteroids. Safety findings showed minimal grade 1 or 2 CRS (17% and 11%, respectively) and no grade 3 or greater CRS at any dose. Most TEAEs were low grade. No hearing loss has been reported, suggesting safety benefits of dual masking in preventing on-target, off-tumor toxicities. Dose escalation is ongoing, and the MTD for VIR-5500 has not yet been reached. Preliminary pharmacokinetics and safety data indicate tumor-specific activation with minimal unmasking outside the tumor. The dual-masked TCE shows a desirable half-life of 8-10 days, which is enabling Vir Biotechnology to evaluate a Q3W dosing regimen. The safety and tolerability profile observed for VIR-5500 in ongoing dose escalation, together with the observed signs of early anti-tumor activity at low doses, may enable a wide therapeutic index.분석 기사 • Jan 07Is Vir Biotechnology (NASDAQ:VIR) In A Good Position To Invest In Growth?We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...Seeking Alpha • Dec 13Vir Biotechnology Could Be An Early Riser In 2025 With Oncology Data In JanuarySummary VIR's is expected to report data in January from two phase 1 trials of VIR-5500 and VIR-5818, two T-cell engagers, in various cancer types. JANX recently produced promising data with JANX007, which is similar to VIR-5500, in prostate cancer. As for elebsiran and tobevibart, two treatments for hepatitis B and hepatitis delta, a phase 3 program in hepatitis delta will get underway in H1'25. Read the full article on Seeking Alpha공시 • Dec 13Vir Biotechnology, Inc. Receives FDA Breakthrough Therapy Designation and Ema Prime Designation for Tobevibart and Elebsiran in Chronic Hepatitis DeltaVir Biotechnology, Inc. announced that tobevibart and elebsiran have received U.S. Food and Drug Administration (FDA) Breakthrough Therapy designation and European Medicines Agency (EMA) Priority Medicines (PRIME) designation for the treatment of chronic hepatitis delta (CHD). The designations are supported by compelling positive safety and efficacy data from the Phase 2 SOLSTICE trial, from which the Company recently presented new data at AASLD The Liver Meeting in San Diego, U.S. Vir Biotechnology's Phase 3 ECLIPSE registrational program evaluating tobevibart and Elebsiran in CHD will commence in the first half of 2025. CHD is a chronic, progressive liver disease caused by the hepatitis delta virus1 and is the most severe form of chronic viral hepatitis2. FDA Breakthrough Therapy designation aims to expedite the development and regulatory reviews of investigational therapies for serious conditions that demonstrate promising preliminary clinical evidence and potential improvement over existing therapies. EMA PRIME designation is granted to investigational medicines that target conditions with unmet medical needs for which no treatment option exists, or where they can offer a major therapeutic advantage over existing treatments. It fosters early exchange with the EMA to facilitate robust data collection, high-quality marketing authorization applications and expedited evaluations so that medicines can reach patients earlier. These designations follow FDA Fast Track designation and EMA Committee for Orphan Medicinal Products (COMP) positive opinion on orphan drug designation received earlier this year.New Risk • Dec 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$553m net loss in 3 years). Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).공시 • Nov 19Vir Biotechnology, Inc. Presents Positive Chronic Hepatitis Delta Clinical Trial Data and Announces Initiation of Phase 3 Registrational ProgramVir Biotechnology, Inc. announced positive results from the SOLSTICE Phase 2 clinical trial evaluating tobevibart alone, or in combination with elebsiran, in people with chronic hepatitis delta (CHD). The most-advanced and potential first-of-its-kind investigational human monoclonal antibody and siRNA combination dosed monthly achieved 100% virologic response and rapid hepatitis delta virus (HDV) RNA suppression. HDV RNA below the lower limit of quantification (These data were presented in an oral session at the American Association for the Study of Liver Diseases (AASLD) The Liver Meeting, in San Diego, CA. Based on these results, and following a recent meeting with the FDA, Vir Biotechnology plans to initiate the Phase 3 registrational ECLIPSE program in the first half of 2025 to further evaluate the combination of tobevibart and elebsiran for the treatment of CHD. CHD is a chronic inflammatory liver disease caused by HDV. It is the most severe form of chronic viral hepatitis and on average, people living with CHD will progress to cirrhosis and liver failure within 5 years. There is no approved treatment in the United States. The objective of therapy is to clear the virus, and combination therapy offers the potential to do so by tackling the viral lifecycle through multiple mechanisms. Primary Endpoint Analysis from the Phase 2 SOLSTICE TrialClinical trial participants were randomized to receive tobevibart 300 mg monotherapy every two weeks (n=33) or a combination of tobevibart 300 mg and elebsiran 200 mg every four weeks (combination de novo arm, n=32). In addition, the participants from previous tobevibart or elebsiran monotherapy cohorts could rollover to receive the combination of tobevibart 300 mg and elebsiran 200 mg every four weeks (combination rollover, n=13). Rates of virologic suppression were evaluated at Week 24, and further assessed at Weeks 36, 48 and 60 in those participants that had reached each timepoint. Further monitoring will continue up to 192 weeks. Rapid and Sustained Virologic Suppression – 100% of participants across combination arms achieved an HDV RNA =2 log10 decrease or below limit of detection (LOD) at Week 24, and this rate was sustained over time in all participants at Weeks 36 (22/22) and those in the rollover cohort that reached Week 60 (5/5). HDV RNA TND was achieved in 41% (13/32) of participants across combination arms at Week 24 and this rose to 64% (14/22) at Week 36. By week 60, this had risen further with 80% (4/5) of participants in the rollover cohort having achieved no detectable viral RNA. Approximately 90% of participants receiving the combination achieved reductions in hepatitis B surface antigen (HBsAg) values below <10 IU/mL at Week 24, with sustained responses at later time points. This indicates suppression of the key biologic mechanisms that HDV requires for viral replication. ALT Normalization – Alanine aminotransferase (ALT) decreased in most participants between Day 1 and Week 24 and normalized in 47% (15/32) of participants in the combination de novo cohort and 56% (5/9) in the rollover cohort by Week 24. These rates were sustained at Week 36. Combined Endpoints – The protocol defined combined endpoint of HDV RNA decrease = 2 log10 compared to baseline or HDV RNA below LOD and ALT normalization at Week 24 was observed in 47% (15/32) of participants in the combination de novo arm. The more stringent composite endpoint of HDV RNA TND and ALT normalization was achieved in 19% (6/32) of participants in the combination de novo arm at Week 24, which increased to 27% (6/22) by Week 36. This trend was reflected in the combination rollover cohort in which 33% (3/9) of participants achieved this endpoint at Week 24 and 40% (2/5) at Week 60. Rates of HDV RNA suppression and ALT normalization were similar between non-cirrhotic and cirrhotic participants across combination arms. Safety Profile – The safety profile of tobevibart and elebsiran is consistent with previous studies. Treatment-emergent adverse events (TEAEs) were generally mild or moderate and transient across all treatment groups, with influenza-like illness being the most common event. No ALT flares were observed. There were no study-related discontinuations in the combination arms, and no treatment-related severe adverse events (SAEs) were reported. Phase 3 Registrational ECLIPSE ProgramFollowing a meeting with the FDA, Vir Biotechnology finalized the design of the Phase 3 registrational clinical program, ECLIPSE, which evaluates the tobevibart and elebsiran combination in people living with CHD. This program, which will commence in the first half of 2025, will include three randomized, controlled trials designed to evaluate the combination therapy in comparison to deferred treatment or bulevirtide. All studies will enroll both cirrhotic and non-cirrhotic participants. ECLIPSE 1 and 2 are Phase 3 trials designed to provide the registrational efficacy and safety data needed for submission to global regulatory agencies. ECLIPSE 3 is a Phase 2b trial designed to provide important supportive data, particularly in Europe, to help establish appropriate pricing and reimbursement in key markets. ECLIPSE 1 will assess the efficacy and safety of tobevibart and elebsiran compared to deferred treatment in regions such as the U.S. where bulevirtide is not available or its use is limited. ECLIPSE 2 will evaluate the efficacy and safety of switching to tobevibart and elebsiran in people with CHD who have not achieved viral suppression with bulevirtide therapy. ECLIPSE 3 is a Phase 2b head-to-head trial to evaluate tobevibart and elebsiran compared with bulevirtide in bulevirtide-naïve patients.공시 • Nov 15Vir Biotechnology, Inc. Announces Positive End-Of-T Treatment Results for Tobevibart and Elebsiran Combinations in Chronic Hepatitis B from the March Study at AASLD The Liver MeetingVir Biotechnology, Inc. announced end-of-treatment data from Part B of the MARCH Phase 2 clinical study evaluating combinations of tobevibart and elebsiran, with or without pegylated interferon alfa (PEG-IFNa), in participants with chronic hepatitis B. The study demonstrated promising rates of hepatitis B surface antigen (HBsAg) loss (seroclearance) in participants with low baseline HBsAg (<1000 IU/mL) in both combination regimens. The efficacy and safety profile support continued development to evaluate the potential to achieve a functional cure. Chronic hepatitis B (CHB) is a long-lasting, inflammatory liver disease caused by the hepatitis B virus (HBV). The World Health Organization estimates that 254 million people live with CHB, and an estimated 1.1 million yearly deaths are associated with the disease. Complications from CHB may include liver cirrhosis, liver failure and liver cancer. Although CHB can be treated, there is no cure. Participants in the trial received tobevibart and elebsiran alone (doublet regimen) or in combination with PEG-IFNa (triplet regimen). This analysis includes data from 51 participants in the doublet regimen arm and 27 participants in the triplet regimen arm at the end of treatment. Tobevibart was administered at 300 mg every 4 weeks; elebsiran, at 200 mg every 4 weeks; and PEG-IFNa at 180 µg weekly. Study primary endpoints include HBsAg seroclearance (defined as HBsAg below the lower limit of quantification) and treatment-emergent adverse events (TEAEs) at end of treatment. Secondary endpoints include anti-HBs seroconversion (defined as development of anti-HBs=10 mIU/mL) at end of treatment. The doublet and triplet regimens resulted in HBsAg loss at the end of treatment in 39% (7/18) and 46% (5/11) of participants with baseline HBsAg<1,000 IU/mL, respectively. The proportion of participants with varying baseline HBsAg levels who achieved HBsAg loss at end of treatment was 16% (8/51) for the doublet and 22% (6/27) for the triplet regimen. The doublet regimen resulted in 50% (4/8) of participants who had achieved HBsAg loss also achieving anti-HBs seroconversion. All participants with HBsAg loss at the end of treatment who received the triplet regimen achieved anti-HBs seroconversion (100%, 6/6). Participants with HBsAg seroclearance at end of treatment who meet eligibility criteria will discontinue treatment. Functional cure assessment will occur 24 weeks after treatment discontinuation. The safety and tolerability profile of tobevibart and elebsiran was consistent with prior studies, with no new safety concerns identified. TEAEs were generally mild or moderate.Major Estimate Revision • Nov 11Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$71.5m to US$68.7m. Losses expected to increase from US$3.27 per share to US$3.87. Biotechs industry in the US expected to see average net income decline 15% next year. Consensus price target of US$29.88 unchanged from last update. Share price rose 5.2% to US$9.86 over the past week.New Risk • Nov 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$499m net loss in 3 years). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).Seeking Alpha • Nov 05Vir Biotechnology's Refocused Pipeline: Hepatitis And Oncology Could Still Pay OffSummary VIR's HDV and HBV treatments remain Vir's primary value drivers, with upcoming catalysts in Q4 2024 and 2025. However, VIR also pivoted to oncology, discontinuing vaccines and viral immunotherapy, and partnered with Sanofi to leverage its PRO-XTEN platform for T-cell engagers. The strategic shift includes a 25% workforce reduction, saving $50 million annually by 2025, and focuses on advancing hepatitis delta and B treatments. I believe its valuation remains attractive, with $909 million in liquidity and no financial debt, despite a high cash burn rate that suggests a potential dilution by 2026 or 2027. Still, I reiterate a "Buy" rating for VIR due to its promising HDV and HBV programs, cost-saving measures, and substantial cash for maneuvering as needed. Read the full article on Seeking AlphaPrice Target Changed • Nov 04Price target decreased by 41% to US$18.43Down from US$31.25, the current price target is an average from 7 analysts. New target price is 97% above last closing price of US$9.37. Stock is up 8.6% over the past year. The company is forecast to post a net loss per share of US$3.86 next year compared to a net loss per share of US$4.59 last year.분석 기사 • Nov 04Earnings Update: Vir Biotechnology, Inc. (NASDAQ:VIR) Just Reported And Analysts Are Trimming Their ForecastsIt's shaping up to be a tough period for Vir Biotechnology, Inc. ( NASDAQ:VIR ), which a week ago released some...New Risk • Nov 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$588m net loss in 3 years).Price Target Changed • Nov 01Price target increased by 8.2% to US$33.29Up from US$30.75, the current price target is an average from 7 analysts. New target price is 259% above last closing price of US$9.26. Stock is up 5.7% over the past year. The company is forecast to post a net loss per share of US$3.84 next year compared to a net loss per share of US$4.59 last year.Reported Earnings • Nov 01Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: US$1.56 loss per share (further deteriorated from US$1.22 loss in 3Q 2023). Revenue: US$2.38m (down 9.8% from 3Q 2023). Net loss: US$213.7m (loss widened 31% from 3Q 2023). Revenue missed analyst estimates by 57%. Earnings per share (EPS) also missed analyst estimates by 63%. Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.공시 • Oct 18Vir Biotechnology, Inc. to Report Q3, 2024 Results on Oct 31, 2024Vir Biotechnology, Inc. announced that they will report Q3, 2024 results on Oct 31, 2024공시 • Sep 10+ 1 more updateVir Biotechnology, Inc. Announces Executive AppointmentsVir Biotechnology, Inc. announced that Jason O’Byrne, MBA, has been appointed as Executive Vice President and Chief Financial Officer and “principal financial officer” of the Company, effective as of October 2, 2024 (the “Effective Date”). Mr. O’Byrne, 56, has served as Chief Financial Officer of Caribou Biosciences, Inc. since February 2021. Prior to joining Caribou, Mr. O’Byrne was Senior Vice President of Finance at Audentes Therapeutics, Inc. (“Audentes”), from April 2020 to February 2021. From April 2019 to April 2020, Mr. O’Byrne served as Vice President of Finance at Audentes. Before joining Audentes, he spent 13 years with Genentech, Inc., a member of the Roche Group, from February 2005 to December 2018, holding finance leadership and executive positions across the research, development, manufacturing, business development, and commercial functions. Earlier in his career, Mr. O’Byrne served as Regional Controller with General Chemical Corporation, from September 2002 to January 2005, and as an engineer with General Motors, from September 1999 to September 2001. He received a B.A.Sc. in Mechanical Engineering from the University of British Columbia and an MBA from New York University’s Stern School of Business. Additionally, on September 6, 2024, the Board of Directors of the Company appointed Brent Sabatini, CPA, MBA, Senior Vice President, Chief Accounting Officer of the Company, as “principal accounting officer” of the Company, effective as of October 1, 2024. Mr. Sabatini, 50, has served as the Senior Vice President, Chief Accounting Officer of the Company since February 2023. Previously, from March 2021 to February 2023, he was at Capsida Biotherapeutics, Inc., most recently as Head of Finance. Prior to that, Mr. Sabatini was at Amgen Inc. from April 2004 to March 2021 where he progressed through various positions of increasing responsibility, including leadership roles in Accounting, Tax and Financial Planning and Analysis. Mr. Sabatini is a Certified Public Accountant and received a B.S. in Accountancy from California State University, Northridge and an MBA from the University of Michigan’s Stephen M. Ross School of Business. There are no arrangements or understandings between Mr. Sabatini and any other persons pursuant to which he was selected as the Company’s principal accounting officer. There are no family relationships between Mr. Sabatini and any director or executive officer of the Company. Mr. Sabatini has no direct or indirect interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K . Mr. Sabatini will not receive any adjustment to his compensation or any additional compensation in connection with performing the function of principal accounting officer of the Company.분석 기사 • Sep 08Is Vir Biotechnology (NASDAQ:VIR) In A Good Position To Deliver On Growth Plans?There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...Major Estimate Revision • Aug 08Consensus revenue estimates decrease by 18%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$80.5m to US$65.7m. EPS estimate increased from -US$3.56 to -US$3.29 per share. Biotechs industry in the US expected to see average net income decline 9.1% next year. Consensus price target broadly unchanged at US$31.25. Share price fell 18% to US$8.31 over the past week.분석 기사 • Aug 03Analysts Are Updating Their Vir Biotechnology, Inc. (NASDAQ:VIR) Estimates After Its Second-Quarter ResultsIt's shaping up to be a tough period for Vir Biotechnology, Inc. ( NASDAQ:VIR ), which a week ago released some...Reported Earnings • Aug 02Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: US$1.02 loss per share (improved from US$1.45 loss in 2Q 2023). Revenue: US$3.08m (down 19% from 2Q 2023). Net loss: US$138.4m (loss narrowed 29% from 2Q 2023). Revenue missed analyst estimates by 59%. Earnings per share (EPS) also missed analyst estimates by 5.8%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance.공시 • Jul 19Vir Biotechnology, Inc. to Report Q2, 2024 Results on Aug 01, 2024Vir Biotechnology, Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024Seeking Alpha • Jul 17Bullish On Vir Biotechnology's Innovative Pipeline That Targets HIV And HepatitisSummary VIR develops medicines for infectious and viral diseases using proprietary platforms for monoclonal antibodies and T cell-based Viral Vectors. Positive Phase 2 trial results for chronic hepatitis delta highlight the company's potential to address unmet medical needs. Strategic collaborations include the Bill & Melinda Gates Foundation, Alnylam Pharmaceuticals, and Gilead Sciences. The company has substantial liquid resources and no financial debt, supporting a compelling valuation. I believe VIR is undervalued tapping into significant TAMs, making it a "strong buy." Read the full article on Seeking Alpha공시 • Jul 03+ 1 more updateVir Biotechnology, Inc.(NasdaqGS:VIR) dropped from Russell 2000 Value-Defensive IndexVir Biotechnology, Inc.(NasdaqGS:VIR) dropped from Russell 2000 Value-Defensive Index공시 • Jun 27Vir Biotechnology, Inc. Receives FDA IND Clearance and Fast Track Designation for Tobevibart and Elebsiran for the Treatment of Chronic Hepatitis Delta InfectionVir Biotechnology, Inc. announced that the U.S. Food and Drug Administration (FDA) has cleared its investigational new drug (IND) application and granted Fast Track designation for the combination of tobevibart and elebsiran for the treatment of chronic hepatitis delta infection. Tobevibart, an investigational monoclonal antibody, and elebsiran, an investigational small interfering ribonucleic acid, are currently being evaluated in the Company’s Phase 2 SOLSTICE hepatitis delta clinical trial, with complete 24-week treatment data on track to be reported in the fourth quarter. The FDA’s Fast Track designation is intended to facilitate the development and expedite the review of drugs to treat serious conditions and fill an unmet medical need. The World Health Organization considers hepatitis delta to be the most severe form of chronic viral hepatitis due to more rapid progression towards liver cancer and liver-related death. It is estimated that at least 12 million people are living with chronic hepatitis delta globally. In June, the Company announced preliminary Phase 2 SOLSTICE trial data which suggests treatment with tobevibart alone or in combination with elebsiran was generally well tolerated and participants achieved high rates of virologic response at weeks 12 and 24, durable virologic response through 48 weeks, and high rates of ALT normalization. The complete 24-week treatment data is expected in the fourth quarter. The Company is working to expedite the initiation of its next study, the ECLIPSE trial. The open-label, randomized, controlled ECLIPSE trial is designed to support potential registration and will evaluate the safety and efficacy of a monthly-administered subcutaneous injection of tobevibart and elebsiran using the current standard of care therapy as a comparator. About the Phase 2 SOLSTICE Trial: The SOLSTICE trial (NCT05461170) is evaluating the safety, tolerability and efficacy of tobevibart and elebsiran for the treatment of people living with chronic hepatitis delta. One cohort is evaluating the combination of tobevibart and elebsiran dosed every 4 weeks with a second cohort evaluating tobevibart monotherapy every 2 weeks. Approximately 50% of participants have compensated cirrhosis. Tobevibart is an investigational subcutaneously administered antibody designed to inhibit entry of hepatitis B and hepatitis delta viruses into hepatocytes, neutralize both hepatitis B virus and hepatitis delta virus virions, and to reduce the level of virions and subviral particles in the blood. Tobevibart, which incorporates Xencor’s Xtend and other Fc technologies, has been engineered to have an extended half-life and was identified using Vir’s proprietary monoclonal antibody discovery platform. Elebsiran is an investigational subcutaneously administered hepatitis B virus-targeting small interfering ribonucleic acid (siRNA) designed to degrade hepatitis B virus RNA transcripts and limit the production of hepatitis B surface antigen. Vir believes it has the potential to have direct antiviral activity against hepatitis B virus and hepatitis delta virus. It is the first siRNA in the clinic to include Enhanced Stabilization Chemistry Plus (ESC+) technology to enhance stability and minimize off-target activity, which potentially could result in an increased therapeutic index. Elebsiran is the first asset in the Company’s collaboration with Alnylam Pharmaceuticals, Inc. to enter clinical trials.New Risk • Jun 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$587m net loss in 3 years). Share price has been volatile over the past 3 months (10% average weekly change). Significant insider selling over the past 3 months (US$777k sold).공시 • Jun 06Vir Biotechnology, Inc. Announces New Preliminary Data from its Phase 2 SOLSTICE Hepatitis Delta Clinical Trial Evaluating tobevibart, an Investigational Monoclonalantibody, and ElebsiranVir Biotechnology, Inc. announced new preliminary data from its Phase 2 SOLSTICE hepatitis delta clinical trial evaluating tobevibart, an investigational monoclonal antibody, and elebsiran, an investigational small interfering ribonucleic acid, for the treatment of people living with chronic hepatitis delta. Preliminary data from the Phase 2 trial show treatment with tobevibart alone or in combination with elebsiran was generally well tolerated and participants achieved high rates of virologic response at weeks 12 and 24, durable virologic response through 48 weeks, and high rates of ALT normalization. Preliminary data from the six participants reported on at the 2023 American Association for the Study of Liver Diseases (AASLD) The Liver Meeting® demonstrated sustained virologic response: These participants received 12 weeks of either tobevibart or elebsiran monotherapy and then rolled over into combination therapy. All 6 participants remain on treatment. At the time of the analysis, 5 out of the 6 participants had reached 48 weeks of combination therapy and 1 had reached 40 weeks of combination therapy. All 6 participants showed sustained virologic response at time of last visit 100% (6 of 6) achieved HDV RNA < limit of detection (LOD) or = 2 log10 IU/mL decrease from baseline 50% (3 of 6) achieved ALT normalization 50% (3 of 6) achieved the combined endpoint Furthermore, 100% (6 of 6) achieved HDV RNA < the lower limit of quantification (LLOQ), 100% (6 of 6) achieved HDV RNA < LOD, and 83% (5 of 6) achieved HDV RNA target not detected (TND) The majority of adverse events were Grade 1-2 and transient in nature with no reported serious adverse events, no ALT flares and no Grade 2 or higher elevations in liver function tests (LFTs) were observed. Preliminary de novo combination of tobevibart + elebsiran (monthly dosing) data demonstrated rapid and high rates of virologic suppression and ALT normalization: Week 12: Among 27 participants 100% (27 of 27) achieved HDV RNA < LOD or = 2 log10 IU/mL decrease from baseline 44% (12 of 27) achieved ALT normalization 44% (12 of 27) achieved the combined endpoint Furthermore, 52% (14 of 27) achieved HDV RNA < LLOQ, 37% (10 of 27) achieved HDV RNA < LOD, and 15% (4 of 27) achieved HDV RNA TND Week 24: Among 11 participants 100% (11 of 11) achieved HDV RNA < LOD or = 2 log10 IU/mL decrease from baseline 64% (7 of 11) achieved ALT normalization 64% (7 of 11) achieved the combined endpoint Furthermore, 100% (11/11) achieved HDV RNA < LLOQ, 91% (10 of 11) achieved HDV RNA < LOD, and 55% (6 of 11) achieved HDV RNA TND Similar rates of virologic suppression and ALT normalization were observed in participants who are non-cirrhotic (n=6) and those with compensated cirrhosis (CPT-A, n=5). The majority of adverse events were Grade 1-2 and transient in nature with no treatment-related serious adverse events, no ALT flares and no Grade 2 or higher elevations in LFTs were observed. Preliminary tobevibart monotherapy (twice monthly dosing) data demonstrated high rates of virologic suppression and ALT normalization: Week 12: Among 26 participants 73% (19 of 26) achieved HDV RNA < LOD or = 2 log10 IU/mL decrease from baseline 54% (14 of 26) achieved ALT normalization 38% (10 of 26) achieved the combined endpoint Furthermore, 27% (7 of 26) achieved HDV RNA < LLOQ, 19% (5 of 26) achieved HDV RNA < LOD, and 8% (2 of 26) achieved HDV RNA TND Week 24: Among11 participants 55% (6 of 11) achieved HDV RNA < LOD or = 2 log10 IU/mL decrease from baseline 64% (7 of 11) achieved ALT normalization 55% (6 of 11) achieved the combined endpoint* Furthermore, 55% (6 of 11) achieved HDV RNA < LLOQ, 46% (5 of 11) achieved HDV RNA The majority of adverse events were Grade 1-2 and transient in nature with no serious adverse events, no ALT flares and no Grade 2 or higher elevations in LFTs were observed.공시 • May 30Vir Biotechnology, Inc. Appoints Mark D. Eisner as Executive Vice President and Chief Medical Officer, Effective June 3, 2024Vir Biotechnology, Inc. announced that Mark D. Eisner, M.D., M.P.H. will join the company as Executive Vice President and Chief Medical Officer (CMO), effective June 03, 2024. Dr. Eisner will be a part of the company’s Executive Management Team and will report directly to Marianne De Backer, M.Sc., Ph.D., MBA, Vir’s Chief Executive Officer. Dr. Eisner comes from Sonoma Biotherapeutics, Inc., where he most recently held the position of CMO. In this role, he led all development functions which included biometrics, regulatory, clinical science, clinical operations, drug safety, and pharmacology. Prior to his most recent tenure with Sonoma Biotherapeutics, Dr. Eisner served as CMO at FibroGen where he led all development functions, which included being the Head of China clinical development and clinical operations. Dr. Eisner has also been with Genentech nearly 11 years and served as their Senior Vice President of Global Head of Product Development Immunology, Infectious Disease and Ophthalmology and was accountable for late-stage clinical development of many products including strategy, clinical trials and budget. He brings to Vir deep immunology and infectious disease expertise with clinical development experience. Dr. Eisner has an impressive track record of leading teams during times of strategically evolving portfolios. Dr. Eisner completed his A.B. degree in human biology at Stanford University and his M.D. degree at the University of Pennsylvania School of Medicine. He also has an M.P.H. focusing on epidemiology from the University of California Berkeley, School of Public Health. He has an impressive list of publications and patents, honors and awards, and services for professional organizations.Major Estimate Revision • May 10Consensus revenue estimates increase by 78%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from US$40.6m to US$72.1m. Forecast losses expected to reduce from -US$4.20 to -US$3.56 per share. Biotechs industry in the US expected to see average net income decline 11% next year. Consensus price target of US$29.75 unchanged from last update. Share price fell 9.1% to US$9.44 over the past week.분석 기사 • May 05Earnings Update: Vir Biotechnology, Inc. (NASDAQ:VIR) Just Reported And Analysts Are Boosting Their EstimatesVir Biotechnology, Inc. ( NASDAQ:VIR ) just released its quarterly report and things are looking bullish. The results...Reported Earnings • May 03First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: US$0.48 loss per share (improved from US$1.06 loss in 1Q 2023). Revenue: US$56.4m (down 11% from 1Q 2023). Net loss: US$65.3m (loss narrowed 54% from 1Q 2023). Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates by 55%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 38% per year and the company’s share price has also fallen by 38% per year.Seeking Alpha • May 03Vir Biotechnology Provides Some Hope For Its Beleaguered ShareholdersSummary Vir Biotechnology, Inc. reported its first-quarter earnings after the bell on Thursday, giving its shareholders some positive tidbits. The company continues to have a cash balance higher than the stock's market capitalization and has some potential upcoming trial milestones. An updated analysis around Vir Biotechnology follows in the paragraphs below. Read the full article on Seeking Alpha매출 및 비용 세부 내역Vir Biotechnology가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqGS:VIR 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비31 Mar 2665-44391031 Dec 2569-43892030 Sep 2517-50095030 Jun 2519-55099031 Mar 2521-578107031 Dec 2474-522119030 Sep 2479-533134030 Jun 2479-483149031 Mar 2480-539164031 Dec 2386-615174030 Sep 23119-601172030 Jun 23491-262174031 Mar 23446-144170031 Dec 221,616516162030 Sep 222,3791,143139030 Jun 222,1081,078147031 Mar 222,3261,216134031 Dec 211,095529161030 Sep 21284-102128030 Jun 21183-29796031 Mar 2173-39084031 Dec 2076-29971030 Sep 2076-25760030 Jun 2075-22050031 Mar 2010-22342031 Dec 198-17538030 Sep 1910-13733030 Jun 1912-12231031 Mar 1912-11730031 Dec 1811-11629031 Dec 173-70220양질의 수익: VIR 은(는) 현재 수익성이 없습니다.이익 마진 증가: VIR는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: VIR은 수익성이 없으며 지난 5년 동안 손실이 연평균 40% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 VIR의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: VIR은 수익성이 없어 지난 해 수익 성장률을 Biotechs 업계(54.5%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: VIR는 현재 수익성이 없으므로 자본 수익률이 음수(-54.47%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YPharmaceuticals-biotech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/09 08:08종가2026/06/09 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Vir Biotechnology, Inc.는 14명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Madhu KumarBairdHuidong WangBarclaysEtzer DaroutBarclays11명의 분석가 더 보기
Reported Earnings • May 08First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: US$0.85 loss per share. Net loss: US$125.7m (loss widened 3.9% from 1Q 2025). Revenue missed analyst estimates by 100%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US.
Reported Earnings • Feb 24Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: US$3.16 loss per share (improved from US$3.83 loss in FY 2024). Revenue: US$68.6m (down 7.6% from FY 2024). Net loss: US$438.0m (loss narrowed 16% from FY 2024). Products in clinical trials Phase I: 3 Phase III: 1 Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates by 3.7%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 07Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: US$1.17 loss per share (improved from US$1.56 loss in 3Q 2024). Revenue: US$240.0k (down 90% from 3Q 2024). Net loss: US$163.1m (loss narrowed 24% from 3Q 2024). Revenue missed analyst estimates by 88%. Earnings per share (EPS) also missed analyst estimates by 38%. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.
공시 • Oct 23Vir Biotechnology, Inc. to Report Q3, 2025 Results on Nov 05, 2025Vir Biotechnology, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 05, 2025
Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: US$0.80 loss per share (improved from US$1.02 loss in 2Q 2024). Revenue: US$1.21m (down 61% from 2Q 2024). Net loss: US$111.0m (loss narrowed 20% from 2Q 2024). Revenue missed analyst estimates by 55%. Earnings per share (EPS) also missed analyst estimates by 9.9%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.
공시 • Jul 23Vir Biotechnology, Inc. to Report Q2, 2025 Results on Aug 06, 2025Vir Biotechnology, Inc. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Aug 06, 2025
속보 • Jun 07Vir Biotechnology Reports Wider Loss as Astellas Deal Fuels Late-Stage Oncology and Hepatitis TrialsVir Biotechnology reported a Q1 2026 net loss of $125.7 million, or an EPS of $0.85 loss, which came in wider than expected and coincided with a decline in the stock. The company closed a global collaboration with Astellas valued at up to $1.7 billion centered on VIR-5500, a prostate cancer candidate that uses Vir’s PRO-XTEN dual-masked T cell engager platform, with plans for a registrational Phase 3 trial in 2027. Vir ended the quarter with $809.3 million in cash and investments, which it expects to fund operations into the second half of 2028, while also advancing its chronic hepatitis delta program following positive Phase 2 SOLSTICE data and preparing for pivotal Phase 3 ECLIPSE 1 topline results by late 2026 or early 2027. The key takeaway is that Vir is absorbing ongoing losses while leaning on its cash position and large Astellas collaboration to push both oncology and hepatitis delta programs toward late-stage trials. For investors, the balance between continued cash burn and the timing and outcome of these clinical and partnership milestones is central to assessing the risk profile of the stock.
내러티브 업데이트 • Jun 04VIR: Oncology Partnership And Prostate Cancer Data Will Support Future UpsideThe analyst consensus price target for Vir Biotechnology has edged down by $1 to reflect updated views on the company, with analysts citing the latest Morgan Stanley research as part of their rationale. What's in the News Superstring Capital Management opened a new US$6m position in Vir Biotechnology, acquiring more than 730,000 shares as part of a broader focus on the company’s clinical programs and partnerships.
공시 • May 28Vir Biotechnology, Inc. Announces Changes in Board and Audit Committee, Effective May 26, 2026On May 25, 2026, Saira Ramasastry, M.S., M.Phil., a member of the Board of Directors of Vir Biotechnology, Inc. and Chair of the Company’s Audit Committee (the Audit Committee), informed the Company that, due to a business conflict, she will be stepping down from her role as a member of the Board and the Audit Committee, effective May 26, 2026. Ms. Ramasastry’s decision to step down from the Board is not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. The Board expresses its appreciation for Ms. Ramasastry’s service as a director and contributions to the Board and the Company. On May 26, 2026, upon the recommendation of the Nominating and Corporate Governance Committee of the Board, the Board approved the appointment of Robert More, MBA as Chair of the Audit Committee and a decrease in the size of the Board from eight to seven members, each effective upon Ms. Ramasastry’s departure from the Board.
공시 • May 20Vir Biotechnology, Inc. Presents Complete Week 96 Data from Phase 2 Solstice Clinical Trial in Hepatitis DeltaVir Biotechnology, Inc. announced the Company will present data from the Phase 2 SOLSTICE trial evaluating the combination of tobevibart and elebsiran for chronic hepatitis delta at the upcoming EASL Congress 2026 in Barcelona, Spain, May 27-30, 2026. CHD is the most severe form of chronic viral hepatitis and was recently classified as carcinogenic by the International Agency for Research on Cancer. People living with the disease rapidly progress to cirrhosis, liver failure and liver-related death. Because ongoing hepatitis delta virus (HDV) replication drives disease progression, achieving undetectable virus, as defined by HDV RNA TND (target not detected), is considered an important virologic marker associated with improved clinical outcomes in CHD. Individuals with CHD who have detectable HDV RNA are at a higher risk of experiencing any liver-related event, including developing compensated and decompensated cirrhosis, hepatocellular carcinoma, liver transplantation and mortality, compared to patients with undetectable HDV RNA. There are currently no approved treatments in the U.S., and options are limited in the European Union and globally. Tobevibart and elebsiran are investigational agents being evaluated as a novel combination regimen administered monthly as two separate sequential subcutaneous injections for the treatment of CHD. The combination is designed to disrupt the HDV life cycle at multiple points by addressing both viral entry and the sustained presence of hepatitis B surface antigen (HBsAg) that enables ongoing HDV replication. Tobevibart is an investigational broadly neutralizing monoclonal antibody (mAb) targeting HBsAg. It is designed to inhibit the entry of hepatitis B and hepatitis delta viruses into hepatocytes and to reduce the level of circulating viral and subviral particles in the blood. Tobevibart was identified using Vir Biotechnology’s proprietary mAb discovery platform. The Fc domain has been engineered to increase immune engagement and clearance of HBsAg immune complexes and incorporates Xencor’s Xtend™ technology to extend half-life. Elebsiran is an investigational hepatitis B virus-targeting small interfering ribonucleic acid (siRNA) licensed from Alnylam Pharmaceuticals, Inc. It is designed to degrade hepatitis B virus RNA transcripts and limit the production of HBsAg.
Seeking Alpha • May 16Vir Biotechnology: Trading Near Cash Value With A Huge Revenue OpportunitySummary Vir Biotechnology is rated a buy, supported by a strong cash position, pivotal late-stage pipeline, and deep institutional backing. VIR's lead CHD drugs, Tobevibart and Elebsiran, target a large, underserved market with potential for high margins and accelerated regulatory approval. The Astellas partnership secures funding for oncology development, extends the cash runway into 2028, and minimizes dilution risk ahead of key catalysts. With shares trading near cash value and major catalysts in 2026–2028, VIR offers asymmetric upside if pivotal trials succeed. Read the full article on Seeking Alpha
분석 기사 • May 11Vir Biotechnology, Inc. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen NextThere's been a notable change in appetite for Vir Biotechnology, Inc. ( NASDAQ:VIR ) shares in the week since its...
New Risk • May 11New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$450m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$450m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$272m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). Significant insider selling over the past 3 months (US$221k sold).
Reported Earnings • May 08First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: US$0.85 loss per share. Net loss: US$125.7m (loss widened 3.9% from 1Q 2025). Revenue missed analyst estimates by 100%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US.
내러티브 업데이트 • May 04VIR: Oncology Partnership And Prostate Cancer Data Will Drive Future UpsideNarrative Update: Vir Biotechnology Analyst Price Targets Analysts have lifted their average price target on Vir Biotechnology by several dollars to reflect the Astellas collaboration, encouraging VIR-5500 Phase 1 prostate cancer data, and faster than expected progress in hepatitis D, while also incorporating a higher future P/E assumption and slightly lower margin expectations into their models. Analyst Commentary Recent Street research on Vir Biotechnology clusters around a common theme, with multiple firms lifting price targets after the Astellas collaboration and updated VIR-5500 data.
Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. President, CEO & Director Marianne De Backer was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
내러티브 업데이트 • Apr 20VIR: Oncology Collaboration And Prostate Cancer Data Will Support Future UpsideAnalysts have generally lifted their price targets on Vir Biotechnology into a $17 to $30 range, citing the Astellas collaboration, early VIR-5500 oncology data, and progress in hepatitis D as key reasons for the higher valuations. Analyst Commentary Recent Street research skews clearly positive on Vir Biotechnology, with several firms lifting price targets into the high teens to low thirties after reviewing oncology and hepatitis D updates and the Astellas partnership.
공시 • Apr 17Vir Biotechnology, Inc., Annual General Meeting, May 26, 2026Vir Biotechnology, Inc., Annual General Meeting, May 26, 2026.
공시 • Apr 14Vir Biotechnology Announces First Patient Dosed in Phase 1 Dose-Expansion Cohorts Evaluating PSMA-Targeted PRO-XTEN Dual-Masked T-Cell Engager VIR-5500 In Patients With Metastatic Prostate CancerVir Biotechnology, Inc. announced that the first patient has been dosed in one of three expansion cohorts in the Phase 1 trial evaluating VIR-5500, a prostate-specific membrane antigen (PSMA)-targeted, PRO-XTEN dual-masked T-cell engager (TCE) for metastatic prostate cancer (NCT05997615). The Phase 1 trial is measuring the safety and efficacy of VIR-5500 monotherapy in late-line metastatic castration-resistant prostate cancer (mCRPC), and of VIR-5500 in combination with an androgen receptor pathway inhibitor (ARPI) in early-line mCRPC and metastatic hormone-sensitive prostate cancer (mHSPC). The monotherapy expansion cohort in late-line mCRPC is the first to begin enrollment based on the monotherapy dose-escalation data that showed VIR-5500 has a favorable safety profile and promising anti-tumor activity in mCRPC. These safety and efficacy data were presented at the 2026 American Society of Clinical Oncology (ASCO) Genitourinary Cancers Symposium in February. Based on these data, the selected dose regimen to be evaluated in this monotherapy expansion cohort is Third Quarter 800/2000/3500 µg/kg step-up dosing. This expansion cohort will measure safety and efficacy, including Prostate-Specific Antigen (PSA) response rate and Objective Response Rate (ORR) in patients with mCRPC who are refractory following treatment with multiple prior lines of therapy including at least one second-generation ARPI and one taxane regimen in addition to standard-of-care radioligand-based therapy. Dose-escalation of VIR-5500 in combination with enzalutamide continues in early-line mCRPC patients. The Company anticipates dosing of first patients in the combination dose-expansion cohorts in both early-line mCRPC and mHSPC over the coming months, followed by pivotal Phase 3 trials in 2027.
내러티브 업데이트 • Apr 05VIR: Oncology Partnership And Prostate Cancer Data Will Drive Future UpsideAnalysts have raised their price targets on Vir Biotechnology to a range of roughly $17 to $30, citing the Astellas collaboration, encouraging VIR-5500 oncology data, and progress in the hepatitis D program as key reasons for updating their views. Analyst Commentary Recent research shows a clear skew toward optimism on Vir Biotechnology, with several firms lifting their price targets and reassessing the company around its oncology and hepatitis D franchises.
내러티브 업데이트 • Mar 21VIR: Oncology Partnership And Hepatitis Delta Progress Will Drive Future UpsideNarrative Update: Vir Biotechnology Analyst Price Target Shift The Street has adjusted its view on Vir Biotechnology, with the consolidated analyst price target now in the high teens to around $20. Analysts cite the Astellas collaboration, VIR-5500 Phase 1 data in prostate cancer, and progress in hepatitis D as key reasons for the reassessment.
내러티브 업데이트 • Mar 06VIR: Oncology Partnership And Hepatitis Delta Data Will Drive Future Upside RepricingAnalysts have lifted their average fair value estimate for Vir Biotechnology to about $20.78 from $16.56, as recent price target hikes highlight growing confidence in the Astellas oncology collaboration, VIR-5500 prostate cancer data and progress in hepatitis D. Analyst Commentary Recent research updates show a clear shift in how Wall Street is framing Vir Biotechnology, with a cluster of higher price targets and one downgrade earlier in the period reflecting both stronger conviction around oncology and hepatitis D, and some lingering questions about execution and risk.
New Risk • Mar 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$307m net loss in 3 years). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding).
Recent Insider Transactions Derivative • Mar 03Independent Chairman exercised options and sold US$350k worth of stockOn the 24th of February, Vicki Sato exercised 42k options at a strike price of around US$1.49 and sold these shares for an average price of US$9.75 per share. This trade did not impact their existing holding. Since June 2025, Vicki's direct individual holding has decreased from 1.31m shares to 1.14m. Company insiders have collectively sold US$908k more than they bought, via options and on-market transactions in the last 12 months.
Major Estimate Revision • Mar 02Consensus revenue estimates increase by 1,089%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from US$8.60m to US$102.3m. Forecast losses expected to reduce from -US$2.76 to -US$2.23 per share. Biotechs industry in the US expected to see average net income decline 8.5% next year. Consensus price target up from US$16.56 to US$20.22. Share price rose 22% to US$9.09 over the past week.
공시 • Feb 26Vir Biotechnology, Inc. has completed a Follow-on Equity Offering in the amount of $150.000002 million.Vir Biotechnology, Inc. has completed a Follow-on Equity Offering in the amount of $150.000002 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 17,647,059 Price\Range: $8.5 Discount Per Security: $0.4675
공시 • Feb 25Vir Biotechnology, Inc. has filed a Follow-on Equity Offering in the amount of $200 million.Vir Biotechnology, Inc. has filed a Follow-on Equity Offering in the amount of $200 million. Security Name: Common Stock Security Type: Common Stock
New Risk • Feb 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$300m net loss in 3 years). Share price has been volatile over the past 3 months (13% average weekly change).
Reported Earnings • Feb 24Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: US$3.16 loss per share (improved from US$3.83 loss in FY 2024). Revenue: US$68.6m (down 7.6% from FY 2024). Net loss: US$438.0m (loss narrowed 16% from FY 2024). Products in clinical trials Phase I: 3 Phase III: 1 Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates by 3.7%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
Recent Insider Transactions Derivative • Feb 24CEO & Director notifies of intention to sell stockMarianne De Backer intends to sell 19k shares in the next 90 days after lodging an Intent To Sell Form on the 23rd of February. If the sale is conducted around the recent share price of US$7.45, it would amount to US$142k. For the year to December 2023, Marianne's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Marianne's direct individual holding has increased from 98.75k shares to 163.15k. Company insiders have collectively sold US$557k more than they bought, via options and on-market transactions in the last 12 months.
공시 • Feb 24Vir Biotechnology, Inc. Reports Positive Updated Phase 1 Results for Psma-Targeting, Pro-Xten®? Dual- Masked T-Cell Engager Vir-5500 in Patients with Metastatic Prostate CancerVir Biotechnology, Inc. announced new data from the ongoing Phase 1 clinical trial of VIR-5500, a prostate-specific membrane antigen (PSMA)-targeting, PRO-XTEN dual-masked T-cell engager (TCE) being evaluated in patients with advanced metastatic castration-resistant prostate cancer (mCRPC) who have progressed after multiple lines of therapy (NCT05997615). These data suggest that VIR-5500 monotherapy is well tolerated and exhibits promising anti-tumor activity. Data will be presented in an oral presentation at the 2026 American Society of Clinical Oncology (ASCO) Genitourinary Cancers Symposium on February 26 in San Francisco, CA (Oral Abstract #17). When members of the executive team and Dr. de Bono will share the updated VIR-5500 Phase 1 data that is also being presented at the 2026 ASCO Genitourinary Cancers symposium on February 26. VIR-5500 is an investigational PRO-XTEN Dual-masked TCE currently being evaluated in an open-label, non-randomized Phase 1 clinical trial (NCT059976 15) designed to assess the safety, pharmacokinetics and preliminary efficacy in participants with metastatic castration- resistant prostate cancer (mCRPC). Vir Biotechnology's clinical development plans and expectations for VIR-5500, including protocols for and enrollment into ongoing and planned clinical trials (including monotherapy dose-expansion cohorts in late-line mCRPC and mHSPC in the second quarter of 2026, followed by pivotal Phase 3 trials in 2027), target endpoints and data readouts; Many factors may cause differences between current expectations and actual results, including, without limitation: unexpected safety or efficacy data or results observed during clinical studies or in data readouts, including the occurrence of adverse safety events; risks of unexpected costs, delays or other unexpected hurdles; challenges in accessing manufacturing capacity; clinical site activation rates or clinical enrollment rates that are lower than expected; the timing and outcome of Vir Biotechnology's planned interactions with regulatory authorities, as well as general difficulties in obtaining any necessary regulatory approvals; successful development and/or commercialization of alternative product candidates by Vir Biotechnology's competitors, as well as changes in expected or existing competition; geopolitical changes or other external factors; and unexpected litigation or other disputes. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical studies may not be indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval.
내러티브 업데이트 • Feb 19VIR: SOLSTICE Hepatitis Delta Data Will Drive Future Upside Repricing PotentialAnalysts have slightly increased their price expectations for Vir Biotechnology, with the average fair value estimate rising by about $0.22 to $16.56 as recent VIR-5500 oncology optionality and SOLSTICE 96-week hepatitis delta data are incorporated into updated models. Analyst Commentary Recent research updates on Vir Biotechnology reflect a mix of optimism around the company’s clinical data and pipeline optionality, balanced against questions about long term execution and valuation risk.
내러티브 업데이트 • Feb 05VIR: SOLSTICE Hepatitis Delta Data Will Drive Future Repricing PotentialNarrative Update Analysts have trimmed their fair value estimate for Vir Biotechnology from about $17.63 to $16.33 as they factor in higher perceived risk via an increased discount rate. This comes even as they acknowledge stronger revenue growth assumptions, wider profit margins, and updated views on valuation multiples following recent SOLSTICE data and price target revisions from the Street.
공시 • Jan 13Vir Biotechnology, Inc. Provides Updates on Chronic Hepatitis Delta and Oncology ProgramsVir Biotechnology, Inc. provided key program updates, including new positive data from the ongoing SOLSTICE Phase 2 trial in chronic hepatitis delta (CHD). Participants receiving the combination therapy of tobevibart, an investigational neutralizing monoclonal antibody (mAb), and elebsiran, an investigational small interfering RNA (siRNA), showed increased and sustained viral suppression of HDV RNA versus treatment with the antibody alone in participants who have reached Week 96 of treatment. Data from the Phase 2 SOLSTICE trial to be presented at the 44h Annual J.P. Morgan Healthcare Conference demonstrate that undetectable hepatitis delta virus RNA (HDV RNA Target Not detected, TND) was achieved and maintained by 77% (24/31) of participants receiving the combination of tobevibart and elebsiran at Week 72, and this rate increased to 88% (21/24) in the subset of participants evaluated through Week 96. Vir Biotechnology's clinical development plans and expectations for the ECLIPSE Phase 3 registrational program, including protocols for and enrollment into ongoing and planned clinical trials, target endpoints and data analyses or readouts (including the expectation of tobevibart 1 in the fourth quarter of 2026 for ECLIPSE 2 and ECLIPSE 3 in the first quarter of 2027); the therapeutic and potential of Vir Biotechnology's oncology solid tumor portfolio, preclinical pipeline and PRO-XTEN®? masking technology; Vir Biotechnology's clinical development plan and expectations for the VIR-5500 and VIR-5818 Phase 1 programs, including protocols for and enrolled by 77% (24/31) of participants receiving the combination tobevibart and Elebsiran at Week 72; and this rate increased to88% (21/24) In the subset of participants evaluated through week 96. Vir Biotechnology'sclinical development plans and expectations for theECLIPSE Phase 3 regulatory program, including protocols for and enrolling into ongoing and planned clinical trial, target endpoints and data analysis or readouts. Many factors may cause differences between current expectations and actual results, including, without limitation: unexpected safety or efficacy data or results observed during clinical studies or in data readouts, including the occurrence of adverse safety events; risks of unexpected costs, delays or other unexpected hurdles; challenges in accessing manufacturing capacity; clinical site activation rates or clinical enrollment rates that are lower than expected; the timing and outcome of Vir Biotechnology's planned interactions with regulatory authorities, as well as general difficulties in obtaining any necessary regulatory approvals; successful development and/or commercialization of alternative product candidates by Vir Biotechnology's competitors, as well as changes in expected or existing competition; geopolitical changes or other external factors; and unexpected litigation or other disputes. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical studies may not be indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval.
Major Estimate Revision • Dec 19Consensus revenue estimates increase by 220%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$6.51m to US$20.8m. Forecast losses expected to reduce from -US$3.47 to -US$3.33 per share. Biotechs industry in the US expected to see average net income decline 6.5% next year. Consensus price target of US$17.22 unchanged from last update. Share price fell 11% to US$5.93 over the past week.
Major Estimate Revision • Nov 12Consensus revenue estimates fall by 40%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$11.5m to US$6.84m. Forecast losses increased from -US$3.29 to -US$3.58 per share. Biotechs industry in the US expected to see average net income decline 9.6% next year. Consensus price target of US$17.22 unchanged from last update. Share price rose 8.8% to US$5.71 over the past week.
분석 기사 • Nov 10Some Analysts Just Cut Their Vir Biotechnology, Inc. (NASDAQ:VIR) EstimatesThe analysts covering Vir Biotechnology, Inc. ( NASDAQ:VIR ) delivered a dose of negativity to shareholders today, by...
공시 • Nov 10Vir Biotechnology, Inc. Announces AASLD The Liver Meeting®? Presentation & New England Journal of Medicine Publication of Phase 2 Data Demonstrating Tobevibart & Elebsiran Combination Deliver High Rates of Undetectable HDV RNA with Favorable Safety ProfileVir Biotechnology, Inc. announced that Week 48 endpoint analysis from the Company's Phase 2 SOLSTICE trial for chronic hepatitis delta (CHD) demonstrated that participants receiving a monthly dose of the combination of tobevibart and elebsiran achieved robust and sustained rates of hepatitis delta virus (HDV) RNA target not detected (TND), including those participants with cirrhosis and high baseline HDV RNA. The combination also showed alanine aminotransferase (ALT) reductions over time and a favorable safety profile. These data were presented in an oral session at the American Association for the Study of Liver Diseases (AASLD) The Liver Meeting®?, in Washington, D.C., and simultaneously published in the New England Journal of Medicine. Data demonstrate that 66% (21/32) of participants with CHD receiving a monthly dose of the combination of tobevibart and elebsiran achieved and sustained HDV RNA TND at 48 weeks. Additionally, approximately 90% of participants achieved reduction in hepatitis B surface antigen (HBsAg) to values.
Reported Earnings • Nov 07Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: US$1.17 loss per share (improved from US$1.56 loss in 3Q 2024). Revenue: US$240.0k (down 90% from 3Q 2024). Net loss: US$163.1m (loss narrowed 24% from 3Q 2024). Revenue missed analyst estimates by 88%. Earnings per share (EPS) also missed analyst estimates by 38%. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.
공시 • Nov 04Vir Biotechnology, Inc. Announces Completion of Enrollment in ECLIPSE 1 Phase 3 Trial for Chronic Hepatitis DeltaVir Biotechnology, Inc. announced the completion of enrollment for ECLIPSE 1, a Phase 3 trial evaluating the safety and efficacy of the combination of tobevibart and elebsiran in patients with chronic hepatitis delta (CHD). ECLIPSE 1 is one of three trials in Vir Biotechnology's ECLIPSE registrational program for CHD, and it is designed to provide the efficacy and safety data needed for potential submission to global regulatory agencies, including in the U.S. and Europe. The last patient in ECLIPSE 1 is expected to reach the trial's primary endpoint (primary completion date) in the fourth quarter of 2026, with topline data expected in the first quarter of 2027. The objective is to eliminate the virus, and tobevibart in combination with elebsiran offers the potential to achieve this by tackling the viral lifecycle through multiple mechanisms. The significant unmet need in CHD and the potential for the combination of tobevIBart and elebsiran to provide a much-needed treatment option has been recognized by the U.S. Food and Drug Administration (FDA) with Breakthrough Therapy and Fast Track designations, and by the European Medicines Agency (EMA) with Priority Medicines (PRIME) and orphan drug designations.
공시 • Oct 23Vir Biotechnology, Inc. to Report Q3, 2025 Results on Nov 05, 2025Vir Biotechnology, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 05, 2025
공시 • Oct 10Vir Biotechnology, Inc. Announces First Patient Dosed in Part 3 of Phase 1 Trial of Psma-Targeting PRO-XTENVir Biotechnology, Inc. announced that the first patient has been dosed in Part 3 of the Company's Phase 1 clinical trial evaluating VIR-5500 in combination with androgen receptor pathway inhibitors (ARPIs). VIR-5500 is an investigational PRO-XTEN dual-masked T-cell engager (TCE) targeting prostate-specific membrane antigen (PSMA) and will be evaluated in participants in first-line pre-taxane metastatic castration-resistant prostate cancer (mCRPC). VIR-5500 are the only dual-masked PSMA-targeting TCE currently in clinical trials. The Phase 1 clinical trial is an open-label, non-randomized study designed to assess the safety, pharmacokinetics and preliminary anti-tumor activity of VIR-5500 in collaboration with ARPIs in participants with metastatic prostate cancer. VIR-5500 is currently being evaluated in the same Phase 1 clinical trial as a monotherapy and has demonstrated promising early anti-tumor activity and a favorable safety profile in heavily pre-treated patients with mCRPC. VIR-5500 incorporates the universal PRO-XTEN®? masking technology, which is designed to enable the selective activation of the TCEs in the tumor microenvironment, mitigating damage to healthy cells and reducing toxicity. T-cell engagers (TCEs) are powerful anti-tumor agents that can direct the immune system, specifically T-cells, to destroy cancer cells. VIR-5500 are an investigational PRO-XTen®? masked TCE currently being evaluated in an open-label, non -randomized Phase 1 clinical trial (NCT05997615) designed to assess the safety, Pharmacokinetics, and preliminary efficacy of VIR-5500 In participants with metastatic castration-resistant cancer (mCRPC).VIR-5500 combines a bispecific PSMA and CD3 binding TCE with the PRO-XTEN®? masksing technology.
분석 기사 • Aug 09Vir Biotechnology, Inc. (NASDAQ:VIR) Analysts Are Cutting Their Estimates: Here's What You Need To KnowAs you might know, Vir Biotechnology, Inc. ( NASDAQ:VIR ) last week released its latest quarterly, and things did not...
Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: US$0.80 loss per share (improved from US$1.02 loss in 2Q 2024). Revenue: US$1.21m (down 61% from 2Q 2024). Net loss: US$111.0m (loss narrowed 20% from 2Q 2024). Revenue missed analyst estimates by 55%. Earnings per share (EPS) also missed analyst estimates by 9.9%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.
공시 • Aug 06Vir Biotechnology, Inc. Successfully Initiates All Trials in ECLIPSE Registrational Program for Chronic Hepatitis DeltaVir Biotechnology, Inc. announced the enrollment of the first participant in ECLIPSE 3. All three trials in the Company's registrational ECLIPSE program for chronic hepatitis delta (CHD) have now been initiated. ECLIPSE 3 is a Phase 2b trial designed to compare the combination of tobevibart and elebsiran to bulevirtide treatment in patients with CHD. ECLIPSE 3 will provide important supportive data to help establish access and reimbursement in key markets. CHD is the most severe form of chronic viral hepatitis,1 with people living with the disease rapidly progressing to cirrhosis, liver failure2 and liver-related death.1 The objective of therapy is to eliminate the virus. Cobevibart in combination with elebsiran offers the potential to achieve this by tackling the viral lifecycle through multiple mechanisms. The potential of the combination of tobevIBart and elebsiran has been recognized by Breakthrough Therapy and Fast Track designations from the U.S. Food and Drug Administration (FDA), along with Priority Medicines (PRIME) and orphan drug status from the European Medicines Agency (EMA). These designations support the expedited development of treatments for serious diseases where there is a significant unmet medical need. About the ECLIPSE Registrational Program: ECLIPSE is a registrational program to evaluate the safety and efficacy of tobevibart in combination with eleBSiran in patients with chronic hepatitis delta (CHD). words such as "should," "could," " may," " might," "will," "plan," "pot potential," "aim," "ex expect," "anticipate," "promising" and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. Forward-looking statements contained in this press release include, but are not limited to, statements regarding: the therapeutic potential of the combination of to bevibart and Elebsiran to treat CHD and Vir Biotechnology's belief that it can establish a new standard of care in both newly diagnosed and previously treated patients with CHD; Vir Biotechnology's clinical development plans and expectations for the ECLIPSE Phase 3 registrational program, including protocols for and enrollment into ongoing and planned clinical studies, target endpoints and data readouts; Vir Biotechnology's strategy and plans; and any assumptions underlying any of the foregoing. Many factors may cause differences between current expectations and actual results, including, without limitation: unexpected safety or efficacy data or results observed during clinical studies or in data readouts, including the occurrence of adverse safety events; risks of unexpected costs, delays or other unexpected hurdles; challenges in accessing manufacturing capacity; clinical site activation rates or clinical enrollment rates that are lower than expected; the timing and outcome of Vir Biotechnology's planned interactions with regulatory authorities, as well as general difficulties in obtaining any necessary regulatory approvals; successful development and/or commercialization of alternative product candidates by Vir Biotechnology's competitors, as well as changes in expected or existing competition; geopolitical changes or other external factors; and unexpected litigation or other disputes. In light of these risks and uncertainties, the events or circumstances referred to in the forward-looking statements may not occur. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical studies may not be indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval. The actual results may vary from the anticipated results, and the variations may be material.
공시 • Aug 01Vir Biotechnology Initiates Second Pivotal Trial in Its Global Eclipse Registrational Program for Chronic Hepatitis DeltaVir Biotechnology, Inc. announced the enrollment of the first participant in the ECLIPSE 2 Phase 3 clinical trial, which is designed to compare the combination of tobevibart and elebsiran to continued bulevirtide monotherapy in participants with chronic hepatitis delta (CHD) who have not achieved undetectable hepatitis delta virus (HDV) RNA despite bulevirtide treatment. ECLIPSE 2 is one of three trials in Vir Biotechnology's registrational ECLIPSE program for CHD, which was initiated in March 2025.obevibart in combination with elebsiran offers the potential to achieve this by tackling the viral lifecycle through multiple mechanisms. The significant unmet need in CHD and the potential for tobevibart and Elebsiran to provide a much-needed treatment option has been recognized by the U.S. Food and Drug Administration (FDA) with Breakthrough Therapy and Fast Track designations, and by the European Medicines Agency (EMA) with Priority Medicines (PRIME) and oban drug designations. ECLIPSE is a registrational program to evaluate the safety and efficacy of tobevibart in combination with Elebsiran in patients with chronic hepatitis delta (CH D). Forward-looking statements contained in this press release include, but are not limited to, statements regarding: the therapeutic potential of the combination of tobevIBart and elebsiran To treat CHD and Vir Biotechnology's belief that it can be a highly effective and transformative treatment option for these patients; Vir Biotechnology's clinical development plans and expectations for the ECLIPSE Phase 3 registrational program, including protocols for and enrollment into ongoing and planned clinical studies, target endpoints and data readouts; Vir Biotechnology's strategy and plans; and any assumptions underlying any of the foregoing. Many factors may cause differences between current expectations and actual results, including, without limitation: unexpected safety or efficacy data or results observed during clinical studies or in data readouts, including the occurrence of adverse safety events; risks of unexpected costs, delays or other unexpected hurdles; challenges in accessing manufacturing capacity; clinical site activation rates or clinical enrollment rates that are lower than expected; the timing and outcome of Vir Biotechnology's planned interactions with regulatory authorities, as well as general difficulties in obtaining any necessary regulatory approvals; successful development and/or commercialization of alternative product candidates by Vir Biotechnology's competitors, as well as changes in expected or existing competition; geopolitical changes or other external factors; and unexpected litigation or other disputes. In light of these risks and uncertainties, the events or circumstances referred to in the forward-looking statements may not occur. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical studies may not be indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval. The actual results may vary from the actual results may vary from the time to time to time to time to date.
공시 • Jul 24Vir Biotechnology, Inc. Announces First Patient Dosed in Phase 1 Clinical Trial of EGFR-Targeting PRO-XTEN™? Dual- Masked T-Cell Engager VIR-5525 for the Treatment of Solid TumorsVir Biotechnology, Inc. announced that the first patient has been dosed in the Company's Phase 1 clinical trial evaluating VIR-5525, an investigational dual-masked T-cell engager (TCE) targeting EGFR (epidermal growth factor receptor). VIR-5525 will be evaluated for the treatment of a variety of EGFR-expressing solid tumors in areas of high unmet need such as non-small cell lung cancer (NSCLC), colorectal cancer (CRC), head and neck squamous cell carcinoma (HNSCC), and cutaneous squamous cell carcinoma (cSCC). The Phase 1 clinical trial (NCT06960395) is a first-in-human open-label, non-randomized study designed to assess the safety, pharmacokinetics, and preliminary anti-tumor activity of VIR-5525 as a monotherapy and in combination with pembrolizumab. VIR-5525 is Vir Biotechnology's third dual-masked TCE in clinical trials. It incorporates the Company's clinically validated in-licensed PRO-XTEN™? masking technology, which is designed to enable the selective activation of the TCEs in the tumor microenvironment, mitigating damage to healthy cells and reducing toxicity. EGFR is a clinically validated target known to play a key role in cancer. Although EGFR-targeting therapies are available, they often face limitations due to the development of resistance mechanisms and high toxicities associated with treatment. The first patient dosing of VIR-5525 triggers a $75 million milestone payment as part of the Company's 2024 exclusive worldwide license agreement with Sanofi for the PRO-XTEN™? platform and clinical-stage T-cell engagers. This anticipated milestone payment has been held as restricted cash since the transaction closing and was included from the Company's $1.02 billion in cash, cash equivalents and investments reported as of March 31, 2025. The payment will be recognized as a research and development expense in the third quarter of 2025. Dose escalation continues for Vir Biotechnology's dual-masked TCEs VIR-5818 (targeting a variety of HER2-expressing solid tumors) and VIR-5500 (targeting PSMA in metastatic castration-resistant prostate cancer). Initial Phase 1 data presented in January 2025 [2] data presented in January 2025 [1] and VIR-5500 [2] in the first patient dosing of V IR-5525 triggers a $25 million milestone payment as part of The Company's 2024 exclusive worldwide license Agreement with Sanofi for the PRO -XTEN™? platform andclinical-stage T-cell engager. This anticipated milestone payment has be held as restricted cash since the transactions closing and was included from the company's $1.02 billion In cash, cash equivalents and investments reports as of March 31, 2025, the company's $1.2 billion in cash, cash equivalents, and investments reported as of March31, 2025. The payment will been recognized as a research and development expenses in the third quarter of 2025; Dose escalation continues for Vir biotechnology's dual-maskedTCEs VIR-58 18 (targeting a variety ofHER2-expressing solid tumors); and VIR-5500. Initial Phase 1 data presented in February 2025; and VIR-5500; Initial Phase 1 data presented in December 2021; and VIR-5525 will also be evaluated for the company's third dual-masked tCEs VIR-5819 (targeting PSMA in the tumor microenvironment; and VIR-55000 (PSMA), with compelling early clinical response signals and promising safety profiles.
공시 • Jul 23Vir Biotechnology, Inc. to Report Q2, 2025 Results on Aug 06, 2025Vir Biotechnology, Inc. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Aug 06, 2025
Recent Insider Transactions Derivative • Jun 10Director notifies of intention to sell stockGeorge Scangos intends to sell 50k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of June. If the sale is conducted around the recent share price of US$5.41, it would amount to US$271k. Since December 2024, George's direct individual holding has decreased from 3.83m shares to 3.78m. Company insiders have collectively sold US$1.1m more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • May 20Price target decreased by 43% to US$17.88Down from US$31.13, the current price target is an average from 8 analysts. New target price is 278% above last closing price of US$4.73. Stock is down 54% over the past year. The company is forecast to post a net loss per share of US$3.29 next year compared to a net loss per share of US$3.83 last year.
Major Estimate Revision • May 15Consensus revenue estimates decrease by 37%, EPS upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$27.5m to US$17.2m. EPS estimate increased from -US$3.60 to -US$3.43 per share. Biotechs industry in the US expected to see average net income decline 13% next year. Consensus price target down from US$31.13 to US$29.75. Share price fell 20% to US$4.50 over the past week.
분석 기사 • May 11Earnings Update: Vir Biotechnology, Inc. (NASDAQ:VIR) Just Reported And Analysts Are Trimming Their ForecastsIt's been a mediocre week for Vir Biotechnology, Inc. ( NASDAQ:VIR ) shareholders, with the stock dropping 17% to...
Reported Earnings • May 09First quarter 2025 earnings: EPS in line with expectations, revenues disappointFirst quarter 2025 results: US$0.88 loss per share (further deteriorated from US$0.48 loss in 1Q 2024). Revenue: US$3.03m (down 95% from 1Q 2024). Net loss: US$121.0m (loss widened 85% from 1Q 2024). Revenue missed analyst estimates by 65%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
공시 • May 09Vir Biotechnology, Inc. Announces Preliminary 24-Week Post-End of Treatment Data for Tobevibart and Elebsiran Combinations in Chronic Hepatitis B from the March StudyVir Biotechnology, Inc. announced 24-week post-end of treatment data from Part B of the ongoing MARCH Phase 2 clinical study evaluating tobevibart and elebsiran without or with pegylated interferon alpha (PEG-IFNa) in participants with chronic hepatitis B (CHB). The study-defined primary endpoint, proportion of participants with undetectable hepatitis B surface antigen (HBsAg) at 24 weeks post-end of treatment, was achieved by 17% (3/18) and 21% (3/14) of participants with baseline HBsAgCHB is a long-lasting, inflammatory liver disease caused by the hepatitis B virus (HBV). The World Health Organization estimates that 254 million people live with CHB, and an estimated 1.1 million yearly deaths are associated with the disease. Complications from CHB may include liver cirrhosis, liver failure and liver cancer. Although CHB can be treated, there is currently no cure. Participants in the trial received tobevibart and Elebsiran without or with PEG-IFNa. Tobevibart was administered at 300 mg every 4 weeks; elebsiran, at 200 mg every 4 weeks; and PEG-IFNa, for patients receiving it, at 180 ug weekly. Participants with HBsAg loss (seroclearance) after 48 weeks of treatment who met eligibility criteria discontinued both NRTI (nucleos(t)ide reverse transcriptase inhibitor) as well as tobevibart and elebsirAN without or with PEG- IFNa treatment. Vir Biotechnology's anticipated cash runway; Vir Biotechnology's strategy and plans; and any assumptions underlying any of the foregoing. Many factors may cause differences between current expectations and actual results, including, without limitation: unexpected safety or efficacy data or results observed during clinical studies or in data readouts, including the occurrence of adverse safety events; risks of unexpected costs, delays or other unexpected hurdles; challenges in accessing manufacturing capacity; clinical site activation rates or clinical enrollment rates that are lower than expected; the timing and outcome of Vir Biotechnology's planned interactions with regulatory authorities, as well as general difficulties in obtaining any necessary regulatory approvals; successful development and/or commercialization of alternative product candidates by Vir Biotechnology's competitors, as well as changes in expected or existing competition; geopolitical changes or other external factors; and unexpected litigation or other disputes. In light of these risks and uncertainties, the events or circumstances referred to in the forward-looking statements may not occur. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical studies may not be indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval. The actual results may vary from the anticipated results, and the variations may be material.
공시 • May 01Vir Biotechnology, Inc. to Report Q1, 2025 Results on May 07, 2025Vir Biotechnology, Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025
공시 • Apr 18Vir Biotechnology, Inc., Annual General Meeting, May 29, 2025Vir Biotechnology, Inc., Annual General Meeting, May 29, 2025.
Recent Insider Transactions • Apr 09CEO & Director recently sold US$474k worth of stockOn the 3rd of April, Marianne De Backer sold around 80k shares on-market at roughly US$5.95 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Marianne has been a net seller over the last 12 months, reducing personal holdings by US$627k.
Recent Insider Transactions Derivative • Apr 06CEO & Director notifies of intention to sell stockMarianne De Backer intends to sell 80k shares in the next 90 days after lodging an Intent To Sell Form on the 3rd of April. If the sale is conducted around the recent share price of US$5.95, it would amount to US$474k. For the year to December 2023, Marianne's total compensation was 2% salary and 98% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2024, Marianne's direct individual holding has increased from 71.12k shares to 98.75k. Company insiders have collectively sold US$621k more than they bought, via options and on-market transactions in the last 12 months.
새로운 내러티브 • Mar 23Strong Clinical Advances In Oncology And Hepatitis Delta Will Secure Future Success ECLIPSE Phase III program in hepatitis delta and oncology advancements promise revenue and earnings growth through new treatments and diversified revenue streams.
공시 • Mar 13Vir Biotechnology, Inc. Enrolls First Patient in Phase 3 Eclipse Registrational Program for Chronic Hepatitis DeltaVir Biotechnology, Inc. announced the enrollment of the first patient in its Phase 3 ECLIPSE registrational program. The ECLIPSE registrational program is designed to evaluate the efficacy and safety of tobevibart in combination with elebsiran in people living with chronic hepatitis delta (CHD). ECLIPSE 1, the first trial of the program to be initiated, and ECLIPSE 2 are Phase 3 trials designed to provide the registrational data needed for submission to multiple regulatory agencies. ECLIPSE 3, a Phase 2b trial, is designed to provide important supportive data to help enable access and reimbursement strategies in key European markets. CHD is a debilitating inflammatory liver disease caused by the hepatitis delta virus (HDV). It is the most severe form of chronic viral hepatitis2 and on average, people living with CHD will progress to cirrhosis and liver failure within 5 years.3 There is a high unmet medical need for effective treatments, as there are no approved therapies in the U.S., and options are limited in the European Union and globally. The objective of therapy is to eliminate the virus. Tobevibart in combination with elebsiran offers the potential to achieve this by tackling the viral lifecycle through multiple mechanisms. The significant unmet need in CHD and the potential for tobevibart and elebsiran to provide a much-needed treatment option has been recognized by the U.S. Food and Drug Administration (FDA) with Breakthrough and Fast Track designations, and by the European Medicines Agency (EMA) Priority Medicines (PRIME) and orphan drug designation. ECLIPSE is a Phase 3 registrational program to evaluate the safety and efficacy of tobevibart in combination with elebsiran in patients with chronic hepatitis delta. ECLIPSE includes three randomized, controlled trials designed to evaluate the combination therapy in comparison to deferred treatment or bulevirtide. ECLIPSE 1, the first trial of the program to be initiated, is a Phase 3 trial that will assess the efficacy and safety of tobevibart and elebsiran compared to deferred treatment in regions such as the U.S. where bulevirtide is not available or other regions where its access is limited. ECLIPSE 2 is a Phase 3 trial that will evaluate the efficacy and safety of switching to tobevibart and elebsiran in people with CHD who have not achieved viral suppression with bulevirtide therapy. ECLIPSE 1 and 2 are designed to provide the registrational efficacy and safety data needed for potential submission to global regulatory agencies. ECLIPSE 3 is a Phase 2b head-to-head trial to evaluate tobevibart and elebsiran compared with bulevirtide in bulevirtide-naïve patients, and it is designed to provide important supportive data to help establish access and reimbursement in key markets. ECLIPSE 1 plans to enroll 120 participants in the U.S. or other regions where bulevirtide use is limited. Participants will be randomized 2:1 to receive either tobevibart in combination with elebsiran or deferred treatment. During the deferred treatment period, participants will receive only nucleoside reverse transcriptase inhibitors (NRTIs). After the initial delay period, participants will be switched to the combination therapy of tobevibart and elebsiran. The composite primary endpoint measures HDV RNA at the lower limit of quantification target not detected or HDV RNA TND (defined as HDV RNA < 0 IU/mL) and ALT normalization at Week 48, compared to the deferred treatment group at the end of their deferred treatment period. Tobevibart is an investigational broadly neutralizing monoclonal antibody targeting the hepatitis B surface antigen (HBsAg). It is designed to inhibit the entry of hepatitis B and hepatitis delta viruses into hepatocytes and to reduce the level of circulating viral and subviral particles in the blood. Tobevibart was identified using Vir Biotechnology’s proprietary monoclonal antibody discovery platform. The Fc domain has been engineered to increase immune engagement and clearance of HBsAg immune complexes and incorporates Xencor’s Xtend™ technology to extend half-life. Tobevibart is administered subcutaneously, and it is currently in clinical development for the treatment of patients with chronic hepatitis delta and patients with chronic hepatitis B. Elebsiran is an investigational hepatitis B virus-targeting small interfering ribonucleic acid (siRNA) discovered by Alnylam Pharmaceuticals, Inc. It is designed to degrade hepatitis B virus RNA transcripts and limit the production of hepatitis B surface antigen. Current data indicates that it has the potential to have direct antiviral activity against hepatitis B virus and hepatitis delta virus. Elebsiran is administered subcutaneously, and it is currently in clinical development for the treatment of patients with chronic hepatitis delta and patients with chronic hepatitis B.
Seeking Alpha • Mar 04Vir Biotechnology: Catalysts Ahead In Hepatitis And OncologySummary Vir Biotechnology's T-cell engagers have potential in oncology and showed promise with initial data in January 2025, but the stock's rally has since faded. Additional data from the MARCH Part B trial for chronic hepatitis B is expected in Q2'25, but the company won't develop further there without a partner. VIR hasn't provided an exact timeline for the next update from its T-cell engager work, although the company plans to initiate work with a third T-cell engager in 2025. Read the full article on Seeking Alpha
Price Target Changed • Feb 28Price target decreased by 34% to US$20.86Down from US$31.38, the current price target is an average from 7 analysts. New target price is 149% above last closing price of US$8.39. Stock is down 25% over the past year. The company is forecast to post a net loss per share of US$3.71 next year compared to a net loss per share of US$3.83 last year.
Recent Insider Transactions • Feb 28CEO & Director recently sold US$152k worth of stockOn the 24th of February, Marianne De Backer sold around 16k shares on-market at roughly US$9.45 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Marianne has been a net seller over the last 12 months, reducing personal holdings by US$843k.
New Risk • Feb 27New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$567k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$521m net loss in 3 years). Significant insider selling over the past 3 months (US$567k sold).
Reported Earnings • Feb 27Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: US$3.83 loss per share (improved from US$4.59 loss in FY 2023). Revenue: US$74.2m (down 14% from FY 2023). Net loss: US$522.0m (loss narrowed 15% from FY 2023). Revenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%. Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
공시 • Feb 13Vir Biotechnology, Inc. to Report Q4, 2024 Results on Feb 26, 2025Vir Biotechnology, Inc. announced that they will report Q4, 2024 results After-Market on Feb 26, 2025
공시 • Jan 31Vir Biotechnology, Inc. Announces Executive ChangesOn January 24, 2025, Vir Biotechnology, Inc. announced that Ann (Aine) M. Hanly, Ph.D., the Company’s Executive Vice President and Chief Technology Officer, will be leaving the Company on February 26, 2025. The Company has appointed Maninder Hora, Ph.D. to the role of Executive Vice President and Chief Technical Operations Officer, effective February 27, 2025, and Dr. Hora will assume Dr. Hanly’s responsibilities.
Seeking Alpha • Jan 09Vir Biotechnology: A Rocket Off Phase 1 Data... What Could Go Wrong?Summary Vir Biotechnology's recent share price rally is driven by their promising cancer program, despite their primary focus on hepatitis management. The company's market cap has surged past $1 billion, raising questions about the sustainability and justification of this valuation. The early data for their T cell engagers suggest favorable safety, with hints of efficacy and a boatload more patients in phase 1 waiting for more evaluation. On balance, at these price levels, VIR stock is attractive, though risky. Read the full article on Seeking Alpha
New Risk • Jan 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$542m net loss in 3 years). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
공시 • Jan 08Vir Biotechnology Announces Encouraging Safety and Efficacy Data in Ongoing Dose Escalation Trials for Dual Masked T-Cell Engagers VIR-5818 in Solid Tumors and VIR-5500 in mCRPCVir Biotechnology, Inc. is presenting initial Phase 1 data from two of its dual-masked T-cell engagers (TCEs): VIR-5818, targeting a variety of HER2-expressing solid tumors; and VIR-5500, targeting PSMA in metastatic castration-resistant prostate cancer (mCRPC). Data show encouraging preliminary safety and efficacy profiles with no dose-limiting cytokine release syndrome (CRS), maximum tolerated dose (MTD) not yet reached as dose escalation continues, and early clinical response signals observed in heavily pretreated participants. These initial results provide clinical support for Vir Biotechnology’s in-licensed PRO-XTEN™ masking technology, which is designed to enable the selective activation of TCEs in the tumor microenvironment, mitigating damage to healthy cells and reducing toxicity. Despite availability of HER2-targeting therapies, there remains a significant unmet need for treatments with novel mechanisms of action to improve tolerability and extend survival. Currently, no HER2-directed immunotherapies are approved for solid tumors. The preliminary safety and efficacy data of VIR-5818 support the tumor-specific activation of PRO-XTENTM dual-masked TCEs and the potential of this technology to broaden the therapeutic index of TCEs. VIR-5818 is being evaluated in a Phase 1 clinical trial (NCT05356741) designed to study its safety and pharmacokinetics alone, and in combination with pembrolizumab, in participants with a variety of HER2-expressing cancers, including breast and colorectal cancer (CRC). The study has enrolled 79 heterogeneous and heavily pretreated participants in monotherapy cohorts. Early efficacy data indicate that 50% (10/20) of participants receiving VIR-5818 doses =400 µg/kg experienced dose-dependent tumor shrinkage across multiple HER2-positive tumor types. This includes participants who had received up to 9 prior lines of therapy. Strong anti-tumor activity was observed in a subset of participants with HER2-positive CRC who have exhausted standard of care. In this subset, confirmed partial responses (cPRs) were seen in 33% (2/6) of participants at early doses, and one patient continued in cPR for more than 18 months as of the data cut-off. Preliminary safety data demonstrate that VIR-5818 is generally well-tolerated, with minimal grade 1 or 2 CRS (20% and 10%, respectively) and no grade 3 or greater CRS observed in any of the 79 participants across doses up to 1000 µg/kg. Most treatment-emergent adverse events (TEAEs) were low grade, reversible and manageable. The MTD has not yet been reached. Preliminary pharmacokinetics and safety data indicate low systemic unmasking of the TCE, suggesting tumor-specific activation. Dual masking results in a half-life of approximately 6 days, which may enable a less frequent dosing regimen. As a result, Vir Biotechnology is currently evaluating a Q3W dosing regimen. Prostate cancer is the second most diagnosed cancer in men1. Despite advancements, there is still a significant unmet need for efficacious, well-tolerated treatments that can extend survival and improve quality of life. VIR-5500 is being evaluated in a Phase 1 clinical trial (NCT05997615) designed to assess its safety, pharmacokinetics, and preliminary efficacy in participants with mCRPC. The study has enrolled 18 participants with significant disease burden who have received 3 to 6 prior lines of therapy. Early efficacy data show encouraging signs of prostate-specific antigen (PSA) responses, and PSA reductions were observed in 100% (12/12) of participants after an initial dose =120 µg/kg. PSA50 response was confirmed in 58% (7/12) of participants receiving a first dose =120 µg/kg. Preliminary data show a promising safety profile, with no dose-limiting toxicities observed up to 1000 µg/kg without prophylactic corticosteroids. Safety findings showed minimal grade 1 or 2 CRS (17% and 11%, respectively) and no grade 3 or greater CRS at any dose. Most TEAEs were low grade. No hearing loss has been reported, suggesting safety benefits of dual masking in preventing on-target, off-tumor toxicities. Dose escalation is ongoing, and the MTD for VIR-5500 has not yet been reached. Preliminary pharmacokinetics and safety data indicate tumor-specific activation with minimal unmasking outside the tumor. The dual-masked TCE shows a desirable half-life of 8-10 days, which is enabling Vir Biotechnology to evaluate a Q3W dosing regimen. The safety and tolerability profile observed for VIR-5500 in ongoing dose escalation, together with the observed signs of early anti-tumor activity at low doses, may enable a wide therapeutic index.
분석 기사 • Jan 07Is Vir Biotechnology (NASDAQ:VIR) In A Good Position To Invest In Growth?We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Seeking Alpha • Dec 13Vir Biotechnology Could Be An Early Riser In 2025 With Oncology Data In JanuarySummary VIR's is expected to report data in January from two phase 1 trials of VIR-5500 and VIR-5818, two T-cell engagers, in various cancer types. JANX recently produced promising data with JANX007, which is similar to VIR-5500, in prostate cancer. As for elebsiran and tobevibart, two treatments for hepatitis B and hepatitis delta, a phase 3 program in hepatitis delta will get underway in H1'25. Read the full article on Seeking Alpha
공시 • Dec 13Vir Biotechnology, Inc. Receives FDA Breakthrough Therapy Designation and Ema Prime Designation for Tobevibart and Elebsiran in Chronic Hepatitis DeltaVir Biotechnology, Inc. announced that tobevibart and elebsiran have received U.S. Food and Drug Administration (FDA) Breakthrough Therapy designation and European Medicines Agency (EMA) Priority Medicines (PRIME) designation for the treatment of chronic hepatitis delta (CHD). The designations are supported by compelling positive safety and efficacy data from the Phase 2 SOLSTICE trial, from which the Company recently presented new data at AASLD The Liver Meeting in San Diego, U.S. Vir Biotechnology's Phase 3 ECLIPSE registrational program evaluating tobevibart and Elebsiran in CHD will commence in the first half of 2025. CHD is a chronic, progressive liver disease caused by the hepatitis delta virus1 and is the most severe form of chronic viral hepatitis2. FDA Breakthrough Therapy designation aims to expedite the development and regulatory reviews of investigational therapies for serious conditions that demonstrate promising preliminary clinical evidence and potential improvement over existing therapies. EMA PRIME designation is granted to investigational medicines that target conditions with unmet medical needs for which no treatment option exists, or where they can offer a major therapeutic advantage over existing treatments. It fosters early exchange with the EMA to facilitate robust data collection, high-quality marketing authorization applications and expedited evaluations so that medicines can reach patients earlier. These designations follow FDA Fast Track designation and EMA Committee for Orphan Medicinal Products (COMP) positive opinion on orphan drug designation received earlier this year.
New Risk • Dec 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$553m net loss in 3 years). Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
공시 • Nov 19Vir Biotechnology, Inc. Presents Positive Chronic Hepatitis Delta Clinical Trial Data and Announces Initiation of Phase 3 Registrational ProgramVir Biotechnology, Inc. announced positive results from the SOLSTICE Phase 2 clinical trial evaluating tobevibart alone, or in combination with elebsiran, in people with chronic hepatitis delta (CHD). The most-advanced and potential first-of-its-kind investigational human monoclonal antibody and siRNA combination dosed monthly achieved 100% virologic response and rapid hepatitis delta virus (HDV) RNA suppression. HDV RNA below the lower limit of quantification (These data were presented in an oral session at the American Association for the Study of Liver Diseases (AASLD) The Liver Meeting, in San Diego, CA. Based on these results, and following a recent meeting with the FDA, Vir Biotechnology plans to initiate the Phase 3 registrational ECLIPSE program in the first half of 2025 to further evaluate the combination of tobevibart and elebsiran for the treatment of CHD. CHD is a chronic inflammatory liver disease caused by HDV. It is the most severe form of chronic viral hepatitis and on average, people living with CHD will progress to cirrhosis and liver failure within 5 years. There is no approved treatment in the United States. The objective of therapy is to clear the virus, and combination therapy offers the potential to do so by tackling the viral lifecycle through multiple mechanisms. Primary Endpoint Analysis from the Phase 2 SOLSTICE TrialClinical trial participants were randomized to receive tobevibart 300 mg monotherapy every two weeks (n=33) or a combination of tobevibart 300 mg and elebsiran 200 mg every four weeks (combination de novo arm, n=32). In addition, the participants from previous tobevibart or elebsiran monotherapy cohorts could rollover to receive the combination of tobevibart 300 mg and elebsiran 200 mg every four weeks (combination rollover, n=13). Rates of virologic suppression were evaluated at Week 24, and further assessed at Weeks 36, 48 and 60 in those participants that had reached each timepoint. Further monitoring will continue up to 192 weeks. Rapid and Sustained Virologic Suppression – 100% of participants across combination arms achieved an HDV RNA =2 log10 decrease or below limit of detection (LOD) at Week 24, and this rate was sustained over time in all participants at Weeks 36 (22/22) and those in the rollover cohort that reached Week 60 (5/5). HDV RNA TND was achieved in 41% (13/32) of participants across combination arms at Week 24 and this rose to 64% (14/22) at Week 36. By week 60, this had risen further with 80% (4/5) of participants in the rollover cohort having achieved no detectable viral RNA. Approximately 90% of participants receiving the combination achieved reductions in hepatitis B surface antigen (HBsAg) values below <10 IU/mL at Week 24, with sustained responses at later time points. This indicates suppression of the key biologic mechanisms that HDV requires for viral replication. ALT Normalization – Alanine aminotransferase (ALT) decreased in most participants between Day 1 and Week 24 and normalized in 47% (15/32) of participants in the combination de novo cohort and 56% (5/9) in the rollover cohort by Week 24. These rates were sustained at Week 36. Combined Endpoints – The protocol defined combined endpoint of HDV RNA decrease = 2 log10 compared to baseline or HDV RNA below LOD and ALT normalization at Week 24 was observed in 47% (15/32) of participants in the combination de novo arm. The more stringent composite endpoint of HDV RNA TND and ALT normalization was achieved in 19% (6/32) of participants in the combination de novo arm at Week 24, which increased to 27% (6/22) by Week 36. This trend was reflected in the combination rollover cohort in which 33% (3/9) of participants achieved this endpoint at Week 24 and 40% (2/5) at Week 60. Rates of HDV RNA suppression and ALT normalization were similar between non-cirrhotic and cirrhotic participants across combination arms. Safety Profile – The safety profile of tobevibart and elebsiran is consistent with previous studies. Treatment-emergent adverse events (TEAEs) were generally mild or moderate and transient across all treatment groups, with influenza-like illness being the most common event. No ALT flares were observed. There were no study-related discontinuations in the combination arms, and no treatment-related severe adverse events (SAEs) were reported. Phase 3 Registrational ECLIPSE ProgramFollowing a meeting with the FDA, Vir Biotechnology finalized the design of the Phase 3 registrational clinical program, ECLIPSE, which evaluates the tobevibart and elebsiran combination in people living with CHD. This program, which will commence in the first half of 2025, will include three randomized, controlled trials designed to evaluate the combination therapy in comparison to deferred treatment or bulevirtide. All studies will enroll both cirrhotic and non-cirrhotic participants. ECLIPSE 1 and 2 are Phase 3 trials designed to provide the registrational efficacy and safety data needed for submission to global regulatory agencies. ECLIPSE 3 is a Phase 2b trial designed to provide important supportive data, particularly in Europe, to help establish appropriate pricing and reimbursement in key markets. ECLIPSE 1 will assess the efficacy and safety of tobevibart and elebsiran compared to deferred treatment in regions such as the U.S. where bulevirtide is not available or its use is limited. ECLIPSE 2 will evaluate the efficacy and safety of switching to tobevibart and elebsiran in people with CHD who have not achieved viral suppression with bulevirtide therapy. ECLIPSE 3 is a Phase 2b head-to-head trial to evaluate tobevibart and elebsiran compared with bulevirtide in bulevirtide-naïve patients.
공시 • Nov 15Vir Biotechnology, Inc. Announces Positive End-Of-T Treatment Results for Tobevibart and Elebsiran Combinations in Chronic Hepatitis B from the March Study at AASLD The Liver MeetingVir Biotechnology, Inc. announced end-of-treatment data from Part B of the MARCH Phase 2 clinical study evaluating combinations of tobevibart and elebsiran, with or without pegylated interferon alfa (PEG-IFNa), in participants with chronic hepatitis B. The study demonstrated promising rates of hepatitis B surface antigen (HBsAg) loss (seroclearance) in participants with low baseline HBsAg (<1000 IU/mL) in both combination regimens. The efficacy and safety profile support continued development to evaluate the potential to achieve a functional cure. Chronic hepatitis B (CHB) is a long-lasting, inflammatory liver disease caused by the hepatitis B virus (HBV). The World Health Organization estimates that 254 million people live with CHB, and an estimated 1.1 million yearly deaths are associated with the disease. Complications from CHB may include liver cirrhosis, liver failure and liver cancer. Although CHB can be treated, there is no cure. Participants in the trial received tobevibart and elebsiran alone (doublet regimen) or in combination with PEG-IFNa (triplet regimen). This analysis includes data from 51 participants in the doublet regimen arm and 27 participants in the triplet regimen arm at the end of treatment. Tobevibart was administered at 300 mg every 4 weeks; elebsiran, at 200 mg every 4 weeks; and PEG-IFNa at 180 µg weekly. Study primary endpoints include HBsAg seroclearance (defined as HBsAg below the lower limit of quantification) and treatment-emergent adverse events (TEAEs) at end of treatment. Secondary endpoints include anti-HBs seroconversion (defined as development of anti-HBs=10 mIU/mL) at end of treatment. The doublet and triplet regimens resulted in HBsAg loss at the end of treatment in 39% (7/18) and 46% (5/11) of participants with baseline HBsAg<1,000 IU/mL, respectively. The proportion of participants with varying baseline HBsAg levels who achieved HBsAg loss at end of treatment was 16% (8/51) for the doublet and 22% (6/27) for the triplet regimen. The doublet regimen resulted in 50% (4/8) of participants who had achieved HBsAg loss also achieving anti-HBs seroconversion. All participants with HBsAg loss at the end of treatment who received the triplet regimen achieved anti-HBs seroconversion (100%, 6/6). Participants with HBsAg seroclearance at end of treatment who meet eligibility criteria will discontinue treatment. Functional cure assessment will occur 24 weeks after treatment discontinuation. The safety and tolerability profile of tobevibart and elebsiran was consistent with prior studies, with no new safety concerns identified. TEAEs were generally mild or moderate.
Major Estimate Revision • Nov 11Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$71.5m to US$68.7m. Losses expected to increase from US$3.27 per share to US$3.87. Biotechs industry in the US expected to see average net income decline 15% next year. Consensus price target of US$29.88 unchanged from last update. Share price rose 5.2% to US$9.86 over the past week.
New Risk • Nov 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$499m net loss in 3 years). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
Seeking Alpha • Nov 05Vir Biotechnology's Refocused Pipeline: Hepatitis And Oncology Could Still Pay OffSummary VIR's HDV and HBV treatments remain Vir's primary value drivers, with upcoming catalysts in Q4 2024 and 2025. However, VIR also pivoted to oncology, discontinuing vaccines and viral immunotherapy, and partnered with Sanofi to leverage its PRO-XTEN platform for T-cell engagers. The strategic shift includes a 25% workforce reduction, saving $50 million annually by 2025, and focuses on advancing hepatitis delta and B treatments. I believe its valuation remains attractive, with $909 million in liquidity and no financial debt, despite a high cash burn rate that suggests a potential dilution by 2026 or 2027. Still, I reiterate a "Buy" rating for VIR due to its promising HDV and HBV programs, cost-saving measures, and substantial cash for maneuvering as needed. Read the full article on Seeking Alpha
Price Target Changed • Nov 04Price target decreased by 41% to US$18.43Down from US$31.25, the current price target is an average from 7 analysts. New target price is 97% above last closing price of US$9.37. Stock is up 8.6% over the past year. The company is forecast to post a net loss per share of US$3.86 next year compared to a net loss per share of US$4.59 last year.
분석 기사 • Nov 04Earnings Update: Vir Biotechnology, Inc. (NASDAQ:VIR) Just Reported And Analysts Are Trimming Their ForecastsIt's shaping up to be a tough period for Vir Biotechnology, Inc. ( NASDAQ:VIR ), which a week ago released some...
New Risk • Nov 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$588m net loss in 3 years).
Price Target Changed • Nov 01Price target increased by 8.2% to US$33.29Up from US$30.75, the current price target is an average from 7 analysts. New target price is 259% above last closing price of US$9.26. Stock is up 5.7% over the past year. The company is forecast to post a net loss per share of US$3.84 next year compared to a net loss per share of US$4.59 last year.
Reported Earnings • Nov 01Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: US$1.56 loss per share (further deteriorated from US$1.22 loss in 3Q 2023). Revenue: US$2.38m (down 9.8% from 3Q 2023). Net loss: US$213.7m (loss widened 31% from 3Q 2023). Revenue missed analyst estimates by 57%. Earnings per share (EPS) also missed analyst estimates by 63%. Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.
공시 • Oct 18Vir Biotechnology, Inc. to Report Q3, 2024 Results on Oct 31, 2024Vir Biotechnology, Inc. announced that they will report Q3, 2024 results on Oct 31, 2024
공시 • Sep 10+ 1 more updateVir Biotechnology, Inc. Announces Executive AppointmentsVir Biotechnology, Inc. announced that Jason O’Byrne, MBA, has been appointed as Executive Vice President and Chief Financial Officer and “principal financial officer” of the Company, effective as of October 2, 2024 (the “Effective Date”). Mr. O’Byrne, 56, has served as Chief Financial Officer of Caribou Biosciences, Inc. since February 2021. Prior to joining Caribou, Mr. O’Byrne was Senior Vice President of Finance at Audentes Therapeutics, Inc. (“Audentes”), from April 2020 to February 2021. From April 2019 to April 2020, Mr. O’Byrne served as Vice President of Finance at Audentes. Before joining Audentes, he spent 13 years with Genentech, Inc., a member of the Roche Group, from February 2005 to December 2018, holding finance leadership and executive positions across the research, development, manufacturing, business development, and commercial functions. Earlier in his career, Mr. O’Byrne served as Regional Controller with General Chemical Corporation, from September 2002 to January 2005, and as an engineer with General Motors, from September 1999 to September 2001. He received a B.A.Sc. in Mechanical Engineering from the University of British Columbia and an MBA from New York University’s Stern School of Business. Additionally, on September 6, 2024, the Board of Directors of the Company appointed Brent Sabatini, CPA, MBA, Senior Vice President, Chief Accounting Officer of the Company, as “principal accounting officer” of the Company, effective as of October 1, 2024. Mr. Sabatini, 50, has served as the Senior Vice President, Chief Accounting Officer of the Company since February 2023. Previously, from March 2021 to February 2023, he was at Capsida Biotherapeutics, Inc., most recently as Head of Finance. Prior to that, Mr. Sabatini was at Amgen Inc. from April 2004 to March 2021 where he progressed through various positions of increasing responsibility, including leadership roles in Accounting, Tax and Financial Planning and Analysis. Mr. Sabatini is a Certified Public Accountant and received a B.S. in Accountancy from California State University, Northridge and an MBA from the University of Michigan’s Stephen M. Ross School of Business. There are no arrangements or understandings between Mr. Sabatini and any other persons pursuant to which he was selected as the Company’s principal accounting officer. There are no family relationships between Mr. Sabatini and any director or executive officer of the Company. Mr. Sabatini has no direct or indirect interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K . Mr. Sabatini will not receive any adjustment to his compensation or any additional compensation in connection with performing the function of principal accounting officer of the Company.
분석 기사 • Sep 08Is Vir Biotechnology (NASDAQ:VIR) In A Good Position To Deliver On Growth Plans?There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Major Estimate Revision • Aug 08Consensus revenue estimates decrease by 18%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$80.5m to US$65.7m. EPS estimate increased from -US$3.56 to -US$3.29 per share. Biotechs industry in the US expected to see average net income decline 9.1% next year. Consensus price target broadly unchanged at US$31.25. Share price fell 18% to US$8.31 over the past week.
분석 기사 • Aug 03Analysts Are Updating Their Vir Biotechnology, Inc. (NASDAQ:VIR) Estimates After Its Second-Quarter ResultsIt's shaping up to be a tough period for Vir Biotechnology, Inc. ( NASDAQ:VIR ), which a week ago released some...
Reported Earnings • Aug 02Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: US$1.02 loss per share (improved from US$1.45 loss in 2Q 2023). Revenue: US$3.08m (down 19% from 2Q 2023). Net loss: US$138.4m (loss narrowed 29% from 2Q 2023). Revenue missed analyst estimates by 59%. Earnings per share (EPS) also missed analyst estimates by 5.8%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance.
공시 • Jul 19Vir Biotechnology, Inc. to Report Q2, 2024 Results on Aug 01, 2024Vir Biotechnology, Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024
Seeking Alpha • Jul 17Bullish On Vir Biotechnology's Innovative Pipeline That Targets HIV And HepatitisSummary VIR develops medicines for infectious and viral diseases using proprietary platforms for monoclonal antibodies and T cell-based Viral Vectors. Positive Phase 2 trial results for chronic hepatitis delta highlight the company's potential to address unmet medical needs. Strategic collaborations include the Bill & Melinda Gates Foundation, Alnylam Pharmaceuticals, and Gilead Sciences. The company has substantial liquid resources and no financial debt, supporting a compelling valuation. I believe VIR is undervalued tapping into significant TAMs, making it a "strong buy." Read the full article on Seeking Alpha
공시 • Jul 03+ 1 more updateVir Biotechnology, Inc.(NasdaqGS:VIR) dropped from Russell 2000 Value-Defensive IndexVir Biotechnology, Inc.(NasdaqGS:VIR) dropped from Russell 2000 Value-Defensive Index
공시 • Jun 27Vir Biotechnology, Inc. Receives FDA IND Clearance and Fast Track Designation for Tobevibart and Elebsiran for the Treatment of Chronic Hepatitis Delta InfectionVir Biotechnology, Inc. announced that the U.S. Food and Drug Administration (FDA) has cleared its investigational new drug (IND) application and granted Fast Track designation for the combination of tobevibart and elebsiran for the treatment of chronic hepatitis delta infection. Tobevibart, an investigational monoclonal antibody, and elebsiran, an investigational small interfering ribonucleic acid, are currently being evaluated in the Company’s Phase 2 SOLSTICE hepatitis delta clinical trial, with complete 24-week treatment data on track to be reported in the fourth quarter. The FDA’s Fast Track designation is intended to facilitate the development and expedite the review of drugs to treat serious conditions and fill an unmet medical need. The World Health Organization considers hepatitis delta to be the most severe form of chronic viral hepatitis due to more rapid progression towards liver cancer and liver-related death. It is estimated that at least 12 million people are living with chronic hepatitis delta globally. In June, the Company announced preliminary Phase 2 SOLSTICE trial data which suggests treatment with tobevibart alone or in combination with elebsiran was generally well tolerated and participants achieved high rates of virologic response at weeks 12 and 24, durable virologic response through 48 weeks, and high rates of ALT normalization. The complete 24-week treatment data is expected in the fourth quarter. The Company is working to expedite the initiation of its next study, the ECLIPSE trial. The open-label, randomized, controlled ECLIPSE trial is designed to support potential registration and will evaluate the safety and efficacy of a monthly-administered subcutaneous injection of tobevibart and elebsiran using the current standard of care therapy as a comparator. About the Phase 2 SOLSTICE Trial: The SOLSTICE trial (NCT05461170) is evaluating the safety, tolerability and efficacy of tobevibart and elebsiran for the treatment of people living with chronic hepatitis delta. One cohort is evaluating the combination of tobevibart and elebsiran dosed every 4 weeks with a second cohort evaluating tobevibart monotherapy every 2 weeks. Approximately 50% of participants have compensated cirrhosis. Tobevibart is an investigational subcutaneously administered antibody designed to inhibit entry of hepatitis B and hepatitis delta viruses into hepatocytes, neutralize both hepatitis B virus and hepatitis delta virus virions, and to reduce the level of virions and subviral particles in the blood. Tobevibart, which incorporates Xencor’s Xtend and other Fc technologies, has been engineered to have an extended half-life and was identified using Vir’s proprietary monoclonal antibody discovery platform. Elebsiran is an investigational subcutaneously administered hepatitis B virus-targeting small interfering ribonucleic acid (siRNA) designed to degrade hepatitis B virus RNA transcripts and limit the production of hepatitis B surface antigen. Vir believes it has the potential to have direct antiviral activity against hepatitis B virus and hepatitis delta virus. It is the first siRNA in the clinic to include Enhanced Stabilization Chemistry Plus (ESC+) technology to enhance stability and minimize off-target activity, which potentially could result in an increased therapeutic index. Elebsiran is the first asset in the Company’s collaboration with Alnylam Pharmaceuticals, Inc. to enter clinical trials.
New Risk • Jun 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$587m net loss in 3 years). Share price has been volatile over the past 3 months (10% average weekly change). Significant insider selling over the past 3 months (US$777k sold).
공시 • Jun 06Vir Biotechnology, Inc. Announces New Preliminary Data from its Phase 2 SOLSTICE Hepatitis Delta Clinical Trial Evaluating tobevibart, an Investigational Monoclonalantibody, and ElebsiranVir Biotechnology, Inc. announced new preliminary data from its Phase 2 SOLSTICE hepatitis delta clinical trial evaluating tobevibart, an investigational monoclonal antibody, and elebsiran, an investigational small interfering ribonucleic acid, for the treatment of people living with chronic hepatitis delta. Preliminary data from the Phase 2 trial show treatment with tobevibart alone or in combination with elebsiran was generally well tolerated and participants achieved high rates of virologic response at weeks 12 and 24, durable virologic response through 48 weeks, and high rates of ALT normalization. Preliminary data from the six participants reported on at the 2023 American Association for the Study of Liver Diseases (AASLD) The Liver Meeting® demonstrated sustained virologic response: These participants received 12 weeks of either tobevibart or elebsiran monotherapy and then rolled over into combination therapy. All 6 participants remain on treatment. At the time of the analysis, 5 out of the 6 participants had reached 48 weeks of combination therapy and 1 had reached 40 weeks of combination therapy. All 6 participants showed sustained virologic response at time of last visit 100% (6 of 6) achieved HDV RNA < limit of detection (LOD) or = 2 log10 IU/mL decrease from baseline 50% (3 of 6) achieved ALT normalization 50% (3 of 6) achieved the combined endpoint Furthermore, 100% (6 of 6) achieved HDV RNA < the lower limit of quantification (LLOQ), 100% (6 of 6) achieved HDV RNA < LOD, and 83% (5 of 6) achieved HDV RNA target not detected (TND) The majority of adverse events were Grade 1-2 and transient in nature with no reported serious adverse events, no ALT flares and no Grade 2 or higher elevations in liver function tests (LFTs) were observed. Preliminary de novo combination of tobevibart + elebsiran (monthly dosing) data demonstrated rapid and high rates of virologic suppression and ALT normalization: Week 12: Among 27 participants 100% (27 of 27) achieved HDV RNA < LOD or = 2 log10 IU/mL decrease from baseline 44% (12 of 27) achieved ALT normalization 44% (12 of 27) achieved the combined endpoint Furthermore, 52% (14 of 27) achieved HDV RNA < LLOQ, 37% (10 of 27) achieved HDV RNA < LOD, and 15% (4 of 27) achieved HDV RNA TND Week 24: Among 11 participants 100% (11 of 11) achieved HDV RNA < LOD or = 2 log10 IU/mL decrease from baseline 64% (7 of 11) achieved ALT normalization 64% (7 of 11) achieved the combined endpoint Furthermore, 100% (11/11) achieved HDV RNA < LLOQ, 91% (10 of 11) achieved HDV RNA < LOD, and 55% (6 of 11) achieved HDV RNA TND Similar rates of virologic suppression and ALT normalization were observed in participants who are non-cirrhotic (n=6) and those with compensated cirrhosis (CPT-A, n=5). The majority of adverse events were Grade 1-2 and transient in nature with no treatment-related serious adverse events, no ALT flares and no Grade 2 or higher elevations in LFTs were observed. Preliminary tobevibart monotherapy (twice monthly dosing) data demonstrated high rates of virologic suppression and ALT normalization: Week 12: Among 26 participants 73% (19 of 26) achieved HDV RNA < LOD or = 2 log10 IU/mL decrease from baseline 54% (14 of 26) achieved ALT normalization 38% (10 of 26) achieved the combined endpoint Furthermore, 27% (7 of 26) achieved HDV RNA < LLOQ, 19% (5 of 26) achieved HDV RNA < LOD, and 8% (2 of 26) achieved HDV RNA TND Week 24: Among11 participants 55% (6 of 11) achieved HDV RNA < LOD or = 2 log10 IU/mL decrease from baseline 64% (7 of 11) achieved ALT normalization 55% (6 of 11) achieved the combined endpoint* Furthermore, 55% (6 of 11) achieved HDV RNA < LLOQ, 46% (5 of 11) achieved HDV RNA The majority of adverse events were Grade 1-2 and transient in nature with no serious adverse events, no ALT flares and no Grade 2 or higher elevations in LFTs were observed.
공시 • May 30Vir Biotechnology, Inc. Appoints Mark D. Eisner as Executive Vice President and Chief Medical Officer, Effective June 3, 2024Vir Biotechnology, Inc. announced that Mark D. Eisner, M.D., M.P.H. will join the company as Executive Vice President and Chief Medical Officer (CMO), effective June 03, 2024. Dr. Eisner will be a part of the company’s Executive Management Team and will report directly to Marianne De Backer, M.Sc., Ph.D., MBA, Vir’s Chief Executive Officer. Dr. Eisner comes from Sonoma Biotherapeutics, Inc., where he most recently held the position of CMO. In this role, he led all development functions which included biometrics, regulatory, clinical science, clinical operations, drug safety, and pharmacology. Prior to his most recent tenure with Sonoma Biotherapeutics, Dr. Eisner served as CMO at FibroGen where he led all development functions, which included being the Head of China clinical development and clinical operations. Dr. Eisner has also been with Genentech nearly 11 years and served as their Senior Vice President of Global Head of Product Development Immunology, Infectious Disease and Ophthalmology and was accountable for late-stage clinical development of many products including strategy, clinical trials and budget. He brings to Vir deep immunology and infectious disease expertise with clinical development experience. Dr. Eisner has an impressive track record of leading teams during times of strategically evolving portfolios. Dr. Eisner completed his A.B. degree in human biology at Stanford University and his M.D. degree at the University of Pennsylvania School of Medicine. He also has an M.P.H. focusing on epidemiology from the University of California Berkeley, School of Public Health. He has an impressive list of publications and patents, honors and awards, and services for professional organizations.
Major Estimate Revision • May 10Consensus revenue estimates increase by 78%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from US$40.6m to US$72.1m. Forecast losses expected to reduce from -US$4.20 to -US$3.56 per share. Biotechs industry in the US expected to see average net income decline 11% next year. Consensus price target of US$29.75 unchanged from last update. Share price fell 9.1% to US$9.44 over the past week.
분석 기사 • May 05Earnings Update: Vir Biotechnology, Inc. (NASDAQ:VIR) Just Reported And Analysts Are Boosting Their EstimatesVir Biotechnology, Inc. ( NASDAQ:VIR ) just released its quarterly report and things are looking bullish. The results...
Reported Earnings • May 03First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: US$0.48 loss per share (improved from US$1.06 loss in 1Q 2023). Revenue: US$56.4m (down 11% from 1Q 2023). Net loss: US$65.3m (loss narrowed 54% from 1Q 2023). Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates by 55%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 38% per year and the company’s share price has also fallen by 38% per year.
Seeking Alpha • May 03Vir Biotechnology Provides Some Hope For Its Beleaguered ShareholdersSummary Vir Biotechnology, Inc. reported its first-quarter earnings after the bell on Thursday, giving its shareholders some positive tidbits. The company continues to have a cash balance higher than the stock's market capitalization and has some potential upcoming trial milestones. An updated analysis around Vir Biotechnology follows in the paragraphs below. Read the full article on Seeking Alpha
