sur NanoViricides, Inc. (NASDAQ:NNVC)
NanoViricides' NV-387 Advances in Clinical Trials
NanoViricides, Inc. has filed its Annual Report with the SEC, highlighting significant progress in 2025. The company focuses on its broad-spectrum antiviral, NV-387, now at the Phase II clinical trial stage. NV-387's unique approach could revolutionize treatment for respiratory viral infections without pre-testing for specific viruses, akin to broad-spectrum antibiotics.
The company is distinguishing itself in a market exceeding $20 billion if NV-387 gains approval for empirical therapy of viral ARI/SARI. Further trials are underway for MPox disease in Africa, where the virus remains endemic. NanoViricides received preliminary approval for its clinical trial in the Democratic Republic of Congo.
Financially, as of June 30, 2025, the company held $1.67 million in cash and equivalents, with net property and equipment assets at $6.83 million. However, funding challenges threaten operations beyond September 2026, prompting active exploration of additional funding options.
R. H.
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