Aligos Therapeutics announced the USAN adoption of pevifoscorvir sodium as the generic name for their HBV treatment candidate.
Quiver AI Summary
Aligos Therapeutics, Inc. announced that the US Adopted Names (USAN) Council has formally adopted the name pevifoscorvir sodium for its investigational drug ALG-000184, aimed at treating chronic hepatitis B virus (HBV) infection. This marks Aligos' first generic name for a compound and highlights the company's commitment to innovation in liver and viral disease treatment. Pevifoscorvir sodium, a capsid assembly modulator, has shown promising results in Phase 1 trials, demonstrating safety and antiviral effectiveness. The company is advancing its Phase 2 B-SUPREME study, with interim results expected in 2026 and full data anticipated in 2027. Aligos continues to focus on developing therapies for significant medical needs, including chronic HBV infection and other liver diseases.
Potential Positives
- The United States Adopted Names Council adopted the nonproprietary name "pevifoscorvir sodium" for Aligos Therapeutics' candidate ALG-000184, marking a significant milestone in the company's drug development process.
- This adoption facilitates consistent identification and international recognition of the drug, which is important for transparency and communication in the global market.
- Pevifoscorvir sodium has demonstrated promising safety and antiviral activity in Phase 1 studies, suggesting its potential as a best-in-class treatment for chronic hepatitis B virus infection.
- The initiation of the Phase 2 B-SUPREME study and forthcoming data presentations at major medical conferences underscore Aligos' commitment to advancing its research and addressing unmet medical needs.
Potential Negatives
- The press release emphasizes the company's clinical-stage status, which may raise concerns about its current lack of market-ready products and revenue generation.
- Forward-looking statements indicate potential risks and uncertainties inherent in the drug development process, suggesting that future clinical trials may not yield anticipated results.
- There is a long timeline for data release (topline data anticipated in 2027), which could lead to investor concerns about the company's short-term prospects and financial sustainability.
FAQ
What is the significance of pevifoscorvir sodium's adoption as a generic name?
The adoption of pevifoscorvir sodium marks Aligos Therapeutics' first generic name and demonstrates progress in treating chronic hepatitis B.
What is pevifoscorvir sodium being developed for?
Pevifoscorvir sodium is being developed as a potential treatment for chronic hepatitis B virus (HBV) infection.
What were the results of the Phase 1 studies for pevifoscorvir sodium?
The Phase 1 studies indicated that pevifoscorvir sodium was well-tolerated with no safety signals and demonstrated excellent antiviral activity.
When will interim data from the Phase 2 B-SUPREME study be available?
Interim data from the Phase 2 B-SUPREME study is projected to be available in 2026.
What is Aligos Therapeutics' mission?
Aligos Therapeutics aims to improve patient outcomes by developing best-in-class therapies for liver and viral diseases.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ALGS Analyst Ratings
Wall Street analysts have issued reports on $ALGS in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 09/12/2025
To track analyst ratings and price targets for $ALGS, check out Quiver Quantitative's $ALGS forecast page.
Full Release
SOUTH SAN FRANCISCO, Calif., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Aligos Therapeutics, Inc. (Nasdaq: ALGS), a clinical stage biopharmaceutical company focused on improving patient outcomes through best-in-class therapies for liver and viral diseases, today announced that the United States Adopted Names (USAN) Council has adopted pevifoscorvir sodium as the nonproprietary (generic) name for ALG-000184, under investigation for the treatment of chronic hepatitis B virus (HBV) infection.
The USAN, consisting of members from the Food and Drug Administration (FDA), American Medical Association (AMA), United States Pharmacopeia (USP) and the American Pharmacists Association (APhA), is responsible for developing simple, informative and unique nonproprietary (generic) drug names.
“The adoption of pevifoscorvir sodium, or pevy, marks the first generic name for a compound at Aligos,” stated Lawrence Blatt, PhD, MBA, Chairman, President, and Chief Executive Officer of Aligos Therapeutics. “As we continue to progress our Phase 2 B-Supreme study, we look forward to adopting this new name. This milestone showcases our continued innovation in the liver and viral disease space and reinforces our commitment to improving patient outcomes.”
Generic drug names like pevifoscorvir sodium ensure consistent identification. Standardized naming also supports international recognition and transparency across markets.
About pevifoscorvir sodium
Pevifoscorvir sodium (formerly known as ALG-000184) was derived from initial IP licensed from the laboratory of Dr. Raymond Schinazi at Emory University, which was further optimized by Aligos. Pevifoscorvir sodium is a potent potential best/first-in-class oral small molecule capsid assembly modulator (CAM-E) being developed for chronic hepatitis B virus (HBV) infection. Phase 1 studies have demonstrated after single and multiple daily doses that pevifoscorvir sodium was well-tolerated by study participants, with no safety signals observed, and demonstrated linear PK and excellent antiviral activity. In longer term Phase 1 studies, pevifoscorvir sodium 300mg QD x ≤96 weeks ± entecavir (ETV) and pevifoscorvir sodium monotherapy have demonstrated sustained reductions in HBV DNA, RNA, HBsAg, HBeAg, and HBcrAg. Pevifoscorvir sodium has a regulatory path, as acknowledged by the FDA, EMA, and NMPA (China), for subsequent studies utilizing the chronic suppressive pathway. Phase 1 96-week dosing of pevifoscorvir sodium has been completed with the final and post-treatment follow up data expected at the American Association for the Study of Liver Disease’s The Liver Meeting® in 2025. The Phase 2 B-SUPREME study initiated in August 2025, with interim data projected in 2026, and topline data anticipated in 2027.
About Aligos
Aligos Therapeutics, Inc. (NASDAQ: ALGS) is a clinical stage biotechnology company founded with the mission to improve patient outcomes by developing best-in-class therapies for the treatment of liver and viral diseases. Aligos applies its science driven approach and deep R&D expertise to advance its purpose-built pipeline of therapeutics for high unmet medical needs such as chronic hepatitis B virus (HBV) infection, metabolic dysfunction-associated steatohepatitis (MASH), and coronaviruses.
For more information, please visit www.aligos.com or follow us on LinkedIn or X.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any statements in this press release that are not historical facts may be considered “forward-looking statements,” including without limitation, statements regarding Aligos’ financial results and performance as well as research and development activities, including regulatory status and the timing of announcements and updates relating to our regulatory filings and clinical trials. Such forward looking statements are subject to substantial risks and uncertainties that could cause our development programs, future results, performance, or achievements to differ materially from those anticipated in the forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties inherent in the drug development process, including Aligos’ clinical-stage of development, the process of designing and conducting clinical trials, the regulatory approval processes, and other matters that could affect the sufficiency of Aligos’ capital resources to fund operations. For a further description of the risks and uncertainties that could cause actual results to differ from those anticipated in these forward-looking statements, as well as risks relating to the business of Aligos in general, see Aligos’ Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 6, 2025 and its future periodic reports to be filed or submitted with the Securities and Exchange Commission. Except as required by law, Aligos undertakes no obligation to update any forward-looking statements to reflect new information, events or circumstances, or to reflect the occurrence of unanticipated events.
Investor Contact
Aligos Therapeutics, Inc.
Jordyn Tarazi
Vice President, Investor Relations & Corporate Communications
+1 (650) 910-0427
[email protected]
Media Contact
Inizio Evoke
Jake Robison
Vice President
[email protected]