• Vivoryon's VIVA-MIND Phase IIa trial of varoglutamstat in early Alzheimer's disease failed to meet its primary and secondary endpoints, mirroring previous unsuccessful VIVIAD trial.
• Despite the setback in Alzheimer's, VIVA-MIND data revealed a statistically significant improvement in kidney function, specifically an increase in eGFR compared to placebo.
• Vivoryon will now prioritize the development of varoglutamstat for diabetic kidney disease and potentially other kidney conditions like Fabry disease and Alport syndrome.
• The company's stock prices initially surged following the kidney function findings but remain below levels prior to the negative Alzheimer's results.