Theriva Biologics
Develops stroma-degrading oncolytic viruses for difficult-to-treat solid tumors.
Something off on this page? Send us feedback.
Profile
Develops VCN-01 and related oncolytic viruses for solid tumors, using a Spain-based research organization and external clinical and manufacturing networks; no products are approved or sold.
Develops oncolytic adenoviruses for difficult-to-treat solid tumors, centered on VCN-01, a systemically administered virus designed to selectively replicate in tumor cells, degrade protective tumor stroma, and support co-administered therapies and an antitumor immune response. Its clinical work spans metastatic pancreatic cancer, retinoblastoma, and head-and-neck cancer, with preclinical VCN-X programs extending the platform.
Coordinates corporate functions from Maryland and oncology research and clinical development from Spain. Virus-process development occurs in Spain, while clinical and prospective commercial manufacturing, release testing, and much of clinical execution depend on external CDMOs, CROs, sites, investigators, licensors, and academic hospitals.
No products are approved or commercially sold; product revenue requires clinical progress, regulatory approval, manufacturing, and commercialization capability. The funded strategy is concentrated in VCN-01, while future work also depends on financing, partner support, licensed intellectual property, and United States and European regulatory processes.
Company facts
Key statistics
Year to date −5.9% · Average volume (30d) 552.6K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 12, 2026Q2 FY26 | −$0.06 | −$0.07 | −27.3% | $300.0K | — | — | +4.35% |
| Aug 11, 2026Q2 FY26 | −$0.06 | −$0.07 | −27.3% | — | — | — | −0.43% |
| May 5, 2026Q1 FY26 | −$0.05 | −$0.05 | 0.0% | $300.0K | $300.0K | 0.0% | +0.50% |
| Mar 12, 2026Q4 FY25 | −$0.44 | $1.85 | +525.3% | — | — | — | −3.20% |
Financial highlights
| 11 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $300.0K | $0 | |
| Gross profit | $0 | $0 | $0 | $0 | $276.0K | $0 | |
| Operating income | −$4.4M | −$13.1M | −$4.4M | −$2.1M | −$2.1M | −$3.3M | |
| Net income | −$4.3M | −$13.1M | −$4.4M | −$2.0M | −$2.0M | −$3.2M | |
| Diluted EPS | −$1.55 | −$1.93 | −$0.45 | −$0.10 | −$0.05 | −$0.07 | |
| Gross margin | — | — | — | — | 92.0% | — | |
| Operating margin | — | — | — | — | -700.0% | — |
Fiscal years (4-quarter sums)FY24 $0 · FY25 $0
Balance sheet, Jun 30, 2026Cash & short-term investments $11.3M · Total debt $3.6M · Total assets $34.9M · Shareholders' equity $12.2M
Dividends
No dividends on record.
Ownership
Shares outstanding 45.89M · Float 45.14M · 98.4% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Jeffrey Matthew Gryga Irrevocable Trust | 739.2K | 7.70% | 13G | Nov 10, 2025 |
| Geode Capital Management, LLC | 450.3K | 0.98% | 13F | May 15, 2026 |
| Virtu Financial LLC | 253.2K | 0.55% | 13F | May 14, 2026 |
| Vanguard Fiduciary Trust Co | 241.8K | 0.53% | 13F | May 8, 2026 |
| UBS Group AG | 225.6K | 0.49% | 13F | May 5, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Oncolytics Biotech
Closest listed rival in systemic, first-line mPDAC viral combinations.
- Candel Therapeutics
Direct PDAC rival with a clinically tested adenoviral immunotherapy.
- Calidi Biotherapeutics
Systemic enveloped-virus platform rival for metastatic solid tumors.
- Genelux
Late-stage vaccinia platform competing for oncolytic-virus partners.
- Replimune Group
HSV-1 platform rival for oncolytic-immunotherapy capital and partners.
- CG Oncology
Bladder-focused adenovirus peer in the broader oncolytic-virus field.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Theriva Biologics | $0.2500 | +2.17% | $11.2M | — | — | 37.5 | — |
| Oncolytics Biotech | $0.8526 | −0.79% | $86.0M | — | — | — | — |
| Candel Therapeutics | $13.07 | +0.08% | $957.6M | — | — | — | — |
| Calidi Biotherapeutics | $1.32 | +0.76% | $607.8K | — | — | — | — |
| Genelux | $2.66 | −0.31% | $119.3M | — | — | 14,909.4 | −98.2% |
| Replimune Group | $15.45 | −0.39% | $1.30B | — | — | — | — |
| CG Oncology | $73.91 | −0.57% | $6.56B | — | — | 1,052.8 | — |
| Median | — | — | 7,981.1 | −98.2% |








