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Provention Bio, Inc. Stock Price

NasdaqGS:PRVB Community·US$2.4b Market Cap
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Snowflake Analysis

Excellent balance sheet with high growth potential.

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Provention Bio, Inc. Key Details

US$12.9m

Revenue

US$76.3m

Cost of Revenue

-US$63.4m

Gross Profit

US$50.1m

Other Expenses

-US$113.6m

Earnings

Last Reported Earnings
Dec 31, 2022
Next Reporting Earnings
n/a
-1.20
-491.83%
-880.69%
19.3%
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About PRVB

Founded
2016
Employees
174
CEO
Ashleigh Palmer
WebsiteView website
www.proventionbio.com

Provention Bio, Inc., a clinical stage biopharmaceutical company, focuses on the development and commercialization of therapeutics and solutions to intercept and prevent immune-mediated diseases. Its products candidates include PRV-031 teplizumab and monoclonal antibodies (mAb) that is in Phase III clinical trial for the interception of type one diabetes (T1D); PRV-3279, which has completed Phase Ib clinical trial for the treatment of lupus; PRV-101, a coxsackie virus B (CVB) vaccine for the prevention of acute CVB infections and onset of T1D; and PRV-015, which is in phase IIb clinical trial for the treatment of gluten-free diet non-responding celiac disease. The company has a license and collaboration agreement with Amgen Inc. for PRV-015, a novel anti-IL-15 monoclonal antibody being developed for the treatment of gluten-free diet non-responsive celiac disease; and a strategic collaboration with Hangzhou Zhongmei Huadong Pharmaceutical Co., Ltd. to develop and commercialize PRV-3279, a bispecific antibody-based molecule targeting the B cell surface proteins CD32B and CD79B in Greater China. Provention Bio, Inc. was incorporated in 2016 and is headquartered in Red Bank, New Jersey.

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