- Reviva posted a full-year net loss of $19.9 million, narrowing from $29.9 million.
- Operating loss tightened to $20.2 million as research and development expense fell to $11.7 million.
- Cash and cash equivalents ended the year at $14.4 million.
- FDA written feedback from a pre-NDA meeting recommended a second Phase 3 trial for brilaroxazine in schizophrenia to generate additional efficacy data and expand the safety dataset.
- Reviva plans to initiate the RECOVER-2 registrational Phase 3 trial in mid-2026, with cash of about $23 million after the March 2026 offering expected to fund operations into Q1 2027.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reviva Pharmaceuticals Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603300605PRIMZONEFULLFEED9680261) on March 30, 2026, and is solely responsible for the information contained therein.
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