TVGN

Expenses significantly lower with expansion on multiple efforts; Q2 2025 loss from operations reduced to $5.4 million vs $8.6 million in Q2 2024. Tevogen maximizes capital efficiency, maintains access to financing to support growth, and anticipates revenue by end of 2026; Exploring options to address limited tradable float. Building infrastructure, advancing AI, and expanding internal capabilities in a sector with limited growth. WARREN, N.J., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Tevogen Bio Holdings Inc. (“Tevogen” or the “Company) (Nasdaq: TVGN) announced its financial results for the fiscal quarter ended June 30, 2025, and filed its Form 10-Q with the Securities and Exchange Commission (“SEC”), highlighting improved operational efficiency. For the three months ended June 30, 2025, loss from operations was $5.4 million, compared to $8.6 million for the same period in 2024. Net loss for the quarter was $5.5 million, compared to $9.7 million in Q2 2024. “In our sector, it is common to see companies incur significantly larger operating losses than Tevogen, yet at Tevogen, every dollar goes a long way as we continue building infrastructure, advancing AI, and strengthening internal capabilities in a market that is otherwise seeing limited growth. We also maintain access to sufficient capital to support our path to anticipated revenue by the end of 2026. At the same time, we recognize that our current limited tradable float does not fully meet investor demand, and we are actively exploring options to address this.” said Ryan Saadi, MD, MPH, Founder and CEO of Tevogen. Tevogen maintains financing in place to support its operations and growth plans and is in the process of establishing its own GMP manufacturing facility, a strategic step toward enhancing control over production and accelerating product development timelines. Full details on the Company’s quarterly results are available on the Form 10-Q filed with the SEC. Forward Looking Statements This press release contains certain forward-looking statements, including without limitation statements relating to: Tevogen’s plans for its research and manufacturing capabilities; expectations regarding future growth; expectations regarding the healthcare and biopharmaceutical industries; and Tevogen’s development of, the potential benefits of, and patient access to its product candidates for the treatment of infectious...

CEO's personal contribution fully funds build-out and first-year operations Doubled HQ footprint centralizes cross-functional teams, including research, regulatory affairs, and the expanding Tevogen.AI initiative WARREN, N.J., July 10, 2025 (GLOBE NEWSWIRE) -- Tevogen (“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq: TVGN) today announced the completion and official opening of its fully functional, newly expanded corporate headquarters in Warren, New Jersey. The build-out and first-year operating costs were personally gifted by Founder and Chief Executive Officer Ryan Saadi, M.D., M.P.H., resulting in no expense to the Company or its shareholders. Completed ahead of schedule, the new facility is designed to anticipate growth as it more than doubles Tevogen’s previous footprint and brings research, regulatory, and the expanding Tevogen.AI teams together under one roof. A formal ribbon-cutting ceremony is being planned at the new site and will host local officials, employees, and community partners. Forward Looking Statements This press release contains certain forward-looking statements, including without limitation statements relating to: Tevogen’s plans for its research and manufacturing capabilities; expectations regarding future growth; expectations regarding the healthcare and biopharmaceutical industries; and Tevogen’s development of, the potential benefits of, and patient access to its product candidates for the treatment of infectious diseases and cancer. Forward-looking statements can sometimes be identified by words such as “may,” “could,” “would,” “expect,” “anticipate,” “possible,” “potential,” “goal,” “opportunity,” “project,” “believe,” “future,” and similar words and expressions or their opposites. These statements are based on management’s expectations, assumptions, estimates, projections and beliefs as of the date of this press release and are subject to a number of factors that involve known and unknown risks, delays, uncertainties and other factors not under the company’s control that may cause actual results, performance or achievements of the company to be materially different from the results, performance or other expectations expressed or implied by these forward-looking statements. Factors that could cause actual results, performance, or achievements to differ from those expressed or implied by forward-looking statements include, but...

Contribution highlights leadership’s understanding of the importance AI will play in drug discovery WARREN, N.J., June 30, 2025 (GLOBE NEWSWIRE) -- Tevogen (“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq: TVGN) today announced that founder and Chief Executive Officer, Ryan Saadi, M.D., M.P.H., has personally contributed $500,000 towards the build-out and first-year operating costs of Tevogen’s new corporate headquarters in Warren, New Jersey. “This contribution is about belief in Tevogen’s mission, in the remarkable people who bring that mission to life, and in the future we are building together,” said Dr. Saadi. “Our purpose is more than a business plan; it is a shared promise to patients, to one another, and to the society we serve. I am grateful for how far we have come and confident in the road ahead.” As previously announced, the new facility more than doubles Tevogen’s previous footprint and centralizes cross-functional teams, including research, regulatory affairs, and the expanding Tevogen.AI initiative, under one roof. Dedicated collaboration spaces will support data scientists and engineers as they unlock the full potential of Tevogen’s proprietary PredicTcell™ and AdapTcell™ AI platforms. “This personal investment by our CEO underscores the conviction of Tevogen’s leadership in our long-term vision of accessible, affordable cell therapies,” added Kirti Desai, Chief Financial Officer. “We expect it to enable us to scale efficiently while maintaining our commitment to capital discipline.” Forward Looking Statements This press release contains certain forward-looking statements, including without limitation statements relating to: Tevogen’s plans for its research and manufacturing capabilities; expectations regarding future growth; expectations regarding the healthcare and biopharmaceutical industries; and Tevogen’s development of, the potential benefits of, and patient access to its product candidates for the treatment of infectious diseases and cancer. Forward-looking statements can sometimes be identified by words such as “may,” “could,” “would,” “expect,” “anticipate,” “possible,” “potential,” “goal,” “opportunity,” “project,” “believe,” “future,” and similar words and expressions or their opposites. These statements are based on management’s expectations, assumptions, estimates, projections and beliefs as of the date of this press release an...

Tevogen (TVGN) announced the execution of a lease agreement to expand its corporate headquarters in Warren, New Jersey, more than doubling its footprint. The expanded space will centralize cross-functional teams, including executive leadership, regulatory affairs, corporate strategy, and research and development, thereby increasing operational efficiency and enhancing cross-team collaboration. The headquarters will also house Tevogen.AI and the Generics & Biosimilars initiative, with dedicated facilities for Tevogen.AI’s growing team of data scientists and engineers as development of its proprietary AdapTcell and PredicTcell algorithms accelerates. In addition to these core initiatives, the expanded facility could provide capacity to support potential new business units as Tevogen continues to grow and diversify its portfolio. The newly leased space was formerly occupied by CAPTRUST, a national investment advisory firm with reported total client assets exceeding $1 trillion. Tevogen is proud to continue building in this high-profile location and expresses its sincere appreciation to the building’s owner, Mitsui Sumitomo Insurance Company of America, and parent company MS&AD Insurance Group Holdings Inc., for their continued support. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More on TVGN: Disclaimer & DisclosureReport an Issue Tevogen Bio Expands Office Space in New Jersey AI Daily: OpenAI argues to keep countersuit against Musk Tevogen details AI initiative, Tevogen.AI, with Microsoft, Databricks pacts Tevogen announces planned expansion of TVGN 489’s target population Tevogen CEO says business model addresses biopharma industry challenges

R&D and cross-functional operations will be centralized in a single location to enhance collaboration and operational efficiency. Tevogen.AI, strengthened by its partnership with Microsoft, continues to expand. An update on AI and other Company assets, previously estimated to have a market value of $10 billion, is forthcoming. Shareholders will soon receive an update on Tevogen’s goal of finalizing in-house manufacturing capabilities, which are expected to support projected cumulative revenues of $10–14 billion for Tevogen Oncology and $18–22 billion for Tevogen Specialty Care. Originally founded as a biotech company, Tevogen has plans to evolve into a multifaceted operation: Tevogen Bio, Tevogen.AI, and Tevogen Generics & Biosimilars. A comprehensive update on these initiatives is forthcoming. Tevogen remains committed to healthcare affordability and accessibility through drug development, AI-powered innovation, and domestic manufacturing of generics and biosimilars. WARREN, N.J., June 09, 2025 (GLOBE NEWSWIRE) -- Tevogen (“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq: TVGN) today announced the execution of a lease agreement to expand its corporate headquarters in Warren, New Jersey, more than doubling its footprint. The expanded space will centralize cross-functional teams, including executive leadership, regulatory affairs, corporate strategy, and research and development (previously located in Philadelphia), thereby increasing operational efficiency and enhancing cross-team collaboration. The headquarters will also house Tevogen.AITM and the Generics & Biosimilars initiative, with dedicated facilities for Tevogen.AI’s growing team of data scientists and engineers as development of its proprietary AdapTcellTM and PredicTcellTM algorithms accelerates. In addition to these core initiatives, the expanded facility could provide capacity to support potential new business units as Tevogen continues to grow and diversify its portfolio. The newly leased space was formerly occupied by CAPTRUST, a national investment advisory firm with reported total client assets exceeding $1 trillion. Tevogen is proud to continue building in this high-profile location and expresses its sincere appreciation to the building’s owner, Mitsui Sumitomo Insurance Company of America, and parent company MS&AD Insurance Group Holdings Inc., for their continued support. “This expansion...