Theriva Biologics

Theriva Biologics

TOVX
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TOVX · Stock Price

USD 0.36+0.17 (+89.47%)
Market Cap: $15.9M

Historical price data

Market Cap: $15.9MFounded: 2019Employees: 11-50HQ: Rockville, United States

Overview

Theriva Biologics is advancing a differentiated oncolytic virus platform engineered for systemic intravenous delivery, a key limitation of earlier therapies. Its lead candidate, VCN-01, has demonstrated promising clinical activity in metastatic pancreatic ductal adenocarcinoma (PDAC) and is positioned for a pivotal Phase 3 trial following a positive End-of-Phase 2 FDA meeting. The company's strategy focuses on leveraging its stroma-degrading and Albumin Shield™ technologies to treat difficult-to-treat solid tumors, both as monotherapy and in combination with chemotherapy and immunotherapy.

OncologyImmuno-oncology

Technology Platform

Engineered oncolytic adenovirus platform designed for systemic intravenous delivery, featuring tumor-selective replication, localized expression of hyaluronidase (PH20) to degrade the tumor stroma, and Albumin Shield™ technology to evade neutralizing antibodies.

Funding History

2
Total raised:$25M
Series B$15M
Series A$10M

Opportunities

A successful Phase 3 trial in metastatic pancreatic cancer could address a multi-billion dollar market with high unmet need, validating the platform for expansion into other stroma-rich tumors like ovarian cancer.
The Albumin Shield™ technology offers a potential best-in-class solution for repeat systemic dosing, a key competitive advantage.

Risk Factors

The company faces binary clinical risk in its upcoming pivotal Phase 3 trial and significant financial risk, requiring substantial dilutive capital raises to fund it.
As a micro-cap stock, it is highly volatile and susceptible to liquidity challenges.

Competitive Landscape

Theriva's primary differentiator is systemic IV delivery, setting it apart from approved intratumoral viruses like Amgen's Imlygic. It competes in the next-generation oncolytic virus segment with companies like Replimune, but its specific focus on enzymatic stroma degradation and antibody evasion provides a unique technological niche.

Company Timeline

2019Founded

Founded in Rockville, United States

2019Series A

Series A: $10.0M

2021Series B

Series B: $15.0M