BioVie shares plunge 16.10% despite positive Long COVID subgroup results

Verifying
  • BioVie reported topline results from its Phase 2 ADDRESS-LC study of bezisterim in Long COVID patients.
  • 41.6% of bezisterim patients reported adverse events, versus 55.9% receiving placebo.
  • BioVie announced FDA engagement on a Phase 3 Parkinson’s program earlier in September.
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