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🇺🇸 SECPharvaris N.V.Qwen · 实盘可交易 · 做多市场:美股▼ 亏 -7.61% · 已结算把握 6/10
北京时间·🕒 发布 18:51:09·⟳ 抓取 18:51:38 +29s·⚡ 决策 09-08 21:30:17 +2h38m·48.7 天前

Pharvaris(PHVS.US)公布 CHAPTER-3 关键三期阳性顶线数据:deucrictibant XR 预防 HAE 发作率较安慰剂降低 83%(p<0.0001),全部次要终点达标,计划 2027 上半年提交 NDA/MAA

一手 SEC 6-K + 公司新闻稿构成首发权威披露,方向明确为重大阳性(主要终点 p<0.0001、亚组 87%、全部次要终点达标、无治疗相关 SAE),事件发生在美股盘前、常规时段尚未开始交易,故给出带跳空上限的条件性做多;但因无法取得盘前报价、无法核实一致预期与增发风险,仓位压至 small 并缩短时限

📄 原文Pharvaris N.V.↗ 原文
----- 6-k_september_8_2026.htm ----- 6-K 1 6-k_september_8_2026.htm 6-K 6-K UNITED STATES SECURITIES AND EXCHANGE COMMI…
ENTER▲ 做多Pharvaris N.V.PHVS.US🇺🇸小仓
▼ 亏 -7.61%入场 09-08 盘前首笔 @41.27 → 离场 09-09 开盘 @38.26
30.0035.0040.0041.27做多 09-08离场 09-0908-1410-08
日 K 取自复盘打分切片 · 蓝点/蓝虚线 = 纸面入场价 · 灰虚线 = 纸面离场 · 持有期红底 = 赚(价格在入场线上方)、绿底 = 亏
💡 交易逻辑做多:关键三期主要及次要终点全达标、83%/87% 降幅,二元风险落地且盘前尚未开盘
怎么买 开盘买入 不高于昨收 +25%(超上限不成交)
怎么卖 止盈 +10%(半仓)/+18%(清仓) · 止损 -8% · 时间止损 2日
不做 KalVista Pharmaceuticals(KALV.US)
同为口服 B2 拮抗剂路线,本次读出对它是类别验证与竞争加剧并存的双向影响,方向不明;且本会话无 Web Search、内部 KB 亦无生物医药覆盖,无法核实其管线阶段、权益与重大性,故不下腿(既不做多也不满足做空红线的强空催化)
不做 BioMarin Pharmaceutical(BMN.US)
ORLADEYO 面临潜在口服替代竞争属长期、渐进影响,相对公司整体收入与市值弹性极小,且无本轮可核验的敞口数字,不构成事件驱动交易
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)

分时走势

做多 PHVS.US Pharvaris N.V.

建仓日早于近 30 天,只有日线图

成交明细 · 纸面

做多 PHVS.US Pharvaris N.V.

收益状态-7.61% 已平仓
进场成交2026-09-08 · 盘前首笔 · 09-08 18:55 北京 · @41.2709
离场成交2026-09-09 · 开盘 · @38.26
毛收益-7.30%
成本+0.31%
净收益-7.61%
计入收益-7.61%
建仓日2026-09-08 · 进场不早于新闻时刻 + 2 分钟

收益口径 event_time_plus_2min_10min_walk_open_topup_to_next_open_exchange_calendar_fill_model_local_notional_v9 · method_id m8db1cbc8f2d · 截至 2026-10-27 13:51

研究档案

结论摘要

事实层:Pharvaris 于 2026-09-08 美东盘前通过 6-K 附 Ex-99.1 公布 CHAPTER-3 关键三期顶线,deucrictibant XR 40mg qd 在全 HAE 类型中月发作率降 83%(p<0.0001)、1/2 型亚组降 87%,全部次要终点达标,首周起效并维持 24 周,无治疗相关 SAE,计划 2027H1 提交 NDA/MAA。影响链:公司是无收入的单资产罕见病标的,关键预防适应症三期成功等于把最大二元风险(失败即估值大幅下修)转为申报路径,叠加按需剂型 IR 的 NDA 已在审评,形成单一治疗品牌的两次商业化窗口。价格/证据层:内部 KB 与量化库均无生物医药/HAE 覆盖,无外部研报可核实读出一周前的一致预期;9/4 收盘 35.25 美元、距 52 周高 38.13 约 -7.55%、13 周轨迹缓步上行、近 10 日无放量抢跑(20 日波动率 2.66%,量比 0.73),说明消息未提前泄露但股价已处高位、预期不低。结论:事件方向明确且重大,给条件性 LONG——以 9/4 收盘为参考价、限制追高幅度,避免在极端跳空后接盘,并因增发与见光死风险采用早止盈、短时限、小仓位。

🔎 新鲜度:最早出现 2026-09-08 · 扩散 low · price-in 风险 medium ↗

关键理由

  • 关键三期主要终点与全部次要终点均达统计学显著且安全性无治疗相关 SAE,属于一手披露的确定性利好,直接消除公司最大二元风险
  • 83%(全类型)/87%(1、2 型)的发作率下降幅度配合口服每日一次的便利性,对现有注射类预防方案构成实质竞争,2027H1 申报与 IR 剂型在审形成连续催化窗口
  • 事件于美东盘前 07:00 左右发布、常规时段尚未开始交易,9/4 前近 10 日无放量抢跑迹象,利好尚未被日线级别重定价

主要风险

  • 关键三期成功后数日内宣布股权融资是高概率事件,增发摊薄常使顶线利好在一到三个交易日内回吐;若出现增发公告或基本面证伪(完整数据/安全性不及标题、监管要求额外试验),不等价格止损立即退出
  • 无法取得盘前实时报价,实际跳空可能远超限价上限导致不成交,或在极端高开后高走转跌,故仅以限价上限与早止盈控制追高风险

反向证据

  • 做多前查反向 · 来源 kb_search · 影响 none
    内部知识库 5 条命中全部为无关主题(海外消费、美国非农、半导体),无 Pharvaris/HAE 相关研报或纪要,既无法核实读出一周前的一致预期,也未发现内部记录的反方观点
    检索:Pharvaris deucrictibant CHAPTER-3 HAE 预防 三期 数据 预期
  • 做多前查反向 · 来源 kb_search · 影响 none
    未命中任何生物医药/HAE 竞争格局资料,无法量化竞争与替代风险;作为不确定性计入 confidence 与仓位,而非否决方向
    检索:遗传性血管性水肿 HAE 口服 bradykinin B2 受体拮抗剂 竞争格局 KalVista CSL TAKHZYRO
  • 做多前查反向 · 来源 filing · 日期 2026-09-04 · 影响 weakens
    price_snapshot/current_kline 显示读出前近 10 日在 -4.5%~+2.9% 区间震荡、20 日累计仅 +0.97%、量比 0.73、无放量跳空,未见提前泄露式抢跑;但现价距 52 周高仅 -7.55%、13 周轨迹由 100 升至 112,属高位缓牛,说明市场对该读出预期并不低
    检索:事件前异动/抢跑核查:PHVS 近 20 日逐日涨跌、量比、距 52 周高 原文 ↗
  • 做多前查反向 · 来源 kb_search · 日期 2026-09-02 · 影响 none
    search_case_library 显示 PHVS.US 相关历史决策 3 条、ENTER 0 条,我们从未在此票上出手,无胜率基线可依;两条早期记录均为低信息量的『发布研究/综述』类不做,与本次关键三期读出不可比
    检索:自家历史决策校准:PHVS.US 过往决策与结算收益

先例如何影响了这次决策

对本次决策的影响:先例缺失直接压低 confidence 至 6、size_tier 降至 small,并采用限价上限而非市价追买;未改变做多方向与标的选择

方向:无经首发溯源核验的同类先例可用;仅按生物医药一般机制判断:关键三期主要终点达标且安全性干净的罕见病口服药读出,方向性向上概率高,但幅度取决于读出前预期与是否随即增发

涨幅量级:无高相似、锚干净的 aligned 先例,故不用历史中位涨幅定 tp;改以保守区间(+10%/+18%)并对追高设上限

形态:未能核验高开低走/见光死频率;基于机制风险(读出后融资、完整数据不及标题)主动缩短 time_stop 至 2 个交易日并把第一档止盈设在较低位

工具执行结果 · 成功 7 · 降级 1 · 失败 0 · 取消 0
  1. search_processed_events 成功 stock_tools HTTP · 41 ms
    {"result": "search_processed_events:agent query=`deucrictibant 预防 hae 三期 阳性 | pharvaris 6-k press release september 2026 | pharvaris chapter-3 deucrictibant xr topline | phvs phase 3 prophylaxis hereditary angioedema positive`;结构化索引覆盖完整 72 小时;旧记录兼容扫描近 56.8/72 小时、397 条本臂决策(完整),返回 0 条候选。未命中只表示这些 agent
  2. stock_quote 降级 stock_tools HTTP · 649 ms
    取价失败: 订阅额度不足,订阅失败,已用订阅额度:4000/4000
  3. fetch_decision_experience 成功 stock_tools HTTP · 9 ms
    {
  4. price_snapshot 成功 stock_tools HTTP · 20 ms
    {
  5. kb_search 成功 stock_tools HTTP · 2,559 ms
    {
  6. search_case_library 成功 stock_tools HTTP · 17 ms
    {"result": "search_case_library「PHVS.US」—— 与这些标的相关的自家决策案例(本页 3 条,该标的全历史相关记录共 3 条;ENTER 只按该标的自己的腿统计):\n◆ PHVS.US:相关历史决策 3 条 · 其中该标的 ENTER 0 条(0.0%) · 我们从没在这只票上 ENTER 过\n【对所查标的真 ENTER 过的:0 条 —— 相关案例里没有该标的自己的 ENTER 腿】\n【最近 3 条其它决策(多为「不做」,用来看这票最近在被什么消息刷屏)】\n• 2026-09-02 UTC(CST 2026-09-03) 不做 · 事件:Seeki
  7. kb_search 成功 stock_tools HTTP · 2,631 ms
    {
  8. current_kline 成功 stock_tools HTTP · 95 ms
    {

原文全文

展开原文 · 16,066 字
----- 6-k_september_8_2026.htm -----
6-K
1
6-k_september_8_2026.htm
6-K
6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2026
Commission File Number: 001-40010
Pharvaris N.V.
(Translation of registrant’s name into English)
Emmy Noetherweg 2
2333 BK Leiden
The Netherlands
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F
☒
Form 40-F
☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
☐
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
PHARVARIS N.V.
On September 8, 2026, Pharvaris N.V. issued a press release announcing positive topline data from CHAPTER-3 pivotal study of deucrictibant XR for prophylaxis of HAE attacks. A copy of the press release is attached hereto as Exhibit 99.1. Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.
EXHIBIT INDEX
Exhibit
No.
Description
99.1
Press Release, dated September 8, 2026
.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
PHARVARIS N.V.
Date: September 8, 2026
By:
/s/ Berndt Modig
Name:
Berndt Modig
Title:
Chief Executive Officer

----- phvs-ex99_1.htm -----
EX-99.1
2
phvs-ex99_1.htm
EX-99.1
EX-99.1
Exhibit 99.1
Pharvaris Announces Positive Topline Data from CHAPTER-3 Pivotal Study of Deucrictibant XR for Prophylaxis of HAE Attacks
•
Primary endpoint met:
83% attack rate reduction versus placebo (p<0.0001)
in the first and only prophylaxis Phase 3 study in all three types of HAE
•
87% attack rate reduction versus placebo
observed in people with HAE Type 1 or Type 2
•
All secondary efficacy endpoints met with statistical significance
•
Well-tolerated safety profile of deucrictibant XR demonstrated
•
Conference call and webcast today at 8:00 a.m. EDT
ZUG, Switzerland, September 8, 2026 – Pharvaris (Nasdaq: PHVS), a late-stage biopharmaceutical company developing novel, oral bradykinin B2 receptor antagonists to help address unmet needs of those living with bradykinin-mediated angioedema (AE-BK), such as hereditary angioedema (HAE) and acquired angioedema due to C1 inhibitor deficiency (AAE-C1INH), today announced statistically significant and clinically meaningful topline results of the CHAPTER-3 pivotal Phase 3 study evaluating deucrictibant extended-release (XR) tablet for the prevention of HAE attacks. The primary endpoint and all secondary efficacy endpoints were met with statistical significance. Data from the CHAPTER-3 study will serve as the basis for marketing authorization applications, which are planned to be submitted starting in the first half of 2027.
CHAPTER-3 Study Design and Results
The CHAPTER-3 (
NCT06669754
) global Phase 3, double-blind, placebo-controlled study evaluated orally administered deucrictibant XR tablet (40 mg, once daily) for the prevention of attacks in adolescents and adults with HAE. CHAPTER-3 is the first and only prophylaxis Phase 3 study to evaluate all three types of HAE, including people with HAE type 1, HAE type 2, or HAE with normal C1 inhibitor. The study randomized 85 participants from 21 countries in a 2:1 ratio to deucrictibant XR (N=55) or placebo (N=30) for 24 weeks of treatment.
Treatment with deucrictibant XR in participants with all types of HAE reduced the mean monthly attack rate by 83% (p<0.0001). Further analysis in the 80 participants with HAE Type 1 or Type 2 showed that the mean monthly attack rate was 87% lower in the deucrictibant XR group compared to placebo. Primary endpoint results were consistent across subgroups. All secondary efficacy endpoints, assessed sequentially under a multiplicity-control procedure, were also met with statistical significance. In
CHAPTER-3, administration of deucrictibant XR resulted in early-onset protection within the first week, which was then sustained through the 24 weeks of study treatment. Robust reductions in attack rate from baseline and increases in the percentage of attack-free participants were observed in the deucrictibant-treated group.
In CHAPTER-3, deucrictibant XR was well tolerated with most treatment-emergent adverse events being mild or moderate. There were no treatment-related serious adverse events reported. One participant in each group discontinued treatment due to an adverse event.
Marc A. Riedl, M.D., M.S., Professor of Medicine, Clinical Director of the U.S. Hereditary Angioedema Association (HAEA) Angioedema Center at the University of California San Diego (UCSD), and principal investigator in the CHAPTER-3 study, commented, “
Alongside the RAPIDe-3 data in the on-demand setting, these CHAPTER-3 results further confirm the value of targeting the bradykinin B2 receptor for both the prevention and treatment of attacks across all types of HAE. People living with HAE are seeking novel treatment options that offer improved disease control and health-related quality of life, with reduced treatment burden. If approved, the efficacy, tolerability, and convenient oral administration
position deucrictibant XR as a potential important addition to HAE clinical practice, supporting individualized treatment strategies designed around shared decision making.”
Peng Lu, M.D., Ph.D., President of Pharvaris, stated, “
People living with HAE have been waiting for a well-tolerated oral therapy with injectable-like efficacy; we believe deucrictibant XR can help address this unmet need. CHAPTER-3 showed statistically significant reductions in attack frequency, characterized by early and sustained protection, clinically meaningful improvements in health-related quality of life, and better HAE control. The successful study completion would not have been possible without the incredible contributions of the clinical study participants and their caregivers, the site investigators and staff, the HAE community, our study partners, and the Pharvaris team, to whom we are sincerely thankful
.”
Dr. Lu continued, “
With the ongoing regulatory review of the NDA of deucrictibant IR for on-demand treatment of HAE attacks and the planned submission of an NDA for deucrictibant XR for prevention of bradykinin-mediated angioedema attacks, we are focused on commercial preparation for two potential launches. Pharvaris aims to set a new standard in stakeholder engagement by delivering a best-in-class experience for the community, powered by our expertise and integrated capabilities across the deucrictibant portfolio.
”
Berndt Modig, Chief Executive Officer of Pharvaris, added, “
Pharvaris was founded on the vision of elevating the standard of care in HAE. Today represents a landmark moment for the company and the community as a whole: deucrictibant could be the first and only oral therapy to offer injectable-like efficacy and a well-tolerated profile in on-demand treatment and prophylaxis with our two unique formulations. Pharvaris now plans to redefine disease management by uniting on-demand treatment and long-term prophylaxis within a single therapeutic franchise. This encourages us to further leverage our deep scientific expertise to bring novel therapies to those living with bradykinin-mediated diseases with unmet medical needs, beyond angioedema.”
Pharvaris plans to present additional efficacy, safety, and participant experience data from the CHAPTER-3 study at upcoming medical congresses.
The CHAPTER-4 open-label long-term extension study of deucrictibant XR for the prophylaxis of HAE attacks is ongoing.
Topline data from Part 1 of CREAATE (
NCT07266805
), a global, pivotal Phase 3 study evaluating orally-administered deucrictibant XR for the prevention of AAE-C1INH attacks, are anticipated in the first quarter of 2027. Enrollment in CREAATE is ongoing and progressing as planned.
Pharvaris plans to submit a New Drug Application to the U.S. Food and Drug Administration for the prophylaxis of bradykinin-mediated angioedema attacks in the first half of 2027.
Conference Call
Pharvaris will host a live conference call and webcast to discuss the CHAPTER-3 study topline data in greater detail at 8:00 a.m. EDT today via a
live webcast
; presentation slides may be accessed on the “
Events and Presentations
” page of the Pharvaris investor relations website. Participants interested in asking a verbal question during the Q&A may do so in the
live conference call
. An archived replay will also be available on the website for 90 days following the event.
About Deucrictibant
Deucrictibant is a novel, potent, orally bioavailable small-molecule bradykinin B2 receptor antagonist currently in clinical development. Deucrictibant is being investigated for its potential to prevent the occurrence of bradykinin-mediated angioedema attacks and to treat the manifestations of attacks if/when they occur by inhibiting bradykinin signaling through the bradykinin B2 receptor. Pharvaris is developing two formulations of deucrictibant for oral administration: an extended-release tablet to enable sustained absorption and efficacy as prophylactic treatment, and an immediate-release capsule to enable rapid onset of activity for on-demand treatment. Deucrictibant has been granted orphan drug designation for the treatment of bradykinin-mediated angioedema by the U.S. Food and Drug Administration, the European Commission, and Swissmedic.
About Pharvaris
Pharvaris is a late-stage biopharmaceutical company developing novel, oral bradykinin B2 receptor antagonists to help address unmet needs in bradykinin-mediated conditions, including all types of bradykinin-mediated angioedema. Pharvaris’ aspiration is to offer therapies with injectable-like efficacy™, a well-tolerated profile, and the convenience of oral administration to prevent and treat bradykinin-mediated angioedema attacks. By delivering on this aspiration, Pharvaris aims to provide a new standard of care in bradykinin-mediated angioedema. For more information, visit
https://pharvaris.com/
.
Forward Looking Statements
This press release contains certain forward-looking statements that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements relating to our future plans, studies and trials, and any statements containing the words “believe,” “anticipate,” “expect,” “estimate,” “may,” “could,” “should,” “would,” “will” and similar expressions. These forward-looking statements are based on management’s current expectations, are neither promises nor guarantees, and involve known and unknown risks, uncertainties and other important factors that may cause Pharvaris’ actual results, performance or achievements to be materially different from its expectations expressed or implied by the forward-looking statements. Such risks include but are not limited to the following: uncertainty in the outcome of our interactions with regulatory authorities, including the FDA; the expected timing, progress, or success of our clinical development programs, especially for deucrictibant immediate-release capsules and deucrictibant extended-release tablets, which are in late-stage global clinical trials; the outcome of regulatory approvals, including the outcome of our NDA and MAA for the on-demand treatment of acute attacks of HAE; our ability to replicate the efficacy and safety demonstrated in the RAPIDe-1, RAPIDe-2, RAPIDe-3, CHAPTER-1, and CHAPTER-3 Phase 2 and Phase 3 studies in ongoing and future nonclinical studies and clinical trials, such as CREAATE; risks arising from epidemic diseases, which may adversely impact our business, nonclinical studies, and clinical trials; our ability to potentially use deucrictibant for alternative purposes, for example to treat C1-INH deficiency (AAE-C1INH); the value of our ordinary shares; the timing, costs and other limitations involved in obtaining regulatory approval for our product candidates, or any other product candidate that we may develop in the future; our ability to establish commercial capabilities or enter into agreements with third parties to market, sell, and distribute our product candidates; our ability to compete in the pharmaceutical industry, including with respect to existing therapies, emerging potentially competitive therapies and with competitive generic products; our ability to market, commercialize and achieve market acceptance for our product candidates; our ability to produce sufficient amounts of drug product candidates for commercialization; our ability to raise capital when needed and on acceptable terms; regulatory developments in the United States, the European Union and other jurisdictions; our ability to protect our intellectual property and know-how and operate our business without infringing the intellectual property rights or regulatory exclusivity of others; our ability to manage negative consequences from changes in applicable laws and regulations, including tax laws (including the Biosecure Act), our ability to maintain an effective system of internal control over financial reporting; changes and uncertainty in general market conditions; disruptions at the FDA and other agencies; changes and uncertainty in general market, political and economic conditions, including as a result of inflation and
geopolitical conflicts; changes in regulations and customs, tariffs and trade barriers; and the other factors described under the headings “Cautionary Statement Regarding Forward-Looking Statements” and “Item 3. Key Information—D. Risk Factors” in our Annual Report on Form 20-F and other periodic filings with the U.S. Securities and Exchange Commission. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. While Pharvaris may elect to update such forward-looking statements at some point in the future, Pharvaris disclaims any obligation to do so, even if subsequent events cause its views to change. These forward-looking statements should not be relied upon as representing Pharvaris’ views as of any date subsequent to the date of this press release.
Contact
Maggie Beller
Vice President, Head of Corporate and Investor Communications
maggie.beller@pharvaris.com

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