QBie™ Spotlight: BioVie Inc. (OTCQB: BIVI)
What does BioVie do?
Jonathan M. Adams (CEO – OTCQB: BIVI): “BioVie Inc. is a clinical-stage company developing innovative drug therapies for liver disease. Our lead compound is BIV201, a novel approach to the treatment of ascites due to liver cirrhosis. In March 2017, BioVie received notification from the FDA permitting it to initiate a Phase 2 US clinical trial. BIV201, which has Orphan Drug designation and patent protection, has the potential to improve the health of thousands of patients suffering from life-threatening complications of liver cirrhosis due to hepatitis, NASH, and alcoholism. The FDA has never approved any drug specifically for treating ascites.”
What is the next big goal BIVI is trying to accomplish/what should we keep an eye out for?
Jonathan Adams: “We expect to commence dosing our first patient with BIV201 this June. Based on ex-US studies we hope to establish safety, with signs of efficacy, in the first group of 6 refractory ascites patients. The active agent in BIV201,terlipressin, is approved for treating related conditions in about 40 countries but not the US. If this trial is successful it will be a major milestone for BioVie.”
Why did you join the OTCQB/go public?
Jonathan Adams: “We up-listed from a PINK sheet stock to OTCQB to realize the benefits of increased recognition and quality, and to access all of the services available. This also supported stock registration to enable access to our $11.8 million equity line with Aspire Capital Fund.”
How can members of the microcap community help you?
Jonathan Adams: “By tracking the progress of our company and evaluating BIVI stock. Our product pipeline information, recent press releases and SEC filings are available on our website biovieinc.com.“
Learn more about BioVie Inc. (OTCQB: BIVI) at: www.biovieinc.com
About QBie™ Spotlight:
QBie™ Spotlight is a virtual “welcome interview” for new OTCQB companies. QBie™ Spotlight helps issuers that are new to the OTCQB connect with microcap industry professionals! Learn more about the QBie™ Spotlight HERE.
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