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NanoViricides Inc

NanoViricides Inc (NNVC)

2.23
0.00
(0.00%)
Closed May 26 4:00PM
2.25
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NNVC News

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loanranger loanranger 1 day ago
This looks to be the "update":
Patients (1) ICD-10 Condition: B972||Coronavirus as the cause of diseases classified elsewhere,

Greek to me.
I have the feeling that this Registry will be the only "official" source of info and it isn't very promising.

Thanks.
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KMBJN KMBJN 2 days ago
The Indian clinical trials registry web site was updated 2/14/24, but it doesn't show as completed:

https://ctri.nic.in/Clinicaltrials/pubview.php

Put in Karveer Meditech as the sponsor, and can view the PDF from there too.

It does say "Results shall be published in medical journals" but I doubt it. Will see, maybe after the final report officially comes out with all the data cleared.
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loanranger loanranger 2 days ago
"They did seem to do OK in India Phase I trial. "
Is there some regulatory reporting that confirms that? I probably couldn't follow it but I'd like to know if it exists.
(I see the "seem" in there.)
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KMBJN KMBJN 2 days ago
Partner funding would be great. Not sure NNVC knows how to design and run a clinical trial. They did seem to do OK in India Phase I trial.

I just saw this proactive interview:



Diwan actually laughs when he is asked when they will go into clinical trials... whatever that means. Says they are ready, and it's all in the regulators' hands.
He seems to say the next step is to ask FDA for a(nother?) pre-IND meeting to clarify what is needed for an IND for NV-387, the almost everything-cide.

I must say though, NNVC seems closer than ever to getting into a real efficacy trial, and now would probably be a good time to throw some speculative money at it if one was so inclined, provided they can get some funding. Many other antiviral (vaccine) stocks up today on bird-flu "scare." If NV-387 actually works well in humans as well as NNVC says it works in their animal models, it could be an enormous blockbuster: small-pox, RSV, flu, and Covid? It's hard to fake the purported pristine lung pathology in their RSV model. I wonder if they ever intend to publish any of their animal model results with NV-387.

Hopefully a potential partner will be enthusiastic about the human phase I safety and efficacy in animal models, and Aagami can help them find a partner in/for India, Japan, or elsewhere/other markets.
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drkazmd65 drkazmd65 3 days ago
NanoViricides Bolsters Partnership Efforts - Engages Aagami Inc.
8:34 AM ET 5/23/24 | Dow Jones

This is an interesting twist - actually trying to actively push their potential treatment forward,...

SHELTON, CT / ACCESSWIRE / May 23, 2024 / NanoViricides, Inc. (NYSE American:NNVC) (the "Company"), a clinical-stage global leader in broad-spectrum antiviral nanomedicines, reports that it has engaged Aagami, Inc. for business development, specifically to seek licensing and partnering opportunities for our assets and platform technology.

The Company is currently seeking licensing and partnering opportunities for its key asset, NV-387, and its key nanoviricides(TM) platform technology. The Company has engaged Aagami, a small boutique firm, to help with these efforts for the regions of India and Japan, noting the firm's strength and specialty in these regions for licensing and partnering endeavors.

NV-387 has successfully completed a Phase I human clinical trial in healthy subjects in India.

No adverse events were reported even at the highest dose levels tested in the single-ascending dose or the multiple-ascending dose cohorts in the clinical trial. Two oral formulations of NV-387, (i) Oral Syrup, and (ii) Oral Gummies were tested in this clinical trial, which has been described in more details in prior press releases.

NV-387 is now ready for Phase II clinical trials in any of its multiple indications.

NV-387 is a unique host-mimetic, direct-acting, ultra-broad-spectrum antiviral nanomedicine based on our nanoviricides platform technology. NV-387 is a first-in-class drug that acts by a novel mechanism of action.

Viruses would not be able to escape NV-387 even as new variants develop in the field, because any new variant continues to use the same host-side features for infection that NV-387 presents, we believe. In contrast, viruses escape vaccines, antibodies and small chemical drugs readily as they change in the field.

NV-387 is a nanomachine designed to complete the task of dismantling the virus particle without requiring the host immune system involvement. This is important because the host immune system is dysregulated by any virus that causes significant pathology. In contrast, vaccines and antibodies require a functioning immune system.

NV-387 is active when given orally. The oral gummy formulation, in particular, overcomes the problem of swallowing issues present in many adults and children with severe respiratory diseases, as it dissolves in the mouth slowly.

Additionally, we have developed a formulation, Solution for Injection, Infusion, and Inhalation, for the treatment of severe, hospitalized cases.

NV-387 is inherently designed to be safe, and the non-clinical data support its safety. NV-387 is non-mutagenic, non-genotoxic, non-immunogenic, and there were no signs of any allergenicity. The recently completed Phase I clinical trial evaluating its safety in humans corrobaorates our non-clinical findings; there were no adverse effects reported in this clinical trial.

NV-387 could be a single drug to treat all of the "tripledemic" viruses, a "holy grail" of development of antiviral therapeutics. Its observed antiviral spectrum in cell culture and animal studies includes the Coronavirus family, including SARS-CoV-2 (COVID, Long COVID), RSV, Influenza A (potentially including H5N1 "Bird Flu"), as well as Smallpox/Mpox.

This ultra-broad-spectrum of NV-387 is, we believe, the result of its host-mimcry. NV-387 is designed to mimic the key virus-binding features of sulfated proteoglycans. A large pool of human pathogenic viruses may be susceptible to NV-387 because more than 90% of human pathogenic viruses are known to use one or more of the sulfated proteoglycans as attachment receptors.

Moreover, even novel viruses, whether from natural sources or bio-engineered, are expected to be susceptible to NV-387 if they employ a sulfated proteoglycan for gaining access to human cells to infect and cause disease.

NV-387 mechanism is designed to attack the virus particle by mimicking the host-side attachment receptor(s) used by the virus particle, followed by engulfing the virus particle via the lipid-lipid-fusion with the virus surface, thereby rendering the virus incapable of infecting cells.

We believe that NV-387 is a revolutionary ultra-broad-spectrum antiviral drug with a strong potential to transform treatment of viral infections just as the broad-spectrum antibiotic, penicillin, transformed the treatment of bacterial diseases.

"Engaging Aagami gives a significant boost to our licensing and partnering efforts, while at the same time substantially freeing up our executives and staff to focus more strongly on further development of our multiple drugs and the nanoviricides platform through clinical trials," said Anil R. Diwan, PhD, President and Executive Chairman of the Company.

About Aagami

Aagami, Inc. is a life sciences consulting firm based in the suburbs of Chicago which offers, Strategic Consulting Services, Business Development support in regions where the client is unable to reach out due to bandwidth, Technology Licensing Services, and Business Research & Market Intelligence Services.

For Global companies in Pharma, Biotech, Medical Devices & Technology, Consumer Healthcare, CROs, CDMOs, Aagami brings: Deep Experience of overcoming business and socio-cultural differences of various countries; Extensive 'C' level network nurtured for 21+ years; Global Deal making skills, honed for decades; Partners having combined experience of 250+ years; Supplementing the client's bandwidth to save time, effort & cost. Aagami has served 110+ clients in 180+ Assignments globally.

About NanoViricides

NanoViricides, Inc. (the "Company") (www.nanoviricides.com) is a clinical stage company that is creating special purpose nanomaterials for antiviral therapy. The Company's novel nanoviricide(TM) class of drug candidates are designed to specifically attack enveloped virus particles and to dismantle them. Additionally, nanoviricides mimick the host-side features that the viruses continue to require in spite of mutations, and therefore the viruses would be highly unlikely to escape the nanvoricide drugs.

Our lead drug candidate is NV-387 (drug product NV-CoV-2) for the treatment of RSV, COVID-19, Long COVID, Influenza, Bird Flu H5N1, and other respiratory viral infections. NV-387 has successfully completed a Phase 1a/1b human clinical trial in healthy subjects with no reported adverse events even at the highest and repeated dosages. The Company is currently focused on advancing NV-387 into Phase II human clinical trials for treatment of RSV infection.

Our other advanced candidate is NV-HHV-1 for the treatment of Shingles rash, HSV-1 "cold sores" and HSV-2 "genital ulcers". The Company cannot project an exact date for filing an IND for any of its drugs because of dependence on a number of external collaborators and consultants.

The Company is developing drugs against a number of viral diseases including oral and genital Herpes, viral diseases of the eye including EKC and herpes keratitis, H1N1 swine flu, H5N1 bird flu, seasonal Influenza, HIV, Hepatitis C, Rabies, Dengue fever, and Ebola virus, among others. NanoViricides' platform technology and programs are based on the TheraCour(R) nanomedicine technology of TheraCour, which TheraCour licenses from AllExcel. NanoViricides holds a worldwide exclusive perpetual license to this technology for several drugs with specific targeting mechanisms in perpetuity for the treatment of the following human viral diseases: Human Immunodeficiency Virus (HIV/AIDS), Hepatitis B Virus (HBV), Hepatitis C Virus (HCV), Rabies, Herpes Simplex Virus (HSV-1 and HSV-2), Varicella-Zoster Virus (VZV), Influenza and Asian Bird Flu Virus, Dengue viruses, Japanese Encephalitis virus, West Nile Virus, Ebola/Marburg viruses, and certain Coronaviruses. The Company intends to obtain a license for poxviruses and/or enteroviruses if the initial research is successful. The Company's technology is based on broad, exclusive, sub-licensable, field licenses to drugs developed in these areas from TheraCour Pharma, Inc. The Company's business model is based on licensing technology from TheraCour Pharma Inc. for specific application verticals of specific viruses, as established at its foundation in 2005.

As is customary, the Company must state the risk factor that the path to typical drug development of any pharmaceutical product is extremely lengthy and requires substantial capital. As with any drug development efforts by any company, there can be no assurance at this time that any of the Company's pharmaceutical candidates would show sufficient effectiveness and safety for human clinical development. Further, there can be no assurance at this time that successful results against coronavirus in our lab will lead to successful clinical trials or a successful pharmaceutical product.

This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by NanoViricides, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading

(MORE TO FOLLOW) Dow Jones Newswires

May 23, 2024 08:34 ET (12:34 GMT)
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300mph 300mph 3 days ago
You do know what a chumbox is, right? I can't give you a link to the cnbc page that has the Taboola ad on it because you won't see that same ads I see. They are continuously changing based on the profile of interests you have accumulated with the respective ad company.

So here is a screen capture of what I see today. The three Taboola ads you see on the right change periodically.
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sunspotter sunspotter 3 days ago
Thanks. Although it wasn't at the CNBC.com site.

"THIS IS A PAID ADVERTISEMENT

NO INVESTMENT ADVICE



SCD Media LLC (d/b/a “Smallcaps Daily”), hereinafter referred to as “Smallcaps Daily,” and their affiliates and control persons (the “Publisher”) are in the business of publishing favorable information and/or advertisements (the “Information”) about the securities of publicly traded companies (each an “Issuer” or collectively the “Issuers”) in exchange for compensation (the “Campaigns”). Persons receiving the Information are referred to as the “Recipients.” The person or entity paying the Publisher for the Campaign is referred to herein as the “Paying Party”. The Paying Party may be an Issuer, an affiliated or non-affiliate shareholder of an Issuer, or another person hired by the Issuer or an affiliate or non-affiliate shareholder of the Issuer. The nature and amount of compensation paid to the Publisher for the Campaign and creating and/or publishing the Information about each Issuer is set forth below under the heading captioned, “Compensation”.

This website provides information about the stock market and other investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for informational purposes only. The Author of this website is not a registered investment advisor and does not offer investment advice. You, the reader, bear responsibility for your own investment decisions and should seek the advice of a qualified securities professional before making any investment.

Nothing on this website should be considered personalized financial advice. Any investments recommended herein should be made only after consulting with your personal investment advisor and only after performing your own research and due diligence, including reviewing the prospectus or financial statements of the issuer of any security.



Smallcaps Daily, its managers, its employees, affiliates, and assigns (collectively the "Publisher") do not make any guarantee or warranty about the advice provided on this website or what is otherwise advertised above."
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300mph 300mph 3 days ago
My point was not to highlight the material that the chumbox ad referenced but to simply highlight the irony of a fake biotech company paying for a chumbox ad to promote a fake article pumping a fake company.

But since you asked, here is the link:https://profiles.smallcapsdaily.com/nnvc/
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sunspotter sunspotter 4 days ago
Link, please.
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300mph 300mph 4 days ago
Not so, I copied it directly from the cnbc.com website.
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sunspotter sunspotter 4 days ago
"NanoViricides now being featured in Taboola chumbox."

I think you fabricated this image:



I can't find the original anywhere on the web.

Of course, you could always post a link to the piece in question. TIA.
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300mph 300mph 4 days ago
This might catch some fish. NanoViricides now being featured in Taboola chumbox.

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Ecomike Ecomike 6 days ago
NNVC is just Phase one, and has years of work ahead of them, while Bixt, Bioxytran has 2 phase III trials ready in the USA and India, and they have shown a 100% cure rate (unheard of) in a week or less, with no Paxlovid rebound. It is an oral pill, a Galectin-3 Antagonist, that blocks the viruses from being able to attach to human cells, and has a published patent covering 60+ viruses already.
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loanranger loanranger 1 week ago
And there's the dump.
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drkazmd65 drkazmd65 2 weeks ago
From a quick reading of the new Benzinga summary of the most recent corporate report:

The mortgage on their facility could be good, or could be bad - as that is one asset that the company does have that is not something specifically belonging to Diwan's privately held companies.

A partnership would be an excellent thing to get in place. However, Diwan might have to give up some control in order to get somebody outside to buy in.

Either way - I'm not adding 'yet' - but I am not selling anything I do hold either.

https://www.benzinga.com/pressreleases/24/05/ac38838071/nanoviricides-has-filed-its-quarterly-report
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drkazmd65 drkazmd65 2 weeks ago
And another pump,.... Diwan's pulling out all the stops this month.

A Novel Broad-Spectrum Antiviral with Activity Against RSV
6:36 AM ET 5/14/24 | Dow Jones

Complete Survival of Animals Lethally Infected into Lungs with RSV Achieved Upon NV-387 Oral Treatment

SHELTON, CT / ACCESSWIRE / May 14, 2024 / NanoViricides, Inc. (NYSE Amer.:NNVC) (the "Company"), a global leader in broad-spectrum antiviral nanomedicines, says that antiviral activity of NV-387 against RSV/A2 is strong enough to have resulted in full survival of lethally infected animals was achieved.

In this study, extended dosing of NV-387 given orally was compared with a high dose of ribavirin given orally for the same duration. Two doses were given on first day of dosing followed by one daily dose for next 9 days (for a total of 11 doses). NV-387 given by this dosing regimen led to complete survival of the mice beyond the 21 days study period, with no signs of pathology (disease) apparent on the last day of observation. In contrast, ribavirin led to death of all animals by 14 days.

Survival Lifespan of Lethally Infected Mice - Lung
Infection with RSV A2
Survival, Increase in Survival,
Treatment Days Days Increase in Survival, %
------------ ----------- ------------------------ -------------------------
22+
NV-387, Oral (Complete) > 14 > 175%
------------ ----------- ----------- ----------- ---- -------------------
Ribavirin,
Oral 14 6 75%
------------ ----------- ------------------------ -------------------------
Vehicle 8 0 0%
------------ ----------- ------------------------ -------------------------

Thus we believe NV-387 oral treatment is capable of curing RSV infection. There is currently no approved treatment for RSV other than ribavirin. A safe and effective treatment remains an unmet medical need.

"This is an extremely significant result. To date, in our lethal infection animal models, we have not observed uniform survival with any of the treatments, including approved drugs, against viruses that include Influenza A, Smallpox/Mpox, and Coronaviruses," said Anil R. Diwan, PhD, President and Chairman of the Company, adding, "Our studies are designed to be so lethal that the survival lifetime itself can be used as the ranking parameter to evaluate the effectiveness of a treatment. Complete survival is not expected in such studies, unless the drug is extremely effective."

Previously, in July 2023, we reported that NV-387 treatment led to survival in lethally RSV infected animals equal to that observed with ribavirin treatment. In this study, we extended the dosing regimens of both ribavirin and NV-387, to determine if that improves survival.

Ribavirin is the only currently approved drug for RSV infection, that can be used only as a last resort because of its extensive toxicity that limits its effectiveness.

RSV is an important disease in infants and children less than 5 years old, as well as in older persons over 65 years old. According to the CDC, each year in the United States, RSV leads to approximately:
-- 58,000-80,000 hospitalizations among children younger than 5 years old;

-- 60,000-160,000 hospitalizations among adults 65 years and older;

-- 6,000-10,000 deaths among adults 65 years and older; and

-- 100-300 deaths in children younger than 5 years old.

Two vaccines have recently been approved for protection of persons 60+ years old from RSV infection (Arexvy(R), GSK, and Abrysvo(R), Pfizer). Abrysvo was recently approved for use in pregnant women for protection of infants. Synagis (palivizumab), an antibody, as well as a new antibody, nirsevimab (Beyfortus(R)) have been approved by the US FDA for protection of newborn children at risk of RSV disease, but not for treatment of RSV infection and disease.

About NanoViricides

NanoViricides, Inc. (the "Company") (www.nanoviricides.com) is a development stage company that is creating special purpose nanomaterials for antiviral therapy. The Company's novel nanoviricide(R) class of drug candidates are designed to specifically attack enveloped virus particles and to dismantle them. Additionally, nanoviricides mimick the host-side features that the viruses continue to require in spite of mutations, and therefore the viruses would be highly unlikely to escape the nanvoricide drugs.

Our lead drug candidate is NV-387 (drug product NV-CoV-2) for the treatment of RSV, COVID-19, Long COVID, Influenza, Bird Flu H5N1, and other respiratory viral infections. NV-387 has successfully completed a Phase 1a/1b human clinical trial in healthy subjects with no reported adverse events even at the highest and repeated dosages. The Company is currently focused on advancing NV-387 into Phase II human clinical trials for treatment of RSV infection.

Our other advanced candidate is NV-HHV-1 for the treatment of Shingles rash, HSV-1 "cold sores" and HSV-2 "genital ulcers". The Company cannot project an exact date for filing an IND for any of its drugs because of dependence on a number of external collaborators and consultants.

The Company is also developing drugs against a number of viral diseases including oral and genital Herpes, viral diseases of the eye including EKC and herpes keratitis, H1N1 swine flu, H5N1 bird flu, seasonal Influenza, HIV, Hepatitis C, Rabies, Dengue fever, and Ebola virus, among others. NanoViricides' platform technology and programs are based on the TheraCour(R) nanomedicine technology of TheraCour, which TheraCour licenses from AllExcel. NanoViricides holds a worldwide exclusive perpetual license to this technology for several drugs with specific targeting mechanisms in perpetuity for the treatment of the following human viral diseases: Human Immunodeficiency Virus (HIV/AIDS), Hepatitis B Virus (HBV), Hepatitis C Virus (HCV), Rabies, Herpes Simplex Virus (HSV-1 and HSV-2), Varicella-Zoster Virus (VZV), Influenza and Asian Bird Flu Virus, Dengue viruses, Japanese Encephalitis virus, West Nile Virus, Ebola/Marburg viruses, and certain Coronaviruses. The Company intends to obtain a license for poxviruses and/or enteroviruses if the initial research is successful. The Company's technology is based on broad, exclusive, sub-licensable, field licenses to drugs developed in these areas from TheraCour Pharma, Inc. The Company's business model is based on licensing technology from TheraCour Pharma Inc. for specific application verticals of specific viruses, as established at its foundation in 2005.

As is customary, the Company must state the risk factor that the path to typical drug development of any pharmaceutical product is extremely lengthy and requires substantial capital. As with any drug development efforts by any company, there can be no assurance at this time that any of the Company's pharmaceutical candidates would show sufficient effectiveness and safety for human clinical development. Further, there can be no assurance at this time that successful results against coronavirus in our lab will lead to successful clinical trials or a successful pharmaceutical product.

This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by NanoViricides, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities. Although it is not possible to predict or identify all such factors, they may include the following: demonstration and proof of principle in preclinical trials that a nanoviricide is safe and effective; successful development of our product candidates; our ability to seek and obtain regulatory approvals, including with respect to the indications we are seeking; the successful commercialization of our product candidates; and market acceptance of our products.

The phrases "safety", "effectiveness" and equivalent phrases as used in this press release refer to research findings including clinical trials as the customary research usage and do not indicate evaluation of safety or effectiveness by the US FDA.

FDA refers to US Food and Drug Administration. IND application refers to "Investigational New Drug" application. cGMP refers to current Good Manufacturing Practices. CMC refers to "Chemistry, Manufacture, and Controls". CHMP refers to the Committee for Medicinal Products for Human Use, which is the European Medicines Agency's (EMA) committee responsible for human medicines. API stands for "Active Pharmaceutical Ingredient". API means active pharmaceutical ingredient.

Contact:

NanoViricides, Inc.

info@nanoviricides.com

Public Relations Contact:

MJ Clyburn, TraDigital IR

clyburn@tradigitalir.com

SOURCE: NanoViricides, Inc.

View the original press release on accesswire.com


(MORE TO FOLLOW) Dow Jones Newswires

May 14, 2024 06:36 ET (10:36 GMT)
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glenn1919 glenn1919 2 weeks ago
NNVC..............................https://stockcharts.com/h-sc/ui?s=NNVC&p=W&b=5&g=0&id=p86431144783
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loanranger loanranger 2 weeks ago
Looks like a mini pump and dump.
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booo3b booo3b 2 weeks ago
is 20 percent a daily limit. I am so old I remember .25 cents
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loanranger loanranger 2 weeks ago
Next come the Herpes, Human Papillomavirus (HPV), HIV, Hendra and Nipah Viruses, Ebola, Marburg and sniffles PRs....and who can forget dengue!
Wonder if they'll raise that good old drug design in the field capability?

Uncle Miltie must be bummed that he's missing out.
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drkazmd65 drkazmd65 3 weeks ago
And now,.... A Smallpox PR: Diwan is probably planning a capital raise,...

https://www.accesswire.com/860752/a-novel-broad-spectrum-antiviral-with-activity-against-smallpoxmpox

A Novel Broad-Spectrum Antiviral with Activity Against Smallpox/Mpox
Wednesday, 08 May 2024 06:30 AM

NV-387 Possesses Strong Orthopoxvirus Activity Relevant to Both Sexual and Inhalation Modes of Transmission, Says NanoViricides

SHELTON, CT / ACCESSWIRE / May 8, 2024 / NanoViricides, Inc. (NYSE American:NNVC) (the "Company"), a global leader in broad-spectrum antiviral nanomedicines, says that the ultra-broad antiviral activity spectrum of NV-387 includes activity against orthopoxvirus family (Smallpox/Mpox), with both inhalation and skin abrasion (sexual) modes of infection acquisition. Ectromelia virus infection of mice is a model for Smallpox infection in humans, and also serves as a surrogate for MPox infection in humans. All three viruses belong to the orthopoxvirus family.

NanoViricides reports that in a lethal animal model of lung infection by Ectromelia virus, oral dosing with NV-387 led to an increase in lifespan of mice that was comparable to oral treatment with tecovirimat (TPOXX®, SIGA), the approved drug against Smallpox.

This lung infection study substantiates the results of the previously reported intradigital footpad infection study that: (i) NV-387 has comparable antiviral activity as tecovirimat, and
(ii) NV-387 plus tecovirimat has much stronger antiviral activity than either drug alone.

We have completed a lethality animal study wherein animals were infected with ectromelia virus into the lungs directly. In this study, we found that NV-387 alone treated animals survived 15 days, tecovirimat alone treated animals survived 16 days, and NV-387 plus tecovirimat treated animals survived 19 days, whereas vehicle-treated animals died in 8 days.

This lung-infection study emulates infection from aerosolized dispersion of the virus, as may be expected in a bioterrorism scenario.

Survival Lifespan of Lethally Infected Mice - Lung Infection with Ectromelia Virus

Treatment

Survival, Days

Increase in Survival, Days

Increase in Survival, %

NV-387, Oral

15

7

88%

Tecovirimat, Oral

16

8

100%

NV-387 + Tecovirimat, Oral

19

11

138%

Vehicle

8

0

0%

Previously, on November 14, 2023, we have reported that in a lethal intradigital footpad infection of mice with ectromelia virus, oral NV-387 treatment led to lifespan improvement comparable to oral tecovirimat treatment, with both treatments resulting in 14 days survival, whereas vehicle treated animals died in 8 days. Moreover, combined treatment with both NV-387 and tecovirimat resulted in a significantly improved survival of 17 days in this study.

Survival Lifespan of Lethally Infected Mice - Intradigital Footpad Infection with Ectromelia Virus

Treatment

Survival, Days

Increase in Survival, Days

Increase in Survival, %

NV-387, Oral

14

6

75%

Tecovirimat, Oral

14

6

75%

NV-387 + Tecovirimat, Oral

17

9

113%

Vehicle

8

0

0%

This intradigital footpad infection study emulates the skin-to-skin transfer of the virus as in sexual transmission, such as that in the case of current Clade 1 MPox virus epidemic in the DR Congo; Clade 1 MPox is more deadly than the Clade 2 MPox; the latter had caused a small pandemic recently with sexual mode of transmission (https://www.sciencefocus.com/news/monkey-pox-new-strain , May 5, 2024).

Tecovirimat is the drug approved for smallpox under "animal rule" and is stockpiled by the Biomedical Advanced Research and Development Authority (BARDA). It was mobilized from the stockpile during the recent MPox Clade 2 pandemic. BARDA is interested in development of additional poxvirus therapeutics as per a recent Broad-Agency Announcement (BAA). There is significant interest in the development of a smallpox therapeutic that works well by itself, as well as in combination with the known drug, tecovirimat. Tecovirimat has a low barrier of escape; a single mutation in one protein can enable the virus to escape this drug, adding to the significance of additional smallpox drug development.

Therefore we believe that NV-387 is a viable clinical candidate to be developed by itself for the treatment of poxvirus infections under the US FDA "Animal Rule". In addition, we believe that the combination of NV-387 and tecovirimat could reduce the potential for escape resistant generation against tecovirimat, as is known with other drug combination studies against viruses.

A safe and effective antiviral drug that the virus would not escape by simple mutations or field evolution is the holy grail of antiviral drug development. We believe that the NanoViricides Platform technology meets this challenge.

About NanoViricides

NanoViricides, Inc. (the "Company") (www.nanoviricides.com) is a development stage company that is creating special purpose nanomaterials for antiviral therapy. The Company's novel nanoviricide® class of drug candidates are designed to specifically attack enveloped virus particles and to dismantle them. Our lead drug candidate is NV-387 for the treatment of RSV, COVID-19, Long COVID, and other respiratory viral infections. Our other advanced candidate is NV-HHV-1 for the treatment of Shingles rash, HSV-1 "cold sores", and HSV-2 "genital ulcers". The Company cannot project an exact date for filing an IND for any of its drugs because of dependence on a number of external collaborators and consultants.

NV-387 has successfully completed a Phase 1a/1b clinical trial in which no adverse events were reported indicating excellent safety. Karveer Meditech Pvt. Ltd., our licensee and collaborator in India sponsored the drug for this clinical trial.

The Company is also developing drugs against a number of viral diseases including oral and genital Herpes, viral diseases of the eye including EKC and herpes keratitis, H1N1 swine flu, H5N1 bird flu, seasonal Influenza, HIV, Hepatitis C, Rabies, Dengue fever, and Ebola virus, among others. NanoViricides' platform technology and programs are based on the TheraCour® nanomedicine technology of TheraCour, which TheraCour licenses from AllExcel. NanoViricides holds a worldwide exclusive perpetual license to this technology for several drugs with specific targeting mechanisms in perpetuity for the treatment of the following human viral diseases: Human Immunodeficiency Virus (HIV/AIDS), Hepatitis B Virus (HBV), Hepatitis C Virus (HCV), Rabies, Herpes Simplex Virus (HSV-1 and HSV-2), Varicella-Zoster Virus (VZV), Influenza and Asian Bird Flu Virus, Dengue viruses, Japanese Encephalitis virus, West Nile Virus, Ebola/Marburg viruses, and certain Coronaviruses. The Company intends to obtain a license for poxviruses and/or enteroviruses if the initial research is successful. The Company's technology is based on broad, exclusive, sub-licensable, field licenses to drugs developed in these areas from TheraCour Pharma, Inc. The Company's business model is based on licensing technology from TheraCour Pharma Inc. for specific application verticals of specific viruses, as established at its foundation in 2005.

As is customary, the Company must state the risk factor that the path to typical drug development of any pharmaceutical product is extremely lengthy and requires substantial capital. As with any drug development efforts by any company, there can be no assurance at this time that any of the Company's pharmaceutical candidates would show sufficient effectiveness and safety for human clinical development. Further, there can be no assurance at this time that successful results against coronavirus in our lab will lead to successful clinical trials or a successful pharmaceutical product.

This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by NanoViricides, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities. Although it is not possible to predict or identify all such factors, they may include the following: demonstration and proof of principle in preclinical trials that a nanoviricide is safe and effective; successful development of our product candidates; our ability to seek and obtain regulatory approvals, including with respect to the indications we are seeking; the successful commercialization of our product candidates; and market acceptance of our products.

The phrases "safety", "effectiveness" and equivalent phrases as used in this press release refer to research findings including clinical trials as the customary research usage and do not indicate evaluation of safety or effectiveness by the US FDA.

FDA refers to US Food and Drug Administration. IND application refers to "Investigational New Drug" application. cGMP refers to current Good Manufacturing Practices. CMC refers to "Chemistry, Manufacture, and Controls". CHMP refers to the Committee for Medicinal Products for Human Use, which is the European Medicines Agency's (EMA) committee responsible for human medicines. API stands for "Active Pharmaceutical Ingredient".

Contact:

NanoViricides, Inc.
info@nanoviricides.com

Public Relations Contact:
MJ Clyburn, TraDigital IR
clyburn@tradigitalir.com

SOURCE: NanoViricides, Inc.
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sunspotter sunspotter 3 weeks ago
"Only the fact that they had enough product to get through toxicity testing, and to get a Phase I test done."

I suspect the active they used in the Phase I and the toxicity testing didn't have enough CMC information to allow for commercialisation.
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drkazmd65 drkazmd65 3 weeks ago
Only the fact that they had enough product to get through toxicity testing, and to get a Phase I test done.
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loanranger loanranger 3 weeks ago
"At one point one of the biggest knocks on NNVC was that "they would never be able to scale up production" sufficiently. They appear to have gotten over that hump now."

Is there something in particular that makes it appear that way to you?
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drkazmd65 drkazmd65 3 weeks ago
Agreedtoday news confirms the cides kill virusesWe know that they are very much not toxic at any reasonable level of use. We know that in animal model systems it can kill viruses well. At one point one of the biggest knocks on NNVC was that "they would never be able to scale up production" sufficiently. They appear to have gotten over that hump now.

The problem remains - getting an actual clinical trial done in humans that demonstrates that their compound has efficacy in an actual human disease. Until that happens - NNVC remains mostly a vehicle for generating money for Diwan.
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booo3b booo3b 3 weeks ago
today news confirms the cides kill viruses
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drkazmd65 drkazmd65 3 weeks ago
A Novel Broad-Spectrum Antiviral with Activity Against Influenza A

More fluff - try demonstrating efficacy in some sort of actual human trial Diwan,....

6:31 AM ET 5/6/24 | Dow Jones
NV-387 Possesses Strong Anti-Influenza-A Virus Activity, and May Have Activity Against H5N1 Bird Flu Virus, Says NanoViricides

SHELTON, CT / ACCESSWIRE / May 6, 2024 / NanoViricides, Inc. (NYSE American:NNVC) (the "Company"), a global leader in broad-spectrum antiviral nanomedicines, says that the ultra-broad antiviral activity spectrum of NV-387 includes Influenza A viruses, possibly including Bird Flu H5N1 virus as well.

NanoViricides reports that in a lethal animal model of lung infection by Influenza A /H3N2 virus, NV-387 was found to have substantially superior antiviral effects compared to three approved anti-influenza drugs.

We have recently performed a lethal lung infection study of mice infected with Influenza A/H3N2 that were treated with NV-387 or one of the three approved drugs for direct comparison: Oseltamivir (Tamiflu(R), Roche), Peramivir (Rapivab(R), Biocryst), and Baloxivir (Xofluza(R), Shionogi, Roche). In this study, NV-387 Oral treatment led to a survival lifespan of 15 days, compared to 10 days with Oseltamivir Oral treatment, 11 days with Peramivir I.V. treatment, and 11 days with Baloxivir Oral treatment, while the vehicle-treated and untreated (infected) animals survived only 8 days.

Thus the anti-Influenza activity of NV-387 given orally was substantially superior to all three of the approved anti-influenza drugs, namely Tamiflu, Rapivab, and Xofluza.

Survival Lifespan of Lethally Infected Mice
- Lung Infection with Influenza A H3N2
Increase in Increase in
Survival, Survival, Survival,
Treatment Days Days %
------------- --------- ----------- -----------
NV-387, Oral 15 7 88%
------------- --------- ----------- -----------
Oseltamivir,
Oral 10 2 25%
------------- --------- ----------- -----------
Peramivir,
I.V. 11 3 38%
------------- --------- ----------- -----------
Baloxivir,
Oral 11 3 38%
------------- --------- ----------- -----------
Vehicle 8 0 0%
------------- --------- ----------- -----------

Given the broad-spectrum of antiviral activity of NV-387 against viruses in many different virus families, we believe that its effectiveness against Influenza A/H3N2 is indicative of potential antiviral activity against most if not all Influenza A viruses.

In particular, we believe, based on structural information, that the H5 hemagglutinin of H5N1 bird flu virus may be even more susceptible to NV-387 attack than the H3 hemagglutinin of the H3N2 virus. This is because H5 contains a long polybasic site sequence, which has biochemical affinity from electrostatic interactions with the antiviral ligand used in NV-387. This antiviral ligand is a sulfated proteoglycan mimetic.

Thus it is very likely that NV-387 may have strong antiviral activity against the bird flu H5N1 virus, although further work is needed in this regard.

"We are pleasantly surprised by this extremely broad and strong antiviral activity of NV-387," said Anil R. Diwan, Ph.D., President and Executive Chairman of the Company, adding, "We are close to having a single drug NV-387 for the treatment of all of the tripledemic respiratory viruses - Coronaviruses, RSV, and Influenza A, which would be a revolutionary achievement."

We note that all three approved influenza drugs oseltamivir, peramivir and baloxivir are known to be prone to viral escape by mutations. In contrast, NV-387 as a host-mimetic is highly unlikely to be escaped by the susceptible viruses.

To date H5N1 bird flu virus has caused only sporadic infections in humans that have been zoonotic in origin, most previous ones being from poultry to humans, while recently cases from cattle to human transmission have occurred. H5N1 has caused increasing spread in wild bird and poultry populations, and now has taken hold in several herds of dairy cattle. Recent reports by CDC indicate that the current H5N1 dairy virus has not incorporated mutations necessary for successful human infection and for human-to-human transmission.

This H5N1 was also found to be sensitive to oseltamivir. However, the influenza viruses in particular are known to change rapidly by mutations, recombinations, as well as re-assortments; the last one enabled by the multi-segmented nature of the virus genome. Eight RNA segments together make up its genome, and in a co-infection of two different influenza A viruses, interchange i.e. reassortment of these segments can take place leading to new variants. Rightly, public health officials are closely watching H5N1.

A safe and effective antiviral drug that the virus would not escape by simple mutations or field evolution is the holy grail of antiviral drug development. We believe that the NanoViricides Platform technology meets this challenge.

About NanoViricides

NanoViricides, Inc. (the "Company") (www.nanoviricides.com) is a development stage company that is creating special purpose nanomaterials for antiviral therapy. The Company's novel nanoviricide(R) class of drug candidates are designed to specifically attack enveloped virus particles and to dismantle them. Our lead drug candidate is NV-CoV-2 for the treatment of RSV, COVID-19, Long COVID, and other respiratory viral infections. Our other advanced candidate is NV-HHV-1 for the treatment of Shingles (previously referred to as NV-HHV-101). The Company cannot project an exact date for filing an IND for any of its drugs because of dependence on a number of external collaborators and consultants. The Company is currently focused on advancing NV-CoV-2 into Phase I/II human clinical trials.

NV-CoV-2 is our nanoviricide drug candidate for COVID-19 that does not encapsulate remdesivir. NV-CoV-2-R is our other drug candidate for COVID-19 that is made up of NV-CoV-2 with remdesivir encapsulated within its polymeric micelles. The Company believes that since remdesivir is already US FDA approved, our drug candidate encapsulating remdesivir is likely to be an approvable drug, if safety is comparable. Remdesivir is developed by Gilead. The Company has developed both of its own drug candidates NV-CoV-2 and NV-CoV-2-R independently.

The Company is also developing drugs against a number of viral diseases including oral and genital Herpes, viral diseases of the eye including EKC and herpes keratitis, H1N1 swine flu, H5N1 bird flu, seasonal Influenza, HIV, Hepatitis C, Rabies, Dengue fever, and Ebola virus, among others. NanoViricides' platform technology and programs are based on the TheraCour(R) nanomedicine technology of TheraCour, which TheraCour licenses from AllExcel. NanoViricides holds a worldwide exclusive perpetual license to this technology for several drugs with specific targeting mechanisms in perpetuity for the treatment of the following human viral diseases: Human Immunodeficiency Virus (HIV/AIDS), Hepatitis B Virus (HBV), Hepatitis C Virus (HCV), Rabies, Herpes Simplex Virus (HSV-1 and HSV-2), Varicella-Zoster Virus (VZV), Influenza and Asian Bird Flu Virus, Dengue viruses, Japanese Encephalitis virus, West Nile Virus, Ebola/Marburg viruses, and certain Coronaviruses. The Company intends to obtain a license for poxviruses and/or enteroviruses if the initial research is successful. The Company's technology is based on broad, exclusive, sub-licensable, field licenses to drugs developed in these areas from TheraCour Pharma, Inc. The Company's business model is based on licensing technology from TheraCour Pharma Inc. for specific application verticals of specific viruses, as established at its foundation in 2005.

As is customary, the Company must state the risk factor that the path to typical drug development of any pharmaceutical product is extremely lengthy and requires substantial capital. As with any drug development efforts by any company, there can be no assurance at this time that any of the Company's pharmaceutical candidates would show sufficient effectiveness and safety for human clinical development. Further, there can be no assurance at this time that successful results against coronavirus in our lab will lead to successful clinical trials or a successful pharmaceutical product.

This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by NanoViricides, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities. Although it is not possible to predict or identify all such factors, they may include the following: demonstration and proof of principle in preclinical trials that a nanoviricide is safe and effective; successful development of our product candidates; our ability to seek and obtain


2024-05-06 10:31:00 GMT A Novel Broad-Spectrum Antiviral with Activity -2-

regulatory approvals, including with respect to the indications we are seeking; the successful commercialization of our product candidates; and market acceptance of our products.

The phrases "safety", "effectiveness" and equivalent phrases as used in this press release refer to research findings including clinical trials as the customary research usage and do not indicate evaluation of safety or effectiveness by the US FDA.

FDA refers to US Food and Drug Administration. IND application refers to "Investigational New Drug" application. cGMP refers to current Good Manufacturing Practices. CMC refers to "Chemistry, Manufacture, and Controls". CHMP refers to the Committee for Medicinal Products for Human Use, which is the European Medicines Agency's (EMA) committee responsible for human medicines. API stands for "Active Pharmaceutical Ingredient".

Contact:

NanoViricides, Inc.
info@nanoviricides.com
Public Relations Contact:
MJ Clyburn

TraDigital IR

clyburn@tradigitalir.com
SOURCE: NanoViricides, Inc.
View the original press release on accesswire.com
> Dow Jones Newswires

May 06, 2024 06:31 ET (10:31 GMT)
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digger1955 digger1955 3 weeks ago
I agree 100%
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backtoreality backtoreality 3 weeks ago
The dynamic duo lmao
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loanranger loanranger 4 weeks ago
The same results could have been achieved if the candidate tested was corn flakes.
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sunspotter sunspotter 4 weeks ago
"The decision to close the clinical trial with healthy subjects study completed was taken because diligent efforts to identify suitable COVID-19 participants for the clinical trials were met with a notable absence of positive cases at the designated clinical trial sites, despite addition of a second site during January/February 2024.

Both the single ascending dose part of this clinical trial (called Phase 1a), and the subsequent multiple ascending dose part (called Phase 1b) have been completed with healthy subjects. There were no reported adverse effects." (My emphases.)

Somewhat implausible as in every real study ever conducted even placebo has reported adverse events.

And if that were true (which I doubt) failure to determine a maximum tolerated dose (MTD) would be a profound setback for any drug development program.

In any case they claim to have shown safety (but not an MTD) but have zero efficacy data.

Not exactly a strong platform to build upon. Or to speculate upon, for that matter.
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drkazmd65 drkazmd65 4 weeks ago
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon

https://finance.yahoo.com/news/nanoviricides-reports-phase-nv-387-103000253.html

NanoViricides, Inc.
Tue, Apr 30, 2024, 6:30 AM EDT

SHELTON, CT / ACCESSWIRE / April 30, 2024 / NanoViricides, Inc. (NYSE Amer:NNVC) (the "Company"), a global leader in broad-spectrum antiviral nanomedicines, reports that the Phase I Clinical Trial of NV-387 is completed successfully and data lock is expected soon.

The Phase 1 clinical trial, protocol number KM-NVCoV2-001, which received approval from the regulatory agency in India for healthy as well as COVID-19 participants, was closed and completed in April by the Drug Sponsor and our licensee, Karveer Meditech, Pvt. Ltd., and the CRO, PristynCR, in India. The decision to close the clinical trial with healthy subjects study completed was taken because diligent efforts to identify suitable COVID-19 participants for the clinical trials were met with a notable absence of positive cases at the designated clinical trial sites, despite addition of a second site during January/February 2024.

Both the single ascending dose part of this clinical trial (called Phase 1a), and the subsequent multiple ascending dose part (called Phase 1b) have been completed with healthy subjects. There were no reported adverse effects, indicating excellent safety of both of the drug products, NV-CoV-2 Oral Syrup, and NV-CoV-2 Oral Gummies, at all of the dosage levels given to the subjects. The CRO is now in the process of completing database input of all of the subjects' clinical datasets to achieve datalock for further statistical analysis.

Phase II Clinical Protocol Discussion in Progress

As previously reported, NV-387, the active ingredient in the drug products in this clinical trial, has been demonstrated to possess an extremely broad effectiveness against multiple virus families in lethal animal studies evaluating NV-387 in comparison to available drugs. Thus, NV-387 has been found to be active against (i) Coronavirus infection, (ii) RSV infection, and (iii) Smallpox/Mpox related Ectromelia virus infection in animal models.

This ultra-broad-spectrum activity profile of NV-387 in animal models suggests that it could be a single drug effective against most if not all of the respiratory viral infections.

We have therefore initiated discussions with physicians, subject matter experts, and clinical site investigators in India, towards designing appropriate clinical trials for determining the dosing protocol and effectiveness of NV-387 towards the goal of clinically establishing the spectrum of effectiveness of NV-387. An antiviral drug such as NV-387 if found to be effective in human clinical studies would be a highly desirable drug globally. It would enable treatment of patient as soon as they present to the physician with a viral disease without waiting for a test for identifying which viral infection it is. This is reminiscent of how antibiotics are prescribed, without specific infectious agent identification, relying on the ultra-broad-spectrum of antibacterial activity.
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drkazmd65 drkazmd65 1 month ago
Has been for quite a while,... Not exactly a noteworthy point. NNVC under $2
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Monksdream Monksdream 1 month ago
NNVC under $2
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glenn1919 glenn1919 2 months ago
NNVC..................................................https://stockcharts.com/h-sc/ui?s=NNVC&p=W&b=5&g=0&id=p86431144783
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mike41 mike41 2 months ago
I'm guessing we will find out soon.
It could be a human case of Bird Flu in Texas.
Cattle are now catching it.
To me, that means it can infect other mammals more easily than before.

https://www.politico.com/news/2024/04/01/first-human-avian-flu-case-texas-00149949
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drkazmd65 drkazmd65 2 months ago
Up more than 15% today on decent volume. I can't find any actual news that might be driving a rise today though.
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loanranger loanranger 2 months ago
Is that a recommendation or just a statement of fact?
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Monksdream Monksdream 2 months ago
NNVC under $2
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drkazmd65 drkazmd65 2 months ago
Problem is - they need to actually finish their Phase I a/b trial and get the data in some publishable, or regulatory agency submit-able form before anybody is going to let them set up a Phase II trial for anything, including COVID.
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mike41 mike41 2 months ago
I could see NNVC starting Phase II trials with NV387 to treat Dengue. Plenty of cases in India.
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Nanotoday Nanotoday 3 months ago
When I clearly say an admission that Diwan is siphoning off funds and you ask what admission, it makes me smile. Thank you.
Perhaps he finally has siphoned off enough dough and is old enough that he finally will see what he has come up with?
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Nanotoday Nanotoday 3 months ago
I stand by everything I’ve said. There is nothing verified to prove it incorrect. As I’ve said before, interesting that you question me as a source but not the sources of “all the good news and progress.”

I wonder when long enough will be long enough. Likely not for another decade or more as it would require admission of being duped. Don’t stop believing! Hope is all you’ve got.
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KMBJN KMBJN 3 months ago
Yes, good to see progress being reported in clinical trials, and plans for more to come, agree.
Hope springs eternal for NNVC investors.

Not sure what "admission" you are talking about as I didn't use the words you appear to be attributing to me.

But yeah, what happened to your claims that Diwan never intended to run any trials, which you claim you heard straight from his mouth?

And your claims that the laws of physics made it impossible to produce enough material for a trial, and that everyone at NNVC knows that?

How did all your predictions prove wrong, since you claim to know Diwan and know what's happening at NNVC?

Did he have a change of heart? or were you pulling our leg this whole time, because you are a bored member?
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Nanotoday Nanotoday 3 months ago
An admission that Diwan has siphoning off tens of millions of dollars, no legitimate verified results (self reporting vague milestones don’t count) but NOW they’re going to go legit because HOPEFULLY Diwan has taken enough.

Sounds like progress.
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KMBJN KMBJN 3 months ago
Yes, a US trial with big pharma sponsor, FDA IND, listing on Clinicaltrials.gov, and all the rest would give legitimacy to NNVC as an actual drug development company.

I did appreciate you noticing the "love letter," and have to admit it is/was suspicious how it took them so long to actually try to put their drugs into people, not to mention all the eggregious conflicts of interest. It has been clear that Diwan's rules of business are #1: Diwan comes first.

Perhaps he finally has siphoned off enough dough and is old enough that he finally will see what he has come up with? The NNVC BOD apparently asked him to withhold the development milestone payments until there is actual revenue. I suppose it was good of Diwan to put up $2M line of credit from himself to his company (in order to satisfy the going concerns / 12 mo of funds?) It was good to see that NNVC deal with Indian company gives 70% of sales to NNVC. I guess that means 30% to Diwan-India, 30% to Diwan-Theracour, and 40% for NNVC investors (of which Diwan is what, 10%?) So Diwan proves his business acumen once again in that any Indian sales of his drug goes ~50 cents on the dollar into his pocket, or something like that.
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KMBJN KMBJN 3 months ago
Agree it's not clear what Theracour is doing with the money recently, other than lining Diwan's pocket and supporting his private company. I guess working on manufacturing for upcoming Phase II? It would be nice if we had a bit more detailed description somewhere to see what NNVC investors are getting for their Theracour "investment." All the development work seems mostly done in terms of coming up with the backbone, appropriate ligands and linkages, and figuring out how to put it all together. They did report scaling up the batch size for future trials. It would be nice to hear the manufacturing cost per dose, Diwan salary at Theracour, number of personnel working at Theracour on behalf of NNVC, and other details that are obscured by listing a lump sum / Diwan slush fund / Theracour "development costs." Developing what, exactly?
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loanranger loanranger 3 months ago
"Development costs charged by TheraCour were approximately $2,536,000 and $2,369,000 for the years ended June 30, 2023 and 2022, respectively."

Presumably AD earns a salary from TheraCour and that salary is included in those two numbers. Because TheraCour is a private company we aren't entitled to know what that salary is.

If there's a breakdown of the TheraCour charges in the 10K that includes the above quote (is there?) I couldn't find it.
https://www.sec.gov/Archives/edgar/data/1379006/000141057823002146/nnvc-20230630x10k.htm
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loanranger loanranger 3 months ago
I'm still stuck on "There are many reasons to be skeptical".

I need to see much more before I abandon my "trust them about as far as I can throw them" perspective. A good start would be a trial that included formal documentation of its progress, a la https://clinicaltrials.gov/study/NCT04784897?term=brilacidin&rank=3&tab=history .

Right now we have the NNVC's CFO making deals with the President at Theracour who happens to be her husband:
https://www.sec.gov/Archives/edgar/data/1379006/000110465924024973/tm246547d1_ex10-5.htm

It'll take some verified efficacy in a trial that isn't conducted by friends and family to shake this feeling.

"Get their drugs to market"? Call me chicken little but I'm still not convinced that that's their intent. I have no basis for that feeling other than this:
https://www.sec.gov/cgi-bin/browse-edgar?company=nanoviricides&match=starts-with&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany
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KMBJN KMBJN 3 months ago
Yes, they completed an IND in India / DCGI for their trial, as we have discussed before.

Hopefully they can get a deal with a big pharma to do a trial in US for Covid or RSV, and file an IND with the FDA.
We believe that upon completion of the Phase 1a/1b human clinical trials of NV-CoV-2, the NV-387 oral formulations will be eligible for (i) Phase II/III clinical trials for RSV, (ii) Phase II clinical trials for COVID, and (iii) Phase II clinical trials for “Long COVID” associated with residual virus. We are currently in discussions with field experts regarding the strategy of prioritization for further development of NV-387 towards approval.

...

Importantly, in the reported quarter, we have approximately doubled our production batch size and capacity for NV-387 manufacture. We believe that this capacity will be sufficient for Phase II clinical trials for COVID or Phase II/III clinical trials for RSV. The production program for Phase II clinical supply is expected to be commissioned soon.

But yeah, so much for all those predictions that (1) they are unable to produce consistent batches of significant quantity to run a trial, because of "physics"; (2) they never intended to and never would ever run any trial, a supposed first hand account / knowledge of fraud; or (3) "in all the history of drug development, there has never been an instance of failing to get an IND and run a trial for xxx years, that a company got an IND and ran a trial" repeated several hundred times here by one poster!

There are many reasons to be skeptical, but it's good to be balanced and acknowledge that NNVC does appear to actually be trying to run clinical trials and get their drugs to market, ........... f i n a l l y .... after a loooooooooong time f*ing around.

Since they have only proven safety so far, now on to the important question investors want to know - do the 'cides actually work in humans? similar to as they have in many preclinical models? That will be a bit longer to get that answer, as they appear to still be in discussions to find suitable sites to recruit Covid subjects for the trial.
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