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BIVI — BioVie Inc.

BIVI (BioVie Inc.) stock: $1.33, $11.5M market cap, $9.0M cash, $2.5M EV, $24.8M fully diluted market cap. Lead program: bezisterim (Long COVID), Phase 2. Data from Fully Diluted's biotech stocks database.

What they do

BioVie Inc. (the “Company” or “we” or “our”) is a clinical-stage company developing innovative drug therapies for the treatment of neurological and neurodegenerative disorders and advanced liver disease. Neurodegenerative Disease Programs The Company acquired the biopharmaceutical assets of NeurMedix, Inc.

Source: 10-K FY2026 via SEC EDGAR

Share price
$1.33
Market cap
$11.5M
Cash
$9.0M
Enterprise value
$2.5M

Balance sheet

Cash$9.0M
Debt$0.0M
Net cash$9.0M
Enterprise value$2.5M
Basic shares7.5M shares
Fully diluted shares18.6M shares
Fully diluted market cap$24.8M
Cash per share$1.19
Quarterly burn$4.1M
Cash runway2.2 quarters

Cash figures as of 2026-06-30. Database snapshot: 2026-11-07.

Share structure

Common
7.5M
Pre-funded warrants
0.4M
Options
2.8M
RSUs
0.0M
Warrants
7.9M
Converts
0.0M
Conv preferred
0.0M
ESPP reserve
—
FDSO
18.6M

Cap table as of 2026-06-30.

Price history

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Recently reported

bezisterim Phase 2 Mixed · 2026-10-20
SUNRISE-PD · early Parkinson's disease
Primary: Effect of bezisterim on hematologic inflammatory biomarker indices (MLR, SIRI, NLR, SII, PLR, AISI) and a composite of those markers (primary pharmacodynamic endpoint) — not disclosed
· Prespecified high-inflammation subgroup (above-median platelet counts above 230 x 10^9/L): MDS-UPDRS Part I (non-motor) -1.62 vs +1.86 for placebo (Cohen's d = -1.33; p=0.0124)
· Same subgroup: MDS-UPDRS Part III (motor) -1.32 vs +1.26 for placebo (Cohen's d = -0.92; p=0.0265)
· Same subgroup: MDS-UPDRS Total Scores -1.23 vs +1.21 for placebo (Cohen's d = -1.45; p=0.0006)
· Overall modified intent-to-treat population: Composite Benefit Score favored bezisterim (Cohen's d = -1.61; p=0.0004)
· Clinically meaningful improvement on the Composite Benefit Score: 25% on bezisterim vs 4% on placebo (6.25-fold more likely)
· Clinically meaningful worsening: 14% on bezisterim vs 46% on placebo (relative risk 0.30); randomized, double-blind, placebo-controlled, n=57, 20 mg twice daily for 12 weeks (NCT06757010)
Safety: Well tolerated: treatment-emergent adverse events 39.3% on bezisterim vs 51.7% on placebo; no severe or serious adverse events in either group; one potentially treatment-related adverse event in each arm
Source release →
bezisterim Phase 2 Mixed · 2026-10-20
SUNRISE-PD
Primary: Effect on hematologic inflammatory biomarker indices (MLR, SIRI, NLR, SII, PLR, AISI) in early Parkinson's disease (SUNRISE-PD, NCT06757010); clinical endpoints secondary/exploratory — In the prespecified subgroup with higher baseline systemic inflammation (above-median platelet counts above 230 x 10^9/L), bezisterim improved MDS-UPDRS Total Scores -1.23 vs +1.21 for placebo (Cohen's d = -1.45; p=0.0006)
· MDS-UPDRS Part I (non-motor) -1.62 vs +1.86 placebo (Cohen's d = -1.33; p=0.0124) in the high-inflammation subgroup
· MDS-UPDRS Part III (motor) -1.32 vs +1.26 placebo (Cohen's d = -0.92; p=0.0265) in the high-inflammation subgroup
· Composite Benefit Score favored bezisterim in the overall mITT population (Cohen's d = -1.61; p=0.0004)
· Clinically meaningful improvement on CBS: 25% bezisterim vs 4% placebo (6.25-fold more likely)
· Clinically meaningful worsening: 14% bezisterim vs 46% placebo (relative risk 0.30)
· n=57 patients naive to carbidopa/levodopa, 20 mg twice daily vs placebo for 12 weeks
Safety: Well tolerated: TEAEs 39.3% on bezisterim vs 51.7% on placebo, no severe or serious adverse events in either group
Source release →
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