At the presentation of the Pharvaris financial results for the fourth quarter and year ended 31 December 2022, CEO Berndt Modig says:
“Our first in-patient data readout of deucrictibant in people living with HAE was a significant milestone for the company. The positive outcome of the RAPIDe-1 clinical study, announced in December 2022, demonstrates the potential of PHVS416 to offer meaningful improvement over the standard of care for people living with HAE in their on-demand treatment of attacks. With the non-clinical study underway, we believe we have a path forward to address the remaining clinical holds in the U.S. We anticipate important milestones this year, including the announcement of top-line Phase 2 CHAPTER-1 data, the activation of our first ex-U.S. clinical sites for a Phase 3 on-demand study, and the submission of our non-clinical toxicology data to the FDA. The unique clinical insights of the Pharvaris team and our strong financial position have enabled us to effectively execute toward our goals; we will continue to operate with a disciplined approach as we aspire to bring best-in-class oral therapies to the HAE community.”
(Source: Pharvaris)