BioVie (BIVI)


Market Price (11/8/2026): $1.31 | Market Cap: $12.6 MilSector: Health Care | Industry: Biotechnology

BioVie (BIVI)


Market Price (11/8/2026): $1.31
Market Cap: $12.6 Mil
Sector: Health Care
Industry: Biotechnology

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -68%

Megatrend and thematic drivers
Megatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Targeted Therapies, Biopharmaceutical R&D, Show more.

Weak multi-year price returns
2Y Excs Rtn is -124%, 3Y Excs Rtn is -174%

Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -23 Mil

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -211%

High stock price volatility
Vol 12M is 124%

Key risks
BIVI key risks include [1] a history of significant protocol and Good Clinical Practice (GCP) violations that have disrupted its clinical trials and [2] a formally disclosed "substantial doubt" about its ability to continue operations without securing additional financing.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -68%
1 Megatrend and thematic drivers
Megatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Targeted Therapies, Biopharmaceutical R&D, Show more.
2 Weak multi-year price returns
2Y Excs Rtn is -124%, 3Y Excs Rtn is -174%
3 Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -23 Mil
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -211%
6 High stock price volatility
Vol 12M is 124%
7 Key risks
BIVI key risks include [1] a history of significant protocol and Good Clinical Practice (GCP) violations that have disrupted its clinical trials and [2] a formally disclosed "substantial doubt" about its ability to continue operations without securing additional financing.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 11/7/2026

BioVie (BIVI) stock has lost about 15% since 7/31/2026 because of the following key factors:

1. Dilutive Capital Raise Through a Registered Direct Offering. BioVie completed a registered direct offering and concurrent private placement on November 5, 2026, raising approximately $4.74 million in gross proceeds by issuing 2,962,500 shares of common stock at a price of $1.60 per share. This capital raise was primarily for working capital and general corporate purposes. The announcement of this offering on November 4, 2026, reportedly led to a 26% decline in share price, indicating significant dilution and negative market reaction to the new issuance of shares.

2. Persistent Cash Burn and Recurrent Funding Needs. As a clinical-stage biopharmaceutical company, BioVie incurs substantial research and development expenses to advance its drug candidates. This leads to an ongoing need for external funding, creating a persistent cash burn. The company reported earnings per share of -$0.68 for fiscal Q1 2027, which ended on November 6, 2026. The consistent demand for capital was further evidenced by the filing of multiple registration statements in August 2026, preceding the November offering. This pattern of financing through equity offerings can create investor uncertainty regarding future dilution, contributing to downward pressure on the stock.

Show more
Updated on 11/7/2026

BioVie (BIVI) stock has lost about 15% since 7/31/2026 because of the following key factors:

1. Dilutive Capital Raise Through a Registered Direct Offering. BioVie completed a registered direct offering and concurrent private placement on November 5, 2026, raising approximately $4.74 million in gross proceeds by issuing 2,962,500 shares of common stock at a price of $1.60 per share. This capital raise was primarily for working capital and general corporate purposes. The announcement of this offering on November 4, 2026, reportedly led to a 26% decline in share price, indicating significant dilution and negative market reaction to the new issuance of shares.

2. Persistent Cash Burn and Recurrent Funding Needs. As a clinical-stage biopharmaceutical company, BioVie incurs substantial research and development expenses to advance its drug candidates. This leads to an ongoing need for external funding, creating a persistent cash burn. The company reported earnings per share of -$0.68 for fiscal Q1 2027, which ended on November 6, 2026. The consistent demand for capital was further evidenced by the filing of multiple registration statements in August 2026, preceding the November offering. This pattern of financing through equity offerings can create investor uncertainty regarding future dilution, contributing to downward pressure on the stock.

3. Clinical Trial Progress Not Sufficient to Offset Dilution and Financial Concerns. During the period, BioVie announced positive Phase 2 results for its lead drug candidate, bezisterim, in both Parkinson's disease (SUNRISE-PD trial) and Long COVID (ADDRESS-LC trial). The SUNRISE-PD trial data, presented in October 2026, showed statistically significant improvements in motor and non-motor symptoms in Parkinson's patients with elevated baseline inflammation. Similarly, topline results from the ADDRESS-LC trial in September 2026 indicated statistically significant benefits in pre-specified subgroups of Long COVID patients experiencing high baseline fatigue, cognitive impairment, or post-exertional malaise. While these are positive developments for the pipeline, they represent Phase 2 findings and FDA engagement for Phase 3 trial designs, rather than definitive regulatory approvals or late-stage breakthroughs. The market reaction suggests these clinical advancements were not impactful enough to counteract the negative sentiment from the dilutive financing activities and the inherent risks associated with a pre-revenue biotechnology company.

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Stock Movement Drivers

Fundamental Drivers

The -12.5% change in BIVI stock from 7/31/2026 to 11/7/2026 was primarily driven by a -8.8% change in the company's Shares Outstanding (Mil).
(LTM values as of)731202611072026Change
Stock Price ($)1.521.33-12.5%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple∞∞0.0%
Shares Outstanding (Mil)88-8.8%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2026 to 11/7/2026
ReturnCorrelation
BIVI-12.5% 
Market (SPY)-1.6%9.3%
Sector (XLV)13.7%-3.8%

Fundamental Drivers

The -19.4% change in BIVI stock from 4/30/2026 to 11/7/2026 was primarily driven by a -4.2% change in the company's Shares Outstanding (Mil).
(LTM values as of)430202611072026Change
Stock Price ($)1.651.33-19.4%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple∞∞0.0%
Shares Outstanding (Mil)88-4.2%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 11/7/2026
ReturnCorrelation
BIVI-19.4% 
Market (SPY)2.6%12.5%
Sector (XLV)27.1%-3.0%

Fundamental Drivers

The -24.0% change in BIVI stock from 10/31/2025 to 11/7/2026 was primarily driven by a -77.5% change in the company's Shares Outstanding (Mil).
(LTM values as of)1031202511072026Change
Stock Price ($)1.751.33-24.0%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple∞∞0.0%
Shares Outstanding (Mil)28-77.5%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 11/7/2026
ReturnCorrelation
BIVI-24.0% 
Market (SPY)8.7%19.2%
Sector (XLV)29.8%4.4%

Fundamental Drivers

The -99.7% change in BIVI stock from 10/31/2023 to 11/7/2026 was primarily driven by a -95.6% change in the company's Shares Outstanding (Mil).
(LTM values as of)1031202311072026Change
Stock Price ($)436.001.33-99.7%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple∞∞0.0%
Shares Outstanding (Mil)08-95.6%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2023 to 11/7/2026
ReturnCorrelation
BIVI-99.7% 
Market (SPY)81.9%20.9%
Sector (XLV)55.4%14.1%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
BIVI Return-74%73%-84%-84%-94%15%-100%
Peers Return-7%32%41%-1%13%4%99%
S&P 500 Return27%-19%24%23%16%12%105%

Monthly Win Rates [3]
BIVI Win Rate25%50%42%25%17%45% 
Peers Win Rate42%67%58%50%83%31% 
S&P 500 Win Rate75%42%67%75%67%45% 

Max Drawdowns [4]
BIVI Max Drawdown-90%-76%-88%-94%-95%-58% 
Peers Max Drawdown-27%-19%-12%-23%-29%-15% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: VRTX, ASPE, ATYR, BBTX, CTY.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/6/2026 (YTD)

How Low Can It Go

EventBIVIS&P 500
2023 SVB Regional Banking Crisis
  % Loss-19.1%-6.7%
  % Gain to Breakeven23.6%7.1%
  Time to Breakeven12 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-72.6%-24.5%
  % Gain to Breakeven265.2%32.4%
  Time to Breakeven133 days427 days
2020 COVID-19 Crash
  % Loss-32.3%-33.7%
  % Gain to Breakeven47.7%50.9%
  Time to Breakeven9 days140 days

Compare to VRTX, ASPE, ATYR, BBTX, CTY

In The Past

BioVie's stock fell -19.1% during the 2023 SVB Regional Banking Crisis. Such a loss loss requires a 23.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventBIVIS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-72.6%-24.5%
  % Gain to Breakeven265.2%32.4%
  Time to Breakeven133 days427 days
2020 COVID-19 Crash
  % Loss-32.3%-33.7%
  % Gain to Breakeven47.7%50.9%
  Time to Breakeven9 days140 days

Compare to VRTX, ASPE, ATYR, BBTX, CTY

In The Past

BioVie's stock fell -19.1% during the 2023 SVB Regional Banking Crisis. Such a loss loss requires a 23.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About BioVie (BIVI)

BioVie Inc. (BIVI) is a clinical-stage biotechnology company dedicated to the discovery, development, and commercialization of new drug therapies. Based in Santa Monica, California, the company focuses on addressing significant unmet medical needs through its pipeline of innovative drug candidates.

The company's main efforts revolve around two drug candidates: BIV201 and NE3107. BIV201 has completed Phase IIa clinical trials for the treatment of ascites, a condition linked to chronic liver cirrhosis, serving patients with severe liver disease. NE3107 is BioVie's lead product, currently in Phase III clinical trials for mild to moderate Alzheimer's disease and Phase I for Parkinson's disease, aiming to serve large patient populations affected by neurodegenerative disorders. Furthermore, NE3107 is also being explored in pre-clinical stages for potential applications in treating multiple myeloma and prostate cancer, indicating a broader future market in oncology.

AI Analysis | Feedback

Analogy 1: A clinical-stage biotech, similar to an early Biogen or Eli Lilly, primarily developing experimental drugs for neurological diseases like Alzheimer's.

Analogy 2: Think of it as a drug R&D company aiming for breakthrough treatments for severe conditions such as Alzheimer's and liver disease, much like a startup Regeneron or Vertex.

AI Analysis | Feedback

  • BIV201: A drug therapy in clinical trials for the treatment of ascites due to chronic liver cirrhosis.
  • NE3107: A drug therapy in various stages of development for Alzheimer's disease, Parkinson's disease, multiple myeloma, and prostate cancer.

AI Analysis | Feedback

BioVie Inc. (BIVI) is a clinical-stage biotechnology company focused on the discovery and development of drug therapies. As per the provided description, its products (BIV201 and NE3107) are currently in various phases of clinical trials (Phase I, Phase IIa, Phase III) or pre-clinical stages. This means the company's drug therapies are not yet commercialized or available for sale to the public or to other companies.

Therefore, BioVie Inc. does not currently have major customers, nor does it sell primarily to other companies or directly to individuals in the traditional sense of a commercialized entity. Its primary activities are research and development and advancing its drug candidates through clinical trials towards regulatory approval.

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Cuong Do, President & Chief Executive Officer

Mr. Do currently serves as the President and CEO of BioVie Inc.. Prior to his appointment with BioVie, he was the President of Samsung Global Strategy Group, where he helped set the strategic direction for Samsung Group's diverse business portfolio. He also served as the Chief Strategy Officer for Merck, a leading U.S. pharmaceuticals company. Mr. Do was a senior partner at McKinsey & Company for 17 years, contributing to the development of their healthcare, high tech, and corporate finance practices. He is an active entrepreneur who founded Callidus Biopharma, a biotech company acquired by Amicus Therapeutics in 2013, and also founded Lysodel Therapeutics and M6P Therapeutics.

Wendy Kim, Chief Financial Officer

Ms. Kim is the Chief Financial Officer of BioVie Inc.. She possesses over 25 years of experience in accounting and finance. As a CFO prior to BioVie, she managed corporate finance and operational groups, successfully completed 8 M&A transactions, secured bank financings, developed and implemented new business strategies, managed risk, and implemented new financial policies and procedures. She also spent 8 years as a public accountant in the SEC Department of BDO USA LLP.

Joseph M. Palumbo, Executive Vice President, Research & Development and Chief Medical Officer

Dr. Palumbo serves as the Executive Vice President, Research & Development and Chief Medical Officer at BioVie. His experience includes developing drugs for central nervous system (CNS) conditions at companies such as Johnson & Johnson and Mitsubishi.

Clarence N. Ahlem, Senior Vice President Operations

Mr. Ahlem is the Senior Vice President of Operations at BioVie.

David Morse, Chief Regulatory Officer and Senior Vice President

Dr. Morse holds the position of Chief Regulatory Officer and Senior Vice President at BioVie. He has over 35 years of experience in pharmaceutical development and Regulatory Affairs. Prior to BioVie, he served as Vice President of Global Regulatory Affairs and Vice President of Regulatory Strategy for several top-tier contract research organization (CRO) services industry corporations. His background also includes roles as an independent consultant, Associate Director at the U.S. Food and Drug Administration (FDA), and Laboratory Director in translational medicine research settings. Dr. Morse has a history of successful application strategy development for multinational submissions to various regulatory authorities, resulting in over a dozen successful regulatory authority filings and market application approvals.

AI Analysis | Feedback

BioVie Inc. (BIVI), a clinical-stage biotechnology company, faces several significant risks primarily stemming from the uncertain and complex nature of drug development.

  1. Clinical Trial Failure and Operational Misconduct: The most significant risk to BioVie's business is the potential for clinical trial failures or operational issues during trials, which can severely impact product development and investor confidence. This risk has recently materialized with the Phase III Alzheimer's disease trial for its lead candidate, NE3107, which failed to meet its co-primary endpoints. The company attributed this failure to "significant deviation from protocol and Good Clinical Practice violations" at 15 of its 39 trial sites, leading to the exclusion of a substantial portion of the patient data. This operational mismanagement during a critical late-stage trial directly led to a significant drop in BioVie's stock price.
  2. Financial Instability and Going Concern Uncertainty: As a clinical-stage company with no material commercial revenue, BioVie is subject to substantial financial risk. The company consistently reports net losses due to its significant research and development expenses. BioVie has explicitly disclosed "substantial doubt about its ability to continue as a going concern" without securing additional financing. This reliance on external funding, coupled with the capital-intensive nature of drug development and the recent Phase III trial setback, makes its financial position precarious.
  3. Regulatory Scrutiny and Litigation: Arising from the issues in the NE3107 Phase III trial, BioVie faces potential regulatory challenges and ongoing litigation. The company referred the problematic trial sites to the FDA's investigations unit, indicating potential regulatory scrutiny. Furthermore, BioVie is currently facing a securities fraud class action lawsuit. The lawsuit alleges that the company made misleading statements and failed to adequately disclose the risks of protocol deviations and oversight challenges during the Phase III trial, especially in the context of the COVID-19 pandemic. Such legal and regulatory pressures can incur significant costs and divert management's focus from core development activities.

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Addressable Markets for BioVie (BIVI) Products

BioVie Inc. (BIVI) is developing drug therapies for several significant medical conditions. The addressable markets for their main products are as follows:

  • BIV201 for ascites due to chronic liver cirrhosis: The U.S. commercial opportunity for refractory ascites is estimated at $1.6 billion annually, with a global peak annual sales potential also at $1.6 billion. More broadly, the total Ascites market size in the U.S. due to cirrhosis was estimated to be more than USD 800 million in 2023. The global ascites market is projected to grow from USD 3.9 billion in 2024 to USD 5.9 billion by 2030.
  • NE3107 for Alzheimer's disease: The U.S. market for Alzheimer's disease is estimated at $30 billion. Globally, the Alzheimer's disease market is expected to grow from $2.4 billion in 2023 to $17 billion by 2033 across eight major markets (China, France, Germany, Japan, Italy, Spain, the UK, and the US). Another estimate places the global Alzheimer's therapeutics market size at USD 6.49 billion in 2025, projected to reach approximately USD 33.62 billion by 2034.
  • NE3107 for Parkinson's disease: The U.S. market for Parkinson's disease, as an additional upside for NE3107, is estimated at $3 billion. The global Parkinson's disease treatment market size was estimated at USD 5.65 billion in 2024 and is expected to reach USD 7.58 billion by 2030. The Parkinson's Disease market size in the U.S. was approximately USD 1,883 million in 2023.
  • NE3107 for multiple myeloma: The global multiple myeloma market size is projected to grow from USD 27.75 billion in 2024 to approximately USD 49.89 billion by 2034. Another source estimates the global market size at USD 29.24 billion in 2025, growing to USD 49.79 billion by 2034.
  • NE3107 for prostate cancer: The global prostate cancer market size is projected to reach approximately USD 28.83 billion by 2035, with an estimated value of USD 12.88 billion in 2025. Another estimate indicates the global prostate cancer market is expected to reach a valuation of USD 30,287.8 million by 2033, from USD 13,717.2 million in 2024.

AI Analysis | Feedback

BioVie Inc. (NASDAQ: BIVI) is a clinical-stage biotechnology company with several drug candidates in development that are expected to drive future revenue growth over the next 2-3 years. The company's revenue generation is contingent upon successful clinical trial outcomes, regulatory approvals, and potential commercialization or strategic partnerships for its pipeline assets.

Here are the key expected drivers of future revenue growth:

  1. Commercialization of NE3107 for Parkinson's Disease: BioVie's bezisterim (NE3107) has emerged as a lead value driver, particularly in Parkinson's disease. The company expects topline data from its SUNRISE-PD study in April or May 2026, and mid-2026. Given its Fast Track designation, successful completion of clinical trials and subsequent regulatory approval could lead to significant revenue generation. BioVie's CEO estimates the Parkinson's market alone could represent an annual sales opportunity of $3-5 billion in the U.S.
  2. Potential Approval and Commercialization of NE3107 for Alzheimer's Disease: BioVie has completed a Phase 3 trial for NE3107 in mild to moderate Alzheimer's disease. While the initial primary efficacy endpoint was not met due to site exclusions, positive trends in per-protocol patients suggest biological activity, and the company may continue enrolling patients to achieve statistical significance for registration purposes. The Alzheimer's market is a substantial opportunity, with the CEO suggesting it could be a $30 billion indication for NE3107. Achieving regulatory approval would be a transformative revenue driver.
  3. Advancement and Commercialization of BIV201 for Ascites: BIV201, an Orphan Drug candidate for ascites due to chronic liver cirrhosis, has received FDA Fast Track designation and guidance for a Phase 3 clinical trial. This positions BIV201 as a potential first-in-class therapy for a condition with no currently approved treatments, which could secure 7 years of market exclusivity in the U.S. if approved.
  4. Potential Commercialization of NE3107 for Long COVID: BioVie is conducting a 200-patient trial for NE3107 in long COVID, supported by a $13 million non-dilutive grant, with topline data anticipated in mid-2026. The company projects that this indication could represent a $20-30 billion market opportunity.
  5. Strategic Partnerships: Analyst commentary indicates that BioVie's first meaningful revenue, projected to be around $12.81 million in 2025, is likely to come from partnerships or early NE3107 approvals. Collaborations with larger pharmaceutical companies for further development, manufacturing, or commercialization of its pipeline assets could provide upfront payments, milestone payments, and royalties, contributing to revenue growth.

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Share Repurchases

BioVie has not made significant share repurchases over the last 3-5 years, as indicated by a negative buyback yield, which suggests dilution rather than repurchases.

Share Issuance

  • In August 2025, BioVie completed a public offering, selling 5.62 million Units and 380,000 Pre-Funded Units, which generated approximately $10.4 million in net proceeds. Each Unit included one share of Class A Common Stock and one Warrant.
  • In October 2024, the company priced a registered direct offering of 2,667,000 shares of common stock at $2.25 per share, resulting in gross proceeds of $6,000,750. Unregistered warrants to purchase up to 2,667,000 shares were also issued in a concurrent private placement.
  • A one-for-ten (1:10) reverse stock split of the Company's Class A common stock became effective on July 7, 2025.

Inbound Investments

  • In April 2024, BioVie received a $13.1 million grant from the U.S. Department of Defense (DoD) to fund research for bezisterim in Long COVID.

Outbound Investments

  • In June 2021, BioVie acquired the biopharmaceutical assets of NeurMedix, Inc. The consideration for this acquisition included 8,361,308 newly issued BioVie shares and approximately $3.0 million in cash at closing.
  • An additional $7.3 million cash payment is contingent upon the pivotal Phase 3 clinical trial for NeurMedix's Alzheimer's drug candidate meeting its primary endpoint(s) and the successful raise of $50 million of new capital.

Capital Expenditures

Information regarding significant capital expenditures in terms of dollar value or primary focus for BioVie over the last 3-5 years is not readily available in the provided search results.

Peer Outperformance in Biotechnology

BIVI has trailed 90% of its 364 Biotechnology peers over 5Y. Biotechnology ranks 9th of 10 industries in Health Care by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Biotechnology constituents that BIVI has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
57%
of 452 industry peers · -10.1% return
3Y
5%
of 398 industry peers · -99.7% return
5Y
10%
of 364 industry peers · -99.8% return
No Biotechnology peer with a comparable growth profile has beaten BIVI by more than 20pp over 5Y.
Median price return by industry across the Health Care sector, ranked by 5Y. Biotechnology is BIVI's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Health Care Distributors 6 6.4%54.7%91.6% CAH 507% · MCK 390% · COR 176%
Health Care Services 20 32.4%24.2%7.1% HIMS 212% · RDNT 120% · DGX 100%
Managed Health Care 8 55.2%-1.0%-2.4% OSCR 80% · HQY 52% · ELV 8%
Health Care Facilities 26 16.4%19.8%-6.8% THC 276% · NHC 212% · EHC 179%
Health Care Equipment 50 4.0%12.4%-18.2% UFPT 361% · GKOS 294% · TMDX 180%
Pharmaceuticals 61 -8.8%11.8%-37.3% LQDA 975% · XERS 679% · KNSA 537%
Health Care Supplies 11 23.1%16.0%-41.2% LNTH 248% · HAE 61% · MMSI 26%
Life Sciences Tools & Services 108 -6.4%-14.3%-74.5% AXGN 264% · MEDP 189% · NTRA 168%
Biotechnology ← 365 -23.8%-33.1%-81.5% ELVN 1194% · TRVI 1125% · DNTH 995%
Health Care Technology 21 -21.7%-51.6%-82.9% VEEV -5% · DOCS -52%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

BIVIVRTXASPEATYRBBTXCTYMedian
NameBioVie Vertex P.Aspen Ne.aTyr Pha.Bambusa .City The. 
Mkt Price1.31547.0912.695.9015.5218.2114.11
Mkt Cap0.0138.7----69.3
Rev LTM012,952-0--0
Op Inc LTM-234,288--64---23
FCF LTM-193,202--55---19
FCF 3Y Avg-191,729--58---19
CFO LTM-193,695--55---19
CFO 3Y Avg-192,190--58---19

Growth & Margins

BIVIVRTXASPEATYRBBTXCTYMedian
NameBioVie Vertex P.Aspen Ne.aTyr Pha.Bambusa .City The. 
Rev Chg LTM-10.5%----10.5%
Rev Chg 3Y Avg-10.3%----10.3%
Rev Chg Q-11.8%----11.8%
QoQ Delta Rev Chg LTM-2.9%-0.0%--1.4%
Op Inc Chg LTM-19.7%4,760.7%-8.8%--8.8%
Op Inc Chg 3Y Avg16.9%1,548.2%--11.3%--16.9%
Op Mgn LTM-33.1%--33,609.5%---16,788.2%
Op Mgn 3Y Avg-22.4%----22.4%
QoQ Delta Op Mgn LTM--4.8%-4,964.2%--2,479.7%
CFO/Rev LTM-28.5%--28,705.3%---14,338.4%
CFO/Rev 3Y Avg-17.4%----17.4%
FCF/Rev LTM-24.7%--28,852.1%---14,413.7%
FCF/Rev 3Y Avg-13.5%----13.5%

Valuation

BIVIVRTXASPEATYRBBTXCTYMedian
NameBioVie Vertex P.Aspen Ne.aTyr Pha.Bambusa .City The. 
Mkt Cap0.0138.7----69.3
P/S-10.7----10.7
P/Op Inc-0.532.3----15.9
P/EBIT-0.530.4----15.0
P/E-0.534.9----17.2
P/CFO-0.637.5----18.5
Total Yield-205.4%2.9%-----101.3%
Dividend Yield0.0%0.0%----0.0%
FCF Yield 3Y Avg-196.3%1.5%-----97.4%
D/E0.00.0----0.0
Net D/E-0.70.0-----0.3

Returns

BIVIVRTXASPEATYRBBTXCTYMedian
NameBioVie Vertex P.Aspen Ne.aTyr Pha.Bambusa .City The. 
1M Rtn2.3%8.7%-14.8%19.0%3.5%-18.7%2.9%
3M Rtn31.1%10.3%-14.8%19.0%3.5%-18.7%6.9%
6M Rtn-10.9%27.3%-14.8%19.0%3.5%-18.7%-3.7%
12M Rtn-11.5%33.6%-14.8%19.0%3.5%-18.7%-4.0%
3Y Rtn-99.7%45.1%-14.8%19.0%3.5%-18.7%-5.6%
1M Excs Rtn7.3%13.7%-9.7%23.6%8.5%-13.7%7.9%
3M Excs Rtn23.9%9.3%-9.8%23.5%8.3%-13.9%8.8%
6M Excs Rtn-10.6%27.6%-14.5%19.2%3.8%-18.4%-3.4%
12M Excs Rtn-23.9%22.7%-23.5%11.0%-4.9%-27.2%-14.2%
3Y Excs Rtn-172.7%-25.9%-90.3%-49.9%-69.5%-92.6%-79.9%

Comparison Analyses

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Financials

Segment Financials

Net Income by Segment
$ Mil202620252024
Develop drug therapies for the treatment of neurological and neurodegenerative disorders and-22-18-32
Total-22-18-32


Assets by Segment
$ Mil20242023202220212020
Develop drug therapies for the treatment of neurological and neurodegenerative disorders and25352062
Total25352062


Price Behavior

Price Behavior
Market Price$1.33 
Market Cap ($ Bil)0.0 
First Trading Date03/16/2018 
Distance from 52W High-41.7% 
   50 Days200 Days
DMA Price$1.57$1.52
DMA Trenddownindeterminate
Distance from DMA-15.3%-12.6%
 3M1YR
Volatility172.6%124.4%
Downside Capture209.79268.25
Upside Capture453.85226.36
Correlation (S&P 500)8.5%19.2%
BIVI Betas & Captures as of 10/31/2026

 1M2M3M6M1Y3Y
Beta1.211.371.571.621.892.01
Up Beta12.793.100.101.061.411.59
Down Beta-6.94-4.94-5.86-0.860.371.76
Up Capture393%153%479%333%470%85%
Bmk +ve Days12182862130427
Stock +ve Days9142758117331
Down Capture365%388%335%228%173%114%
Bmk -ve Days10253664121325
Stock -ve Days12243159118396

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BIVI
BIVI-14.2%124.4%0.46-
Sector ETF (XLV)28.6%16.9%1.314.6%
Equity (SPY)9.5%13.6%0.4018.6%
Gold (GLD)1.6%28.7%0.0510.7%
Commodities (DBC)38.4%21.2%1.42-5.7%
Real Estate (VNQ)11.3%14.2%0.516.1%
Bitcoin (BTCUSD)-27.2%43.6%-0.6118.6%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BIVI
BIVI-70.7%135.8%-0.25-
Sector ETF (XLV)8.3%15.4%0.3514.7%
Equity (SPY)11.3%17.3%0.4818.8%
Gold (GLD)17.5%19.1%0.743.0%
Commodities (DBC)8.1%19.6%0.30-0.2%
Real Estate (VNQ)1.3%18.9%-0.0413.1%
Bitcoin (BTCUSD)4.0%51.6%0.268.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BIVI
BIVI-54.9%144.7%-0.12-
Sector ETF (XLV)12.2%16.8%0.5913.6%
Equity (SPY)15.0%18.0%0.7017.3%
Gold (GLD)11.9%16.5%0.593.6%
Commodities (DBC)7.5%18.1%0.330.9%
Real Estate (VNQ)5.9%20.7%0.2412.9%
Bitcoin (BTCUSD)60.0%66.3%1.007.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity0.5 Mil
Short Interest: % Change Since 9302026-34.5%
Average Daily Volume0.2 Mil
Days-to-Cover Short Interest2.8 days
Basic Shares Quantity8.3 Mil
Short % of Basic Shares6.6%

Earnings Returns History

Updated 6/3/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   

SEC Filings

Expand for More
Report DateFiling DateFiling
09/30/202611/06/202610-Q
06/30/202608/13/202610-K
03/31/202605/11/202610-Q
12/31/202502/06/202610-Q
09/30/202511/10/202510-Q
06/30/202508/15/202510-K
03/31/202505/12/202510-Q
12/31/202402/11/202510-Q
09/30/202411/13/202410-Q
06/30/202409/30/202410-K
03/31/202405/14/202410-Q
12/31/202302/13/202410-Q
09/30/202311/08/202310-Q
06/30/202308/16/202310-K
03/31/202305/12/202310-Q
12/31/202202/10/202310-Q
Collapse to Preview
Report DateFiling DateFiling
09/30/202611/06/202610-Q
06/30/202608/13/202610-K
03/31/202605/11/202610-Q
12/31/202502/06/202610-Q
09/30/202511/10/202510-Q
06/30/202508/15/202510-K
03/31/202505/12/202510-Q
12/31/202402/11/202510-Q
09/30/202411/13/202410-Q
06/30/202409/30/202410-K
03/31/202405/14/202410-Q
12/31/202302/13/202410-Q
09/30/202311/08/202310-Q
06/30/202308/16/202310-K
03/31/202305/12/202310-Q
12/31/202202/10/202310-Q
09/30/202211/04/202210-Q
06/30/202209/27/202210-K
03/31/202205/11/202210-Q
12/31/202102/08/202210-Q
09/30/202111/10/202110-Q
06/30/202108/30/202110-K
03/31/202105/10/202110-Q
12/31/202001/29/202110-Q
09/30/202011/05/202010-Q
06/30/202008/06/202010-K
03/31/202005/13/202010-Q
12/31/201902/13/202010-Q

Insider Activity

Updated 8/28/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Palumbo, Joseph MChief Medical OfficerDirectBuy82820262.164,84310,46113,038Form
2Chappell, Amy SuzonDirectBuy82820262.167271,5701,570Form
3Kim, Joanne WendyChief Financial OfficerDirectBuy82820262.182,5005,4507,501Form
4Do, Cuong VPresident & CEODirectBuy82820262.0815,21031,63733,523Form
5Do, Cuong VPresident & CEOSee FootnoteBuy81320250.005,000  Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Palumbo, Joseph MChief Medical OfficerDirectBuy82820262.164,84310,46113,038Form
2Chappell, Amy SuzonDirectBuy82820262.167271,5701,570Form
3Kim, Joanne WendyChief Financial OfficerDirectBuy82820262.182,5005,4507,501Form
4Do, Cuong VPresident & CEODirectBuy82820262.0815,21031,63733,523Form
5Do, Cuong VPresident & CEOSee FootnoteBuy81320250.005,000  Form
Core Cache Last Updated: 11/7/2026